IIR

Foresight Workers’ Comp InsurTech Closes $39M Series B Round

Led by OMERS Ventures and with participation from Digital Garage Ventures, the George Kaiser Family Foundation, the round brings the total raised to $59 million.

Posted: Jan 18, 2022

Co-operative Insurance Selects Betterview’s Remote Property Intelligence Platform

The solution leverages aerial imagery, proprietary ML algorithms, and third-party partner data to give property/casualty insurers, a better understanding of risk.

Posted: Jan 17, 2022

RepairPal Partners with Trellis to Match Customers with Auto Insurance Option

Consumers using the RepairPal auto repair network website can now take advantage of Savvy, Trellis’s all-in-one platform for comparing and buying car insurance policies.

Posted: Jan 17, 2022

RepairPal Partners with Trellis to Match Customers with Auto Insurance Options

Consumers using the RepairPal auto repair network website can now take advantage of Savvy, Trellis’s all-in-one platform for comparing and buying car insurance policies.

Posted: Jan 17, 2022

Sollers Consulting Partners with Insicon to Implement Low-Code i2i Core System

The partnership between the Warsaw- and Stockholm-based firms will initially target small and mid-sized insurers, as well as investments in incubator products for larger insurers in Europe.

Posted: Jan 16, 2022

Accelerant Raises $190M+ to Further Develop Underwriting Data Platform

The company seeks to innovate the way underwriters share and exchange risk to improve outcomes for program managers, primary issuing carriers, and ultimate risk-bearers.

Posted: Jan 13, 2022

Vertafore Names Liz Nguyen CTO

Nguyen assumes the role after a two-year tenure as Vertafore’s VP of product development.

Posted: Jan 13, 2022

Unum UK appoints Will Major as Chief Change Officer

The 13-year Prudential PLC veteran assumes the new role alongside a fivefold increase of investment in growth initiatives.

Posted: Jan 13, 2022

Unum UK Appoints Will Major as Chief Change Officer

The 13-year Prudential PLC veteran assumes the new role alongside a fivefold increase of investment in growth initiatives.

Posted: Jan 13, 2022

Foresters Advances Policyholder Engagement with ‘Purpose and Community’ Feature

The new feature builds onto the recently launched Foresters Go engagement app and benefits ecosystem, providing a foundation for redefining life insurance and driving product innovation.

Posted: Jan 13, 2022

Mercury Insurance Launches One Inc ClaimsPay

The application will enable Mercury to speed up the claims payment process and and efficiently transfer claims payments using a variety of digital payment options.

Posted: Jan 12, 2022

Charles Taylor Strengthens Claims Solutions with Acquisition of Underwriters Safety & Claims

The acquisition of US&C expands Charles Taylor’s claims management footprint and enhances the managed care solutions offered to clients.

Posted: Jan 12, 2022

Bubble Launches Online Embedded Insurance ‘Insurance-in-a-Box’ for Housing Industry

The digital insurance platform conveniently connects mortgage and real estate companies’ customers with homeowners’ and term life policies suited to their specific needs.

Posted: Jan 12, 2022

Practical Tips for Choosing Your Tech Partner—and Getting ROI

Here are four practical considerations decision-makers should apply to qualify if a vendor or partner can truly deliver that digital transformation and business impact.

Posted: Jan 11, 2022

InsurTech KYND Secures £3.25M Investment from BGF

Through its API-based platform, KYND aims to make the cyber-insurance market more efficient and well-equipped to deal with the deluge of attacks facing small and mid-market companies.

Posted: Jan 11, 2022

Tokio Marine Kiln Taps Accenture to Transform Finance and HR with Workday

Migration to the cloud aims to drive new operational efficiencies, reduce risk and enhance the user experience.

Posted: Jan 11, 2022

SGI CANADA Subscribes to Guidewire Cloud to Enable Digital Transformation

The insurer says its partnership with Guidewire will allow it to best support its brokers in meeting customer expectations and responding to their changing needs.

Posted: Jan 11, 2022

Duck Creek Technologies Expands Partnership with Precisely

The data integrity solutions provider has launched a new integration with Duck Creek Policy, the tenth such integration between Precisely and the Duck Creek Platform.

Posted: Jan 10, 2022

Harford Mutual Selects Origami Risk to Streamline Claims

The SaaS claims solution will support the insurer’s accelerated growth through a focus on quality services.

Posted: Jan 10, 2022

AXA Climate Selects CoreLogic as Data Provider for Parametric Hail Protection

The insurer sees the hail product as a starting point for potential collaboration with CoreLogic to provide data for other risks suitable for parametric protection.

Posted: Jan 10, 2022

MAPFRE Partners with Tractable to Apply AI to Auto Claims

The solution, which will first be applied at MAPFRE’s operations in Brazil, is designed to accelerate the return of vehicles to customers after an accident by as much as two weeks.

Posted: Jan 09, 2022

Bdeo Partners with CAB Group to Bring Visual Intelligence to Nordic Markets

The alliance will allow CAB’s insurance customers in the Nordic markets to benefit from the Spanish InsurTech’s solutions.

Posted: Jan 06, 2022

Parametric Insurance: Bridging or Widening the Protection Gap?

Parametric insurance products are often best incorporated into a policyholder’s insurance product portfolio as a coverage add-on to a traditional policy rather than the base cover itself.

Posted: Jan 06, 2022

SteadPoint Insurance Group Achieves Rapid Growth on Insurity Workers’ Comp Suite

The carrier/MGA quickly grew to nine states across the southeast before its recent national expansion, crediting Insurity’s speed-to-market and configurable self-service tools as key.

Posted: Jan 06, 2022

Root Insurance Selects Tractable as AI Partner to Streamline Claims

Root will launch the partnership with the AI Subro solution from Tractable to enable Root to assess and respond to subrogation demands more accurately and efficiently.

Posted: Jan 06, 2022