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Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Protect My Let partnered with Addept Insurance Services Addept Insurance Services partnered with Salvation Army General Insurance Ageas UK partnered with Wrisk 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 AIG picks Poetic in Underwriting Elpha Secure picks Ketch in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M Chubb raised $574.2M

Cleerly Mortgages selects Acre as CRM platform

By Shefi Ben-Hutta

Acre, which was acquired by ClearScore, has raised $14.6 million from investors including Aviva Ventures, Founders Factory, McPike Global Family Office, and Sesame Bankhall Group.

Business

APOLLO Insurance launches rent credit reporting, powered by Zenbase

By Gabriella Ben-Hutta ·

APOLLO Insurance customers can now access Zenbase’s CreditBuilder solution, allowing them to use their existing rent payments to build their credit.

Business

PracticeProtection expands to New Mexico and Oregon

By Gabriella Ben-Hutta ·

PracticeProtection is a provider of professional liability insurance solutions for medical and dental professionals.

Business

Cavendish Online partners with Aveni

By Gabriella Ben-Hutta ·

Aveni is a developer of an AI-based financial platform designed to automate tasks and improve compliance.

Investments

Tuned raises $3.2 mllion

By Avi Ben-Hutta ·

Tuned allows companies to customize a hearing benefit that provides employees with holistic hearing health care.

Business

AXA XL rolls out XL Plus

By Coverager ·

AXA XL's Mid-Market team is actively building out AXA XL's targeted mid-market client offering in the US.

Innovation

FWD Group extends relationship with Microsoft

By Coverager ·

FWD Group embarked on its AI journey in 2019.

Business

Mike Heaton named Chief Operating Officer of Markel Group

By Coverager ·

Heaton was most recently Executive Vice President.

Technology

Symetra introduces supplemental health claims integration with Nayya

By Coverager ·

Symetra offers group life, disability, absence management and stop loss insurance coverage.

Technology

Horace Mann launches new digital experience for educators to find insurance

By Gabriella Ben-Hutta ·

The platform simplifies the process of getting quotes, locating agents, and discovering a broad spectrum of products and additional benefits.

Financials

GEICO ends 2023 with a profit

By Avi Ben-Hutta ·

The insurer ended the year with a $3.6 billion pre-tax underwriting gain.

Technology

BMS partners with Artificial Labs

By Gabriella Ben-Hutta ·

The digital contract-building platform will be initially rolled to several business lines this month.

Innovation

Chamath’s insurtech MGA business is winding down

By Shefi Ben-Hutta ·

OTT Risk set out to offer business interruption coverage.

Business

Point32Health acquires Health New England

By Gabriella Ben-Hutta ·

Health New England offers a range of plans in the commercial, Medicaid and Medicare markets and serves approximately 180,000 members concentrated in Western Massachusetts.

Strategy

WTW launches new primary cyber and tech E&O facility with increased limits for international clients

By Coverager ·

It provides cyber incident response costs including legal advice, IT forensics, data and cyber restoration as well as crisis communication costs and business interruption cover.

Business

Liberty Mutual appoints Shaun Guinan as general manager, major accounts property, GRS

By Coverager ·

Guinan joined Liberty Mutual in 2020 to lead GRS’ Northeast property division after holding various leadership roles at Travelers. He is a graduate of Penn State University.

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