IIR

Just Insure Raises $8M Funding to Grow Pay-Per-Mile Proposition

Policyholders load up an account balance that declines with miles driven, and every 30 days the insurer changes the premium rate based on changing information.

Posted: Sep 22, 2021

bolttech Extends Series A Funding Round to $210M

The company welcomes two new strategic investors, EDBI and Alma Mundi Ventures to its series A to accelerate its international expansion.

Posted: Sep 22, 2021

Tokio Marine Highland Selects Sapiens to Accelerate Claims Transformation

Sapiens cloud solution for claims will provide Tokio Marine Highland agility, effectiveness and functionality, while reducing overall costs.

Posted: Sep 21, 2021

Metromile Enterprise Integrates Dwolla to Automate Insurance Claims Payments

Through the new partnership, Metromile Enterprise enables insurers to offer digital, real-time payments to resolve claims more quickly and accurately.

Posted: Sep 21, 2021

USAA Adopts HOVER to Help Digitize Claims

The vendor’s proprietary technology will help quicken claims response time by leveraging smartphone photos and an easy-to-use app.

Posted: Sep 20, 2021

FCCI Insurance Group Selects Cloud-Based Duck Creek Distribution Management

The commercial lines insurer will use Duck Creek Distribution Management OnDemand to attract, retain, increase productivity, and build trust with agents and brokers.

Posted: Sep 20, 2021

Xceedance Launches Digital-First Claims TPA Service

James Maddiona will lead the full-service claims operations services to insurance companies worldwide, with a focus on advanced and intelligent automation to close claims faster and improve visibility.

Posted: Sep 20, 2021

Farmers Insurance Introduces Mobile Robot for Catastrophe Claims, Property Inspections

Built by Boston Dynamics, robot ‘Spot’ will help reduce the time required to capture data and augment the in-field claims review process.

Posted: Sep 19, 2021

Vitech Names Richard Hart CEO

Hart served as Vitech’s interim CEO from March 2021 and has served on Vitech’s Board of Directors since 2019.

Posted: Sep 19, 2021

Protecting Personal Data is as Important as Protecting Hardware

This risk has delivered to insurers a significant opportunity to improve brand loyalty, increase customer satisfaction and even gain a new revenue stream by giving customers a means to safeguard their digital assets as well as their physical ones.

Posted: Sep 19, 2021

Mike Hollingsworth Joins XDimensional Technologies as CTO

Hollingsworth will oversee the company’s IT and Application Development organizations.

Posted: Sep 16, 2021

Branch Insurance Partners with Safekeep to Maximize Claims Recovery

The partnership aims to identify and maximize Branch’s recovery opportunities across all insurance products using Safekeep.

Posted: Sep 16, 2021

Previsico Raises £1.75M to Support Growth, Next-Gen Flood Warning Solution

The solution provides hyper-accurate flood forecasting and flood warnings down to individual property level, to address increasing flood losses, worldwide.

Posted: Sep 16, 2021

Hippo Partners with Home Builders to Simplify Home Insurance Purchases

The Hippo Builders Program integrates home insurance directly into mortgage and title purchases, providing a digital closing experience for homebuyers.

Posted: Sep 16, 2021

Looking Forward to InsureTech Connect 2021 with Caribou Honig

The co-founder of ITC shares his thoughts about the return of the event while the pandemic continues, how the industry has evolved during the intervening year, and what some of the hottest technology areas are for insurance in 2021.

Posted: Sep 16, 2021

insured.io Launches insured.io Insights

New client portal adds self-service options and transparency to customer capabilities.

Posted: Sep 15, 2021

CoreLogic Completes Acquisition of Next Gear Solutions

The acquisition expands CoreLogic’s suite of claims workflow solutions designed to transform and digitize the P&C insurance claims marketplace.

Posted: Sep 15, 2021

Ascend Raises $5.5M Seed Round to Modernize Insurance Financial Infrastructure

Live in 20 states across the U.S., Ascend’s API provides distributors with the technology to sell more policies and increase customer experience.

Posted: Sep 15, 2021

iCover Raises Seed Funding, Announces Partnership with KSKJ Life

The company says it will use the funds raised to expand insurance distribution through a direct-to-consumer offering, increase technical staff and expand sales and marketing efforts.

Posted: Sep 14, 2021

Lawcover Goes Live on Duck Creek Suite OnDemand

The insurer’s goal was to transform its business by replacing its aging legacy systems and migrating its legacy policy, party, and claims data to its new Duck Creek solutions.

Posted: Sep 14, 2021

Ecosystem Enablement Gives Group & Voluntary Benefits More Than a New Market

We can extrapolate from the example of the iPhone how insurers are now open to creating an increasing array of customer-focused products that are integrated to employer ecosystems and other devices within their ecosystems.

Posted: Sep 14, 2021

Vantage Selects Majesco Platforms to Drive Insight-Driven Underwriting

Vantage Group Holdings Ltd needed a next generation core and digital solution that would adapt and keep pace with risk market shifts and rapid growth plans.

Posted: Sep 14, 2021

Sproutt Raises $26M for Life Insurance that Incentivizes Healthy Behavior

The company now offers instant-issue life-insurance policies both direct-to-consumers and through the 1.2 million licensed insurance sellers in the US via its new Agent Platform.

Posted: Sep 13, 2021

Foresters Financial Launches Wellness Platform in Partnership with dacadoo

Foresters Go features an intuitive user interface that offers personalized goals and interactive coaching.

Posted: Sep 13, 2021

Bestow Completes Acquisition of Centurion Life Insurance Company

As the first full-stack life insurance carrier, Bestow gains the autonomy to design and launch a suite of innovative financial protection products on its platform.

Posted: Sep 13, 2021