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Brotherhood Works partnered with Forte Hippo partnered with Accelerant Figo Pet Insurance partnered with Tractive Petsecure partnered with Pet Valu Western Financial Group partnered with Canadian Veterinary Medical Association Eye Security raised $68.55M Lincoln Financial Group raised $500M Allianz Commercial picks Hyperexponential in Pricing Canal Insurance picks Kyber in Claims Way Specialty picks Origami Risk in Admin Obie picks Magiq in Claims Alan raised $544.58M Taktile raised $110M Odie Pet Insurance picks Magiq in Admin Eden Care Medical raised $285.21K

Empower to buy Milliman's retirement admin business for $340 million

By Shefi Ben-Hutta

The two companies plan to work together by referring certain actuarial and defined benefit administration work to each other.

Business

Rocket Companies announces launch of IPO

By Gabriella Ben-Hutta ·

Detroit-based Rocket Companies announced plans to commence the roadshow for its proposed IPO.

Business

SoFi helps couples find their “Financially Ever After”

By Gabriella Ben-Hutta ·

“Talking about money is uncomfortable, so much so, many couples avoid it. But in these unprecedented times, it is imperative to have these difficult conversations around money. We want to bring our members the tools to start these conversations, and make sure they end them with plans for the future….together.” - Anthony Noto, CEO of SoFi.

Business

Stripe launches products to support platforms powering economic recovery

By Gabriella Ben-Hutta ·

Now, platforms powered by Stripe have access to an enhanced toolkit to help their own customers adapt to a fast-changing economic environment.

Member News

The critical role of insurance technology in the time of COVID-19

By Sure, Inc. ·

By Wayne Slavin, Co-Founder and CEO at Sure Business owners and individuals do their best to plan ahead for situations that may arise unexpectedly. Insurance plays a key role in...

Investments

Sun Life leads a $43 million round of financing in Dialogue

By Gabriella Ben-Hutta ·

The collaboration between Sun Life and Dialogue gives Canadians virtual access to medical care and connects them directly with a health care professional from anywhere in the country, at any time.

Investments

Covr raises $7.5 million

By Gabriella Ben-Hutta ·

Covr, started in 2016, remains focused on its mission of simplifying the life insurance sales process for financial institutions, financial advisors and their customers.

Business

Sharecare acquires AI company WhiteHatAI

By Coverager ·

Sharecare is a digital health company that helps people manage all their health in one place.

Business

BlackBerry to power autonomy systems in Canoo’s next generation electric vehicles

By Gabriella Ben-Hutta ·

and electric vehicle startup announced that the ADAS systems for the company’s membership-based semi-autonomous EVs will be powered by the BlackBerry QNX operating system (OS), including radar sensors, parking sensors...

Innovation

American Family Ventures backs Tire Agent

By Gabriella Ben-Hutta ·

This latest round brings the company's total funding to date to $5.9 million since its launch in 2017.

Business

Propel Insurance acquires HealthCare Services

By Coverager ·

The combined agency will generate in excess of $120 million of annual revenue in 2020 and will have 7 offices across the U.S.

Member News

IMS Extends Telematics SDK Partnership with Onlia

By Jennifer Overhulse ·

Waterloo, ON, Canada — July 28, 2020 – IMS (Insurance & Mobility Solutions), one of the world’s top three providers of connected car data solutions to insurers, mobility operators and...

Business

BBVA USA to open 15 new branches across its Texas footprint

By Gabriella Ben-Hutta ·

All branch bankers also have data-driven customer insights to provide personalized recommendations based on the customer’s transactional behavior and relationship.

Member News

SMB Insurance acquired by Kernan Insurance Agency

By Mike Chapman ·

Brick-and-mortar agency expands into online small commercial market with strategic acquisition COLUMBUS, Ohio, July 27, 2020 – SMB Insurance (smbinsurance.com), an online insurance agency focused on small commercial insurance, was...

Business

Virgin Money launches first time buyer app trial

By Gabriella Ben-Hutta ·

The four-week trial will see thousands of customers invited to download the interactive tool which simplifies the home-buying process.

Business

Fintech startup Current surpasses 1 million members

By Gabriella Ben-Hutta ·

Current saw its highest months of growth in April and May, adding over 100,000 new members each month, as demand for mobile banking with faster access to funds increased during a time of both heightened importance and uncertainty for many workers now deemed essential.

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Member News

Vertafore’s latest AI innovations help agencies accelerate carrier statement reconciliation and turn Outlook activity into structured workflows

By Vertafore ·

Claims AI ROI Should Be a Scale Test, Not a Spreadsheet

By Yo Sub Kwon, Voltaire ·

Fuse Launches Tape: a Free, Live Market-Intelligence Surface for the Public P&C Insurance Complex

By Sean Bourgeois, Fuse ·

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 ·

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