Acquired Archives

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Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Financials

Lennar further reduces Hippo stake

By Coverager ·

Lennar disclosed an 8.6% ownership stake, down from about 9.9% a few months ago.

Strategy

By Miles winds down

By Coverager ·

Aviva is refocusing on its core brands—Aviva, Direct Line, and Churchill—so By Miles will be phased out.

Product

CIG increases homeowners capacity in Paradise

By Coverager ·

Seven years later, insuring these homes represents a meaningful milestone for both the community and CIG.

Innovation

Introducing Otto

By Shefi Ben-Hutta ·

Otto is currently in early stages and seeking independent agencies and commercial producers willing to test the platform and provide feedback.

Strategy

The Baldwin Group and CAC Group to merge

By Coverager ·

The deal includes a total upfront consideration of ~$1 billion.

Business

HDVI appoints Adam Barnett as CEO

By Coverager ·

Barnett succeeds Reid Spitz.

Business

Lula Technologies settles federal employment lawsuit following mediation

By Shefi Ben-Hutta ·

The financial terms of the settlement remain confidential.

Investments

Summit raises $7.5 million

By Coverager ·

The company claims that it has over 10k customers.

Innovation

OpenAI opens $2 million research program focused on AI and mental health

By Gabriella Ben-Hutta ·

Applications are open through December 19, 2025, with selected proposals announced by January 15, 2026.

Business

Arch adds three senior underwriters across fleet and motor trade

By Coverager ·

Arch said the additions strengthen its motor capabilities and support its regional growth strategy.

Strategy

Breeze partners with Unique Forwarding

By Coverager ·

The partnership reflects Breeze’s broader push to bring structure, consistency, and automation to freight-forwarder insurance programs.

Strategy

Asurion to acquire Domestic & General

By Coverager ·

According to a report by Bloomberg, the deal values the UK warranty business at $2.74 billion.

Business

Wysh partners with Beem

By Coverager ·

The companies are embedding life insurance into Beem's subscription tiers.

Financials

Hippo officer files to sell shares

By Coverager ·

Ostergaard, CEO of Spinnaker, reported no other sales in the past three months.

Business

Compare Pet case wrapped after Chapter 11 filing

By Coverager ·

On November 19, 2025, both sides filed a stipulation discontinuing the lawsuit with prejudice and without costs.

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Member News

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

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