The Ticker

Acquires U.K.-based geospatial intelligence and event response specialist McKenzie Intelligence Services, which specializes in catastrophe and conflict event analysis. McKenzie will become part of Verisk’s Catastrophe and Risk Solutions. Terms of the transaction were not disclosed. >> Elevates Harry White to lead its Property Claim Services business, which offers independent industry loss estimates for catastrophe and other events globally for the insurance, reinsurance, and insurance-linked securities sectors. White has worked at Verisk for 16 years. >> Elevates Prarthna Kapur to senior vice president and head of its Verisk Maplecroft global risk analytics team focused on sustainability and political risk intelligence. Kapur has been with Verisk for about four years and most recently was head of product at Maplecroft.

Raises $120 million for the company that builds agentic AI for high-stakes legal work. The Series C brings total funding raised to $260 million since the business’s inception three years ago. The funds will be used for hiring and other purposes.

Says it has raised $30 million in funding for the AI operating and decisioning system for financial services, insurance, and wealth management firms.

Completes $50 million Series C round, bringing total funding for the AI-powered travel insurance platform to $100 million. The provider will use the funding to accelerate growth, including expansion into new markets, partnerships with online travel agencies, airlines, cruise lines, and other outlets.

Partners with Chubb’s Healthy Paws to provide pet insurance inside the app, which provides a social media channel and related services for dog owners.

Acquires German insurtech and bancassurance platform Friendsurance. Terms were not disclosed.

Activates the OMNI AI-native decision intelligence system, which serves as the foundation for the company’s specialty insurance business, supporting underwriting, claims, cybersecurity services, and other capabilities.

Rolls out its login security feature to help small and midsize companies avoid business email compromise, which is the leading driver of cyber insurance claims. Coalition’s Login Security watches for suspicious login behaviors, contains confirmed threats, and ejects attackers in milliseconds.

Launches its agentic email-to-quote system to help carriers automatically provide quotes on unstructured broker email submissions. The platform returns a quote, decline, or referral to the broker by email.

Selects John Kellington as CEO. Kellington was previously chief information officer of Cincinnati Insurance and prior to that a senior vice president at ACORD, the global electronic standards-developing group for the insurance industry.