Coverager® - Insurance News and Insights

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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

MassMutual Ventures announces $100 million second fund for Southeast Asia

By Shefi Ben-Hutta ·

(MMV) announced that it has launched a second fund of $100 million for Southeast Asia, bringing its total capital under management to $350 million across four funds – two USD...

Member News

Xceedance Acquires Activer Solutions

By Jennifer Overhulse ·

BOSTON, January 21, 2020 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced the acquisition of Activer Solutions. Located in Marlborough,...

Business

Michelin and HDI innovate to improve company fleet road safety

By Isaac Ben-Hutta ·

Michelin and HDI Global SE entered into a partnership to offer company vehicle fleets an innovative approach focusing on the prevention and reduction of road risk.

Strategy

By Miles, the insurance startup that knows its customers

By Shefi Ben-Hutta ·

London-based pay-by-mile car insurance provider announced it has become the first UK insurance startup to be directly authorized by the Financial Conduct Authority under Open Banking regulations. With this permission,...

Business

Marsh & McLennan Agency acquires Ironwood Insurance Services

By Shefi Ben-Hutta ·

Marsh & McLennan Agency, the middle market agency subsidiary of Marsh, has acquired Ironwood Insurance Services. Terms of the transaction were not disclosed. Founded in 2007 and based in Atlanta,...

Marketing

The insurer that loves to see you smile

By Shefi Ben-Hutta ·

Malakoff Médéric Humanis, a nonprofit, joint and mutual social protection group born from the merger of and Humanis3 in January 2019, has rebranded to Malakoff Humanis. This name change is...

Investments

MākuSafe raises $1.5 million

By Shefi Ben-Hutta ·

West Des Moines-based has successfully raised $1.5 million, which will help the company continue to expand its manufacturing process and grow its team. The raised $1.5 million comes mostly from...

Business

LexisNexis Risk Solutions to acquire ID Analytics

By Coverager ·

LexisNexis Risk Solutions, part of RELX, has announced it has entered into an agreement to acquire ID Analytics, a trusted provider of credit and fraud risk solutions for enterprises. Based...

Marketing

Legal & General partners with the Telegraph’s branded content division

By Shefi Ben-Hutta ·

Telegraph Spark (think: where Mad Men meet Math Men) has launched a one-year content partnership to showcase how Legal & General is responding both to business-wide challenges from customers and...

Strategy

Bright Health to acquire Brand New Day

By Isaac Ben-Hutta ·

Bright Health, a diversified consumer-focused healthcare company, announced it has signed an agreement to acquire California-based Brand New Day. The transaction is subject to regulatory approval and expected to close in...

Product

China Taiping targets the 207k millionaires living in Singapore

By Isaac Ben-Hutta ·

China Taiping Insurance (Singapore) has launched its first universal life plan, Infinite Universal, which is tailored to meet the evolving wealth management and protection needs of high net worth individuals...

Product

Slice powers Sompo Holdings’ travel product in Thailand

By Avi Ben-Hutta ·

and Sompo Holdings (Asia) have released an enhanced version of the travel insurance product, TravelJoy, in Thailand using social distribution through LINE LIFF Platform making on-demand trip protection services available...

Technology

EbixCash partners with Amadeus as it looks to become a one-stop shop for travel

By Isaac Ben-Hutta ·

EbixCash, a fully owned subsidiary of Ebix, Inc., an international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, announced a strategic travel technology...

Business

Papa partners with Priority Health

By Avi Ben-Hutta ·

The launch went live January 1, 2020 and it will be the only insurance plan in Michigan to cover services for seniors such as transportation, technology services and companionship to qualified members.

Innovation

Introducing RiskStream Labs

By Coverager ·

RiskStream Labs will serve as a resource for both member and nonmember organizations and will be dedicated to quickly vetting and advancing blockchain initiatives, specifically at the proof-of-concept phase.

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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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