Coverager® - Insurance News and Insights

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Lemonade picks Cambridge Mobile Telematics in Risk Mitigation RGA partnered with Equitable 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 Rygen Technologies partnered with Loadsure MyTrucksure.com partnered with AndDone Specialty Risk Re raised $50M AmerAdjust picks Agentech in Claims Azos raised $29.88M RenaissanceRe raised $500M

GEICO ends 2024 with $7.8 billion profit

By Avi Ben-Hutta

GEICO had 28,247 employees at the end of 2024.

Business

Skyward Specialty achieves “A” (Excellent) rating upgrade by AM Best

By Gabriella Ben-Hutta ·

Skyward Specialty is a specialty insurance company based in Texas.

Strategy

One Inc names Michael Ellis as CFO

By Gabriella Ben-Hutta ·

Ellis served as CFO at Flywire, a global payment solutions provider.

Financials

Jackson reports Q2’24 performance

By Coverager ·

Jackson's net income attributable to common shareholders decreased to $264 million.

Business

abrdn appoints Verona Kenny to new Chief Distribution Officer role

By Gabriella Ben-Hutta ·

A senior leader in the platform industry over many years, she will join abrdn in Q4 having most recently worked as Managing Director, Intermediary at 7IM.

Business

Nassau Financial Group launches Nassau Bonus Annuity Plus

By Gabriella Ben-Hutta ·

Nassau Bonus Annuity Plus is a single premium accumulation-focused fixed indexed annuity that helps increase retirement savings with an up-front premium bonus.

Business

iPipeline Appoints Steve Cover as CTO to Advance Technological Vision and Strategy

By Gabriella Ben-Hutta ·

Cover brings more than 30 years of knowledge and experience of leading high-performing technology teams, and developing technological solutions that both deliver on and advance business strategy.

Business

AIA Australia launches new member insurance portal

By Gabriella Ben-Hutta ·

One of the key features of the new portal is the ability for members to receive real-time updates on the status of their claims.

Business

Cowbell partners with Acturis

By Gabriella Ben-Hutta ·

Cowbell Prime One is now available on the Acturis platform.

Product

One80 Intermediaries now offers non-trucking liability coverage

By Gabriella Ben-Hutta ·

Coverage is tailored specifically for Independent Service Providers and Independent Contractors.

Business

Stillwater Insurance partners with Simplifai

By Gabriella Ben-Hutta ·

Stillwater Insurance will leverage Simplifai’s Claims Intake Solution to streamline their intake of claims-related emails and attachments.

Product

Optifino partners with Ryan

By Gabriella Ben-Hutta ·

This collaboration allows Ryan clients to leverage Optifino’s technology.

Product

Teachers Life introduces SmartLife product lineup and issuance platform

By Gabriella Ben-Hutta ·

The SmartLife product lineup and instant issuance solution provides distribution partners with a suite of simplified renewable and non-renewable term life coverage offered in 10, 15, 20, 25, and 100-year terms with up to $1M in coverage.

Innovation

Rivian partners with Progressive

By Shefi Ben-Hutta ·

Rivian's commercial van products are primarily focused on the US, but the company has also made some deliveries in Europe, specifically in Germany.

Technology

Landmark Admin notifies clients of data breach

By Shefi Ben-Hutta ·

Landmark Admin is featured in our upcoming report on life and annuity MGAs.

Strategy

The Hanover enhances workers’ compensation claim services

By Coverager ·

The enhanced workers' compensation claims program leverages data and predictive analytics to help better understand the person as a whole and how The Hanover can best support recovery.

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Acuity Insurance

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. ·

L+M Development Partners Selects Five Sigma for Self-Insured Claims Management

By Oded Barak, Five Sigma ·

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