Sector
Workers' compensation insurance companies
24 companies · 71 stories · $45.1M disclosed
Cover an employer carries for injuries to its own staff, priced on payroll and claims history and, increasingly, on workplace safety data. Insurtech Daily tracks 24 companies working in workers' compensation insurance — 11 insurers, 7 insurtechs and 2 MGAs, across 71 stories going back to Nov 20, 2024. Between them they have disclosed $45.1M across 4 funding rounds, the largest CompScience's $27.6M. Every figure is compiled from the coverage on this page.
This page is the companies. See what workers' compensation insurance actually means and the running coverage in Claims & Underwriting.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| CompScience | $27.6M | Series B | — | PR Newswire | |
| Pie Insurance | $7.5M | — | — | The Business Journals | |
| Adaptive Insurance | $5M | — | — | theinsurer.com | |
| Adaptive Insurance | $5M | Seed | Congruent Ventures | Reinsurance News |
Every round is listed with its reporting in the funding tracker, and totals across every sector in the company ranking.
Companies
| Company | Type | Market | Stories | Disclosed |
|---|---|---|---|---|
| Travelers | Insurer | United States | 14 | — |
| Coverdash | Insurtech | United States | 11 | — |
| ERGO NEXT Insurance | Insurer | United States | 9 | — |
| CLARA Analytics | Technology vendor | United States | 6 | — |
| Next Insurance | Insurtech | United States | 5 | — |
| Adaptive Insurance | Insurtech | — | 2 | $10M |
| ANV Comp | MGA | United States | 2 | — |
| Builders Insurance | Insurer | United States | 2 | — |
| CopperPoint | Insurer | United States | 2 | — |
| ICW Group | Insurer | United States | 2 | — |
| ICW Specialty | MGA | United States | 2 | — |
| NJM | Insurer | United States | 2 | — |
| CompScience | Insurtech | United States | 1 | $27.6M |
| Pie Insurance | Insurtech | United States | 1 | $7.5M |
| AmTrust | Insurer | United States | 1 | — |
| Beacon Mutual | Insurer | United States | 1 | — |
| Corporate Insurance Group | Broker | — | 1 | — |
| Employers Holdings | Insurer | United States | 1 | — |
| Sentry | Insurer | United States | 1 | — |
| Stream | Technology vendor | — | 1 | — |
| Turvi | Insurtech | — | 1 | — |
| Veltha | Insurtech | — | 1 | — |
| WCF Insurance | Insurer | United States | 1 | — |
| WCIRB | Industry body | United States | 1 | — |
Where they are
Coverage
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Travelers AI tool lets agents skip workers comp data entry
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State Fund selects Stream for AI claims evidence review
Stream serves insurers, defense firms and employers across workers’ compensation, bodily injury and personal injury claims.
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Investment income is doing the work at Employers as underwriting lags
A 24% jump in net investment income is bridging the gap while the company’s underwriting book works back toward breakeven
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Travelers introduces AI quoting tool for workers compensation
The company announced announced the launch of Travis Upload & Go.
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Beacon Mutual Partners With Massachusetts Restaurant Association
Workers’ compensation specialist Beacon Mutual Insurance Co. and the Massachusetts Restaurant Association (MRA) announced a partnership to provide restaurant owners and operators with workers’ compensation coverage…
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CopperPoint completes acquisition of General Indemnity Group
CopperPoint Insurance Company, a specialty provider of workers’ compensation and commercial property and casualty insurance solutions, has completed its acquisition of General Indemnity Group (GIG) from Boston Omaha…
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CopperPoint Completes Acquisition of Surety Specialist GIG and Tech Platforms
CopperPoint Insurance Co., a workers’ compensation and commercial insurance provider based in Phoenix, has completed its acquisition of Boston-based General Indemnity Group (GIG), an insurance holding company…
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NJM Insurance Inks Brand Partnership with UConn Huskies
UConn Athletics and Learfield’s UConn Sports Properties announced a new brand partnership with NJM Insurance Group, a Mid-Atlantic region insurer. The multi-year partnership includes game day visibility during all…
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Insurtech Coverdash and 7shifts launch pay-as-you-go workers’ compensation insurance
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Travelers increases ceded percentage to cyber quota share reinsurance: CFO Frey
US primary insurer Travelers has expanded the amount of risk it cedes through its cyber quota share reinsurance treaty, a strategic move designed to manage risk exposure that will dampen top-line premium growth through…
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ERGO appoints Guy Goldstein as Chief AI Officer
The new AI role will support implementation across its insurance value chain and markets.
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Travelers on Muse: “It’s early days”
The comments come as Meta positions insurance as a use case for its AI agents.
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Travelers Reports Solid Underwriting, Record Investment Income for Q3
Travelers Insurance reported continued solid underwriting and historic investment income for the third quarter along with higher catastrophe losses. “It was another in a run of successful quarters, with very strong…
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Insurtech ERGO NEXT launches AI property inspections for small business insurance
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Coverdash partners with 7shifts
7shifts provides workforce management software for restaurants.
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ERGO NEXT Insurance Launches AI-Powered Property Inspection Tool for Commercial Property Insurance
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ICW Re selects Ultrassure’s AI workspace to support reinsurance workflows
Ultrassure, an AI workspace for insurance and reinsurance, has announced that it has been selected by ICW Re, a global multi-line reinsurer, to support certain underwriting, operations and claims-related workflows…
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The Latest Launches from Soteris, CLARA, Cozmo AI
Soteris, a machine learning company for the property/casualty insurance industry, announced the launch of a new product that helps carriers and MGAs make more money from their current distribution network without any…
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Coverdash launches Claude connector for business insurance
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Coverdash launches Claude connector for business insurance
The connector is intended as a complement to Coverdash employees.
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Bluevine and Coverdash Partner to Embed Business Insurance for Small Businesses
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ICW Group Expands Commercial Lines Portfolio in California
ICW Group Insurance Companies is launching five commercial lines for California businesses to complement the company’s workers’ compensation offering. The company is now accepting submissions for policies effective Jan.…
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Bluevine partners with Coverdash
The companies are bringing commercial insurance into the Bluevine platform.
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Bluevine and Coverdash Partner to Bring Embedded Business Insurance to Small Businesses
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Hippo scales homeowners claims with AI agent Clara
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ANV appoints Sarthak Sharma to lead US Transactional Risk business
ANV Group Holdings Ltd. (ANV), a global insurance intermediary platform, has appointed Sarthak Sharma as head of its US Transactional Risk business, while also announcing that Colin Addy and Greg Conroy have departed…
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CLARA Analytics launches ‘first’ agentic claims intelligence platform
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced the launch of its new platform, Agentic Intelligence, the industry’s first end-to-end AI workforce…
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Cyber Threats the Top Business Concern as AI Heightens Risk: Travelers Risk Index
The rapid growth and lack of governance or regulation in the use of artificial intelligence has once again made cyber threats the top concern among businesses. According to the latest Risk Index from insurer Travelers…
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CLARA Analytics unveils end-to-end agentic claims intelligence platform
CLARA Analytics has launched Agentic Intelligence, which it describes as the industry's first end-to-end AI workforce built for complex casualty and workers' compensation claims. Built into the CLARAty.ai platform, it…
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Cyber Threats the Top Business Concern as AI Heightens Risk: Travelers Risk Index
The rapid growth and lack of governance or regulation in the use of artificial intelligence has once again made cyber threats the top concern among businesses. According to the latest Risk Index from insurer Travelers…
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Travelers Risk Index: Cyber Threats the Top Business Concern as AI Heightens Risk
The rapid growth and lack of governance or regulation in the use of artificial intelligence has once again made cyber threats the top concern among businesses. According to the latest Risk Index from insurer Travelers…
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Specialty Comp Insurance Solutions rebrands as ANV Comp
The business provides monoline workers’ compensation coverage to middle-market employers through wholesale brokers.
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Insurance moves: Builders Insurance, Pharmacists Mutual, Keystone, Patriot, MS Transverse, more
Keystone's new national brokerage leader brings Marsh and Baldwin Group placement experience to 180-plus agency partners - and a Cincinnati claims leadership change folds oversight under the chief legal officer, a…
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People: Builders Insurance Names Jasmund Board Chairman
Atlanta-based Builders Insurance Group has named David Jasmund, a longtime board member and investment banker, as chairman of the board. Jasmund succeeds Charles Potok, who retired last month after three years as…
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Inszone acquires Corporate Insurance Group
Corporate Insurance Group specializes in workers’ compensation, commercial auto and general liability.
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NJM takes Penguins club naming rights
NJM will also sponsor the Penguins’ Center Ice Networking Series, receive in-arena signage and video-board exposure, and digitally sponsor the team’s Peng-WIN content series.
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Insurtech Veltha builds AI claims adjuster for workers’ comp and crop insurance
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ANV to acquire vehicle warranty MGA Car Care Plan from AmTrust
Insurance intermediary platform ANV Group Holdings has agreed to acquire UK-based vehicle warranty MGA Car Care Plan from AmTrust Financial Services.
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Insurance moves: Sedgwick, ALKEME, ICW Specialty, C3, Humana, Ameritas
ICW Specialty's legacy workers' comp LPT platform is its fourth product line in 12 months. Humana's new CMO shapes how AI changes care delivery at one of the country's largest health plans. Both matter for brokers now
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ICW Specialty introduces Legacy Solutions platform, led by Lisa Walsh
ICW Specialty, the specialty insurance business unit of ICW Group, has launched Legacy Solutions, a new platform designed to help self-insured corporations and other organisations manage and transfer long-term insurance…
The 40 most recent of 71 stories naming one of these companies.