Coverager® - Insurance News and Insights

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Salty.AI partnered with Mercury Insurance Cover Genius partnered with Deblock Groupama picks Continuity in Underwriting AXA XL picks Collibra in Admin The Mutual Group picks Nativeorange in Admin Amica Insurance picks Collibra in Admin Abacus Global Management raised $400M Life Settlement Advisors raised $200K Eleos Life partnered with teachr Marsh partnered with TIPI Insurance Partners Embedded Insurance raised $4M Beagle Labs raised $4.1M Salty.AI raised $4M Zurich picks Willis Towers Watson in Pricing TruePoint Systems partnered with SeedPod Cyber

Allstate adds auto insurance estimates to ChatGPT

By Coverager

The estimate starts in ChatGPT; the remaining steps take place with Allstate.

Business

Xagent Announces Napier Park Global Capital MD Joseph Lane Joins Board

By Shefi Ben-Hutta ·

Digital MGA and the creator of the Universal Submission App, xagent, is pleased to announce the addition of Joseph Lane to its Board. Lane, currently a partner and a...

Strategy

Actua to Sell Stake in BOLT Solutions

By Shefi Ben-Hutta ·

Actua Corporation, formerly known as Internet Capital Group (ICG), announced that it has entered into separate agreements to sell its three majority-owned businesses (think: VelocityEHS, provider of EHS software, FolioDynamix, provider of...

Business

Pinnacol Creates Digital Subsidiary for Simple, Quick Workers’ Comp Coverage

By Avi Ben-Hutta ·

Pinnacol Assurance, Colorado’s leading workers’ compensation insurer, is launching a new digital platform to make it easier for small businesses that choose not to use an agent to purchase workers’...

LeakBot Connected Device Enters US Market to Prevent Major Damage from Household Water Leaks, the Largest Predictable Home Insurance Claim Category

By Avi Ben-Hutta ·

HomeServe Labs, the innovation division of one of the UK’s leading home assistance providers, today announced that its connected water leak detector, LeakBot, will be available to select US insurance partners...

Innovation

State Auto Labs Launches $25M Corporate Venture Fund to Drive Innovation

By Shefi Ben-Hutta ·

State Auto Labs Corp., the innovation arm of State Auto, has launched a $25M corporate venture fund to support entrepreneurs and innovations in the insurance industry . State Auto...

Business

First SoFi CEO Steps Down, Now CTO

By Shefi Ben-Hutta ·

According to the WSJ, SoFi CTO, June Ou, is stepping down following her husband’s decision to leave the firm. Recall: two weeks ago Michael Cagney, CEO and cofounder of the...

HawkSoft Goes From Tandy 1000 to Open API

By Shefi Ben-Hutta ·

HawkSoft #Rater has launched nationwide. Free 15-day trialfor customers! #bestvalue #integrated #weloveouragents. https://t.co/uAvQ39op07 — HawkSoft (@HawkSoft) September 25, 2017 Agency management systems provider, HawkSoft, announced nationwide availability of HawkSoft Rater,...

Member News

Jetty Now in 18 States – Welcome Kansas, Utah, Maryland, and Tennessee!

By Jetty Press ·

Jetty Renters Insurance Product Now Available in 18 States With Addition of Kansas, Utah, Maryland and Tennessee Jetty Passport Deposit and Jetty Passport Lease products also available to renters in...

Strategy

AIG Restructures & Brian Duperreault’s Glassdoor Rating Drops 5 Points

By Avi Ben-Hutta ·

AIG announced that it is planning to make changes to its organizational structure . Brian Duperreault, AIG’s President and Chief Executive Officer, said: “These changes are designed to best...

Business

Chubb Launches Travel App for Business Travelers

By Avi Ben-Hutta ·

Chubb launched a travel application for the first time in the Asia Pacific to help employers adequately prepare and support employees on business travel. Called Chubb Travel Smart, the application...

Investments

Boost Raises $3M Because The Industry Doesn’t Need Another Innovation Hub

By Shefi Ben-Hutta ·

NYC-based Boost announced it has raised $3 million in a seed round led by Norwest Venture Partners with participation from IA Capital Group, Greycroft Partners, State National and Nephila. The...

Strategy

GetSafe Channels Oscar & Partners with Munich Re

By Avi Ben-Hutta ·

Look closely. See the resemblance ? Let’s move on. Five months after announcing its intentions to launch a digital insurer, German insurtech GetSafe reveals its partner in crime – Munich...

Product

BMU and Drone insurance: No Longer a Match Made in Heaven

By Shefi Ben-Hutta ·

“BMU (Back Me Up) will no longer be able to cover drones under either Fully Flex or Core Cover. We haven’t made this decision lightly – we’ve explored other options,...

Investments

Xelpmoc Acquires a 10% Stake in Ideal Insurance

By Avi Ben-Hutta ·

Bangalore-based Xelpmoc, a technology, analytics and design company, has recently acquired a 10% stake in Ideal Insurance Brokers, an Indian insurance broker that operates an online health insurance platform called 121Policy.com, which plans...

Business

MarketScout is Insurtech-Friendly, Not Mobile-Friendly

By Shefi Ben-Hutta ·

According to Reinsurance News, Texas-based specialty MGA, MarketScout, is launching MarketScout InsurTech (MIT). Think: a $25 million investment fund dedicated to insurtechs. Recall: MarketScout, established in 2000 by Richard Kerr, is an insurance...

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Featured Jobs

Head of Cyber Insurance Programs

Tint

Senior Manager, Insurance Product Analytics (Hybrid)

American Family Insurance

Digital Product Management- Expert

Allstate

Lead AI & Technology Risk Auditor

Allstate

Manager, External Data Strategy

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Member News

Vertafore unveils Digital Underwriter vision to help MGAs increase underwriting capacity, reduce cycle time and improve bind rates

By Vertafore ·

Vertafore Unveils Agentic Agency Vision to Accelerate Distribution Velocity for Independent Agencies

By Vertafore ·

Sureify Expands Life & Annuity New Business with LifetimeACQUIRE, Connecting Quote to Book with Headless Architecture

By Team at Sureify, Sureify ·

Why Modern Insurance Agencies Are Consolidating Benefits Business in the AMS

By Tammi Shapiro, Applied Systems ·

Fuse Launches Transportation & Commercial Auto Hub as the Line Struggles to Reach Underwriting Profit

By Sean Bourgeois, Fuse ·

Why Every Commercial-Lines Agency Needs AI Risk Fluency

By Vertafore ·

EverPeak® expands to Georgia: instant, online workers' comp insurance for small businesses

By Elizabeth Johnson, EverPeak Insurance ·

Benefits renewal automation for insurance agencies gets an upgrade in Applied Epic

By Tammi Shapiro, Applied Systems ·

How AI is Transforming Document Workflows in Claims

By Vertafore ·

Andy Scurto to Lead OneShield Product Advisory Committee

By Debbie Ryan, OneShield ·

Share a news tip with Coverager

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Allstate adds auto insurance estimates to ChatGPT

Xagent Announces Napier Park Global Capital MD Joseph Lane Joins Board

Actua to Sell Stake in BOLT Solutions

Pinnacol Creates Digital Subsidiary for Simple, Quick Workers’ Comp Coverage

LeakBot Connected Device Enters US Market to Prevent Major Damage from Household Water Leaks, the Largest Predictable Home Insurance Claim Category

State Auto Labs Launches $25M Corporate Venture Fund to Drive Innovation

First SoFi CEO Steps Down, Now CTO

HawkSoft Goes From Tandy 1000 to Open API

Jetty Now in 18 States – Welcome Kansas, Utah, Maryland, and Tennessee!

AIG Restructures & Brian Duperreault’s Glassdoor Rating Drops 5 Points

Chubb Launches Travel App for Business Travelers

Boost Raises $3M Because The Industry Doesn’t Need Another Innovation Hub

GetSafe Channels Oscar & Partners with Munich Re

BMU and Drone insurance: No Longer a Match Made in Heaven

Xelpmoc Acquires a 10% Stake in Ideal Insurance

MarketScout is Insurtech-Friendly, Not Mobile-Friendly

Head of Cyber Insurance Programs

Senior Manager, Insurance Product Analytics (Hybrid)

Digital Product Management- Expert

Lead AI & Technology Risk Auditor

Consultant, Fintech Platforms

VP, ISP Programs & Platforms

Manager, External Data Strategy

Vertafore unveils Digital Underwriter vision to help MGAs increase underwriting capacity, reduce cycle time and improve bind rates

Vertafore Unveils Agentic Agency Vision to Accelerate Distribution Velocity for Independent Agencies

Sureify Expands Life & Annuity New Business with LifetimeACQUIRE, Connecting Quote to Book with Headless Architecture

Why Modern Insurance Agencies Are Consolidating Benefits Business in the AMS

Fuse Launches Transportation & Commercial Auto Hub as the Line Struggles to Reach Underwriting Profit

Why Every Commercial-Lines Agency Needs AI Risk Fluency

EverPeak® expands to Georgia: instant, online workers' comp insurance for small businesses

Benefits renewal automation for insurance agencies gets an upgrade in Applied Epic

How AI is Transforming Document Workflows in Claims

Andy Scurto to Lead OneShield Product Advisory Committee

Share a news tip with Coverager