IIR

Sapiens Partners with TruthMD to Offer Insurers Analytics on Medical Providers

The partnership will enhance medical practice liability and workers’ compensation insurers’ ability to identify desirable insureds, assess risk, competitively price, underwrite and manage claims.

Posted: Dec 15, 2020

Falcon Insurance Group Adopts One Inc ClaimsPay

The auto insurer has expanded its relationship with the vendor to include the ClaimsPay solution to facilitate faster claims payments.

Posted: Dec 15, 2020

ACORD Names Top InsurTech Leaders of 2020

Individuals recognized for driving change through collaboration, sustainability & inclusion, and global ecosystem-building.

Posted: Dec 14, 2020

Earnix Launches Usage and Behavior-Based Insurance Offering

The solutions enable auto insurers to operationalize usage and behavioral data to respond to changing consumer demand with agility and precision.

Posted: Dec 14, 2020

Verisk to Acquire Behavioral Data and Intelligence Vendor Jornaya

The acquisition aims to help insurers and lenders time and tailor interactions with customers and prospects, delivering better experiences and improving customer acquisition and retention.

Posted: Dec 14, 2020

Sproutt Partners with SBLI, Afficiency to Expedite Life Insurance Approval

The startup says its AI-driven lifestyle index will be able to identify and determine the most relevant and appropriate client-base in minutes.

Posted: Dec 14, 2020

Quadient Partners with Duck Creek to Accelerate CX Management Capabilities

The accelerator, based on Quadient Inspire, is designed to enable insurance business users to send interactive and personalized communications through a customer’s preferred channel.

Posted: Dec 14, 2020

The Three-step Insurance Industry Makeover

To reach customers who are at once tech-savvy and demanding, insurers needs to leverage the latest technologies and incorporate three major industry shifts into their planning.

Posted: Dec 13, 2020

Risk Placement Services Selects Cogitate Digital Insurance

RPS will use Cogitate’s solutions digitalize its personal lines business in support of continued business growth, starting with two carriers in five states that specialize in HO3 and DP3.

Posted: Dec 13, 2020

Orchid Insurance Partners Adopts Betterview’s Remote Property Intelligence Platform

Betterview will enable quick quoting and binding issuance for coverage solutions and allow Orchid to update its reinsurance, underwriting, and aggregation models more frequently.

Posted: Dec 10, 2020

SE2 Acquires Convergent Financial Technologies

The acquisition will enable growth and expansion of Convergent’s flagship offering, the UV Cloud pricing and trading platform.

Posted: Dec 10, 2020

Farmers Group to Acquire MetLife Auto & Home

The deal includes 10-year distribution agreement and plan to leverage combined capabilities to offer personal lines products on MetLife’s U.S. Group Benefits platform

Posted: Dec 10, 2020

Sun Life Financial Expands Relationship with Munich Re Automation Solutions

The expanded collaboration will give access to various modules of ALLFINANZ for Sun Life advisors and clients in Canada.

Posted: Dec 10, 2020

Clearcover’s Growth Leads to Opening of New Offices in Detroit

A Midwestern company by choice, the digital auto insurer has tapped into the customer service talent pool and government incentives to open a second presence in the Michigan city for claims and customer experience teams.

Posted: Dec 10, 2020

Nationwide Selects AWS as Its Preferred Cloud Provider

Through related services, Nationwide will be able to unlock data-driven insights, automate processes in the cloud, and deliver new digital services to customers.

Posted: Dec 09, 2020

Progressive Launches UBI and Fleet Management Program for Business Owners

Snapshot ProView builds on the insurer’s Smart Haul program by offers instant savings and smart business tools to commercial operators not required by federal law to have an ELD.

Posted: Dec 09, 2020

Zesty.ai Launches 3D Property Analytics for Entire U.S.

Z-3D provides hyper-accurate risk mapping with the first AI-powered 3D risk model for precision underwriting of every home and business in the U.S.

Posted: Dec 09, 2020

AAIS Gains Approval for Data-Driven Fire Risk Model

The new model is based on a wide range of data that better reflect the drivers of loss, improving on simplistic assumptions of earlier models used within the industry.

Posted: Dec 08, 2020

Sapiens Enhanced StatementPro Application Streamlines NAIC Reporting

The new feature simplifies and automates reporting Notes to Financial Statements NAIC filings.

Posted: Dec 08, 2020

Transverse Insurance Group Selects Cloverleaf Analytics for BI

The P&C carrier anticipates new insights into opportunities, avoiding unnecessary exposures, greater operational efficiencies, and enhanced direction in product development.

Posted: Dec 08, 2020

CompSource Mutual Selects One Inc for Digital Payments

One Inc’s platform will enable the workers’ compensation provider to enhance the customer experience through digital payments.

Posted: Dec 08, 2020

Berkshire Hathaway GUARD Selects IMS for Commercial Fleet Telematics Program

TrackMRI is a safety-focused telematics solution, powered by IMS’ DriveSync connected car and telematics platform.

Posted: Dec 07, 2020

Insurers Are Doing More With Intelligent Text Ingestion

ITI can be a useful tool for dealing with the myriad documents involved in the insurance life cycle, but carriers should define the specific use cases they want to address before launching a pilot.

Posted: Dec 07, 2020

Cinch Home Services Partners with InsurTech GloveBox

Through the partnership, Cinch’s home protection plans will be offered on GloveBox’s digital platform, which allows policyholders to manage all of their insurance in a single location.

Posted: Dec 07, 2020

Damco Solutions Partners with omni:us to Accelerate Insurers’ Digital Transformation

The partnership will support insurers seeking to quickly deploy AI into their claims lifecycle, streamlining the interactions between insurers and insured parties.

Posted: Dec 06, 2020