IIR

Allstate Introduces Weekly Price Flexing with Milewise UBI Program

Ginger Purgatorio, SVP, Allstate discusses the addition of the industry’s first telematics-based auto insurance price that flexes from week-to-week.

Posted: Feb 20, 2020

Nationwide Launches Smart Home Solution in Partnership with Notion

The new IoT/smart technology based solution helps policyholders protect their homes through sensors that deliver alerts for conditions such as leaky pipes, open windows or the sound of a carbon monoxide detector.

Posted: Feb 20, 2020

Use Cases and Value Explain Emerging Technology in Insurance

As the new decade dawns, insurers are focusing even more heavily on technology that can help them sell more, manage risk better, and cost less to operate.

Posted: Feb 20, 2020

Splice Machine Adds Philip Fasano to Board of Directors

Board Member, Investor, Visionary, Author, and CIO of multiple Fortune 100 healthcare and financial services organizations brings over 30 years of expertise in technology innovation and business strategy

Posted: Feb 20, 2020

Inside Nationwide’s Connected Insurance Programs with Teresa Scharn

Nationwide AVP Teresa Scharn leads the insurer’s Personal Lines Product Development team, which is tasked with developing innovative IoT- and telematics-based products and services.

Posted: Feb 20, 2020

InsurTech: A Decade Gone, A Decade Ahead

Most insurers are embracing InsurTechs as an important part of the insurance ecosystem with roles as catalysts for innovation and change.

Posted: Feb 19, 2020

First Chicago and United Security Seek Business Agility with Guidewire InsuranceNow

Adopting the all-in-one, cloud-based system will allow FCIC and USH&C to enter new states and introduce new rates and products to the market with greater efficiency.

Posted: Feb 18, 2020

Covenant Underwriters Implements INSTANDA for Policy and Billing

The vendor developed a custom environment for policy administration and automated billing functionality and real-time access for all of Covenant’s stakeholders.

Posted: Feb 18, 2020

Mutual of Omaha Implements iPipeline Maestro for e-App Self-Maintenance

The insurer’s recent launch of accidental death and cancer products reflects how Maestro’s self-maintenance capability enables speed-to-market.

Posted: Feb 17, 2020

Insurance Board Streamlines Underwriting with Origami Risk Admin System

The organization will provide its network of independent agents with real-time access to policy and coverage information on their individual church clients participating in the program.

Posted: Feb 17, 2020

DataCubes Names Mike Goldstein CTO

Goldstein is tasked with developing DataCubes’ technology, business and culture, with a view toward developing a world-class technology team.

Posted: Feb 17, 2020

Destination AI: The Advent of Augmented Automated Underwriting

AAU gives underwriters the ability to spot patterns and connections that are either invisible to the human eye or which typically take unfeasible amounts of time and resource to identify.

Posted: Feb 16, 2020

n2uitive Secures $1.3M in Funding for Claims Interview Platform

Cascade Seed Fund describes n2uitive as positioned to create a robust automation and intelligence solution powered by speech recognition, machine learning and AI.

Posted: Feb 16, 2020

Understory Launches Hail Insurance for Automotive Dealers in Five New States

Auto – Hail Safe from Understory is now available in Arizona, New Mexico, Ohio, Pennsylvania and Wyoming, solving a coverage crisis for thousands of additional auto dealers.

Posted: Feb 13, 2020

Quilt Co-Founder Blair Baldwin on Haven Life’s Innovative AgeUp Product

The new offering for the adult children of the boomer generation who are concerned about their parents outliving their financial resources was built by the Quilt team, acquired by Haven Life in 2018.

Posted: Feb 13, 2020

The Society of Actuaries Partners with Plug and Play Accelerator

The mutually beneficial InsurTech partnership combines the rigor and technical insights of actuaries with the innovation and technology of start-ups.

Posted: Feb 12, 2020

Sierra Gold Insurance Services Automates Commercial Lines Submissions with Indio

Leveraging AMS360, Indio delivers an automated data capture and application experience for the agency’s commercial lines clients.

Posted: Feb 12, 2020

4 Ways Conversational AI Can Close the Millennial Insurance Gap

Insurers need to have a plan to millennials, who behave differently than other groups, are the largest generation of adults in the nation—roughly 73 million—and also the most uninsured.

Posted: Feb 12, 2020

Verisk Adds New Solutions to the Duck Creek Platform

Duck Creek customers will have access to Coverage Verifier for coverage history data, and A-Plus for contributing property and auto claims data to obtain loss run reports on prospective risks.

Posted: Feb 11, 2020

Socotra hires former Guidewire Executive Matt Hamilton as Director of Product

As the director of product management, Hamilton led a 30-person team through four major release cycles over eight years.

Posted: Feb 11, 2020

Tokio Marine Deploys Metromile’s Digital FNOL Product

Japan’s largest insurer is expanding an existing relationship to deploy the Metromile first-notice-of-loss product across its $13 billion auto insurance book.

Posted: Feb 10, 2020

Cytora Joins Duck Creek Technologies Partner Ecosystem

Offering U.K. general insurers rapid risk assessment, Cytora gives Duck Creek customers easy and efficient access to the data they need to more accurately underwrite commercial risks.

Posted: Feb 10, 2020

The Standard Names Laxman Prakash Chief Information Security Officer

In his new role, Prakash will take on additional responsibility for IT risk, identity and access management engineering.

Posted: Feb 09, 2020

What Insurers Can Learn from the Microsoft Teams Outage and the Iowa Caucuses App Incident

As we move toward automation based on technology solutions, it seems like we run into these problems with software development and deployment on a regular basis, so it’s always good to view them as both a reminder and a warning.

Posted: Feb 06, 2020

AXA XL Appoints Global Chief Underwriting Officer for Cyber

The insurer has named Elizabeth (Libby) W. Benet to the newly created role to manage the company’s cyber risk portfolio worldwide.

Posted: Feb 06, 2020