IIR

Sapiens Releases New Version of IllustrationPro and ApplicationPro Modules for L&A

The integrated modules provide digital, end-to-end experience and advanced self-sufficiency for agents and brokers.

Posted: Dec 06, 2020

Driving Growth in Life Insurance: Technology Alone Won’t Solve Your Business Problems

The key to increasing life insurance sales in today’s market is creating digital native life insurance products, leveraging technology to redefine the customer journey, and embracing an innovative perspective in a D2C market.

Posted: Dec 06, 2020

dacadoo Launches ‘Wheel of Life’ for Latest Digital Health Engagement Platform Release

Wheel of Life focuses on improved user experience and a simpler user interface, designed to improve the user engagement and guidance towards leading healthier lifestyles.

Posted: Dec 03, 2020

Admiral Seguros Adopts Shift Technology for Fraud Detection and Prevention

The Admiral Group subsidiary has deployed Shift Claims Fraud Detection to support claims professionals’ efforts in detecting suspected fraudulent claims.

Posted: Dec 03, 2020

The Eyes of Investors Are Upon . . . P&C Core Systems Vendors

North America-based vendors of core systems for property/casualty insurers have drawn more than their share of attention. They’ve attracted money, a lot of money. Why? And what does it mean for these firms’ investors and for the insurers that their s...

Posted: Dec 03, 2020

Using Porter’s Five Forces to Analyze the Insurance Industry

Each of Michael Porter’s Five Forces, originally described in a 1979 Harvard Business Review article, has specific application for the insurance industry today.

Posted: Dec 02, 2020

BeyondMinds Aspires to Reverse AI Project Failure Rate with $15M Investment

The company, whose clients include Microsoft, Samsung and KPMG, says the infusion of funds will finance its global expansion and the ongoing development of its AI solution, and strengthen its management team with prominent executives.

Posted: Dec 02, 2020

MIB Acquires Paperless Solutions Group

The acquisition expands MIB’s portfolio of solutions aimed at making the application and underwriting processes quicker and more efficient.

Posted: Dec 01, 2020

BrokerTech Ventures Expands Internationally through Israeli InsurTech Accelerator Partnership

The BTV has pledged to counsel and advise the Israeli InsurTech Accelerator, which will in turn serve as a feeder into U.S.-based BTV.

Posted: Dec 01, 2020

Capco Expands Insurance Reach by Acquiring NEOS LLC

Specializing in working with clients that offer life, annuities, retirement, employee benefits, and property and casualty insurance, NEOS provides consulting and delivery services to solve its clients’ strategy, operations, data, and technology chall...

Posted: Dec 01, 2020

OneShield Software Receives Growth Investment

The investment round, led by Bain Capital Credit and Pacific Lake Partners, will be will be used to accelerate OneShield’s growth strategy, which has resulted in nearly tripling its recurring revenue over the past three years.

Posted: Nov 30, 2020

Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company

Gateway, a licensed carrier across 47-states owned by Buckle, selects Sapiens integrated financial solutions to further streamline and automate insurance processes.

Posted: Nov 30, 2020

Bestow to Acquire Centurion Life Insurance Company

Bestow says the acquisition will help it to drive further innovation in product design, pricing, underwriting, and distribution for its customers and partners.

Posted: Nov 30, 2020

Thinking Differently About Core Systems: Q&A with Michael DeGusta, ClarionDoor

In 2010, ClarionDoor introduced a new perspective on insurance technology by providing a 100 percent cloud-native, API-first, intelligent product distribution platform while offering a great technology experience and an ‘easy-to-work-with’ business m...

Posted: Nov 29, 2020

Poland’s PZU Uses Tractable AI to Analyze Auto Damage

The technology has handled over 150,000 claims, making claims handling significantly more effective, while also shortening the waiting time for vehicle repair.

Posted: Nov 29, 2020

IMS Launches Telematics App Development Framework for Greater Driver Engagement

IMS One App counters ‘driver feedback fatigue’ by making telematics more accessible, boosting engagement, and improving program ROI.

Posted: Nov 29, 2020

Metromile Announces Plan to Go Public

The pay-per-mile auto insurance pioneer will go public by merging with INSU II, a publicly-traded special purpose acquisition company sponsored by Cohen & Company.

Posted: Nov 24, 2020

Omniscience Launches OmniExtract to Speed Life Insurance Risk Selection

The solution enables automated, rapid, and sophisticated life insurance underwriting decisions about new customers, regardless of whether the potential insured has a complex history.

Posted: Nov 24, 2020

Hippo Secures $350 Million Capital Investment from MS&AD

MS&AD’s participation in Hippo’s July Series E round led to the companies seeing alignment in their visions for the growth and the role that InsurTech can play in it.

Posted: Nov 24, 2020

Zywave Acquires Insurance Technologies Corporation

Zywave says the acquisition makes it the only provider to offer front-office solutions for independent insurance agencies across all lines of business.

Posted: Nov 23, 2020

Nationwide Names Laura Titas Chief Data Officer

Titas joins Nationwide from Wendy’s, where she was chief digital experience and technology officer, leading the company’s global technology center of excellence.

Posted: Nov 23, 2020

Startup Home Insurer Luko Adopts Shift Technology Solution to Fight Fraud

Luko, which predicts which claims may be filed and engages policyholders to adopt best practices to avoid them, also relies on technology to shorten the claims process.

Posted: Nov 23, 2020

P&C Claims: 4 Themes for the Future

The combination of operations automation, insights from AI, human expertise augmentation, and advanced ecosystems will result in winning scenarios for insurers, claims professionals, and claimants.

Posted: Nov 23, 2020

Bluefire Insurance Implements insured.io for Customer Engagement

The new platform consolidates Bluefire’s customer experience across multiple core administration systems.

Posted: Nov 22, 2020

Pekin Life Integrates iPipeline Automated Underwriting with iGO e-App for Instant Decisioning

The insurer’s use of the vendor’s Resonant New Business and Underwriting into its new business platform has accelerated sales during the COVID-19 pandemic.

Posted: Nov 22, 2020