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Brotherhood Works partnered with Forte Western Financial Group partnered with Canadian Veterinary Medical Association Western Financial Group partnered with l'Association des Médecins Vétérinaires du Québec Eye Security raised $68.55M Ageas partnered with Connells Group PetGPT partnered with Lemonade 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 Enstar Group raised $500M

Brotherhood Works partners with Forte to offer mental fitness training for ministry leaders

By Coverager

Brotherhood Mutual serves over 67,000 churches, schools, colleges, universities, camps, and mission organizations in 47 states and Washington, D.C.

Technology

Vericred launches health insurance card scanning API

By Coverager ·

This solution helps solve one of the toughest health insurance problems: most members don’t know their health insurance network.

Technology

The Floow launches FloowTag to make telematics cheaper

By Shefi Ben-Hutta ·

While the FloowDrive app identifies the driver, FloowTag identifies the vehicle and makes the association between a driver and multiple vehicles possible.

Technology

Pacific Life Licenses FAST Software

By Avi Ben-Hutta ·

Pacific Life will use FAST software to augment data workflows, improve its policy administration, and enhance its distribution management for its Life Insurance and Retirement Solutions divisions.

Investments

Covered by SAGE raises $6 million

By Avi Ben-Hutta ·

Established in 2018, the Atlanta-based team of ~51 is led by Rashik Adhikari.

Business

Zoom selects Oracle as a cloud infrastructure provider for Its core online meeting service

By Isaac Ben-Hutta ·

Zoom selected Oracle Cloud Infrastructure for its advantages in performance, scalability, reliability and superior cloud security.

Innovation

Introducing honest insurance for dogs and cats

By Shefi Ben-Hutta ·

The Doggo standard plan pays 80% of the cost of covered claims, up to an annual limit of $10,000.

Member News

UNIQA Insurance Group AG Recognized As Model Insurer By Celent For Successful Implementation of FRISS Fraud Detection Software

By Ruud van Gerwen ·

Celent, the global financial services research and advisory firm, has recognized UNIQA Insurance Group AG with the Model Insurer Award in the Data, Analytics and AI category. UNIQA receives the award after implementing FRISS’ fraud...

Investments

Particle Health raises $12 million Series A led by Menlo Ventures

By Avi Ben-Hutta ·

Over 1.4 million record transactions have already been completed using Particle Health's API by top tier telemedicine, pharmacy and virtual health companies.

Innovation

Coverbaloo is officially live

By Shefi Ben-Hutta ·

It currently offers home insurance underwritten by RSA and home emergency insurance underwritten by Ageas Insurance.

Business

Liberty Mutual announces estimated first quarter 2020 impact from COVID-19

By Coverager ·

The company expects that net investment income will be dampened in the coming quarters by lower valuations on its private equity investments.

Business

OneDegree launches first pure medical pet insurance in Hong Kong

By Isaac Ben-Hutta ·

Pet owners in Hong Kong can now purchase medical plans for their pets directly on the OneDegree website and immerse in brand-new insurance experience.

Investments

MassMutual Ventures Southeast Asia backs insurance startup Qoala

By Shefi Ben-Hutta ·

This round brings the company's total funding to $16.5 million.

Business

Aon to cut salaries of most employees

By Avi Ben-Hutta ·

In the memo, Case states that no one at Aon is going to lose their job because of the COVID-19 outbreak.

Business

BBVA partners with Allianz

By Avi Ben-Hutta ·

The agreement, which is subject to the approval of regulatory authorities, is expected to generate a net profit of €300 million.

Business

Shine partners with Hokodo

By Avi Ben-Hutta ·

Shine serves over 50,000 freelancers and entrepreneurs who use the service to send and receive money, create invoices, and stay on top of administrative tasks.

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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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