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.

Investments

Zocks raises $45 million

By Coverager ·

The solution is used by 5k financial firms.

Business

Marsh expands Nimbus insurance facility

By Coverager ·

Nimbus now offers limits up to $2.7 billion.

Member News

Starr Modernizes P&C and Specialty Claims with Five Sigma’s AI Claims Platform and Clive™

By Oded Barak ·

Five Sigma, the AI claims technology company, announced that Starr, a global investment and insurance organization, has selected its Claims Management Platform and Clive™, the Multi-Agent AI Claims Solution, to modernize its claims organization.

Business

Corebridge Financial brings cryptocurrency to index annuities

By Coverager ·

The company introduced the Invesco New Economy Index.

Business

Philadelphia Insurance Companies announces executive promotions

By Gabriella Ben-Hutta ·

Including a new Chief Transformation Officer, three Deputy Chief Underwriting Officers, and four Senior Vice Presidents.

Business

Kin launches auto insurance

By Coverager ·

The company announced the launch of auto insurance for Kin customers in Florida and Texas.

Business

SCOR and AXA to launch Lloyd’s consortium for eccological restoration insurance

By Gabriella Ben-Hutta ·

The launch builds on SCOR’s NatReCo initiative, introduced in 2024 to develop insurance solutions supporting nature restoration and conservation.

Member News

Teens Save $48 a Month With Geico and Allstate

By Melanie Musson ·

According to a recent report by Clearsurance.com, Geico and Allstate offer the best discounts for completing a driver’s education program.

Innovation

Aviva Canada commits $250,000 to Team Rubicon Canada

By Coverager ·

The initiative supports disaster response, mitigation, and preparedness efforts nationwide.

Business

AXA XL names Samantha Hazlewood to global client management role

By Gabriella Ben-Hutta ·

Ms. Hazlewood joined AXA in 2012.

Business

Crawford & Company announces new operating divisions

By Gabriella Ben-Hutta ·

Michael Hoberman was appointed to CEO of US Operations.

Business

Cameron Black becomes Chief Preneed Distribution Officer

By Gabriella Ben-Hutta ·

He will report directly to Joe Celentano, President & CEO at NGL.

Product

MS Amlin grows Phoenix Re cat bond to $115 million for 2026

By Coverager ·

The vehicle offers exposure to perils that are largely uncorrelated with peak zones, with diversification across APAC and MENA.

Investments

Softlogic Life secures $15 million loan

By Coverager ·

Softlogic Life is Sri Lanka’s largest life insurer.

Technology

Input 1 expands payments partnership with Cypress Premium Funding

By Coverager ·

Cypress has been an Input 1 client for years and already uses the company’s PBS platform to support its premium finance operations.

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Featured Jobs

Vice President Independent Agent Operations and Strategy

Allstate

Go-To Market Manager, Ecosystem

USAA

General Manager - Product Strategy & Performance

Acuity Insurance

Senior Performance Marketing Specialist

Fortegra

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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