IIR

Jason Gross Joins InsurTech-Focused VC Firm Manchester Story

Gross has over 20 years of experience working with prominent insurance carriers including Principal Financial Group, Nationwide and EMC, where he was recognized for innovation achievements.

Posted: Jun 22, 2021

Seven Corners Launches Customer-Driven Travel Claims Process

Customers get a dedicated claims advisor upon filing a claim, and can choose the method and frequency they want to be interacted with.

Posted: Jun 22, 2021

Verisk Launches Next-Generation DrivingDNA for UBI Innovation

The telematics scoring model provides greater distinction between best- and worst-risk groups with up to 12 times difference in expected losses.

Posted: Jun 22, 2021

IMS Debuts ‘Try Per Mile’ UBI Offering

The telematics product enables insurers and brokers to internally trial a program that can then be deployed to policyholders in as little as one month.

Posted: Jun 22, 2021

Jason Gross Joins InsurTech-Focused VC Firm ManchesterStory

Gross has over 20 years of experience working with prominent insurance carriers including Principal Financial Group, Nationwide and EMC, where he was recognized for innovation achievements.

Posted: Jun 22, 2021

Honeycomb Launches in North America with $3M Funding

The company seeks to disrupt the $22B market multi-family property market by delivering a simple, efficient, and transparent experience for buildings and communities.

Posted: Jun 21, 2021

AI and the Amazon Effect on Commercial Insurance

A successful AI-powered digital distribution strategy integrates tried-and-true customer relationship-building strategies with new data-driven digital experiences.

Posted: Jun 20, 2021

MAPFRE RE Adopts Kovrr to Manage Cyber Risk Line

MAPFRE RE will use Kovrr for a wide range of use cases, expanding skills for assessing accumulated cyber risk exposure together with underwriting and pricing capabilities.

Posted: Jun 20, 2021

Akur8 Raises $30m in Series B Funding

The funding will fuel the European InsurTech’s expansion into the U.S. and APAC as the company accelerates the transformation of insurance pricing with ‘Transparent AI.’

Posted: Jun 17, 2021

UFCIC Accepts Cryptocurrency Payments for Commercial Surety Products

Customers using the insurer’s web-based direct surety platform can pay for their surety bonds via ACH, credit card, and Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

Posted: Jun 17, 2021

Is Insurance Missing Out on the Crypto Opportunity?

While the full potential of blockchain is yet to be revealed, its far-reaching applications, in combination with adjacent technologies, has the potential to transform every industry—including insurance.

Posted: Jun 17, 2021

Tractable Raises $60M in Series D Funding, Achieves Unicorn Status

The investment will be used focused on the company’s core business, accident recovery, as well as to develop new products for assessing the condition of cars and homes.

Posted: Jun 16, 2021

SafeAuto Improves Customer Journey with insured.io DTC Sales Platform

The platform lets consumers quickly and easily quote, bind, and purchase a SafeAuto insurance policy on a mobile-friendly, intuitive web portal.

Posted: Jun 16, 2021

Bamboo Insurance Acquires Assets of First American Property and Casualty Insurance Agency

The acquisition enables Bamboo to offer additional products to a much broader set of customers across the continental U.S.

Posted: Jun 16, 2021

Sapiens Partnership to Help Insurers Meet ISO, NCCI Reporting Requirements

The insurance software provider’s partnership with Long Group Consultants aims to augment reporting requirements for workers’ compensation and property/casualty insurers.

Posted: Jun 15, 2021

Majesco Completes Utilant LLC Acquisition

The acquisition aims to accelerate business innovation and enhance customer experience with new data and analytics business unit.

Posted: Jun 15, 2021

Ancillary Benefits Carrier Renaissance Names Earl Shaw CIO

Shaw’s appointment comes in the wake of Renaissance’s development of a next-generation admin platform built to support innovation and serve as a single point of accessibility for its products.

Posted: Jun 15, 2021

The Life Insurance Customer Engagement Continuum: 4 Steps to Relevance

The Customer Engagement Continuum is a roadmap to help insurers keep pace with customers’ expectations driven by today’s digital economy.

Posted: Jun 14, 2021

National Catholic Society of Foresters Modernizes Distribution with Breathe Life

NSCF selected Breathe Life following a review of multiple technology providers for its modern approach to insurance distribution and shared values.

Posted: Jun 14, 2021

Farmers Insurance Adopts Zesty.ai’s Z-FIRE Wildfire Risk Scoring Model

Recent California Department of Insurance approval enables the carrier to selectively expand opportunities for coverage for residences located in certain wildfire-risk areas.

Posted: Jun 13, 2021

Augmented Analytics Demystified for Insurance

By integrating artificial intelligence and natural language processing elements with traditional BI processes, augmented analytics will transform the insurance end-customer experience by data curation, revealing new insights, and making relevant info...

Posted: Jun 13, 2021

Coherent, Unqork Partner on Advanced Insurance Applications, Logic and Services

Asia-based InsurTech Coherent fuses proprietary logic and rules engine with U.S. based no-code platform Unqork, to enable faster and more seamless insurance sales, logic and servicing solutions.

Posted: Jun 10, 2021

Branch Raises $50M in Series B Round led By Anthemis Group

Branch will expand its ‘built-for-savings’ home and auto coverage nationally with funds from the round, which had participation from Acrew, Cherry Creek Holdings, and existing investors.

Posted: Jun 09, 2021

Pacific Claims Management Modernizes with Spear Technology

The TPA will use SpearClaims for its technology platform, to streamline workflow, drive continual cost savings, and facilitate optimal claims outcomes.

Posted: Jun 09, 2021

USAA Announces Plans to Acquire UBI InsurTech Noblr

The acquisition increases USAA’s competitiveness and adds the choice of UBI to its highly mobile military service members.

Posted: Jun 09, 2021