IIR

Thimble Introduces Monthly Insurance Plans for Small Businesses

Customers can buy a policy within 60 seconds, and using the Thimble Monthly app can scale coverage, add insureds or switch plans instantly.

Posted: Apr 08, 2020

Cerity Expands to California, Releases Two New Products to Benefit Small Businesses

PayGo relies on real-time payroll calculations, resulting in more accurate monthly payments that adjust automatically; PIX lets partners offer workers comp with Cerity acting as agent.

Posted: Apr 07, 2020

Vitech Announces Strategic Partnership with Innovation Underwriters

As a Strategic Launch Partner, Vitech reports that it will aid IU in bringing insurance leaders together to collaborate, innovate, and solve industry challenges.

Posted: Apr 07, 2020

Service Insurance Holdings Selects Cloverleaf Analytics’ BI Solution

The solution provides access to real-time analytics for discovering trends and insights across the entire enterprise and enabling proactive business decisions that would not otherwise be possible.

Posted: Apr 07, 2020

Preferred Mutual Weathers COVID-19 through VMware Desktop Virtualization

As the result of a strategic focus on ensuring business continuity and system/data protection, Preferred Mutual was already prepared when New York State’s response to COVID-19 required businesses to send non-essential personnel home.

Posted: Apr 06, 2020

Illinois Mutual Selects Sapiens Solutions for Life Digital Transformation Initiative

The insurer aims to deliver seamless illustration, eApplication, straight-through underwriting and intuitive enrollment functionality to its agents and customers.

Posted: Apr 05, 2020

Covr Financial Technologies Names Ron Alexander President and Head of Innovation

Alexander, a 20-year insurance technology veteran, will lead product development, technology development, new business operations, customer service, insurance carrier relationships and enterprise partnerships.

Posted: Apr 05, 2020

AXIS Re Names Mark Julian Chief Pricing Actuary

In the newly created role, Julian will oversee AXIS Re’s actuarial pricing and catastrophe modeling teams, which have been combined into a new Reinsurance Pricing operational division.

Posted: Apr 05, 2020

Keeping Marine Insurance Costs Down: A Job for AI

Artificial intelligence isn’t just for lab research; it can have an important role in keeping ships safe, and shippers—along with insurance companies—from losing time, assets and money.

Posted: Apr 05, 2020

Vitech Named an AWS Financial Services Competency Partner

The vendor says the partnership with AWS will enable it to more effectively help its clients transform their market offerings.

Posted: Apr 02, 2020

JennyLife Secures $3.5 Million Series A Funding

The funding round, led by CMFG Ventures, will be used for technology investment and marketing toward the firm’s mission of closing the life insurance gap for women.

Posted: Apr 02, 2020

Midwest Employers Casualty’s XCEL Analytics Platform Minimizes Claims Costs

The provider’s XCEL Analytics enables early identification of potential large-loss claims, improving both financial and medical outcomes.

Posted: Apr 02, 2020

Majesco Completes InsPro Technologies Acquisition, Strengthening Position in L&A, Group

The acquisition expands Majesco’s growth potential and enhances domain depth as insurers seek successful digital and business transformation.

Posted: Apr 01, 2020

Prescient Underwriting Selects Data Gumbo’s Blockchain-based Network

The risk management and underwriting firm expects GumboNet to yield increased operational efficiencies, contract certainty, accountability, transparency, customer service and reduced costs.

Posted: Apr 01, 2020

Preferred Physicians Medical Risk Retention Group Deploys Sapiens’ P&C Offerings in the Cloud

The insurer’s Medical Risk Retention Group is using the systems to improve policy and claims efficiencies, deliver enhanced service to customers and minimize maintenance costs.

Posted: Mar 31, 2020

Hippo Insurance SimpliSafe Partner on Smart Tech-Driven Homeowners Policy

With home alarm devices and professional monitoring capabilities, policyholders can benefit from faster response times to theft, and damage from water and fire.

Posted: Mar 31, 2020

Steve Miller Named IOA’s Head of Mobility and Innovation

The former VP at McGriff Insurance Services joins the Insurance Office of America’s Western Region Team and will be based in Pleasanton, Calif.

Posted: Mar 31, 2020

Xceedance Joins Duck Creek Partner Ecosystem

The partnership aims to give Duck Creek customers access to business and functional expertise to drive faster time-to-production and deliver superior ROI.

Posted: Mar 30, 2020

LexisNexis Risk Solutions Releases New Index to Gauge Trends in Auto Insurance Shopping

Insurance Demand Meter offers carriers quarterly insights about shopping and new policy volume.

Posted: Mar 30, 2020

Sapiens Partners with SPLICE Software to Automate Customer Communications

Sapiens says the partnership will empower its clients to improve the timeliness, relevance and trust associated with their communication efforts.

Posted: Mar 29, 2020

CIO & Technology Leadership during COVID-19: The Unexpected Spotlight

The CIO and leadership teams will be ultimately judged by how they conduct themselves both during this time and after we return to “normal.”

Posted: Mar 29, 2020

NICB Launches COVID-19 Fraud Resource Center

The organization will use the site to host the latest information concerning emerging fraud scams involving COVID-19 and keep its membership and others informed.

Posted: Mar 26, 2020

How COVID-19 May Impact the Insurance Industry

Overall insurance companies with diversified business, sound investment patterns and good reinsurance coverage will survive and grow after some short-term pain.

Posted: Mar 26, 2020

COVID-19: Three Scenarios for Insurers—Celent Report

Celent explores three possible scenarios as an opportunity to explore the effects of the Coronavirus crisis on the insurance industry and encourage agile planning in response to a changing environment.

Posted: Mar 26, 2020

“We were lucky, we started early”—A German MGA Responds to COVID-19

OCC’s digital transformation included a new homepage, a new brand/logo, a new corporate design, a new tone of voice, an online calculator for insurance rates, the possibility to take out insurance online and also to manage contracts online.

Posted: Mar 25, 2020