CHICAGO, Aug. 26, 2025 /PRNewswire/ — Rivvit, a leading data management and reporting platform for the financial services industry, today announced that Coaction Specialty Insurance Group (Coaction) has adopted its platform to automate reporting, strengthen compliance oversight, and gain real-time insights to support portfolio decision-making. This deployment underscores Coaction’s commitment to innovation and its strategic focus on leveraging data-driven solutions across the organization.
“Insurance companies are drowning in data which can be challenging to manage. Our platform gives asset managers and insurers a trusted foundation to manage data complexity, meet regulatory demands, and seamlessly scale their operations,” said Matt Biver, Co-Founder and CEO of Rivvit.
“What makes Rivvit unique is the combination of deep data expertise and a strong understanding of insurance asset management, which is an uncommon pairing that ensures solutions are both technically sound and industry-specific. And because Rivvit can be deployed within a matter of weeks, clients realize value almost immediately,” he added.
Rivvit centralizes investment data into a single, trusted source, enabling firms to automate investment committee and board reporting, manage asset allocations to specific sectors and external managers, track regulatory compliance, and assess portfolio performance in real time without relying on manual spreadsheets.
The platform frees teams to focus on insights rather than assembling data and slides. It also supports flexible data queries and time series analysis for key metrics such as yield, duration, credit quality, and manager exposure.
“We take our clients from reactive to proactive,” said Biver. “If they need to spot manager overlap, track strategic asset allocation versus targets, or attribute performance trends to any given level of granularity, Rivvit makes it possible.”
About Coaction
Coaction Specialty Insurance Group (Coaction) is a privately-owned, specialty P&C insurer underwriting across seven major product verticals: Property, Primary Casualty, Excess Casualty, Entertainment, Professional Lines, Binding Authority, and Marine, Energy & Transportation.
For more information, visit https://www.coactionspecialty.com/
About Rivvit
Founded in 2019, Rivvit is a cutting-edge data management and reporting platform that simplifies complex data processes for financial institutions. With Rivvit, users unify and access data across systems, ensure data quality, and automate reporting on a scalable platform. Whether as an end-to-end software solution or a managed service, Rivvit empowers investment managers with the tools to unlock the full potential of their data. Learn more at www.rivvitdata.com.
SOURCE Rivvit Inc.
