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Beat Capital Partners launches Fallow Grove Insurance Services

The company has partnered with former CrossCover executive Brett Dupre to launch US-based Fallow Grove Insurance Services.

Posted: Oct 17, 2024

Treehouse raises $16.6 million

Treehouse has completed thousands of installations and supports dozens of partners across the country, including CarMax, Holman, Emporia, and Quilt.

Posted: Oct 17, 2024

MassMutual to offer policyowners free access to AI-guided mental health support

This offering is the latest addition to MassMutual’s Health and Wellness Program.

Posted: Oct 17, 2024

AM Best assigns Issuer Credit Rating of “a+” to Helvetia

AM Best has assigned a Financial Strength Rating of "A" (Excellent) and a Long-Term Issuer Credit Rating of "a+" (Excellent) to Helvetia.

Posted: Oct 17, 2024

DeNexus raises $17.5 million

AXA XL participated in the round.

Posted: Oct 16, 2024

Next Insurance expands agency partnerships with GEICO

IPH is the lesser-known name behind Embrace, Pumpkin, Pets Best, and PetPlace.

Posted: Oct 16, 2024

Ageas announces exclusive negotiations with Saga

Saga had ~1.4 million policies in force as of July 31, 2024.

Posted: Oct 16, 2024

APIC seeks 45% rate increase in California

The proposed rate adjustment would increase total written premiums by $31.4 million.

Posted: Oct 16, 2024

Nayya expands leadership team

This comes after recent venture financing from MetLife Ventures, ADP Ventures, and Workday Ventures.

Posted: Oct 16, 2024

INSHUR raises $19 million

The investment will enable the business to continue scaling its operations globally.

Posted: Oct 16, 2024

Keystone Agency Partners acquires Myers, Benner Corporation

Myers, Benner specializes in serving towing operations, garages, truck dealerships, and school districts.

Posted: Oct 16, 2024

HEMIC receives Rating of “A” (Excellent) from AM Best – 2024

HEMIC is the largest provider of workers’ compensation insurance in Hawaii and has maintained an “A” rating from AM Best every year since they were first rated in 2007.

Posted: Oct 16, 2024

Zinnia secures $300 million financing from Vista Credit Partners

Zinnia has also made headlines for its acquisitions of Breathe Life, Policygenius, and the life and annuity assets of Ebix.

Posted: Oct 16, 2024

SoFi expands loan platform with $2 billion agreement with Fortress Investment Group

The deal strengthens SoFi's loan platform.

Posted: Oct 16, 2024

Volt launches with $25 million capacity for power and renewable energy risks

Volt offers coverage for conventional power and renewable energy clients.

Posted: Oct 16, 2024

Homesite withdraws manufactured home product in Oregon

The Manufactured Home product was brokered through AEGIS General Insurance Agency.

Posted: Oct 16, 2024

OneClick Data raises $7.2 million

The company now serves more than 1,300 customers including over 40 insurance carriers and suppliers.

Posted: Oct 16, 2024

Toyota Insurance partners with Lemonade

HEMIC is the largest provider of workers’ compensation insurance in Hawaii and has maintained an “A” rating from AM Best every year since they were first rated in 2007.

Posted: Oct 16, 2024

Root seeks first-ever renters insurance rate increase in Tennessee

Most policyholders (about 415) will experience rate increases between 55% and 70%, with some seeing a maximum increase of 71.6%.

Posted: Oct 15, 2024

Tokio Marine HCC to launch US Excess Casualty business

TMHCC’s entry into this space will provide insureds new capacity as limit retrenchment continues amid challenging loss cost trends.

Posted: Oct 15, 2024

QBE to launch US Inland Marine with three key hires

The team and product will be added to QBE International Market’s growing Ocean Marine and Energy divisions.

Posted: Oct 15, 2024

Peter Reynolds appointed Group Chief Strategic Development Officer

Mr. Reynolds joins the company from Oliver Wyman.

Posted: Oct 15, 2024

Progressive reports 93.4% CR for September

Progressive generated net income of $584.6 million.

Posted: Oct 15, 2024

Are You Thinking About Appointment Compliance All Wrong?

What if you reprioritized compliance? What if you saw compliance as a critical component of your core business functions, and not as a necessary sidecar, an obstacle to overcome for your onboarding? 

Posted: Oct 15, 2024

Stoïk raises $27 million

Stoïk is on track to have 5k policyholders and €25 million in premiums by the end of the year. 

Posted: Oct 15, 2024