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WeatherPromise partnered with JetBlue Airways WeatherPromise partnered with Greenlight Re Falcon Insurance Group picks Liberate in Claims RGA partnered with Equitable Adaptive Insurance raised $5M Selective raised $400M SiriusPoint raised $57.49M Lemonade picks Cambridge Mobile Telematics in Risk Mitigation TIH picks Auditoria.AI in Admin Oxbridge Re Holdings raised $3M Fair Car Insurance picks Octo Telematics in Underwriting Next Insurance picks ZestyAI in Underwriting COVU raised $10M Trilogy Underwriting partnered with Accelerant Holdings Movinx partnered with Liberty Mutual

State Farm shares cost estimates of wildfires

By Avi Ben-Hutta

State Farm General has paid out $1.75 billion on approximately 9,500 claims.

Investments

Nationwide invests and partners

By Avi Ben-Hutta ·

The Vesta Healthcare and Kinetic announcements are part of Nationwide's commitment to invest more than $100 million of venture capital in customer-centric solutions.

Technology

Verisk introduces TrueVIN

By Shefi Ben-Hutta ·

Verisk has introduced TrueVIN to provide insurers with precise details about how cars and trucks are equipped from the factory, using the complete 17-digit VIN. TrueVIN can uncover vehicle-specific, as-built...

American Family raises minimum pay to $20 per hour

By Coverager ·

The increase applies to all companies within the American Family Insurance group.

Business

Lighter Capital enters into agreement to sell up to $100 million of loans to emerging tech startups

By Avi Ben-Hutta ·

Lighter Capital’s fintech platform pulls in 6,500 data points, uses proprietary algorithms to determine a credit rating and data science to predict a startup’s revenue growth with 97% accuracy, on average.

Member News

Protecht promotes Patrick Zhang to new CTO position

By Casey Callinsky ·

NEWPORT BEACH, Calif., Jan. 23, 2020 /PRNewswire/ — Protecht, the award-winning insurtech company, has appointed Patrick Zhang of Irvine, California to the newly created position of Chief Technology Officer (CTO). He reports to Protecht CEO Bryan Derbyshire. “Patrick has been...

Business

Nimbl by Nationwide

By Avi Ben-Hutta ·

The app, available for both Apple and Android devices, allows users to connect some of their financial institutions to bring in spending and debt information.

Business

CoreLogic acquires Location, Inc.

By Coverager ·

CoreLogic announced the completion of the company’s acquisition of Location, Inc., a provider of geographic data sciences and predictive, location-based analytics for businesses across the U.S. and Canada. Location, Inc.’s...

Business

Gett becomes operationally profitable

By Avi Ben-Hutta ·

The news comes after Gett announced a strategic partnership with ride-hailing firm Lyft in November 2019.

Member News

EMC Insurance Selects FRISS as Fraud Detection Partner

By Ruud van Gerwen ·

Chicago – EMC Insurance Companies, a national property and casualty insurer, and FRISS, the leading provider of insurance fraud detection solutions worldwide, today announced their partnership. “We’re thrilled to be...

Innovation

KYC made easy with KUBE

By Isaac Ben-Hutta ·

Belfius, BNP Paribas Fortis, ING Belgium and KBC – four Belgian banks – along with financial consultants Isabel Group have announced the launch of blockchain app KUBE that will streamline...

Business

N26 crosses 5 million customer milestone on fifth anniversary of launch

By Avi Ben-Hutta ·

The announcement comes after a year of "unprecedented growth" that saw the mobile bank grow its global customer base by more than 2x in 2019 alone, welcoming more new customers than every single year before combined.

Business

Barclays announces partnership with Nimbla

By Avi Ben-Hutta ·

Nimbla, which graduated from the Techstars-powered Barclays Accelerator in 2018, allows customers to insure a single invoice from as little as £6, instead of insuring the whole book.

Business

Atlas Financial looking to sell Gateway Insurance to Buckle

By Isaac Ben-Hutta ·

Schaumburg-based commercial auto insurance provider announced a non-binding letter of intent with Atlanta-based financial services company to purchase the stock of Atlas’ indirect subsidiary Gateway Insurance Company and Gateway’s corporate...

Business

Nationwide partners with Azuga and Zubie

By Avi Ben-Hutta ·

As part of the program, human service organizations will be able to track fleet vehicles in real time, find the closest driver to respond to client needs, monitor vehicle health and receive notifications of engine or battery issues, measure mileage and vehicle utilization, monitor driver performance, including hard braking, speeding or rapid acceleration, and verify arrival and departure from client sites.

Business

Coalition acquires BinaryEdge as part of its “secret master plan”

By Isaac Ben-Hutta ·

San Francisco-based risk management and cyber risk startup announced the acquisition of , a Swiss startup established in 2015 that scans the entire public Internet space and creates real-time threat...

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Understanding insurance commission management

By Vertafore ·

Klarity and Munich Re Life US Analyze Third-Party and Wearable Data to Uncover Mortality Risk Insights

By Daisy Okas ·

Insurance 101: The Insurance Distribution Channel Overview

By AgentSync, AgentSync ·

AmerAdjust Leverages Agentech’s Digital Claims Co-workers

By Robin Roberson, Agentech ·

Introducing Kyber's PCMS Integration: Your Key to Simplified Claims Communication

By Arvind Sontha, Kyber ·

Future Family Launches the First Nationwide IVF Insurance: Baby or Your Money Back

By Margaret Cornejo ·

Transform Your Templates Into Comprehensive Claim Notices With Kyber's Parameter Auto-Population

By Arvind Sontha, Kyber ·

2025 Insurance Carrier Appointment Renewals for Individual Producers

By AgentSync, AgentSync ·

5 ways a professional conference boosts your insurance career

By Vertafore ·

Sure launches Sure Verify™ to transform insurance coverage verification for property management industry

By Sure, Inc. ·

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