IIR

Flyreel Announces $10 Million Series A Financing

Investors in this round, which brings Flyreel’s total capital raised to $18 million, include IA Capital Group, Guidewire Software, Gradient Ventures, State Auto Labs and Donan Engineering.

Posted: Nov 19, 2020

Guidewire CEO Stresses Cloud Journey in Connections Keynote

In his virtual presentation, Mike Rosenbaum spoke of the momentum of Guidewire’s cloud journey and addressed how the company has fulfilled its commitment to deliver new releases biannually, first with Aspen in June and Banff in November.

Posted: Nov 19, 2020

Guidewire Debuts ‘Autopilot’ for Automation-First Claims Approach

Speaking at Connections 2020, Diego Devalle, Guidewire’s Chief Product Development Officer, said that Autopilot seeks to flip a highly manual claims model to make manual processes the exception.

Posted: Nov 19, 2020

Hansard Global PLC Deploys Majesco Solutions as Part of Digital Transformation

The implementation establishes a foundation for Hansard to transform and expand its international business model.

Posted: Nov 18, 2020

Hippo Partners with Kangaroo to Provide Home Security Options to Customers

The partnership expands the suite of smart device kits available within Hippo’s smart home program to include a self-monitored smart home security kit from Kangaroo.

Posted: Nov 18, 2020

HOVER Secures $60M for Property Repair 3D Mobile Imaging Platform

Led by Travelers, the round had participation from State Farm Ventures, Nationwide, Guidewire Software and other investors.

Posted: Nov 18, 2020

Irish InsurTech Blink Launches Business Interruption Parametric Solution

Developed within the Lloyd’s Lab innovation accelerator, the Hurricane Non-Damage parametric solution provides open-banking validation, real-time impact assessment and automated payouts while cutting claim process time up to 95 percent.

Posted: Nov 18, 2020

Argo Group Adopts ACORD Transcriber to Automate Data Extraction, Document Processing

ACORD Transcriber automatically download, extract and populate data in various document formats, enabling direct systems integration and straight-through processing.

Posted: Nov 18, 2020

What Does 2020 Tell Us About InsurTech Opportunities in 2021?

With the pace of change InsurTech has driven—and which COVID-19 has accelerated—the competitive pressure for insurers to change has grown proportionately more intense.

Posted: Nov 18, 2020

Zywave Acquires Advisen

The acquisition, which follows the September announcement of Zywave’s own acquisition by Clearlake Capital, includes Advisen’s data, media and Web Connectivity Ltd. businesses.

Posted: Nov 17, 2020

Homie Insurance Debuts in Las Vegas

Real estate tech disruptor’s affiliate offers to save Southern Nevada homebuyers time and money.

Posted: Nov 17, 2020

Wright Specialty Launches Programs on Instec Policy

The Instec Policy system will support two multi-state complex commercial P&C programs with a range of coverages designed for the unique needs of the markets they serve.

Posted: Nov 17, 2020

Guidewire Integration with Betterview Gives Insurers Access to Property Intelligence, Visual Analyti...

Upgraded integration with Betterview will allow P&C underwriters to access and act on Betterview’s property data and aerial imagery directly in the latest versions of Guidewire PolicyCenter.

Posted: Nov 16, 2020

Guidewire Announces Banff Release and Vision for the Future of P&C Claims

The new release fulfills the vendor’s commitment to new releases every six months as part of its cloud- and product-focused strategy.

Posted: Nov 16, 2020

MAPFRE MSV Life Goes Live on Sapiens’ CoreSuite

MAPFRE Malta has rolled out the cloud-based platform for Life and Pensions , including policy administration, digital portals and advanced analytics, to enhance and expand their services.

Posted: Nov 15, 2020

Topa Insurance Names Susan Pavone VP of Underwriting

Pavone will oversee the commercial underwriting and be responsible for setting underwriting strategies, overall underwriting portfolio management, guidelines, and production.

Posted: Nov 12, 2020

Artificial Intelligence Is Transforming Enrollment Season

During the busiest time of the year for group carriers, AI can be leveraged to streamline quoting, optimize resources, automate manual tasks and eliminate duplication of effort before and during enrollment.

Posted: Nov 12, 2020

On Insurity’s Acquisition of CodeObjects: Q&A with CRO Michele Shepard

One of the P&C industry’s most established core technology providers brings aboard a smaller vendor with a focus on cloud-native technology and personal lines.

Posted: Nov 12, 2020

Insurity Expands into Personal Lines with Acquisition of CodeObjects

CodeObjects’ enterprise-grade personal lines solution complements Insurity’s well-established commercial lines solutions, positioning the vendor better-serve a growing client base.

Posted: Nov 11, 2020

Highwing Raises $4M Seed Round for Commercial Insurance Open Data Platform

The financing round, led by BrokerTech Ventures and Baldwin Risk Partners, will fund the startup’s engineering team and expansion of its commercial insurance data platform offering.

Posted: Nov 11, 2020

Hiscox USA Expands Ask Kodiak Engagement

Originally implemented only for key digital lines of business, Ask Kodiak will now support Hiscox’s direct small commercial product appetite and eligibility in the U.S.

Posted: Nov 11, 2020

Instec Names Kevin Mason Chief Strategy Officer

In this newly created position, Mason will be responsible for shaping and executing business and product strategies.

Posted: Nov 10, 2020

The End of Enterprise Application Obsolescence?

Recent developments better support the continuous evolution of applications rather than the ‘boom and bust’ replacement life cycle that has dominated IT for the last 30 years.

Posted: Nov 10, 2020

Nationwide Expands Relationship with IMS on Mileage-Focused Telematics Offering

IMS is now technology provider for the insurer’s SmartMiles pay-per-mile insurance program and its SmartRide discount program.

Posted: Nov 09, 2020

ClarionDoor Hires InsurTech Expert David Cartagena to Lead Product Development

Cartagena has held IT roles at Travelers, as well as leadership positions at LexisNexis and Insurity.

Posted: Nov 09, 2020