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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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South Korea’s DB Insurance to acquire Fortegra in $1.65bn deal
(Reinsurance News – September 26, 2025) DB Insurance Co., Ltd., the second largest non-life insurer in South Korea, is set to acquire 100% of the outstanding shares of The Fortegra Group, Inc., a US-based specialty insurer, for approximately $1.65 billion (approximately KRW 2.3 trillion) in cash, from Tiptree and Warburg Pincus. The takeover is expected to…
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Oakbridge expands agricultural reach with Alliance Ag partnership
(September 5, 2025 – Insurance Business Magazine) Oakbridge Insurance Agency LLC has entered into a new partnership with Mississippi-based Alliance Ag Risk Management, an agency specializing in agricultural and crop risk management. The move strengthens Oakbridge’s presence in the agribusiness sector, a market where demand for specialized risk solutions continues to grow. Alliance, led by CEO…
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Penn-America Acquires Commercial Insurance Distribution Marketplace Sayata
(September 4, 2025 – Insurance Journal) Global Indemnity Group announced that its subsidiary Penn-America Underwriters has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations platform for commercial insurance. Global Indemnity Group said the acquisition complements the recent reorganization of Penn-America Underwriters to focus on agency and insurance services and will expand…
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BriteCore Appoints Chief Revenue Officer to Drive Growth and Market Expansion
(Spetember 3, 2025) BriteCore, the leading provider of cloud-native policy administration software solutions for property and casualty (P&C) carriers and MGAs, is pleased to announce the appointment of Jed Coiteux as Chief Revenue Officer (CRO). Reporting directly to CEO Ray Villeneuve, Jed will oversee BriteCore’s revenue strategy, driving growth, market expansion, and customer value delivery. BriteCore…
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Skyward Specialty Agrees to $555M Buy of Apollo Group From PE Firm Alchemy
(September 3, 2025 – Insurance Journal) Skyward Specialty Insurance Group said it has a definitive agreement with the majority sellers to acquire 100% of Lloyd’s insurer Apollo Group Holdings Ltd. from private equity firm Alchemy for a total of $555 million in a mix of cash and shares in Skyward Specialty. Apollo is a U.S-centric specialty…
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Dyad Launches ALIS DX to Empower MGAs, Wholesalers, and Program Admins to Work Smarter and Move Faster
(August 19, 2025) Dyad, a software provider powering modern insurance distribution, today announced the general availability of ALIS DX, a more efficient and scalable end-to-end platform for Managing General Agents (MGAs), wholesalers, and program administrators. The general availability of ALIS DX builds upon successful migrations among an initial group of ALIS customers to the updated platform,…
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Novatae Risk Group Names Nick Greggains As Its New Leader
(August 25, 2025) Novatae Risk Group (Novatae), the wholesale business of leading insurance brokerage World Insurance Associates (World), announced today that Richard Kerr, CEO, has left the firm effective August 22, 2025, and its president, Nick Greggains, is assuming all of Kerr’s responsibilities effective immediately. “We wish Richard well in his new endeavors and thank him…
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Doe and Emuss Welcomes Industry Veteran John Watmough
(August 20, 2025) Doe & Emuss (D&E), a boutique Professional Liability specialist underwriting manager, welcomes industry veteran John Watmough to the team. Specialist underwriting agency Doe and Emuss is pleased to announce the appointment of John Watmough, a seasoned Professional Liability expert with more than 25 years’ experience in the London insurance market. Based in London,…
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