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Foyer Group picks Tractable in Claims 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 Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Innovation

Schneider Electric and BitSight partner to improve detection of Operational Technology cybersecurity exposure

By Coverager ·

Participation is open to all operational technology vendors willing to share information about their products to improve risk detection and attribution capabilities.

Strategy

Trupanion’s founder and CEO Darryl Rawlings will assume the additional role of Chair of the Board

By Coverager ·

The move aligns to Trupanion's long-term succession plan.

Investments

Oxbotica raises $140 million

By Avi Ben-Hutta ·

Aioi Nissay Dowa Insurance participated in the round.

Business

Vouch Insurance acquires Level

By Avi Ben-Hutta ·

Terms of the deal were not disclosed.

Business

Goosehead partners with the National Association of Mortgage Brokers

By Avi Ben-Hutta ·

NAMB members will also have access to 2,000+ Goosehead agents.

Investments

Toni Digital raises $12.5 million

By Avi Ben-Hutta ·

The startup enables brands to launch their own white-label insurance programs.

Investments

MassMutual backs Onc.AI

By Coverager ·

Onc.AI is a privately held medical technology company.

Investments

AXA IM backs Ophirex

By Shefi Ben-Hutta ·

Ophirex is a developer of oral treatments to snakebite.

Member News

How Millennials Are Changing the Insurance Industry

By AgentSync ·

For the insurance industry, millennials’ consumption choices present a massive opportunity to rethink what insurance looks like and how it’s sold.

Investments

Insurer-backed Qritive raises $7.5 million

By Coverager ·

Qritive is a cancer diagnosis company.

Investments

Propeller Bonds raises $6.4 million

By Coverager ·

Founded in 2020, the MGA focuses on the surety bond market.

Business

TMK launches IntelliMed

By Coverager ·

IntelliMed offers specialist and bespoke coverage for Life Sciences risks.

Financials

Wejo Group enters into business combination with TKB Critical Technologies 1

By Coverager ·

Wejo believes that this transaction can raise up to $100 million to fund its growth initiatives.

Member News

MGA Coterie Insurance Joins Vertafore’s Commercial Submissions to Provide Streamlined Digital Experience

By Katherine Jones ·

"Coterie is uniquely positioned to offer bindable quotes with minimal questions, as a fully digitally underwritten insurance product, offering products and coverage in all 50 states."

Innovation

DigitalOwl partners with RGA

By Coverager ·

The companies will strengthen and streamline the underwriting process.

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Featured Jobs

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

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 ·

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