New York
Frontline Insurance adopts Roots AI agents
Frontline Insurance has selected AI agents from insurtech company Roots to improve its claims and underwriting operations. As a multi-state…
AI insurtech firm 1Fort raises $7.5m in oversubscribed funding round
1Fort, an AI platform targeting the business insurance sector, has secured $7.5m in a latest funding round, bringing its total…
Captive manager Luzern Risk secures $12m in Series A funding
Luzern Risk, a captive platform formerly known as XN Captive, has secured $12m from Caffeinated Capital in its Series A…
FINEOS, Sutherland tie-up on AI-driven employee leave management
Irish insurtech company FINEOS has partnered with Sutherland, a company focused on digital transformation services including insurance third-party administration (TPA). …
Verisk snaps up Nasdaq subsidiary Simplitium
Verisk, a data analytics and technology provider for the insurance industry, has acquired Simplitium, a subsidiary of Nasdaq, for an…
Argo Group appoints new CEO and CFO
Specialty insurance underwriter Argo Group International has named Chris Donahue as its new CEO, succeeding Jessica Buss, who has led the…
New York sues Allstate’s National General for data protection failings
New York Attorney General Letitia James has filed a lawsuit against National General, an Allstate company, alleging the company failed to…
AXA XL enters cybersecurity alliance with Darkweb IQ
AXA XL has teamed up with Darkweb IQ to enhance cybersecurity practices for its cyber insurance clients by providing them…
Insurtech company CoverForce raises $13m in Series A financing
Insurtech platform CoverForce has secured $13m in a Series A financing round led by Insight Partners. Nyca Partners also contributed to…
Arthur J. Gallagher expands with Dyste Williams and RMA General acquisitions
Insurance brokerage Arthur J. Gallagher has continued its buying spree by acquiring Dyste Williams in the US and New Zealand’s…
HEMIC turns to EvolutionIQ for AI-powered claims management
Hawaii Employers Mutual Insurance Company (HEMIC), the state's workers' compensation insurance provider, has partnered with EvolutionIQ to manage claims. The…
Bishop Street finalises Landmark Underwriting acquisition
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Landmark Underwriting, a specialty-focused managing general agent (MGA) based…
Resilience extends territorial limits of binding authority with RSA
Cyber risk solutions company Resilience has announced an expanded partnership with RSA Insurance, enabling it to underwrite US-based risks via…
Merchants Insurance Group adopts CLARA Analytics solutions
Merchants Insurance Group has integrated CLARA Analytics' AI technology to streamline its auto liability claims process. This covers the implementation…
World Insurance Associates buys New York’s HML Brokerage
World Insurance Associates has taken over the business of HML Brokerage, a Brooklyn, New York-based insurance provider. Financial details of…