coverager

Global Atlantic announces reinsurance agreement with Manulife

The transaction will reinsure a seasoned and diversified block of Manulife’s life, annuity, and long-term care insurance business.

Posted: Dec 11, 2023

Cinven to sell Miller stake to GIC

GIC and Cinven first acquired Miller in 2021.

Posted: Dec 11, 2023

Protective names David Loper as Executive Director of the Protective Life Foundation

Loper will oversee Protective's community representation, manage the Foundation's daily operations, and direct corporate giving to initiatives and organizations promoting positive change locally and beyond.

Posted: Dec 10, 2023

Primerica Board of Directors elects former GE executive Darryl Wilson as newest member

Primerica, through its insurance company subsidiaries, was the #3 issuer of Term Life insurance coverage in the United States and Canada in 2022.

Posted: Dec 10, 2023

Coverager’s Week in Review: Dec 3-9, 2023

Policygenius, based in New York, operates as an online insurance agency.

Posted: Dec 10, 2023

Policygenius cofounders step down

Rosetta Risk Management to transition to a fully tech-enabled construction insurance MGA.

Posted: Dec 09, 2023

GBLI suspends the exploration of the sale or merger of Penn-America and Global Indemnity

In June, the company shared that multiple parties indicated preliminary interest in exploring an acquisition or merger.

Posted: Dec 07, 2023

Legal challenges against Tesla Insurance

A new class-action lawsuit against Tesla Insurance Services alleges inflated car insurance premiums based on "misleading" collision warnings.

Posted: Dec 07, 2023

Southampton Financial acquires aha insurance

Aha offers online car and home insurance in Ontario, Alberta, and British Columbia.

Posted: Dec 07, 2023

Sompo International further expands into France with appointment of Jean-Marie Guegan

Mr. Guegan joins Sompo International from Generali.

Posted: Dec 07, 2023

Howden acquires Haakon AG

Haakon was formerly part of the Baloise Group.

Posted: Dec 07, 2023

Road Risk Alert: It’s the Most Distracted Time of the Year

Distracted driving on New Year’s Day in 2022 tells a slightly different story. Distracted driving on New Year’s Day was 14.6% higher during the early morning hours compared to the...

Posted: Dec 07, 2023

SiriusPoint partners with ProVerity Underwriters

ProVerity provides specialty products to underserved areas of professional liability business.

Posted: Dec 07, 2023

Mulberri raises $6.75 million

Mulberri's platform enables HR, benefits and payroll providers to offer a variety of insurance products.

Posted: Dec 07, 2023

It’s Open Enrollment Time Again! Prepare Your Clients to Make Good Choices About Benefits

While open enrollment is a time to review benefits, it’s not a time to remind everyone how dated your insurance technology is.

Posted: Dec 07, 2023

Intact sells UK direct personal lines operations to Admiral

Haakon was formerly part of the Baloise Group.

Posted: Dec 07, 2023

Five Sigma Propels Claims Management into the Future with AI Assist Collaboration with Google Cloud...

Five Sigma Unveils AI Assist in Collaboration with Google Cloud—Revolutionizing Claims Management with Advanced Native AI Capabilities.

Posted: Dec 06, 2023

Union Bay Acquisition acquires Commercial Brokers of America

Terms were not disclosed.

Posted: Dec 06, 2023

Trufla picks Vertafore Canada

Trufla offers data intelligence solutions for insurance brokers.

Posted: Dec 06, 2023

Tesla launches tire protection

The new offering is currently available to California residents. 

Posted: Dec 06, 2023

Sedgwick launches carbon value calculator

This tool, developed by their UK repair solutions division, quantifies the carbon emissions of building repairs.

Posted: Dec 06, 2023

Ledger partners with bolt

The companies will offer accidental damage and extended warranty protection.

Posted: Dec 06, 2023

Amynta Group to acquire Sutton Special Risk

Sutton offers a broad range of accident and health coverages.

Posted: Dec 06, 2023

RGA launches Ruby Re

Ruby Re will reinsure business from RGA.

Posted: Dec 06, 2023

Hamilton reports 2023 third quarter results

Five Sigma Unveils AI Assist in Collaboration with Google Cloud—Revolutionizing Claims Management with Advanced Native AI Capabilities.

Posted: Dec 06, 2023