Acquired Archives

Coverager Data

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.

Investments

FINBOURNE raises £55 million

By Coverager ·

This investment will fund the next phase in FINBOURNE’s commercial development.

Business

John Hancock to offer discounted access to whole-body MRI scans

By Avi Ben-Hutta ·

Members will receive a $500 discount on Prenuvo's whole-body scans.

Member News

The Automation Advantage: Transforming the Future of Insurance

By Appian ·

Discover how insurers are innovating using AI and automation tools across claims, underwriting, risk assessments, and more.

Business

Loop goes through another round of layoffs

By Avi Ben-Hutta ·

The majority of the workforce was let go.

Financials

Rennova Health announces stock exchange agreements with struggling FOXO

By Shefi Ben-Hutta ·

In addition, FOXO secured a commitment for up to $2.5 million in financing.

Business

JLR invests ~£1 million to support UK police in tackling vehicle thefts

By Gabriella Ben-Hutta ·

The announcement reflects JLR’s multifaceted strategy to tackle vehicle thefts and the impact on insurance premiums for its clients.

Innovation

New York Life hires Alain Biem as chief data science officer

By Coverager ·

Biem held data science leadership positions at Wayfair, Opera Solutions, and IBM Corporation.

Business

Guardian and Pelago launch new partnership

By Coverager ·

The new offering will be available in July for new dental plans.

Business

Sonnet to discontinue auto insurance business in Alberta

By Coverager ·

Sonnet's home insurance business in Alberta will not be impacted by this change.

Business

The Mutual Group appoints Brett Humphrey as Chief Financial Officer

By Coverager ·

Humphrey held various senior positions during his nine-year tenure at American International Group in New York and Japan.

Investments

Amplify Life raises $20 million

By Avi Ben-Hutta ·

Amplify claims to have helped over 4k customers since launching.

Business

Nubank and Chubb reach 2 million active insurance policies in Brazil

By Avi Ben-Hutta ·

The first product launched by the companies was in December 2020.

Strategy

Funeral Directors Life names Monica Kroier as Market Center Manager

By Coverager ·

Monica has more than a decade of experience in the funeral profession.

Business

Inszone Insurance acquires Welcome Insurance Agency

By Gabriella Ben-Hutta ·

Welcome Insurance Agency is a provider of restaurant and commercial insurance for gas stations, restaurants, automotive shops, and religious institutions.

Product

Introducing Tiq CashSaver

By Coverager ·

Tiq CashSaver offers a practical and flexible savings solution.

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Featured Jobs

Vice President Independent Agent Operations and Strategy

Allstate

Go-To Market Manager, Ecosystem

USAA

General Manager - Product Strategy & Performance

Acuity Insurance

Senior Performance Marketing Specialist

Fortegra

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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