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

Foyer integrates Tractable's AI into car claims process

By Coverager

The goal is to settle straightforward claims faster.

Business

Phil Amlot appointed Head of Trade Credit, International

By Gabriella Ben-Hutta ·

Amlot will be responsible for developing and leading Markel International's long-term strategy, profitable growth and team development.

Business

Howden launches in Fiji

By Shefi Ben-Hutta ·

The Fiji office will offer a full range of insurance and risk management services through a local team backed by Howden’s global network.

Innovation

New MGA targets personal guarantee risk for small business buyers

By Gabriella Ben-Hutta ·

The MGA received its license yesterday.

Technology

AGMI selects Duck Creek to modernize payments

By Shefi Ben-Hutta ·

AGMI writes commercial auto coverage across multiple states.

Innovation

Kalepa partners with James River

By Coverager ·

James River plans to deploy Kalepa’s solution to augment underwriting decisions.

Business

The Hartford files trademark for Integrated Employee Protection

By Coverager ·

The mark is intended to cover business administration and consulting services related to employee leave management for employers.

Strategy

SelectQuote launches SelectQuote Local

By Coverager ·

The company is introducing a franchise model.

Business

UiPath acquires WorkFusion

By Gabriella Ben-Hutta ·

WorkFusion is a provider of AI agents for financial crime compliance.

Business

CyberCube announces CEO succession

By Gabriella Ben-Hutta ·

Chris Methven was appointed as CEO.

Investments

Equal Parts raises $23 million

By Coverager ·

The company plans to acquire 25 agencies this year and reach $1 billion in premiums within 24 months.

Innovation

ESA and Liberty Mutual Re explore space data for parametric insurance

By Shefi Ben-Hutta ·

A workshop this month will invite data and technology companies to propose space-based solutions for assessing wind damage to forests, with selected projects eligible for ESA support and funding.

Technology

OpenAI tests ads in ChatGPT for free users

By Shefi Ben-Hutta ·

Paid plans will remain ad free.

Business

Wrisk acquires Atto

By Shefi Ben-Hutta ·

Atto will continue to operate as a dedicated product.

Marketing

Shriram Life launches AI-generated campaign for Flexi Shield

By Shefi Ben-Hutta ·

The ad was developed by Leo Burnett.

Marketing

Hagerty promotes Marc Burns to CMO, hires Matt Teshera as SVP of Marketing

By Shefi Ben-Hutta ·

Teshera joins from AT&T.

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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 ·

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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 ·

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By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

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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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