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Elpha Secure picks Ketch in Risk Mitigation eHealth partnered with Nexben Superscript picks KYNEKT in Claims USAA partnered with Trust & Will Wrisk partnered with Mazda Motor Europe K2 Insurance Services partnered with QBE North America Simply Business partnered with Allianz UK Sedgwick picks Octo Telematics in Claims Verisk picks Truepic in Claims Marsh picks Kirontech in Claims Fairfax Financial Holdings raised $750M Chubb raised $574.2M Brown & Brown raised $500M Honeycomb Insurance raised $40M Digit Insurance raised $10.45M

ICEYE raises over €1 billion at a valuation exceeding €10 billion

By Coverager

The company plans to increase annual satellite production from 50 units today to 100 by 2028.

Business

Cruise pauses all driverless robotaxi operations

By Avi Ben-Hutta ·

Earlier this week, the California DMV suspended Cruise’s testing permits.

Business

battleface partners with Stella Insurance

By Avi Ben-Hutta ·

The companies are partnering to offer travel insurance.

Business

At-Bay launches new cybersecurity solution

By Avi Ben-Hutta ·

The solution is designed to help emerging and mid-sized businesses advance their security defenses.

Member News

License and Registration, Please: 5 Questions Insurance Agents Shouldn’t Answer without a Securities License

By AgentSync ·

Five client questions insurance agents shouldn’t answer without a securities license and why.

Financials

Hippo lays off approximately 20% of staff

By Shefi Ben-Hutta ·

Hippo primarily operates as a personal property insurer and has raised over $1.2 billion since its inception.

Business

Liberty Mutual plans workforce cuts

By Avi Ben-Hutta ·

The company is eliminating 850 positions.

Business

Uber begins offering rides in self-driving Waymo cars

By Avi Ben-Hutta ·

The rides will be the same price as the traditional car rides Uber offers.

Business

bp announces deal with Tesla

By Coverager ·

bp will acquire ultra-fast charging hardware units from Tesla for $100 million.

Member News

AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors

By AgentSync ·

AgentSync doubles down on building the most modern and connected producer management and compliance solutions to provide flexibility in distribution channels for carriers, agencies, and MGAs

Investments

Upfort raises $8 million

By Avi Ben-Hutta ·

Upfort offers cyber security protection to SMEs.

Investments

Assureful raises $1.5 million

By Avi Ben-Hutta ·

The Lloyd's of London Coverholder is licensed across the US.

Business

Acrisure forms Southwest Region

By Coverager ·

Partners in Southern California, Nevada, Arizona and New Mexico will now operate as Acrisure.

Business

LULA’s AI becomes the first to pass insurance licensing exams

By Gabriella Ben-Hutta ·

LULA is a provider of insurance software for vehicle fleet operators.

Financials

CapitalSG acquires BIMA MILVIK

By Gabriella Ben-Hutta ·

The transaction comes as BIMA MILVIK completes a restructuring plan to optimize its global functions and teams, setting it on course to achieve breakeven profitability in 2024.

Business

Boost Insurance launches Boost Re

By Avi Ben-Hutta ·

Boost Re is structured as a US-domiciled protected cell captive insurance company.

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Member News

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 ·

Shadow Accounting in Insurance Compensation

By Vertafore ·

Sircon Compensation recognized for helping carriers turn agent compensation into a competitive advantage

By Vertafore ·

How Carriers Can Help AI Pilots Take Off

By Vertafore ·

Vertafore earns fourth consecutive Excellence in Customer Service Award

By Vertafore ·

The Last Mile of Claims: Why Correspondence is Structurally Harder Than Summarization

By Yo Sub Kwon, Voltaire ·

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