Coverager® - Insurance News and Insights

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Group 1001 picks Coalesce Automation in Admin Boxx Insurance partnered with Nova Southeastern University MAWDY picks Blink Parametric in Claims USAA partnered with Trust & Will MAPFRE picks Cyberwrite in Underwriting Carefree Pet partnered with Independence American Insurance Company Amazon partnered with Urban Jungle Allianz Direct partnered with ING Group F&G raised $345M Alm Brand picks Cognizant in Admin Marsh McLennan picks Microsoft in Admin Lassie raised $25.2M Patriot Growth Insurance Services raised $500M CatX raised $2.7M Coface raised $327.51M

Northern Re announces new raise

By Avi Ben-Hutta

The company has a target to have over $100 million of committed capital for 2024.

Member News

TurboTenant increases renters insurance adoption by 30% in one week using Sure’s API

By Sure, Inc. ·

All-in-one rental management software provider expands its partnership with Sure to increase access to renters insurance.

Business

State National entering the UK market in 2024

By Coverager ·

The new division will leverage State National's long track record of success in the program services marketplace.

Business

Allianz Direct partners with ING

By Avi Ben-Hutta ·

Dutch customers will be able to purchase auto, van and corporate and professional liability insurance directly from ING.

Investments

Sun Life invests in Pillway

By Avi Ben-Hutta ·

Pillway was founded in 2017 and disclosed $5 million in funding prior to this round.

Investments

Lassie raises €23 million

By Avi Ben-Hutta ·

Lassie operates in Sweden and Germany.

Business

Amazon UK adds new insurance partner

By Avi Ben-Hutta ·

Amazon now counts five insurance partners for its Amazon Insurance Store.

Strategy

BNP Paribas Cardif to acquire majority stake in BCC Vita

By Avi Ben-Hutta ·

BCC Vita is the insurance arm of Italian bank BCC ICCREA.

Member News

Fize Technology Joins HawkSoft’s API Partner program

By HawkSoft ·

Partnership will streamline the collection of prior insurance coverage information across Personal Lines and Commercial Auto HawkSoft welcomes Fize Technology as the newest API Partner integrated with its insurance platform....

Investments

Inszone announces investment from Lightyear Capital

By Coverager ·

Lightyear will join Inszone’s current investor, BHMS Investments.

Business

Aviva to acquire Optiom

By Avi Ben-Hutta ·

Aviva has an underwriting relationship with Optiom.

Technology

Cognizant selected by Alm. Brand Group to enable automation services

By Coverager ·

The partnership aims to automate routine insurance and administrative tasks to save time and improve customer interactions.

Financials

Valani Global acquires MSA Research

By Coverager ·

MSA Research, founded in 2003, is a Canadian analytical research firm focusing on the insurance market, aiming to empower professionals with essential industry tools and knowledge.

Business

Lemonade announces new board members

By Coverager ·

Along with Deb and Samer, Lemonade’s current Board is composed of Lemonade co-Founders Daniel Schreiber and Shai Wininger, as well as Michael Eisenberg (Partner, Aleph) and Shu Nyatta (Founder/Managing Partner, Bicycle Capital).

Innovation

Aviva Canada expands Charged for Change program across Canada for 2024

By Coverager ·

Aviva’s Charged for Change program is an initiative that aims to bring chargers to communities that lack EV infrastructure.

Investments

American Family Ventures backs Ingenious.build

By Coverager ·

Ingenious.build is a cloud-based application streamlining project financials, project management, and construction administration.

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Member News

Why Risks Managers Need to Get Out Into the Field with Holly LeClair of ReArch Company

By John Fohr, TrustLayer ·

Nationwide: Cheapest Home Insurance for a $200K Home

By Melanie Musson, Clearsurance ·

Cybersecurity: An Ounce of Prevention is Worth a Pound of Cure

By AgentSync, AgentSync ·

Canopy Connect Hits 10,000+ Users Milestone for Its Insurance Verification Technology

By Insurance Verification, Canopy Connect, Inc. ·

Canopy Connect Joins HawkSoft Solution Partner Program

By HawkSoft, HawkSoft ·

Cybersecurity and Insurance: SOC2 Type II Audit

By AgentSync, AgentSync ·

Cyber Security: A Leadership Issue with Kevin Soohoo of Egnyte

By John Fohr, TrustLayer ·

Understanding and Managing Contracts with Josh Levy of Document Crunch

By John Fohr, TrustLayer ·

Meaningful AI for Independent Insurance Agencies

By HawkSoft, HawkSoft ·

The Impact of Grace Periods on Hands-Free Laws

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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