Coverager® - Insurance News and Insights

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Way Specialty picks Origami Risk in Admin Mayflower Specialty partnered with Hadron Insurance Obie picks Magiq in Claims Well Link Insurance Group raised $200M Alan raised $453.82M Taktile raised $110M Odie Pet Insurance picks Magiq in Admin Adopt-a-Pet.com partnered with Lemonade ARAG partnered with LifeCloud Symetra partnered with PlanSource Vivere Partners partnered with Munich Re Mitigata raised $15M Enstar Group raised $500M Portage Mutual picks Akur8 in Pricing Aon uses Artificial Intelligence in Underwriting

Mitigata raises $15 million

By Gabriella Ben-Hutta

Indian cyber-insurance broker has raised $15 million in a Series B funding round led by Bessemer Venture Partners.

Business

Hamilton announces executive appointments

By Coverager ·

Both appointments are subject to requisite regulatory approvals.

Member News

Entering a new age of insurance loss control

By Vertafore ·

How technology and a proactive approach are yielding innovative risk management for carriers and policyholders alike.

Member News

Tariffs and P&C Insurance: Potential Impacts and Innovative Solutions for Continued Profitability

By AgentSync ·

Economists predict tariff-based price increases will lead to higher claims payouts for P&C carriers in the short term and ultimately increase premiums for homeowners.

Investments

Pano AI raises $44 million

By Shefi Ben-Hutta ·

Pano offers AI-powered wildfire detection and situational awareness platform.

Investments

Autonomize AI raises $28 million

By Gabriella Ben-Hutta ·

Autonomize AI builds AI agents and copilots that help healthcare organizations manage unstructured data.

Member News

Delegation of Authority Software for Audit-Ready Governance and Signatory Risk Compliance

By Robin Roberson ·

Deloitte reports that 84% of executives cite gaps in managing risk tied to authority and controls. McKinsey has found that 60% of financial processes remain manual, leaving room for error and exposure.

Product

Florida Regulators to hold public hearing on TRUE’s proposed 31.5% rate hike

By Shefi Ben-Hutta ·

TRUE is a Florida-domiciled reciprocal insurer offering homeowners insurance in Florida and Texas with plans to launch in Georgia.

Investments

Zorro raises $20 million

By Gabriella Ben-Hutta ·

Employee benefits company Zorro has secured $20 million in a Series A round led by Entrée Capital.

Business

Tokio Marine Highland launches new flood solution

By Coverager ·

TMH₂O offers agents a solution that embeds additional benefits and coverages not traditionally found in a National Flood Insurance Program or private flood insurance product.

Business

Simply Business and RLI expand partnership

By Coverager ·

This PL offering includes coverage for a wide range of businesses.

Investments

ALKEME announces strategic investment

By Coverager ·

ALKEME was founded in 2020 through the consolidation of several brokerages in Southern California.

Business

Lockton surpasses $4 billion in FY2025 revenue

By Coverager ·

Global revenue grew 13% to $4 billion.

Technology

Marsh launches $1 billion Nimbus facility for UK and Europe data centers

By Coverager ·

The facility is supported by a panel of insurers from Lloyd’s and company markets in London and Europe.

Member News

Quility Celebrates the Agents and Insurtech Behind One Million Families Protected

By Quility Insurance ·

Industry leading insurance technology company, Quility, has now helped one million families find the life insurance coverage they need. This accomplishment comes on the heels of the company’s “InsurTech of...

Business

Munich Re Specialty launches life science liability coverage

By Coverager ·

The MRS-NA life science team will work with wholesalers and retailers.

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Featured Jobs

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Member News

Dearborn Labs Launches “Context Window” Podcast Exploring the Real Stories Behind AI Adoption in Insurance

By Alec Martins, Clearcover ·

Canal Insurance Selects Kyber to Enable Claims Modernization and Equip Its Teams for the Road Ahead

By Kyber, Kyber ·

Canopy Connect Reaches 10 Million Shared Insurance Policies as Demand for Verified Insurance Data Grows

By Insurance Verification, Canopy Connect, Inc. ·

Checklist: 6 Ways to Automate for Smarter Insurance Operations this Summer

By Evy Strom, ePayPolicy ·

A major global broker in Australia moves commercial broker placement to API-first negotiation infrastructure

By InsureMO, InsureMO ·

5 Strategic Tradeoffs MGAs are Navigating

By Vertafore ·

Fuse Launches Hospitality Vertical, Bringing Real-Time, Synthesized Market Intelligence to One of Commercial Insurance’s Most Dynamic Classes

By Sean Bourgeois, Fuse ·

Florida Fixed the Litigation Incentives. Here's How Voltaire Has Been Helping.

By Yo Sub Kwon, Voltaire ·

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

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