Coverager® - Insurance News and Insights

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AgriRisk raised $34.8K Foxquilt partnered with Smarter Loans Goodcover partnered with Knight Insurance Group Steadily partnered with Foremost Steadily partnered with American Modern Superscript raised $11.06M Assurely raised $2.95M Steadily raised $3.8M National Express Group partnered with Cover Genius The Hartford uses AI / Machine Learning in Claims Raylo raised $13.01M DONAU Versicherung AG uses Blockchain in Sales MAPFRE uses AI / Machine Learning in Claims Cathay Life Insurance uses AI / Machine Learning in Underwriting Southern Farm Bureau uses Telematics in Sales

The Uber of Insurance - Friday Feeling

By Shefi Ben-Hutta

In essence, insurance is a substantial part of Lyft's business. Since October 2015, Lyft has been reinsuring substantially all of its auto-related risks in the US using its insurance subsidiary Pacific Valley Insurance that's managed by Marsh Management Services.

Business

NerdWallet acquires Fundera

By Coverager ·

NerdWallet Continues Expansion With Its Second Acquisition of 2020.

Strategy

Foxquilt partners with Smarter Loans

By Coverager ·

Foxquilt and Smarter Loans are connecting Canadians online to business and home insurance that can be tailored to their specific needs with exclusive savings on their rates - up to 35%.

Business

NFP acquires Insurance Specialty Group

By Coverager ·

Acquisition expands NFP’s P&C footprint in Southeast.

Investments

Human API raises $20 million in Series C

By Coverager ·

Human API’s platform gives consumers a streamlined means of accessing and sharing their health records as it connects, manages, and shares data from electronic health records, pharmacies, labs, wearables, and fitness apps.

Business

SCOR to offer WGA’s Cancer Guardian to life insurance policyholders

By Coverager ·

Cancer Guardian™ was developed by WGA along with industry experts to provide specialized services not typically made available or covered by health insurance.

Strategy

Chewy launches telehealth service for pets

By Coverager ·

The vets are not diagnosing medical conditions, providing treatment, or prescribing medications.

Investments

Tenzing invests in IT solutions provider VIPR

By Shefi Ben-Hutta ·

VIPR will continue to serve the Lloyd’s market, where its product.

Business

Aflac acquires 9% stake in Trupanion

By Coverager ·

Under the alliance agreement, Aflac will provide access to agent, broker and direct to consumer platform distribution and assistance in worksite product design, marketing and enrollment support.

Business

Q&A with B2Z’s Kuldeep Malik and Stephanie N. Blahut

By Avi Ben-Hutta ·

B2Z Insurance is a new, digital-first small business insurance company that is looking to provide an Amazon-like customer experience. We had the chance to ask Kuldeep Malik (CEO & Founder)...

Investments

Goodcover raises $7.5 million Series A

By Coverager ·

Launched earlier this year, the company's product is currently available in California with plans to expand its insurance offerings and enter into new markets.

Product

EQ One adds capacity through new relationship with Munich Re Specialty Insurance

By Coverager ·

West Coast earthquake insurance underwriter broadens its coverage solution for brokers nationwide.

Member News

Driving Growth in Life Insurance: Technology Alone Won’t Solve Your Business Problems

By Deborah Polydys ·

As Millennials are getting into their 30s and the average life insurance customer is becoming more and more tech-savvy, insurance companies are forced to invest heavily in digital transformation and...

Investments

Assurant acquires mobile device trade-in provider HYLA Mobile

By Gabriella Ben-Hutta ·

The acquisition will strengthen Assurant’s trade-in and upgrade programs by doubling device processing volumes while adding device diversity, talent, patented technology and capabilities.

Strategy

AXIS Insurance and Kennedys Law launch new marine cyber insurance product

By Gabriella Ben-Hutta ·

This new product will provide insurance cover for the marine shipping market to protect against cyber exposures on board vessels and onshore in shipping company offices.

Investments

Allianz and Telefonica to deploy fiber in Germany through an open wholesale company

By Gabriella Ben-Hutta ·

Following closing, Allianz Group and Telefónica Group will each hold 50 percent in the joint venture company under a co-control governance model.

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Member News

MS&AD to use Tractable’s AI across Japan to accelerate recovery from auto accidents

By Guillermo Murga, Tractable AI ·

Grupo Ageas Portugal selects FRISS to prevent and protect their customers from fraud

By Ruud van Gerwen, FRISS ·

A commercial insurance executive’s perspective on the COVID-19 journey

By Omri Yacubovich, Planck ·

Cytora blazes the trail for the workplace of the future in permanent move to remote-first

By Holly Hunter, Cytora ·

Holmes Murphy targets small commercial business with Talage’s Wheelhouse

By Matt Donovan, Talage ·

5 Myths About Gig Workers Debunked

By Emily Smith, Cake & Arrow ·

SE2 Named a Dominant Provider in Novarica’s Market Navigator Report for Life and Annuity BPO-BPaaS

By SE2, SE2 ·

Convr Launches Convr Insider, Complimentary Underwriting Tool for Commercial P&C Carriers

By Convr, Convr ·

Car sharing on the rise in UK: Minimise the ‘journey of the germ’ with these tips

By Alan Inskip, Tempcover ·

Coronavirus, where are we now? Insights from FRISS

By Ruud van Gerwen, FRISS ·

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