IIR

Hampden Risk Partners Selects VIPR for Bordereaux Data Management, Analytics and Reporting

VIPR will manage risk data for HRP/Lloyds syndicate 2689 from approximately 2,000 bordereaux received from up to 50 different delegated underwriting entities.

Posted: Jun 08, 2023

The Pros and Cons of Single-tenant v. Multi-tenant SaaS RMIS

With the growing RMIS landscape, it can sometimes be hard to identify which solution is right for your organization’s needs. That decision can start with determining the framework build– single-tenant or multi-tenant.

Posted: Jun 07, 2023

Driver Technologies Raises $6M Strategic Funding Round

AI mobility safety company receives funding, co-led by IA Capital and CT Innovations, to create a safer driving experience.

Posted: Jun 07, 2023

Canopius US Insurance Deploys OWIT Global Bordereaux Management Solution

Canopius required a solution to meet the challenges of processing bordereaux data: to consume, cleanse, transform, and load incoming MGA and TPA bordereaux data.

Posted: Jun 07, 2023

QBE North America Selects Guidewire Cloud

The QBE division originally selected ClaimCenter in 2011 to simplify its claims processing and meet growing business and customer demands.

Posted: Jun 07, 2023

Alberta Motor Association Deploys Guidewire Cloud

A Guidewire customer since 2015, the AMA has elected the cloud deployment to boost business agility and accelerate speed-to-market.

Posted: Jun 06, 2023

Cover Whale Appoints Chief AI Officer

The commercial trucking insurance provider aims to become an ‘AI-first’ company, with the new position designed to spearhead the rapid adoption of AI company-wide.

Posted: Jun 06, 2023

Business and Technology Trends for Property/Casualty MGAs in 2023

While they’re not a new type of distributor, the way MGAs function in the market is changing. Here we share a few key trends to keep an eye on.

Posted: Jun 05, 2023

Insurity Partners with e2Value to Provide Insurers Valuations and Replacement Costs

During a limited-time promotion with e2Value, Insurity customers can leverage fast and convenient valuations to grow their business.

Posted: Jun 05, 2023

Munich Re Specialty Group North America Deploys Majesco P&C Intelligent Core Suite

The deployment enables a new operating model supporting multiple specialty lines of business including Inland Marine, Cyber, Terrorism, and Ocean Marine.

Posted: Jun 05, 2023

Meanwhile Digital Asset-Denominated Life Launches with $19M Funding

The fully BTC-denominated life insurer funded by OpenAI CEO Sam Altman and Google-Backed Gradient Ventures leverages AI to offer efficient solutions.

Posted: Jun 05, 2023

OneDegree Global, Partners with Microsoft to Drive Cybersecurity Innovations

The vendor will integrate Azure OpenAI Service into its IXT InsurTech and Cymetrics cybersecurity solutions, to enable practical breakthroughs.

Posted: Jun 04, 2023

Embroker Releases New Digital Excess Tech E&O Cyber Product for Brokers

The fully digital tool empowers brokers to quickly and easily supplement traditional and InsurTech E&O/cyber policies with overhanging limits up to $5 million.

Posted: Jun 04, 2023

Ledgebrook Deploys Socotra Connected Core, Targeting the Wholesale Broker Market

The end-to-end platform empowers Ledgebrook to redefine speed and service in the U.S. wholesale broker market by offering a faster and simpler quoting experience.

Posted: Jun 01, 2023

Can AI Help Reduce Underwriter Fatigue?

Carriers would be to begin incorporating AI into their existing systems, as AI tools have been shown to be highly effective at alleviating work pressures through automation.

Posted: Jun 01, 2023

Albert Zhou Joins Corvus Insurance as Chief Risk Officer

The former SynchronoSure, SiriusPoint exec will focus on best-in-class risk and actuarial practices by overseeing pricing, reserving, systemic risk modeling, risk accumulation, and aggregation.

Posted: Jun 01, 2023

Navigating the AI Frontier: An Imperative for P&C Insurers in Uncharted Territory

The challenge is not about whether to act, but how best to navigate the uncharted territory of AI and Large Language Models, such as ChatGPT.

Posted: Jun 01, 2023

Absa Life Selects Sapiens to Modernize its Non-Underwritten Life Systems

Sapiens CoreSuite for Life and Pensions coupled with Sapiens Cloud Services provides a turnkey solution for expanding Absa’s life business.

Posted: May 31, 2023

AFCO’s PayMyPremiums Now Directly Integrates with Vertafore’s AMS360

The integration is designed to deliver increased administrative efficiencies for agencies using AFCO and AMS360.

Posted: May 31, 2023

Modern Life Offers Suite of Prudential Protection Products

Advisors utilizing tech-enabled brokerage gain access to insurer’s suite of term and permanent products.

Posted: May 31, 2023

Atidot Launches New AI Platform

This platform includes cutting-edge features designed to optimize life insurance analysis of a complete book of business and customer engagement.

Posted: May 30, 2023

Popularization of AI Fosters Insurance Innovation

Traditional methods of filing claims have remained largely unchanged for decades, and this is no longer acceptable but they will be replaced by new, touchless options that use AI to minimize human interactions and cut down on the amount of time waste...

Posted: May 30, 2023

Ohio Mutual Selects Marias Technology for Implementation Services.

Marias will initially provide specification writing and documentation services for policy admin system implementation, expanding into other services as the relationship progresses.

Posted: May 30, 2023

Empathy and Majesco Partner to Benefit Life Insurance Carriers and Beneficiaries

The two companies join forces to elevate the beneficiary experience by equipping life insurers with advanced technology and value-added support services.

Posted: May 30, 2023

Chris McCloskey Joins Duck Creek as Chief Operating Officer

McCloskey is charged with driving key strategy, operational and transformation initiatives across the entire business, particularly within its customer and professional services organizations.

Posted: May 29, 2023