IIR

SOMPO Himawari Life Selects dacadoo to Partner on Health Engagement App

Through the Linkx score app, SOMPO Himawari Life seeks to motivate customers to lead a healthier lifestyle.

Posted: Jul 27, 2020

ACORD Makes First Update to Next-Generation Digital Standards

Developed in collaboration with insurance organizations, the data standards support current, emerging, and future technologies across all geographies and lines of business.

Posted: Jul 27, 2020

RPS Launches Public Entity Program on Instec Policy System

The public entity program is the RPS’s second strategic expansion on Instec, following its implementation by RPS affiliate RPS Bollinger for its Golf Courses & Clubs program.

Posted: Jul 27, 2020

Onlia Extends Telematics SDK Partnership with IMS

The insurer seeks to fully exploit the value of telematics technology in delivering improved road safety through the prevention-first approach of its Onlia Sense safe-driving app.

Posted: Jul 27, 2020

AIR Worldwide Releases Updated Earthquake Model for Australia

This model serves to capture the effects of earthquake-induced ground shaking and liquefaction on risks located in continental Australia and the island of Tasmania.

Posted: Jul 26, 2020

Sapiens Acquires Delphi Technology to Support MPL Expansion in North America

The total consideration is up to $19.5 million in cash on the acquisition, which Sapiens expects to be accretive to profit in early 2021.

Posted: Jul 26, 2020

ivari Selects DXC Technology to Transform Systems and Services

The insurer has entered into a 25-year agreement with DXC to advance ivari’s current platforms and operations, as well as provide digital new business capabilities.

Posted: Jul 26, 2020

Quadient and Infosys Partner to Enhance Customer Experience Management

Infosys will supply Quadient solutions to provide clients with the vendor’s omni-channel CCM platform and the capability to meet complex communication needs.

Posted: Jul 23, 2020

What Hippo’s $150M in New Funding Means Strategically

IIR talks with Rick McCathron, Hippo’s Chief Insurance Officer, about where the company is today, and how the new funding round supports its ambitious mission to transform homeowners insurance.

Posted: Jul 23, 2020

Telehealth, Smart Homes and Wearables Help Insurers and Customers Thrive

Tech advances coupled with AI can help insurers manage risk, improve underwriting and boost customer experience.

Posted: Jul 22, 2020

Sapiens Launches P&C and Reinsurance Core Platform in DACH Region

The vendor expects Germany to become a leading strategic market for Sapiens cloud-based IDITSuite and digital offerings.

Posted: Jul 22, 2020

Penn National Insurance Selects One Inc for Digital Claims Payments

As part of an ongoing modernization program, the regional P&C insurer adopted the Digital Payments Platform streamline processes to lower costs, and create a superior customer experience.

Posted: Jul 22, 2020

SSP Joins Willis Towers Watson’s Radar Live Collaborator Program

The U.K.-based software provider will improve its capability to derive sophisticated insights from valuable data sources and to deploy market-leading machine learning models from a single platform.

Posted: Jul 22, 2020

Acuity Provides Commercial Rates on IBQ Comparative Rater

The insurer has adopted the solution to support independent agents’ desire for more efficient workflow when quoting commercial business.

Posted: Jul 21, 2020

Insurance Startup Branch Secures $24 Million Series A Funding

The company reports that its Series A funding will spearhead a strategic nationwide expansion plan through 2021.

Posted: Jul 21, 2020

Innoveo Launches eBro Digital Solution for Mid-Tier Brokers

Built with Innoveo’s no-code Skye technology eBro is designed to provide complete functionality and digitization for mid-tier brokers and broker aggregators within a week.

Posted: Jul 20, 2020

QBE North America Partners with Flyreel for AI-assisted Customer Home Inspections

Utilizing Flyreel’s AI-assistant tool, customers can document interior and exterior data including property features, materials and other factors, while identifying associated hazards.

Posted: Jul 20, 2020

Have We Reached the Tipping Point for Claims Automation?

Insurers have seen virtual estimating used successfully for both low- and high-severity claims, making them more willing to begin automating the complex, labor-intensive claims process. The question is, where do they start?

Posted: Jul 20, 2020

Hippo Closes $150 Million Series E Funding Round

The company has grown total written premiums to $270 million, growing at 140 percent YoY, has raised a total of $359 million in investment capital and is now valued at $1.5 billion.

Posted: Jul 20, 2020

Majesco to be Acquired by Thoma Bravo

Majesco leadership says the transaction, valuing the company at $594 million, will support the company’s strategic vision to help global insurers transition to the cloud.

Posted: Jul 19, 2020

WoodmenLife Overcomes Pandemic-Related Policy Delivery Issues with iPipeline AlphaTrust

The insurer has implemented iPipeline’s AlphaTrust e-Sign product to remotely secure mandatory signatures to complete issuance and delivery of life insurance policies.

Posted: Jul 19, 2020

Verisk Launches Life Risk Navigator Software Platform

The cloud-based stochastic risk modeling platform offers in-depth portfolio analytics to enhance risk selection, quantify changes in mortality rate, improve hedging strategies, and drive better financial decision-making.

Posted: Jul 19, 2020

Craig DeSanto Elected New York Life President by Board of Directors

DeSanto will oversee all businesses of the company, including the Individual Life Insurance and Agency Distribution units, Retail Annuities, New York Life Investment Management, and the company’s portfolio of strategic businesses.

Posted: Jul 19, 2020

Majesco Launches Portal to Keep Customers Abreast of its Evolving Solutions

The portal aims to provide faster access to robust product information and insight to the vendor’s product roadmaps and future of insurance technologies.

Posted: Jul 16, 2020

CoreLogic Launches Integrated Solution for the Property Insurance Ecosystem

The vendor has secured launch clients for the next-generation system that it describes as providing insights for every touchpoint in the property insurance ecosystem.

Posted: Jul 16, 2020