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State Farm shrinks losses

The group of companies reported a net underwriting loss of $1.35 billion.

Posted: May 23, 2024

HDI announces fronting partnership with Hallmark Financial Services

This multi-year partnership continues HDI’s investment in strengthening its position in the US market.

Posted: May 23, 2024

Bowhead Specialty announces pricing of upsized initial public offering

The company will offer 7,529,412 shares of its common stock at a price of $17 per share.

Posted: May 23, 2024

Embri is live

Embri has collaborated with Movo Partnership, a network providing access to carrier products. 

Posted: May 23, 2024

Aflac partners with Nayya

Nayya is a provider of personalized digital benefits guidance.

Posted: May 23, 2024

MoneyLion excited about auto insurance

This multi-year partnership continues HDI’s investment in strengthening its position in the US market.

Posted: May 23, 2024

Beacon launches with CAD $5.25 million seed round

MS Transverse participated in the round.

Posted: May 22, 2024

Crestfield Risk announces launch

Crestfield is backed by The Vistria Group, a private investment firm.

Posted: May 22, 2024

Next Insurance launches new solution with LegalZoom

The new offering utilizes a customer's data from LegalZoom and other sources to provide a tailored quote. 

Posted: May 22, 2024

Five Sigma Supports Indemnity National Insurance Company’s Claims Handling with AI-Native Claims Pla...

INIC, a leading provider of commercial excess liability insurance, sought a claims management system to support remote operations and extensive long-tail claims. INIC partnered with Five Sigma for its AI-native claims management platform.

Posted: May 22, 2024

QuoteWell partners with Independent Insurance Agents of Texas

IIAT members will gain access to a more efficient submission process.

Posted: May 22, 2024

Key highlights from Erie’s earnings call

Business has grown to over $10 billion in premiums and nearly 7 million policies.

Posted: May 22, 2024

Cover Whale raises $27.5 million

MS Transverse participated in the round.

Posted: May 22, 2024

Vitesse raises $93 million

The investment will support Vitesse’s expansion efforts into the US.

Posted: May 21, 2024

Insurance in the Headlines with Baltimore’s Francis Scott Key Bridge Collapse

Experts say this collapse could become the largest marine insurance loss in history.

Posted: May 21, 2024

Distinguished Programs partners with SiriusPoint

The new program will offer tailored coverage for a focused segment of inland marine exposures.

Posted: May 21, 2024

Warburg Pincus to acquire Specialist Risk Group

SRG was launched in January 2020.

Posted: May 21, 2024

BOXX partners with Zurich

Zurich has invested in Boxx in 2021 and 2023.

Posted: May 21, 2024

Howden acquires MiCRO

MiCRO was founded by Mercy Corps and Fonkoze in the aftermath of the 2010 Haiti Earthquake.

Posted: May 20, 2024

Branch Insurance Exchange reports Q1 results

BIX ended the quarter with a net underwriting loss of $22.6 million.

Posted: May 20, 2024

Paragon Insurance Holdings partners with Ascot Group

Ascot will support Paragon’s public entity casualty insurance program – Trident Public Risk Solutions.

Posted: May 20, 2024

MetLife launches My Leave Navigator

The new solution includes pre-leave planning and guidance.

Posted: May 20, 2024

Insurtech IQ

MiCRO was founded by Mercy Corps and Fonkoze in the aftermath of the 2010 Haiti Earthquake.

Posted: May 20, 2024

Watershed Health raises $13.6 million

MassMutual Ventures participated in the round.

Posted: May 17, 2024

AI Jain

Mark Hartigan, Wefox's newly-appointed CEO, sent out a memo to shareholders describing the situation.

Posted: May 17, 2024