Acquired Archives

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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

RGA executes reinsurance transaction with Baloise in Belgium

By Coverager ·

The underlying portfolio consists of approximately 57,000 individual life insurance policies.

Business

Hadron Specialty enters the UK market

By Avi Ben-Hutta ·

Folgate was established in 1877 and was placed into run-off in 2002.

Innovation

QBE NA launches QBE Possibilities Fund

By Coverager ·

This approach underscores QBE's dedication to supporting climate solutions and contributing to the growth stages of emerging climate technologies.

Investments

Roofer.com raises $7.5 million

By Coverager ·

The company focuses on re-roofing residential homes for consumers.

Investments

Engagement banking platform ATTUNE raises $2.2 million

By Coverager ·

Matic Insurance is in the mix.

Product

Vouch introduces AI Insurance

By Coverager ·

AI Insurance is a safety net for AI startups.

Technology

Kore.ai raises $150 million

By Coverager ·

Kore.ai offers an enterprise conversational and generative AI platform.

Investments

Speedinvest closes fourth fund

By Avi Ben-Hutta ·

Some of the LPs that have backed the fund include Aviva, Generali, and Abeille Assurances Ventures.

Business

Assurant launches commercial truck F&I professionals class

By Gabriella Ben-Hutta ·

This new course addresses the specific skills needed to optimize every type of transaction in commercial truck sales.

Investments

Benepass raises $20 million

By Avi Ben-Hutta ·

The NY-based startup offers a different approach to employee benefits.

Business

Etiqa Insurance Singapore introduces pet insurance offering

By Avi Ben-Hutta ·

The number of pets in Singapore is increasing.

Business

AXA XL adds Michelle Chia as cyber chief underwriting officer

By Coverager ·

Chia will oversee AXA XL's cyber business growth strategy in the Americas.

Strategy

Cigna to sell its Medicare businesses

By Avi Ben-Hutta ·

The company reached a deal with HCSC.

Investments

Indemn raises $1.9 million

By Avi Ben-Hutta ·

Indemn's platform uses artificial intelligence to simplify insurance discussions and purchasing.

Business

Tractive introduces pet insurance offering

By Avi Ben-Hutta ·

Tractive is a developer of GPS tracking devices for pets.

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