IIR

Duck Creek Announces Pricing of Public Offering of Common Stock

The public offering rose to a total of 9 million shares of Duck Creek’s common stock at a public offering price of $46.00 per share, up from an earlier proposed offering of 8 million.

Posted: Jan 28, 2021

Buckle Launches Rideshare-only Auto Insurance in Tennessee

Buckle expands availability of affordable, comprehensive auto insurance that covers gig drivers both on and off the clock to Tennessee.

Posted: Jan 28, 2021

Church Mutual Adopts Roost’s Armed Intruder Service

The insurer has added the new service to its existing Roost Protection360 Commercial Property Telematics Service.

Posted: Jan 28, 2021

Sun Life U.S. Creates Absence Management System Based on FINEOS

Sun Life U.S. creates new absence management solution, using employer and employee feedback to make absence easier.

Posted: Jan 28, 2021

InsurTechs in 2020: the Rich Got Richer

CB Insights Analyst Niall Williams discusses InsurTech-related findings of two recent reports.

Posted: Jan 28, 2021

Tractable and Mitchell Collaborate on AI-Powered Vehicle Repair Estimating

The partnership will allow North American automotive insurers to produce collision repair estimates automatically from photos.

Posted: Jan 27, 2021

Blink Inks Major Deal with Allianz for Parametric Travel Insurance

Blink will provide flight disruption cover to Allianz Partners and Affinity U.K. policyholders through the Allianz Assistance brand.

Posted: Jan 27, 2021

LIMOSS Renews with Charles Taylor InsureTech for Delegated Authority Solution

The organization has signed a five-year extension for the vendor to deliver a delegated authority solution across the London market.

Posted: Jan 27, 2021

Utmost Corporate Solutions Selects Majesco’s ClaimVantage Solution

The cloud-native claims solution will provide a foundation to drive business transformation, boost effectiveness and reduce costs.

Posted: Jan 27, 2021

The Hartford Adopts Tractable for AI-Driven Claims Processing

The insurer will use the AI solution to analyze auto damage within its auto insurance claims operations in the U.S., accelerating the speed at which claims can be processed for its customers.

Posted: Jan 27, 2021

Sapiens Partners with ACORD to Leverage ADEPT Data Exchange Platform

Sapiens reports that it will be leveraging the ADEPT as a fully integrated service to facilitate messaging support for its insurer, MGA and reinsurer clients.

Posted: Jan 26, 2021

Openly Partners with Flyreel to Let Policyholders Conduct Self-Inspections

Openly policyholders will now be able to conduct self-inspections of their property through Flyreel’s AI, high-fidelity video and a conversational chatbot.

Posted: Jan 26, 2021

Duck Creek Announces Proposed Public Offering of Common Stock

The public offering is for 8M shares of Duck Creek’s common stock, including 7,920,000 shares to be offered by the selling stockholders and 80,000 shares to be offered by Duck Creek.

Posted: Jan 26, 2021

Victory Insurance Speeds Expansion of MGA Program with Insurity

The Montana-based carrier and MGA expanded its program to 47 states in less than two months with Insurity’s Workers’ CompXPress Solution.

Posted: Jan 25, 2021

Sollers Consulting Joins Willis Towers Watson Radar Live Collaboration Program

Sollers identifies membership of the Radar Live Collaboration program as a key opportunity to help clients benefit from a leading rating and decision engine capability.

Posted: Jan 25, 2021

InsurTech 2021: Reset vs. Resume

Investors will become even more pragmatic and disciplined, narrowing their focus to more mature InsurTechs displaying measurable traction and whose products and services are higher on the insurance industry’s adoption curve.

Posted: Jan 25, 2021

5 Digital Transformation Trends Insurance Leaders Should Watch in 2021

Adapting to new ways of working and thinking is never easy, but the insurance industry is ripe for a revolution, and it is up to industry leaders to understand the trends that will lead the way.

Posted: Jan 24, 2021

ACORD Announces 2021 Board of Directors

The board adds representatives from prominent insurance industry organizations, including MetLife Asia, Lloyd’s and Chubb Group.

Posted: Jan 24, 2021

Aon Affinity Deploys New Programs on Majesco CloudInsurer

The three live programs live on Majesco P&C Core Suite on CloudInsurer are focused across property, liability and commercial auto with the most recent two brought to market within 22 weeks.

Posted: Jan 21, 2021

Insurers’ Progress on Emerging Technology: Novarica Study

Beyond digital transformation based on largely proven technology, insurers must patiently explore the capacity of emerging technologies, such as AI and Big Data, for reshaping business processes over the longer term.

Posted: Jan 21, 2021

Aflac Simplifies Claims Experience with Mindtree

Developed as part of Aflac’s efforts to increase self-service tools in light of the global pandemic, MyAflac Mobile lets policyholders accomplish steps in the claims process easily and conveniently.

Posted: Jan 20, 2021

Sompo Japan Selects EasySend No-Code Customer Journey Platform

The insurer plans to use EasySend’s no-code development platform to power its marine insurance accident notification system as the first of several applications of the technology.

Posted: Jan 20, 2021

Ask Kodiak, Vertafore Integration Brings Transparency into Commercial Lines Appetite

Ask Kodiak has integrated with Vertafore insurance software solutions to embed real-time carrier appetite and eligibility information.

Posted: Jan 20, 2021

Hiscox Selects Talage Wheelhouse to Improve Small Commercial Digital Distribution

Using Wheelhouse, agents will be able to more rapidly build targeted landing pages and digital applications which will facilitate faster booking of new business.

Posted: Jan 19, 2021

Hexaware Partners with Active.Ai on Digital Customer Experience

The joint strategy aims at providing digitalization and intelligent automation solutions to enable financial institutions to reach higher levels of efficiency and customer experience.

Posted: Jan 19, 2021