Acquired Archives

Coverager Data

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 AIG picks Poetic in Underwriting Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

Consumer fintech Current raises $80 million

By Shefi Ben-Hutta

Current also expanded its partnership with Cross River.

Business

Otonomo to acquire The Floow

By Avi Ben-Hutta ·

The Floow is a telematics provider.

Investments

Somatus raises $325 million

By Gabriella Ben-Hutta ·

To date, the company raised~$500 million.

Product

Howden launches Wildfire Excess Liability Lineslip

By Gabriella Ben-Hutta ·

It will allow contractors engaged in wildfire-exposed areas of operations, such as vegetation management and electrical work for utilities, to carry out vital preventative and repair work.

Strategy

TD to acquire First Horizon

By Coverager ·

First Horizon is headquartered in Memphis, Tennessee, with assets of $89 billion as of December 31, 2021.

Business

Smile partners with Migros Bank

By Gabriella Ben-Hutta ·

Customers who take out car insurance with Smile via the Migros Bank website will benefit from an 'attractive' cash-back payment, which will be credited directly to their Smile app.

Opinion

Grace Under Pressure

By Avi Ben-Hutta ·

Ernest Hemingway once said that courage is grace under pressure. The leaders of Lemonade, Root and other insurance startups can use some grace.

Marketing

Free £250 home excess coverage from GoCompare

By Coverager ·

To qualify for the free home excess coverage, customers will need to compare home insurance and buy through GoCompare.

Business

Carvana acquires ADESA for $2.2 billion

By Coverager ·

Adesa US is the second largest provider of wholesale vehicle auction solutions in the US.

Investments

FOXO to become publicly traded company

By Coverager ·

Products will be reinsured by SCOR.

Member News

Socotra chosen to power Aioi Nissay Dowa’s MOTER commercial fleet insurance program

By Socotra ·

Aioi Nissay Dowa is launching MOTER as an insurtech MGA in the U.S. and partnering with Socotra to rapidly develop its telematics-driven, usage-based insurance product Aioi Nissay Dowa Insurance and...

Business

Highmark Health launches diabetes management program

By Gabriella Ben-Hutta ·

The program is designed to give members simple, personalized, and proactive support to better manage the chronic condition, improve health outcomes and reduce costs.

Member News

Boost and BizDynamics, a cloud business unit of ValueMomentum, announce strategic collaboration

By OwlSurance Technologies, a business unit of ValueMomentum ·

BizDynamics, a cloud business unit of ValueMomentum, announced its partnership with Boost, an insurance infrastructure-as-a-service platform that enables businesses to offer white-labeled, embedded insurance.

Innovation

Bundelz – now inactive

By Shefi Ben-Hutta ·

Aside from its positioning of fairer, cheaper car insurance, a value-added service included a ‘find my car’ feature through the company's app.

Financials

Root’s Q4 2021 highlights

By Avi Ben-Hutta ·

A look at Root's Q4 2021 and full year results.

Business

MetLife partners with Aura

By Avi Ben-Hutta ·

Aura offers identity theft protection that comes with $1 million identity theft insurance.

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Member News

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 ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

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