Intermediary Archives

Coverager Data

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 SkyWatch partnered with Bees360 Sedgwick picks Octo Telematics in Claims Verisk picks Truepic in Claims Marsh picks Kirontech in Claims Lockton picks VIPR in Admin EigenRisk picks Property Guardian in Underwriting Fairfax Financial Holdings raised $750M Chubb raised $574.2M Brown & Brown raised $500M Honeycomb Insurance raised $40M Digit Insurance raised $10.45M

Sedgwick launches AI-powered claims ecosystem

By Shefi Ben-Hutta

Sedgwick provides claims, loss adjusting, benefits administration, and product recall services to more than 10,000 clients in 80 countries through a workforce of over 33,000 employees.

Business

The Hanover enhances its offering for complex industrial property risks

By Coverager ·

Hanover Specialty Industrial Property Advantage is a new admitted property product.

Investments

Otonomi raises $5 million

By Coverager ·

The investment will accelerate Otonomi's market expansion across Americas, EU, GCC, and Asia.‍

Business

Hamilton Lane and Guardian announce partnership

By Coverager ·

Hamilton Lane will manage Guardian's existing private equity portfolio of nearly $5 billion.

Investments

Clearcover raises $25 million in amended securities offering

By Coverager ·

The car insurer has raised $457.2 million since inception.

Product

Security First announces 2nd year of rate cuts

By Coverager ·

Security First has not raised rates since 2023.

Business

Manulife to offer the Galleri cancer detection test

By Coverager ·

The Galleri test will be offered at a reduced cost.

Business

Gallagher acquires Tompkins Insurance Agencies

By Coverager ·

Gallagher will acquire the stock of Tompkins Insurance Agencies for $183 million.

Financials

GEICO ends Q3 with $1.7 billion profit

By Avi Ben-Hutta ·

Premiums written increased $563 million in the third quarter.

Business

Equitable to acquire Stifel Independent Advisors

By Shefi Ben-Hutta ·

The acquisition strengthens Equitable’s position in wealth management.

Business

Chewy to acquire SmartEquine

By Coverager ·

Chewy reaffirmed its third-quarter fiscal 2025 financial guidance following the announcement.

Strategy

Nationwide to invest $1.5B to accelerate technology and AI innovation

By Gabriella Ben-Hutta ·

Since 2015, Nationwide has invested $5 billion in technology modernization.

Product

Aspida launches DreamPath RILA

By Coverager ·

The product allows clients to choose from fixed interest or four market indices.

Business

Philadelphia Insurance acquires Ignyte’s collector car division for $615 million

By Shefi Ben-Hutta ·

American Collectors Insurance, J.C. Taylor Insurance, Condon Skelly, and Heacock Classic are part of the deal.

Innovation

Aon sees “sustained monumental” opportunity in data centers

By Shefi Ben-Hutta ·

Sharing that it placed nearly $30 billion in coverage for a top hyperscaler, spanning both operational and under-construction sites.

Marketing

Freeway Insurance partners with NASCAR

By Coverager ·

Freeway Insurance is a division of Confie.

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Member News

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 ·

Applied Systems Honored with Four Stevie® Awards in 2026 American Business Awards®

By Taylor Rhodes, Applied Systems ·

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