IIR

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

Duck Creek and Experian Partner to Enhance CX and Insurer Risk Data

The partnership will deliver an on-demand SaaS solution using Experian’s iCache platform, which integrates risk information during the underwriting process.

Posted: Jan 06, 2022

Socotra and Avolanta Partner to Help Insurers Launch Modern Digital Experiences

The combined solution from will let insurers deploy both digital front-end experiences for brokers, agents and customers and a robust foundation for mission-critical policyholder data.

Posted: Jan 06, 2022

Guidewire Names John Mullen President and Chief Revenue Officer

The 25+ year industry veteran and former head of North American Markets at Capgemini will assume the newly created role in early February.

Posted: Jan 06, 2022

Holmes Murphy Live with Fraternal Program on Nexsure Insurance Platform

The XDimensional Technologies platform will enable the super-retional broker to streamline the processing and management of the program.

Posted: Jan 05, 2022

HAI Group Selects Betterview’s Remote Property Intelligence Platform

Betterview’s technology lets the affordable housing focused insurer determine which risks can be fast-tracked and which require direct inspection.

Posted: Jan 04, 2022

MS&AD Partners with Geosite and GIC to Speed CAT-Related Claims

The partnership brings U.S.-style spatial data and aerial imagery to Japan to accelerate claims settlements and reduce insurance costs.

Posted: Jan 04, 2022

Fractal Announces $360 Million Investment from TPG

The transaction includes a combination of primary investment and secondary share purchase from funds advised by Apax, which will remain a major shareholder following the transaction.

Posted: Jan 04, 2022

InsurTech NY Opens Third Annual Early-Stage InsurTech Competition

With $200K in prizes at stake, the top teams will be invited to present at the InsurTech Spring Conference held on March 7th at the New York Marriott Marquis.

Posted: Jan 03, 2022

West Bend Mutual Selects CogniSure AI to Automate Commercial Submission Intake

CogniSure AI converts hard-to-digest large commercial loss runs received from other carriers into underwriting summaries in minutes, allowing West Bend to make better risk decisions.

Posted: Jan 03, 2022

Acrisure Expands Technology Platforms with Acquisition of Appalachian Underwriters

The acquisition brings a complementary distribution network and significant investments in AI, machine learning and data analytics.

Posted: Jan 03, 2022

Hi Marley’s Michael Green on Making Insurance Lovable

The AI-based SMS texting platform supplies a P&C specific communication and engagement layer missing from insurers’ investments in core, ERP and CRM systems.

Posted: Dec 30, 2021

MAPFRE to Invest €171M from Bankia Transaction to Accelerate Transformation

The insurer will use the funds to accelerate transformation in Spain and Italy, optimize financial structure, and dedicate €100M to a voluntary retirement program over the next two years.

Posted: Dec 29, 2021

Is ‘Google Insurance’ on the Horizon?

Insurers should expect big players in mainstream tech to influence the property/casualty industry during 2022.

Posted: Dec 27, 2021

Coalition Names Jennifer Livingstone Head of Strategic Agency Management

An industry veteran of more than 25 years, Livingstone was CMO at CNA and VP at predictive analytics startup Cyence.

Posted: Dec 22, 2021

Former AIG Executive Ralph Mucerino Joins Lightico as Strategic Advisor

Mucerino, who has held several senior management roles at AIG across a four-decade career, joins as an advisor at time when Lightico is rapidly growing and taking on major clients.

Posted: Dec 22, 2021

Trellis Launches API Platform For Comparing And Purchasing Car Insurance

Trellis calls its Savvy recommendation platform the industry’s first end-to-end API solution letting consumers instantly compare and purchase car insurance within a partner’s app or website.

Posted: Dec 21, 2021

Sensely Technology Powers Krungthai-AXA Life Insurance’s Avatar-based CX

The ‘Emma by AXA’ avatar uses conversational AI to offers policyholders instant access to a range of convenient healthcare services and policy information in one application.

Posted: Dec 21, 2021

Seamless Service: The Value of an Omni-Channel Approach in Insurance

Too often, channel inefficiencies are a very visible source of friction for the customer. Providing holistic, well-integrated service is possible by transitioning from a multi-channel approach to an omni-channel one.

Posted: Dec 20, 2021

Beneva Selects Global IQX for Group Benefits Underwriting

Canada’s largest mutual insurer will use Global IQX software to streamline group insurance new business and renewals.

Posted: Dec 20, 2021

Novea Closes $55M Funding for Jacana Warranty’s InsureTech Platform

The investments provide statutory and solvency capital within Novea’s insurance division, bolstering its balance sheet for its global insurance underwriting commitments.

Posted: Dec 20, 2021

EXL Grows Analytics Business with Acquisition of Clairvoyant

The acquisition relationships accelerates EXL’s data and analytics focused strategy by expanding key capabilities and strategic relationships.

Posted: Dec 19, 2021

Data Companies Will Explode into the Insurance Market in 2022

In 2022, we will see the growing prominence of datasets as the facilitators of new realms of knowledge for P&C insurers, helping them predict and price risk more efficiently than ever before.

Posted: Dec 19, 2021

bolttech Extends Device Protection Partnership with Samsung to Europe

Begun in seven countries in Asia, the Care+ device protection partnership now covers 13 markets globally, expanding bolttech’s global presence to 30 markets.

Posted: Dec 16, 2021

Archipelago Expands Executive Team with Two Key Hires

Erroin Martin joins the company as Chief Revenue Officer, and Sarah Mears Kim has been named to the Chief Financial & Business Officer role.

Posted: Dec 16, 2021