Acquired Archives

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Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance Liberty Mutual picks ICEYE in Claims 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 Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M 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.

Business

AmTrust International appoints Tony Scott as head of claims

By Coverager ·

Scott joins from Geo Underwriting.

Product

American Integrity launches commercial residential property program

By Coverager ·

This marks American Integrity’s first commercial lines product since going public earlier this year.

Business

JAB Insurance appoints new CEO for Prosperity Life Group

By Coverager ·

JAB Insurance has named Michael Ferik as CEO.

Business

Renaissance acquires IAN

By Coverager ·

IAN includes more than 70 member agencies representing $400 million in premium.

Business

Allianz UK appoints head of AI

By Coverager ·

Mansoor joined Allianz in May 2023 as a Data Science Manager.

Investments

Portage backs Xceedance

By Coverager ·

Portage says the partnership will help Xceedance scale its operations and accelerate innovation across the insurance value chain.

Business

King Risk Partners expands in Virginia

By Coverager ·

King Risk Partners is the 51st largest insurance brokerage in the US.

Business

Boston Mutual appoints regional sales director for the Carolinas

By Coverager ·

His appointment supports Boston Mutual Life’s effort to expand its regional presence and strengthen partnerships with brokers and enrollment partners.

Business

The Mutual Group appoints Tom Troy as CEO

By Coverager ·

Tom Troy succeeds David Charlton.

Member News

The ultimate guide to insurance agent portals

By Vertafore ·

From quoting to underwriting, learn how the right portal software transforms daily operations for your MGAs and wholesalers

Investments

Erie Strategic Ventures invests in Atomic and Feathery

By Coverager ·

The fund focuses on investing in the personal and commercial insurance value chain, as well as adjacencies that offer potential to deliver value to Erie, its agents and policyholders.

Business

Fairfax sells interest in Eurolife life insurance operations to Eurobank

By Coverager ·

Fairfax will maintain its 80% equity interest in the property and casualty insurance business operated by Eurolife.

Marketing

Marsh McLennan and its businesses will brand as Marsh

By Coverager ·

The company’s stock ticker symbol will become “MRSH” in January 2026.

Investments

Afori launches AI platform for brokers

By Coverager ·

It raised $4.6 million in pre-seed funding.

Investments

Resistant AI raises $25 million

By Gabriella Ben-Hutta ·

The round was led by DTCP, with participation from Experian, GV, and Notion Capital.

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Featured Jobs

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

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 ·

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