IIR
The U.K.-based auto insurer will use Shift Force to identify fraud in the claims and application process, as a means of benefiting honest policyholders.
Posted: Jun 09, 2020
Kayne Anderson Rudnick and Whale Rock Capital Management have joined existing investors to invest in the core/platform vendor’s growth and to repurchase equity from certain investors.
Posted: Jun 09, 2020
Specialist provider of insurance products will use Cyence to enhance data warehouse capability and risk selection.
Posted: Jun 09, 2020
The Warsaw-based business and IT consultancy will help Amica Mutual integrate a new rating engine as a latter step in a digital transformation.
Posted: Jun 08, 2020
Sold through worksite benefit providers and employers the new Salary Protection products provides coverage amounts of up to $10,000 per month.
Posted: Jun 08, 2020
The enhancements, including 40 apps from 14 partners, exemplify trends of growing solution sets, easier integration with core systems, and simplified processes for vendors.
Posted: Jun 08, 2020
The precision offered by building-based geocoding that leverages new, transformational technologies can produce variations in results that are dramatic.
Posted: Jun 07, 2020
The predictive analytics models provide real-time analysis of impact from product and pricing changes based on prior sales.
Posted: Jun 07, 2020
Following the transaction, Sapiens has a total net debt of 0 and is profitable and generating positive free cash flow quarter-over-quarter.
Posted: Jun 07, 2020
Founded in 2014, MMV now has raised three $100 million funds for North American and two totaling $150 million in Asia. Doug Russell talks about the firm’s approach and successes.
Posted: Jun 04, 2020
The Series B capital will be used to grow all aspects of the business, and increase its sales, data science, and product management teams.
Posted: Jun 04, 2020
The vendors are integrating CLARA analytics’ predictive analytics and AI tools with Sapiens’ core workers’ comp offering to achieve faster and better decisions for injured workers.
Posted: Jun 03, 2020
The new fund, which will extend the firm’s ability to invest in early- and growth-stage companies, brings its global investment capital to $450 million.
Posted: Jun 03, 2020
The insurer expects the CoreSuite and Sapiens IntelligencePro to accelerate growth and help the it meet new product demands.
Posted: Jun 02, 2020
The current round, which brings total capital raised to $17,000, was led by ManchesterStory, with participation from EMC Insurance Companies, MaidenRe and other original investors.
Posted: Jun 02, 2020
Hippo will continue to operate as an MGA, with a portion of its premiums to be underwritten by its Spinnaker, the balance by other carrier partners.
Posted: Jun 02, 2020
After satisfactory initial adoption of the mostly internally developed solution, the independent agency saw a huge spike as a result of the pandemic.
Posted: Jun 01, 2020
Marc Lipman joins Lloyd’s from AIG Insurance Company of Canada, where he held a series of senior leadership roles.
Posted: Jun 01, 2020
Policyholders with specific risk characteristics will be offered Roost Smart Water Leak and Freeze Detector to encourage customer engagement.
Posted: Jun 01, 2020
The Connector for Sefas Designer makes it possible for Messagepoint customers to take advantage of Sefas’ high-performance composition and post-composition capabilities.
Posted: May 31, 2020
Given these outcomes, one might assume that distribution may no longer be the focus of the top InsurTechs, but that is not the case.
Posted: May 31, 2020
The West Midlands-based advisor network will use the e-Sign software to automate the registration process.
Posted: May 28, 2020
BrokerTech Ventures will collaborate with ITC on Agency Connect: Virtual for 2020, an InsurTech event for the broker community, on July 16, 2020.
Posted: May 28, 2020
The round includes a $100 million equity capital commitment to support Pie’s strategic initiative to form and purchase licensed insurance companies.
Posted: May 28, 2020
Through the partnership, INSURICA will be able to write more small business insurance and accelerate small commercial growth.
Posted: May 28, 2020