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Ageas partnered with Connells Group PetGPT partnered with Lemonade PetGPT partnered with Healthy Paws PetGPT partnered with Spot Pet Insurance PetGPT partnered with Fetch Pet Insurance Allianz Commercial picks Hyperexponential in Pricing Canal Insurance picks Kyber in Claims Way Specialty picks Origami Risk in Admin Obie picks Magiq in Claims Well Link Insurance Group raised $200M Alan raised $544.58M Taktile raised $110M Odie Pet Insurance picks Magiq in Admin Enstar Group raised $500M Mitigata raised $15M

Abacus' defamation suit against Coventry clears motion to dismiss

By Shefi Ben-Hutta

The case now turns on discovery.

Technology

Homesteaders integrates with TDAW

By Coverager ·

Funeral homes that use TDAW will be able to view Homesteaders policy details.

Investments

QBE Ventures invests in Converge

By Coverager ·

This aligns with Mitsui Sumitomo Insurance’s investment in Coalition.

Business

Apollo, Athene and Motive Ventures invest in ARS

By Coverager ·

ARS is lifetime income design and technology company.

Business

Five Bays Capital acquires Firezat

By Coverager ·

Firezat is a company specializing in wildfire structure protection.

Strategy

Ola Jacob joins Global Parametrics as London Market Business Development Director

By Coverager ·

He joins from Descartes Underwriting.

Financials

Clearcover Insurance Company reports 2024 results

By Avi Ben-Hutta ·

The carrier reported a net underwriting loss of $20 million for the year.

Business

bolt partners with C Spire

By Coverager ·

The package costs $21.99/mo.

Member News

Onboarding & compensation: What insurance agents need from carriers

By Vertafore ·

Independent agents reveal their frustrations with carriers on these topics

Business

HDI Global launches climate consulting

By Shefi Ben-Hutta ·

The service includes desktop assessments, on-site inspections, and climate risk advisory reports.

Innovation

Lemonade partners with ZestyAI

By Coverager ·

Lemonade has adopted the ZestyAI platform to further optimize underwriting for key catastrophe perils in the US.

Business

ServiceNow expands AI capabilities with $2.9 billion acquisition of Moveworks

By Coverager ·

The move enhances ServiceNow’s agentic AI capabilities.

Business

Gracie Point Holdings launches GP Affluent Markets

By Shefi Ben-Hutta ·

Backed by investments from Kuvare and Hudson Structured Capital Management.

Financials

Hannover Re reports strong 2024 financial results

By Coverager ·

Guidance for 2025 confirmed: Group net income of around EUR 2.4 billion.

Strategy

Fortitude Re strikes $3.4 billion reinsurance deal with Unum

By Coverager ·

Unum will continue to service and administer the reinsured policies.

Technology

FIS launches Treasury GPT

By Coverager ·

The tool was developed in collaboration with Microsoft Azure OpenAI Service.

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Member News

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 ·

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 ·

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