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Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance Liberty Mutual picks ICEYE in Claims 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 Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M 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.

Member News

The End of Static Digitization: Why Insurance Workflows Must Now Think for Themselves

By Richard Hartley ·

For years, the commercial insurance industry has been caught in a paradox. We have made enormous strides in turning messy, unstructured submissions into structured data, yet the workflows themselves have...

Financials

Allstate reports $140 million in February CAT losses

By Coverager ·

Auto policies increased to 25.6 million.

Innovation

Banner Life files “BeyondTerm” trademark

By Shefi Ben-Hutta ·

The application was filed on March 17, 2026.

Business

Everest to sell Canadian retail insurance operations to Wawanesa

By Coverager ·

The transaction is anticipated to close in the second half of 2026, subject to customary regulatory approvals and closing conditions.

Product

BHSI launches surety in Ireland

By Shefi Ben-Hutta ·

The new offering targets construction and infrastructure projects.

Product

Brit launches SME cyber product with multi-event coverage

By Gabriella Ben-Hutta ·

The product is called C360.

Business

Robert Holt’s introductory message to worksite agents as VP of Worksite Sales

By Coverager ·

5Star Life underwrites AFBA member benefits and offers group and voluntary worksite insurance products.

Investments

Mundi Ventures announces LatAm Fund I

By Coverager ·

The fund will invest in early-growth companies across fintech, insurtech, healthtech, climate, and adjacent sectors.

Business

Tokio Marine strikes partners with Berkshire Hathaway’s National Indemnity

By Coverager ·

NICO will acquire an initial ~2.5% stake in Tokio Marine through a third-party allotment of treasury shares.

Product

Great Eastern targets HNW wealth

By Gabriella Ben-Hutta ·

Insurer launches Great Eastern Private.

Business

HDI Global appoints David Wilson as Global Head of Claims Energy & Power

By Gabriella Ben-Hutta ·

Wilson joins from Allianz and will be based in London.

Business

Howden expands Asia M&A insurance team with 12 hires

By Coverager ·

The hires follow the firm’s recent acquisition of Atlantic Group in the U.S. and add to a global team of more than 300 M&A specialists.

Business

Merchants Insurance Group appoints Pete Walkup as Vice President, Head of Claims

By Gabriella Ben-Hutta ·

Walkup joins from Donegal Insurance.

Business

Inszone expands with Streeter Brothers acquisition

By Shefi Ben-Hutta ·

The acquisition strengthens Inszone’s presence in Montana/

Business

Integrity partners with ABN Financial Group

By Coverager ·

The deal adds another agency to Integrity’s growing partner network.

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Featured Jobs

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Allstate

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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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