IIR

Aon Names Paul Schultz Global Vice Chair of Reinsurance

Richard Pennay, CEO of Insurance-Linked Securities for Aon Securities, will become CEO of Aon Securities, reporting to Andy Marcell, CEO of Risk Capital and Reinsurance Solutions.

Posted: Oct 03, 2024

Microinsurance Network Announces Partnership with The African Insurance Organisation

The partners aim to create a platform for knowledge sharing, capacity building, and the promotion of product development to enhance inclusive insurance on the continent.

Posted: Oct 03, 2024

Helene Causes Insured Losses near $6.4B: KCC Flash Estimate

While Florida’s capital had a close call, the storm moved rapidly inward and poured record amounts of rainfall on the steep terrain of eastern Tennessee and west North Carolina.

Posted: Oct 03, 2024

Blink Parametric Launches Flight Disruption Cover with Travel Insurance Saver

The Online Travel Insurance Saver platform is part of the Insurance intermediary Rothwell & Towler portfolio of specialist travel and lifestyle insurance brands.

Posted: Oct 02, 2024

OneShield Expands Technology Ecosystem with Charlee.ai

The integration will empower OneShield’s insurer clients to deliver faster decisions, reduce costs, and ultimately provide a superior customer experience.

Posted: Oct 01, 2024

Insurity Launches AI-Powered Solution to Exctract Data from Documents

Insurity Document Intelligence, Powered by OIP Robotics, uses advanced AI to extract data from documents with 99 percent accuracy, reducing costs and enhancing efficiency and productivity.

Posted: Oct 01, 2024

Duck Creek Launches Payments Facilitator End-to-End Payment Solution

The new solution simplifies insurance carriers’ payments, delivering secure transaction capabilities as part of the Duck Creek Platform.

Posted: Oct 01, 2024

BriteCore Names Erik Verbeek Chief Customer Officer

Verbeek brings over two decades of SaaS experience in customer success at prominent companies such as including 15Five, Box, Autodesk, and Adobe.

Posted: Sep 30, 2024

GFT and Vitech Partner on Digital Transformation for Group Insurers

The companies say they are building on their successful at Beneva to enable group insurers across North America to compete against each other and new digital entrants.

Posted: Sep 30, 2024

Heavy Weather – Impact of Storm Related Losses on Insurance and Banking

Some risks may not be coverable at a price customers can sustain, so getting ready for that future sooner, rather than later, may be an idea whose time has come.

Posted: Sep 29, 2024

Hollard Group Risk Deploys Sapiens Data Suite

DataSuite will accelerate the migration of HGR’s business and align processes with Sapiens CoreSuite for Life & Pensions.

Posted: Sep 29, 2024

Are AI Innovation Platforms the Future for Insurers?

AI innovation platforms that can streamline the development and deployment of applications across various platforms and devices will deliver reduced complexity, better customer experience, and operational excellence.

Posted: Sep 26, 2024

Demex’s Parametric Solution for Secondary Perils: Q&A with CEO Bill Clark

The Munich Re spinoff has developed loss accumulation models for the underserved niche of U.S. insurance carriers struggling to find reinsurance solutions for secondary peril losses.

Posted: Sep 26, 2024

iPipeline, FIDx Expand Relationship to Deliver Holistic Annuity Platform

iPipeline’s AFFIRM for Annuities expands relationship with FIDx Insurance Exchange to provide firms with streamlined solution for financial advisors’ annuity needs.

Posted: Sep 25, 2024

2024 Triggers First-Ever Insurance Payout for IFRC Disaster Fund

Allocations to respond to Super Typhoon Yagi in Asia last week tipped IFRC-DREF spend over the insurance trigger threshold of CHF 33 million.

Posted: Sep 25, 2024

Guidewire Appoints Mark Anquillare as Board Member

The veteran P&C insurance analytics leader brings deep expertise to Guidewire’s board of directors.

Posted: Sep 25, 2024

Donegal Insurance Boosts Commercial Lines Underwriting through Genpact Engagement

The initiative seeks to optimize the efficiency and accuracy of underwriting processes within Donegal’s instance of Guidewire Software.

Posted: Sep 24, 2024

Quadient Inks €6.5M Deal with Major P&C Insurer

The agreement over an initial period of 5 years includes the adoption of Quadient Inspire as a managed service.

Posted: Sep 24, 2024

Western & Southern Financial Adds Group Term Life Product to Thumbscore

By offering the life insurance product on Thumbscore’s platform and leveraging its technology, Western & Southern aims to provide an even more streamlined and user-friendly experience for policyholders.

Posted: Sep 24, 2024

Hastings Direct Expands Relationship with Carpe Data

The expanded engagement marks the evolution from a successful pilot to a trusted, long-term relationship focusing on innovation and mutual growth.

Posted: Sep 23, 2024

Dyad Launches the Latest Version of ALIS

The latest version of the core system for MGAs and wholesalers delivers greater functionality and features a new UI to enhance user experience.

Posted: Sep 22, 2024

LWCC Selects Akur8’s Core Platform Solution

The largest workers’ comp carrier in Louisiana seeks to enhance predictive modeling and drive high-quality underwriting insights.

Posted: Sep 19, 2024

Q&A: Functional Finance CEO and COO

Rashmi Melgiri and Hal Schwartz discuss the company’s InsurTech background, including the founders’ previous work at CoverWallet, and what’s ahead short and long term.

Posted: Sep 19, 2024

Transamerica Simplifies Final Expense Insurance for Consumers and Agents

The new Transamerica FE Express Solution provides a streamlined, fully integrated, digital experience for application and management of policies.

Posted: Sep 18, 2024

Cloverleaf Analytics Transforms Platform with Multi-Vendor BI Integration

The new open insurance analytics capability lets insurers leverage preferred BI platforms with Cloverleaf specialized data insights.

Posted: Sep 18, 2024