IIR

Functional Finance Secures $20M Series A Round Led by Walkabout Ventures

The funding will fuel platform expansion and strategic hiring as premium payment volume surges 2,500 percent YOY.

Posted: Sep 18, 2024

RAS Selects CLARA Analytics to Leverage AI for Greater Claims Impact

The service provider for workers’ compensation and loss litigation management has deployed CLARA’s entire product suite to enhance performance.

Posted: Sep 17, 2024

Zywave Names Martin Simoncic CEO, Chris Kasper CFO

The industry veterans together bring over three decades of SaaS experience to help fuel Zywave’s next stage of growth.

Posted: Sep 17, 2024

Seguros Lagun Aro Selects Akur8 to Streamline Insurance Pricing Process

By adopting Akur8’s pricing technology, the vendor says Seguros Lagun Aro will significantly streamline its pricing process, allowing for faster and more accurate model creation.

Posted: Sep 17, 2024

NeuralMetrics Introduces Autonomous AI Assistants to Modernize Commercial Underwriting

GIA and ARKUS are role-based, task-oriented, self-learning AI assistants within the NeuralMetrics Smart Adaptive Multifunctional Assistant (SAMA) platform.

Posted: Sep 16, 2024

BriteCore New Product Features Give Mid-Tier Clients a Competitive Edge

The new features designed to streamline operations, improve decision-making, and elevate user experience, include GenAI for analytics, enhanced mobile app experience and multi-brand document support.

Posted: Sep 16, 2024

Akur8 Secures $120 Million in Series C Round

The new funding will significantly boost the insurance pricing and reserving platform’s ability to expand its product portfolio and fuel its growth in key global markets.

Posted: Sep 15, 2024

Big ‘I’ Names New Chairman

Indiana’s Todd Jackson has been installed to lead the national association for the 2024-25 term.

Posted: Sep 15, 2024

What if Your Data is Actually an Expense Instead of an Asset?

If data fundamentals are lacking, however, insurance organizations won’t be in a position to cash in, and, if you aren’t the one gaining the competitive advantage, then you are losing ground.

Posted: Sep 15, 2024

Aegon Names Michele Bareggi Chief Strategy, Transformation and Growth Officer

Bareggi brings over 25 years of experience in the financial services industry, including his tenure at Athora, a European savings and retirement services group.

Posted: Sep 12, 2024

Fayr Selects Mylo as Exclusive Auto, Home and Renters Insurance Partner

Mylo will embed insurance for the co-parenting application’s 20,000+ users.

Posted: Sep 12, 2024

Can We Improve the Traditional Claim Review?

Claims organizations can reap the benefits of AI by choosing tools uniquely designed to remove friction and simplify processes.

Posted: Sep 12, 2024

Cytora and Mitiga Solutions Partner to improve insurers’ resilience to climate risk

The collaboration will enable underwriters to assess future exposure to extreme weather more accurately with access to Mitiga’s EarthScan’s climate data.

Posted: Sep 11, 2024

Unum Launches Group Whole Life Product on CalcFocus’ Achieve Platform

The core system consolidation and new product launch intiative extends a longstanding relationship between the carrier and CalcFocus.

Posted: Sep 10, 2024

Applied Announces Enhancements Across Its Digital Agency Portfolio

Recent investments by the vendor seek to usher in the next generation of insurance with increased product connectivity, automated workflows, and modernized user experiences.

Posted: Sep 10, 2024

Mphasis Silverline Partners with AgentSync for Insurance Compliance Solutions

AgentSync Manage lets organizations use intelligent automation to simplify producer management and compliance, gaining valuable customer insights in the process.

Posted: Sep 10, 2024

Hagerty Renews Multi-Year Partnership with Agero

The renewed partnership enables Hagerty to continue bringing unmatched customer-focused experiences to Drivers Club members.

Posted: Sep 09, 2024

Assuria N.V. Accelerates Digital Transformation Equisoft’s Policy Admin System

Equisoft’s digital solutions provide the flexibility to launch new products quickly to respond to market changes and provide state-of-the-art agent and customer experience tools.

Posted: Sep 09, 2024

Akur8 Expands Core Capabilities with Strategic Acquisition of Arius Reserving Solution

Arius’s portfolio includes 150 insurance and consulting clients and over 1,500 users, with more than one third of these clients top-tier carriers in the U.S. and Canada

Posted: Sep 09, 2024

Lightning Strikes Twice

While the iPipeline outage didn’t have the global reach of a CrowdStrike, it had an outsized impact on L&A carriers who saw their new business operations shut down.

Posted: Sep 09, 2024

Arch Insurance Selects Guidewire to Modernize Claims IT Operations

The insurer has also selected Guidewire Canvas, Guidewire Explore and Guidewire Predict to embed insights into its claims workflows.

Posted: Sep 08, 2024

Mitchell Partners with PAVE to Support AI-Enabled Vehicle Inspections

PAVE is the latest AI innovator to integrate its machine-learning and computer vision models with the Mitchell Intelligent Open Platform.

Posted: Sep 08, 2024

Insurity Partners with Gain Life to Offer Fully Integrated Claims Communication Platform

The partnership enables Insurity to provide automated 24/7 guidance and support to claimants and policyholders, significantly enhancing operational efficiencies and reducing costs.

Posted: Sep 05, 2024

Carpe Data Helps EverPeak Insurance Scale Business

Scot Barton, Chief Product Officer, Carpe Data talks about how the workers’ comp insurer is using Minerva to underwrite on a larger scale with the same staff.

Posted: Sep 05, 2024

Sapiens Partners with Addresscloud to Enhance Insurers’ Geographic Risk Insights

The integration of Addresscloud’s geolocation services and advanced mapping capabilities with Sapiens’ core P&C products offers insurers a stronger, more comprehensive solution.

Posted: Sep 04, 2024