Acquired Archives

Coverager Data

Cinch Home Services partnered with Progressive NFP partnered with Suntex Marinas IAG picks Sonder in Claims Petshop Science partnered with OUTsurance Merit Financial Advisors partnered with Prizm Insurance BMO Insurance partnered with GreenShield Tugboat raised $3M Pints AI raised $5.6M BMO Insurance picks Walnut Insurance in Sales Farm Bureau Mutual Insurance Company of Idaho picks LenderDock in Admin Descartes Underwriting picks NextPower in Risk Mitigation Liberty Mutual picks ICEYE in Claims Ameriprise Financial raised $750M Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M

Mobilitas launches Mobilitas IQ

By Coverager

The launch strengthens Mobilitas' offerings.

Scottish Widows appoints Paul McNamara as non-executive director

By Coverager ·

Scottish Widows has announced that Paul McNamara will join its Board as a non-executive director in September 2024.

Innovation

QBE North America increases support for Blue Forest

By Coverager ·

Blue Forest is a nonprofit focused on forest and watershed conservation to prevent severe wildfires.

Strategy

Vaisala to buy Speedwell Climate

By Coverager ·

The deal, expected to close in Q4 2024, will add 24 Speedwell Climate employees to Vaisala, pending regulatory approval.

Strategy

Tokio Marine Kiln establishes Specialty Reinsurance division

By Coverager ·

The new division will be led by Phil Taylor.

Investments

Optalitix raises $3 million

By Coverager ·

Optalitix has customers in the UK and internationally.

Strategy

Ripe announces Alan Thomas as new CEO

By Gabriella Ben-Hutta ·

In 2022, private investment firm Aquiline Capital Partners LP acquired a majority stake in the company.

Business

Grange Insurance names Cheryl McRae Lebens CFO

By Gabriella Ben-Hutta ·

With Grange for 12 years, Lebens has served in several leadership roles within the organization.

Business

Voya Financial to acquire OneAmerica Financial’s retirement plan business

By Coverager ·

The transaction is expected to close on Jan. 1, 2025, subject to customary closing conditions, including regulatory approvals.

Business

WTW partners with Kayna

By Avi Ben-Hutta ·

The partnership has been developed to enable delivery of WTW insurance solutions to SME clients in the UK and US through vertical SaaS platforms.

Investments

Cinven acquires 50% stake in Policy Expert

By Avi Ben-Hutta ·

Policy Expert plans to offer pet insurance this year.

Investments

Neat raises €50 million

By Shefi Ben-Hutta ·

Neat is an embedded insurance player from France.

Product

Markel introduces FintechRisk+ insurance policy for fintech sector

By Coverager ·

Risks in the cyber and fintech markets have evolved rapidly since the inception of Markel's original Fintech policy eight years ago.

Business

EverPeak Insurance launches in Arizona

By Coverager ·

The company is now available in 12 states.

Investments

SafetyCulture raises $110 million

By Gabriella Ben-Hutta ·

When it comes to insurance, the company's insurance subsidiary is partnered with Employers.

Investments

All Hands AI raises $5 million

By Gabriella Ben-Hutta ·

The AI software developer is focused on creating model-agnostic, open-source AI agents.

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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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