Acquired Archives

Coverager Data

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.

Business

AM Specialty acquires Pinpoint Insurance

By Coverager ·

Brad J. Sickinger will continue to lead the company.

Business

State National appoints Terry Muhia as Executive Vice President

By Gabriella Ben-Hutta ·

Reporting directly to President and CEO Matthew Freeman, she will focus on delivering service to State National’s business partners, helping them mitigate portfolio risk as they navigate the challenges of today’s technological and economic environment.

Business

Guy Carpenter launches Capital & Advisory Group

By Gabriella Ben-Hutta ·

The business also announced the appointment of Alexander Schnieders as global head of Capital & Advisory.

Business

Gore Mutual partners with Wildfire Defense Systems

By Gabriella Ben-Hutta ·

Wildfire Defense Systems is the largest provider in North America of Qualified Insurance Resource wildfire loss intervention services.

Product

Insurtech Lemonade partners with Homesite

By Shefi Ben-Hutta ·

Homesite isn't Lemonade's only carrier partner.

Strategy

Matt Spackman joins EMC as SVP – Chief Human Resources Officer

By Coverager ·

He replaces Teresa Miller in the role, who is retiring this summer.

Business

Liberty Mutual to acquire JMalucelli Travelers Seguros S.A.

By Coverager ·

JMTRV has served the Colombian surety market since 2012.

Strategy

Intuit to acquire technology from Zendrive

By Avi Ben-Hutta ·

Intuit expects to close the transaction in Q4 FY24. Terms of the deal weren't disclosed.

Innovation

Boehringer Ingelheim and Trupanion announce exclusive collaboration

By Coverager ·

The companies will leverage their collective expertise and data to derive insights which will enable the early detection of risk factors for common conditions affecting pets.

Investments

Sidekick raises £8.5 million

By Avi Ben-Hutta ·

MS&AD ventures participated in the round.

Technology

FNF names Jason Nadeau as Chief Artificial Intelligence Officer

By Gabriella Ben-Hutta ·

Nadeau joined FNF in 2018.

Financials

Hagerty commences warrant exchange offer and consent solicitation

By Coverager ·

This move aims to simplify Hagerty's capital structure and reduce the potential dilutive impact of the warrants.

Business

R&Q may file for provisional liquidation

By Coverager ·

R&Q issued a press release that provides an update on the proposed sale.

Member News

Vertafore’s Project Impact aims to deliver up to two hours of time savings per day for servicers at independent insurance agencies

By Vertafore ·

InsurTech leader invests in initiative to simplify workflows and drive efficiency for account managers at the heart of agency operations

Technology

Microsoft to retire GPT Builder feature

By Shefi Ben-Hutta ·

Microsoft is shifting its focus on GPTs to Commercial and Enterprise scenarios.

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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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