Asia Archives

Coverager Data

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

City of San Diego selects Klear.ai

By Coverager ·

Klear.ai has partnered with the City of San Diego to modernize claims administration, risk management, and safety operations.

Member News

AI Use Cases Independent Agencies Can Put to Work Now

By Vertafore ·

From intake to reconciliation, practical AI is already reducing manual work, data errors, and workflow delays

Business

Jump partners with Markel

By Coverager ·

Jump is an AI productivity platform for financial advisors.

Business

MS Amlin establishes new Lloyd’s incidental syndicate

By Gabriella Ben-Hutta ·

S1673 will support the syndicate’s Portfolio Solutions team.

Business

Protective to acquire Obsidian

By Coverager ·

The acquisition will establish a new business line for Protective.

Investments

Northwestern Mutual announces new $150 million fund to invest in startups

By Coverager ·

The $150 million fund will target emerging and growth-stage firms in the fintech and insurtech space.

Marketing

Marsh and Formula 1 announce multi-year partnership

By Coverager ·

The deal gives Marsh trackside branding and access to events across Formula 1’s global calendar.

Business

Western & Southern expands into family banking with Till Financial acquisition

By Shefi Ben-Hutta ·

For Western & Southern, the deal builds on earlier moves into family-focused financial services, including its acquisition of Gerber Life.

Investments

The Baldwin Group takes majority stake in MultiStrat

By Coverager ·

MultiStrat Re is a total return-focused reinsurance underwriter.

Technology

Ripe launches ChatGPT app for Cycleplan quotes

By Coverager ·

Ripe serves over 430,000 policyholders across products including cycling, boats, motorhomes, and small business insurance.

Business

NOW Insurance reaches 30,000 active policies

By Coverager ·

Now operates in the healthcare professional liability segment.

Business

OneDigital acquires MP Wired for HR

By Coverager ·

MP brings a 93-person team serving more than 2,300 clients, with a focus on payroll, HR tech, compliance, and advisory support.

Product

CNP Assurances and Lucya launch online life insurance offer

By Coverager ·

The move supports CNP Assurances’ push to diversify distribution under its Lead for Impact strategic plan.

Innovation

State National files AI-focused trademarks

By Shefi Ben-Hutta ·

Both applications sit at the intersection of insurance compliance, lending/collateral management, and AI automation.

Strategy

Trucordia acquires Rusty Healy Insurance Agency

By Coverager ·

The Rusty Healy agency offers auto, home, business, and life 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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