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Florida Peninsula Insurance Company picks ZestyAI in Underwriting Securian Financial picks Empathy in Claims Talage partnered with Arch Insurance Company Baldwin Risk Partners picks ICEYE in Claims Mulberri partnered with Acronis Lloyds Banking Group partnered with Assurant Swisscom partnered with AXA Swisscom partnered with Zurich PCF Insurance raised $400M Faura raised $500K PeppercornAI raised $4.04M USAA picks Prefix in Risk Mitigation PURE Insurance picks LeakBot in Risk Mitigation Rainwalk Technology raised $4M Estaly raised $3.85M

Aon completes acquisition of NFP

By Avi Ben-Hutta

The acquisition of NFP expands Aon's presence in the large and fast-growing middle-market segment.

Business

Home insurance startup acquires insurance agency

By Avi Ben-Hutta ·

Last month, Porch disclosed that it sold its in-house insurance agency.

Strategy

Laura Cushing announced as Chief Human Resources Officer of Pacific Life

By Gabriella Ben-Hutta ·

Cushing most recently worked at Silicon Valley Bank and Loews Corporation.

Financials

PURE ends 2023 with 102.2% CR

By Avi Ben-Hutta ·

The company plans to launch in Canada before the end of this year.

Business

Assurant partners with Lloyds Banking Group

By Coverager ·

Assurant has partnered with Lloyds Banking Group to offer mobile and device trade-in services.

Innovation

Applied Underwriters sells Centauri Holdings

By Avi Ben-Hutta ·

Arbol offers a variety of solutions around parametric risk transfer and climate and weather insurance/reinsurance.

Financials

Ethos acquires Claims Eval

By Gabriella Ben-Hutta ·

This is Ethos’ tenth acquisition since 2019.

Business

Mulberri partners with Acronis

By Avi Ben-Hutta ·

Acronis customers can opt-in for Mulberri’s embedded cyber insurance directly through the Acronis platform.

Product

Modern Life launches instant quoting for permanent life insurance

By Gabriella Ben-Hutta ·

Advisors can instantly generate quote comparisons and illustrations for fixed and variable life insurance products.

Business

Kota partners with Vitality

By Coverager ·

Employers will be able to access Vitality's health offering and fully manage it through the Kota platform.

Member News

How to Renew Your Insurance License with a Criminal Background: Part 2 – Hawaii through Maryland

By AgentSync ·

For licensed insurance producers, a new criminal charge or conviction can impact your license at renewal and beyond. We’re going state-by-state to show you how.

Strategy

Integrity Marketing Group acquires Strachan Health Insurance Partners

By Gabriella Ben-Hutta ·

Financial details of the partnership were not disclosed.

Strategy

Inszone acquires James Kelly Insurance

By Coverager ·

With this acquisition, Inszone is expanding its presence in California.

Product

Platinum Specialty Underwriters partners with Everspan Group on new Excess Transportation Program

By Coverager ·

Platinum Excess Trucking focuses primarily on smaller to mid-size accounts, up to 150 units, with the ability to offer capacity for larger accounts within its underwriting guidelines.

Investments

Veesual raises $7.5 million

By Avi Ben-Hutta ·

AVP led the round.

Business

Omaha National acquires Sutter Insurance Company

By Coverager ·

Sutter Insurance Company is a California domiciled insurance carrier.

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