Cover Genius News

Markets/Coverages: At-Bay Launches Misc. Pro Liability; Cover Genius Partners with Zip

At-Bay Expands Insurance Offerings With Launch of Miscellaneous Professional Liability At-Bay announced the launch of its Miscellaneous Professional Liability (MPL) product, becoming the first to offer an automatically underwritten policy that customizes coverage and pricing across more than 50 diverse …

Cover Genius Expands In Event and Ticketing Industry With Buy of Booking Project

Cover Genius, the insurtech for embedded insurance, said it has acquired Booking Protect, a specialist in embedded ticket protection for ticket sellers, platforms and live event companies such as SeatGeek, Spectrix, AudienceView, and Night Out in the US, Zaiko in …

Markets/Coverages: BTIS and RLI Cater to Home-Based Businesses; Cover Genius Targets Midsize Retailers with Warranty App

BTIS Partners With RLI to Offer Nationwide Home-Based Business Insurance Managing general agent Builders & Tradesmen’s Insurance Services (BTIS) has launched a home-based business coverage that is available nationwide and underwritten by specialty insurer RLI. RLI’s home business insurance protects …

People Moves: WTW Reshapes M&A Practice; Starr Names Relationship Leader; Cover Genius Adds 2

WTW Vows to Grow M&A Practice, Appoints Broking Regional Leader Insurance broker WTW (Willis Towers Watson) announced that Mark Rusas will focus exclusively on leading the Mergers & Acquisitions (M&A) practice within Corporate Risk & Broking (CRB) for North America. …

Insurance Technology: Guidewire Guides Insurers to Insurtechs; Rhino, Cover Genius Offer Embedded Renters Insurance

Guidewire Guides Insurers to Insurtechs Guidewire Software has launched a program designed to connect its property/casualty insurance industry customers to up-and-coming insurtechs. Dubbed, Insurtech Vanguards, the program will highlight insurtechs that bring novel approaches to the industry. The program is …

Australia Insurtech Startup Cover Genius Raises Funds, Boosting Valuation to A$1 Billion

Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million [$72.8 million] from investors including G Squared and Japanese insurer Sompo Holdings Inc. The proceeds — about seven times more than …

People Moves: Corvus Hires from Zurich, IFG; Cover Genius Grabs Munich’s Brune; Kin Names 6 Execs; Snapsheet Promotes Cohen

Corvus Adds Chief Insurance Officer and General Counsel Data science and artificial intelligence-driven commercial insurance provider Corvus Insurance announced the appointment of Lori Bailey as chief insurance officer and Kori Johanson as general counsel. Bailey and Johanson each brings more …

People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs

American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the newly created role, executive vice president, global head of Operations and Chief Digital Officer, AIG. Wade, who has 30 years …

Insurtech Sales Platform Cover Genius Raises $10M for Expansion

Cover Genius, an insurtech that offers an insurance sales and payments tools to online retail, travel, property, shipping and other companies in multiple languages and countries, has raised $10 million in new financing. King River Capital, a Sydney and California-based …