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Azur Technology Launches U.S. Headquarters in Washington, D.C. to Power Fast-Growing MGA Market with MGA Connect
(December 11, 2025 – EINPresswire.com) Azur Technology, a UK-based insurtech company, has announced the opening of its U.S. headquarters in Washington, D.C., reinforcing its long-term commitment to the fast-growing U.S. Managing General Agent (MGA) and program business sector. The U.S. MGA market is undergoing a historic expansion. According to the TMPAA State of Program Business…
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District Cover Secures $6 Million in Funding to Expand Access to Insurance for Urban Businesses
(November 12, 2025) District Cover, a tech-enabled insurance agency making insurance more accessible for businesses in America’s urban centers, today announced the close of a $6M funding round. The investment will fuel District Cover’s growth in team, product development, platform enhancements, strategic initiatives, and city partnerships that advance its mission of bringing broad, affordable coverage to…
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Ambac Financial Group Rebrands as Octave Specialty Group, Inc.
(November 11, 2025 – Business Wire) Ambac Financial Group, Inc. (NYSE: AMBC) today announces it has rebranded to Octave Specialty Group, Inc. (“Octave”), marking the next phase of its transformation into a leading specialty insurance platform. The company will begin trading under its new ticker symbol “NYSE: OSG” on November 20, 2025. The rebrand follows the…
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AM Specialty names new CEO of subsidiary
(October 28, 2025 – Insurance Business Magazine) AM Specialty Insurance Group has announced the promotion of Dominick Tassone Jr. to chief executive officer of AM Specialty Insurance Company (ASIC U.S.), effective Jan. 1, 2026. The appointment marks a key step in the company’s broader strategy to strengthen its executive team and accelerate its expansion in the…
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Flood insurer Wright agrees to buy Poulton
(October 24, 2025 – Business Insurance) National Flood Insurance said Friday that its affiliate, Wright National Flood Insurance Services, an operating company of Arrowhead Programs, has entered into an agreement to acquire the assets of private flood insurance providers Poulton Associates. Terms of the transaction were not disclosed. The transaction is expected to close in November…
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INTX Launches ReinsureConnect Software Revolutionizing Ceded Reinsurance Management
(October 14, 2025) INTX Insurance Software, a provider of fully integrated core solutions for the entire P&C insurance policy lifecycle, today announced the launch of INTX ReinsureConnect, a cloud-native, AI-ready system that centralizes and streamlines ceded reinsurance operations across all lines of business for fronting carriers and carriers that rely on re-insurance. The solution, which has…
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Christopher Pesce Appointed Executive Vice President at Arrowhead Programs
(October 7, 2025) Arrowhead Programs has announced the appointment of Christopher Pesce as executive vice president and member of its senior leadership team. This announcement coincides with the integration of One80 Intermediaries’ programs portfolio into the newly formed programs division of Arrowhead Intermediaries. Previously, Pesce served as divisional president of One80 Programs, where he helped to…
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One80 Intermediaries officially joins Arrowhead Programs and Bridge Specialty Group
(August 12, 2025) Arrowhead Intermediaries, the newly established parent brand for Bridge Specialty Group, Arrowhead Programs and One80 Intermediaries, today announced a new organizational structure, brand identity and leadership framework, marking a significant milestone in the evolution of its specialty distribution platform. These developments aim to strengthen market positioning, enhance operational agility and deliver greater value…
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Insillion and Functional Finance Announce Full Availability of Integrated MGA Billing + Policy Admin Solution
(October 8, 2025) Insillion, a provider of Pay-as-you-Grow policy administration and claims software, today announced that its partnership with Functional Finance, the specialist billing system for insurance, has delivered a fully live and integrated solution for Managing General Agents (MGAs) and carriers. By combining Insillion’s cloud-based policy administration platform with Functional Finance’s API-driven billing system,…
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FurtherAI Raises $25 Million From Andreessen To Automate Insurance Workflows
(October 7, 2025 – Forbes by Charlie Fink) Insurance is a $7 trillion business, but most of its professionals spend more time wrangling documents than weighing risk. San Francisco-based FurtherAI wants to change that, and Andreessen Horowitz just wrote a $25 million Series A check to speed it along. Y Combinator and Nexus Venture Partners also…
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Novacore to Acquire Real Estate Insurance MGA Minglewood Risk
(October 2, 2025 – Insurance Journal) Novacore, the specialty insurance managing general agent (MGA) formerly the U.S. commercial division of NSM Insurance Group, has agreed to acquire Minglewood Risk, an MGA specializing in habitational and real estate coverages. Founded in Langhorne, Pennsylvania, with core markets in New York, New Jersey, Pennsylvania, Colorado and California, Minglewood Risk…
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BriteCore Unveils Next Wave of Core System Innovations to Transform Claims, Payments, and AI for Mid-Sized Insurance Carriers and MGAs
(September 29, 2025) BriteCore, the leading provider of cloud-native core insurance solutions for P&C insurers and MGAs, today announced three major areas of product innovation designed to streamline insurance operations, lower costs, and harness the power of emerging technologies. These advancements—spanning claims, payment processing, and artificial intelligence—reinforce BriteCore’s commitment to helping carriers operate more efficiently,…
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