coverager

Protective Insurance is rebranding

The new name reflects the integration of businesses and captures Progressive's expanded expertise.

Posted: Jan 29, 2024

Fortegra announces launch of initial public offering

The price range for the initial public offering is expected to be between $15.00 and $18.00 per share.

Posted: Jan 29, 2024

Carbon-credit insurer CarbonPool raises $12 million

The startup operates in a niche space that includes Kita and Oka.

Posted: Jan 29, 2024

Everest Insurance establishes Private Equity practice

Dan Reinert appointed to lead the growth of private equity offerings across P&C lines.

Posted: Jan 29, 2024

Embrace reaches 500k insured pets

Embrace handled over 4.6 million claims to date.

Posted: Jan 29, 2024

Coverager’s Week in Review: Jan 22-28, 2024

Spray will assume the title of chief executive officer of the company and all US subsidiaries.

Posted: Jan 28, 2024

AVLA raises $25 million

The Chile-based company generated approximately $150 million of insurance revenue in 2023.

Posted: Jan 26, 2024

Pacific Life Re announces new global structure

The company is moving from a geographical-based to a product-based management structure.

Posted: Jan 26, 2024

Ladder integrates with Envestnet | MoneyGuide

Envestnet | MoneyGuide serves over 107k financial advisors.

Posted: Jan 26, 2024

MIC Global raises $6 million

MIC Global is a microinsurance provider.

Posted: Jan 26, 2024

Apple releases new device protection feature

The company has introduced Stolen Device Protection.

Posted: Jan 26, 2024

Vouch begins working with brokers

The startup announced a partnership with IMA.

Posted: Jan 25, 2024

Northwestern Mutual CEO John Schlifske announces plans to retire

Schlifske has announced plans to retire in accordance with the company's long-standing mandatory retirement age policy.

Posted: Jan 25, 2024

Tesla Q4’23 earnings call

Around 90% of vehicle buyers in 2023 never owned a Tesla before.

Posted: Jan 25, 2024

Spark Advisors raises $25 million

Founded in 2020, the company partners with independent agents to deliver a concierge service for navigating retirement benefits.

Posted: Jan 25, 2024

NFP and NHL announce partnership

Insurance broker and the NHL announced a new multiyear North American partnership, naming NFP the official business insurance brokerage partner of the NHL. The new partnership provides NFP with a...

Posted: Jan 25, 2024

How BPOs Can Use Technology to Their Scale Insurance Compliance (and spend less!)

Discover how BPOs can use advanced technology to provide insurance compliance services that are scaleable, reliable, and cost-effective for their clients.

Posted: Jan 25, 2024

CFC introduces embedded insurance product Seller Protect

Seller Protect is the market’s first embedded transactional liability insurance product.

Posted: Jan 25, 2024

Allianz Direct to buy Luko

Founded in 2020, the company partners with independent agents to deliver a concierge service for navigating retirement benefits.

Posted: Jan 25, 2024

Torq raises $42 million

Torq specializes in cybersecurity.

Posted: Jan 24, 2024

Bilt Rewards raises $200 million

Bilt allows renters to earn points by paying their rent using the Bilt Mastercard. 

Posted: Jan 24, 2024

Allianz Partners launches allyz

The new app is available in Germany, France and the Netherlands.

Posted: Jan 24, 2024

Getaround raises $20 million

Founded in 2014, the California-based company allows people to rent out cars for rideshare and delivery purposes. 

Posted: Jan 24, 2024

Progressive achieves yearly combined ratio target

The insurer ended the month with a net income of $901 million.

Posted: Jan 24, 2024

QBE Ventures invests in Snorkel AI

Bilt allows renters to earn points by paying their rent using the Bilt Mastercard. 

Posted: Jan 24, 2024