IIR

Spanish Startup Bdeo Launches Property Claims Automation Solution

Visual Intelligence technology and advanced computer vision algorithms let insurers identify causes of property claims at an earlier stage, reducing resources and time spent.

Posted: May 24, 2021

Cigna Selects Majesco L&A Group Core Suite to Accelerate Digital Transformation

Implementation of Majesco L&A and Group Core Suite on Majesco CloudInsurer will provide next generation core platform, differentiate admin capabilities, and deliver speed to market for new products.

Posted: May 24, 2021

Blockchain Will Revolutionize Insurance. Get Ready

Though still in its infancy in insurance, blockchain is poised to transform the industry.

Posted: May 23, 2021

Waffle Raises $5M Seed Funding for All-In-One Insurance Solution

Waffle’s partners include Haven Life Agency, Blink by Chubb, Crum & Forster Pet Insurance, Arch RoamRight, Clearcover, and Boost.

Posted: May 23, 2021

MetLife France Selects Lightico and Particeep for Customer Interaction Platform

The new partnerships lets the insurer offer digital tools that will streamline and facilitate the sale of its products while building on the expertise of its advisers.

Posted: May 20, 2021

Infosys Joins Insurity’s SI Program

The companies say that their collaboration will enable their property/casualty clients to rapidly implement Insurity’s core insurance platform.

Posted: May 20, 2021

PURE Insurance SVP on Launch of Mobile App

PURE’s Matthew Schreibeis talks about the launch of the PURE mobile app in the context of the rollout of its PURE360 and PURE Home Spotlight customer tools.

Posted: May 20, 2021

Upstream Security Raises $36M from Mitsui Sumitomo for Telematics Disruption

MSI is leading Upstream’s C-Round as part of a larger investment round that will be announced by Upstream during the second quarter of 2021.

Posted: May 19, 2021

Ethos Selects Wolters Kluwer Solution for Compliance

The life insurance distributor has selected NILS INsource, NILS MCE to foster enhanced compliance capabilities.

Posted: May 18, 2021

Swedish Startup Insurer Hedvig Begins European Expansion in Denmark

The digitally oriented, customer service-focused company reports that during 2020 it grew its revenue by 200 percent and that, to date, it has insured nearly €8 billion worth of homes.

Posted: May 18, 2021

Frederick Mutual Insurance Deploys BriteApps to Enable Phone Self-Service

FMIC customers now enjoy new, digital self-service capabilities such as policy management, online payments, filing claims, contacting agents and uploading photos.

Posted: May 17, 2021

Majesco and Infosys Collaborate to Accelerate Insurers’ Digital Journey

The companies seek to enabling insurers create personalized customer experiences, operational effectiveness, and digital adoption across the insurance business value chain.

Posted: May 17, 2021

State Farm to Provide Customers Technology to Mitigate Electrical Fire Risks

Ting monitors the electrical network of a home using a smart plug-in sensor to help detect hazards, so they can be fixed before they have a chance to ignite.

Posted: May 17, 2021

The Key to Building Trust in the Insurance Industry

New tools and ways of doing business are required to stay relevant and compete with the InsurTechs, particularly with younger policyholders.

Posted: May 16, 2021

Ethos Secures $200 Million Investment, Now Valued at $2B+

The life insurance InsurTech distributor reports that its revenue and users have each grown by more than 500 percent year-over-year, and the company expects to issue $20 billion of life insurance coverage this year.

Posted: May 13, 2021

Citizens Property Selects VIP Software Bill Audit Pro

The solution is engineered to seamlessly integrate into Citizens’ XactAnalysis estimating platform, accelerating the implementation process, and ensuring an accurate and efficient user experience.

Posted: May 13, 2021

Kin Raises $63.9 Million in Series C Round

The company will use to ramp up hiring and expand into new geographies and products. It plans to hire at least 100 people across the company with a focus on data science, engineering and marketing.

Posted: May 13, 2021

Vertafore Touts Efficiency Advantages of WorkSmart 7

The vendor says latest enhancements to the workflow and document management solution can drive up to an 8 percent improvement in agency efficiency.

Posted: May 13, 2021

Spinnaker Insurance Names Torben Osteraard CEO

Ostergaard, who joins the Hippo-owned carrier from USAA where he served as EVP and chief risk officer, is tasked with strengthening Spinnaker’s position as a best-in-class fronting carrier with the backing of Hippo’s technology.

Posted: May 13, 2021

Spinnaker Insurance Names Torben Ostergaard CEO

Ostergaard, who joins the Hippo-owned carrier from USAA where he served as EVP and chief risk officer, is tasked with strengthening Spinnaker’s position as a best-in-class fronting carrier with the backing of Hippo’s technology.

Posted: May 13, 2021

Metromile Names Capital One Veteran Troy Dye SVP for Growth

Dye has focused his marketing career transforming brands and marketing machines for large, data-driven and digital personal finance products.

Posted: May 13, 2021

Branch Insurance Taps HONK for Roadside Assistance Solutions for Members

As the insurance startup launches in three new states, HONK provides Branch’s members with next-generation roadside assistance.

Posted: May 12, 2021

Generali Greece Accelerates Life Insurance Signing Process with OneSpan Sign

OneSpan’s e-signatures help the 135-year-old European insurance company grow business during COVID-19 pandemic.

Posted: May 12, 2021

Zywave Acquires Modgic, Provider of Workers’ Comp & Mod Analysis Software

The acquisition is Zywave’s fourth in six months and sixth in two years, reinforcing the vendor’s commitment to the insurance industry.

Posted: May 12, 2021

Visual Memory: A New Cyber Security Approach for Insurance and Beyond

A striking characteristic of human memory is that pictures are remembered better than words; it’s time to use this characteristic to implement more secure authentication methods that don’t trade ease-of-use for security.

Posted: May 12, 2021