IIR

Arrowpoint Capital Upgrades its Cloud-Based Reinsurance Capabilities with Sapiens

The North American insurer and financial services company migrates to Sapiens ReinsurancePro version 8 in the cloud, for faster processing and streamlined functionality.

Posted: May 04, 2020

Reliance Standard Selects EIS Group’s Insurance Platform for Voluntary Benefits

The platform will be used for product development, rating, policy administration, billing, and customer management processes in the insurer’s voluntary benefits business.

Posted: May 04, 2020

Coverys Completes Full Suite Transition to Software-as-a-Service within Ten Months

The MPL carrier has executed migration of full suite of core systems to Duck Creek OnDemand, the vendor’s SaaS solution for the P&C insurance industry.

Posted: May 04, 2020

iPipeline Partners with ForMotiv to Offer Next-Gen Behavioral Intelligence with Monitoring

ForMotiv’s predictive analytics detect fraudulent activities based on carriers’ historical data, as well as gauging the overall efficiency of agents.

Posted: May 03, 2020

omni:us Partners with Rokk3r to Enter Latin American Insurance Market

omni:us will leverage Rokk3r’s eco-system, which combines human and machine intelligence systems to enable companies to quickly build size and scale.

Posted: May 03, 2020

ACORD Launches Insurance Technology Career Center Website

The new initiative is designed to support ACORD members’ recruiting efforts and connect technology job seekers with insurance career opportunities.

Posted: May 03, 2020

Will COVID-19 Make Usage-Based Insurance Mainstream?

As auto insurance policyholders are driving little or not at all, will consumers see the value of premiums that are accurately calculated by miles driven?

Posted: Apr 30, 2020

COVID-19 Highlights the Critical Need for Digital Customer Engagement

(Image credit: vperemencom.) For years, the majority of insurance companies have taken measures to improve and enhance engagement with their customers, agents and distributors. Consumers have expressed an interest in more frequent engagement from the...

Posted: Apr 29, 2020

One Inc Names Patti Griffin Board Member

Griffin brings to One Inc’s board an extensive background in claims which the company says will help guide the progression of the its ClaimsPay product.

Posted: Apr 29, 2020

Aon Affinity Chooses Instec Policy System for Transportation Program

Through its expanded engagement with the vendor, Aon will provide an improved customer experience and greater rating accuracy for the underserved small fleet market.

Posted: Apr 29, 2020

Federal Life Insurance Selects DXC to Enhance Policy Buying Experience

The solution automatically captures information and submits it through a paperless, self-service process enabling straight-through processing with e-signature.

Posted: Apr 29, 2020

How Insurance IT Is Reacting to COVID-19—Q&A with Forrester’s Ellen Carney

While it’s early to draw final conclusions about what the pandemic means for insurance IT planning and spending, Forrester analyst Ellen Carney talks with IIR about the near-term effects.

Posted: Apr 28, 2020

AXA XL launches Remote Risk Dialogue Virtual Risk Assessment

Remote Risk Dialogue enables the company’s risk engineers to perform remote analysis not seen in traditional loss prevention programs and provide risk managers, underwriters and brokers with an up-to-date view of a client’s risks.

Posted: Apr 28, 2020

New Health Data Regulations Drive New Life Insurance Buying Experience

The regulations will usher in dramatic improvements by simplifying access to a complete picture of a patient’s medical history.

Posted: Apr 27, 2020

M Financial Group Uses FAST Software to Enable Digital Ecosystem for Member Firms

The Portland, Oregon-based firm will use FAST’s technology to further differentiate its Member Firm and client experience.

Posted: Apr 27, 2020

Property Damage Appraisers Launches Specialty/Heavy Equipment Same-Day Service

When a Specialty/Heavy Equipment Same-Day Service assignment is received PDA’s proprietary National Optimizer technology utilizes data analytics to dispatch the closest qualified appraiser to the damaged equipment.

Posted: Apr 26, 2020

Flueid Software Secures Strategic Investment Led by Aquiline Technology Growth

Prominent technology growth fund invests in Flueid’s forward-thinking approach to title insurance underwriting and closing automation.

Posted: Apr 26, 2020

Sapiens Announces New Version of Insurance Underwriting Solution

The upgrade to the cloud-enabled life & annuities offering includes a new reinsurance interface to facilitate data transmission and enhanced underwriter notes capabilities.

Posted: Apr 23, 2020

Top 50 InsurTechs in P&C Insurance—SMA Report

While innovation may come from other sources, these companies have proven themselves individually and collectively can be expected to play a significant role in the transformation of the North American insurance industry over the next decade.

Posted: Apr 23, 2020

First Signs of COVID-19 Related Insurance IT Spending Cutbacks

Insurers are already shifting a meaningful portion of overall industry IT spending toward efficiency related goals such as cost reduction and process improvement.

Posted: Apr 23, 2020

FINEOS Collaborates with Cigna Group Insurance to Develop Digital Core Suite

Cigna provided insight into their business practices and both companies collaborated to build the new software as a standard configurable business platform.

Posted: Apr 22, 2020

Pacific Life Licenses FAST Software to Enable Digital Transformation

The insurer will use the software to augment data workflows, improve policy administration, and enhance distribution management for its Life Retirement divisions.

Posted: Apr 22, 2020

Slice Labs, AXA XL Offer Lenovo Small Business Users On-Demand Cyber Insurance

On-demand cyber insurance to be offered to SMB customers as an option through the Lenovo Vantage platform.

Posted: Apr 22, 2020

John Hancock and Clareto Streamline Life Insurance Purchase Process

Clareto provides access to more than 52 million unique patient records through integration with state and regional health information exchanges and national EMR vendors.

Posted: Apr 22, 2020

FRISS Fraud Detection ClaimCenter Add-on Now Available in Guidewire Marketplace

The automated risk assessment enables add-on lets insurers automatically check claims for potential fraud and risks at multiple stages of the claim workflow in Guidewire ClaimCenter.

Posted: Apr 21, 2020