IIR

AI’s Tremendous Potential for P&C Insurance: SMA Study

Property/casualty insurers are already reaping benefits with AI, but intelligent exploration can lead to potentially limitless use cases in all areas of the insurance value chain.

Posted: Feb 06, 2020

Vermont Mutual Insurance Group Deploys Guidewire InsuranceNow

The Northeast insurer is using Guidewire’s core system in the cloud to increase business agility and speed-to-market.

Posted: Feb 06, 2020

Suravenir Assurances Adopts Force, Shift Technology’s Claims Fraud Detection Solution

The major French insurer will use Force to optimize its fight against automobile and multi-risk home insurance fraud while allowing claims managers to focus on policyholder service.

Posted: Feb 05, 2020

Veruna Names Jennifer Carroll CEO

Carroll, who has helped the company raise more than $5 million in seed and series A funding, will focuse on optimizing operations for efficiency and scaling the company.

Posted: Feb 05, 2020

Customer-Focused Real Estate Startup Opens Insurance Brokerage with Series A Funding

Houwzer, after setting up a title insurance agency and a homeowners’ insurance brokerage, will work to innovate as an underwriter and carrier.

Posted: Feb 05, 2020

Global Insurance Accelerator and State of Iowa Collaborate to Improve Insurance

The IID is providing mentors to the GIA, which in turn provides exposure to InsurTech startups with new ideas and new ways of thinking for the IID.

Posted: Feb 05, 2020

Weston Insurance Selects Prima XL to Support P&C CAT Activities

The insurer selected Prima Solutions’ solution based on its rapid implementation, cloud-based solution, and P&C CAT expertise.

Posted: Feb 04, 2020

Cytegic Partners with Lowers Risk Group on Cyber Risk Quantification

The partnership provides an end-to-end solution for the insurance industry to effectively quantify cyber risk as a core pillar of the cyber insurance underwriting process.

Posted: Feb 04, 2020

Jayant Khadilkar Joins Sandbox Insurtech Ventures as Fund Advisor

Khadilkar is a 30+-year veteran of (re)insurance technology whose executive experience includes companies such as TigerRisk Partners, Renaissance Reinsurance and Applied Insurance Research.

Posted: Feb 04, 2020

Cloverleaf Analytics Partners with HazardHub

The partnership with Cloverleaf will help HazardHub get more detailed information into the hands of insurers at the moment of risk selection.

Posted: Feb 04, 2020

USAA Launches Single Premium Immediate Annuity on SE2 Aurum Platform

The SPIA is the first third-party distributed annuity offered by USAA Life through Fidelity Investments, a company SE2 has been working with since 2013.

Posted: Feb 03, 2020

Novidea partners with Xceedance to Increase Global Reach

Combining Novidea’s Broker Management Platform with the proven insurance expertise and global presence of Xceedance will help the vendor meet the growing market demand for the platform.

Posted: Feb 03, 2020

Fetch! Debuts Searchable Database of Underwriting Guidelines

The application enables agents to search over 100 guidelines in less than 30 seconds, saving agents time and money.

Posted: Feb 03, 2020

Sapiens Introduces Two New Modules in P&C Core Suite v9.7

The latest version of Sapiens CoreSuite for Property & Casualty introduces two new modules that support digital document management and producer management.

Posted: Feb 03, 2020

Aon Acquires Cyber Security Firm Cytelligence

The acquisition of the firm, with deep expertise in cyber incident response and digital forensic investigations, will help Aon expand its current coverages within the cyber market.

Posted: Feb 03, 2020

Novidea Partners with Xceedance to Increase Global Reach

Combining Novidea’s Broker Management Platform with the proven insurance expertise and global presence of Xceedance will help the vendor meet the growing market demand for the platform.

Posted: Feb 03, 2020

Quadient Releases Enhanced Version of Flagship CCM Solution Inspire

The new version has over 1,100 enhancements, with an emphasis on personalized user experience, empowerment of business users, interoperability and scalability.

Posted: Feb 02, 2020

Uncharted Acquires Shift Insurtech

The merger of the Singapore-based companies combines Shift’s core insurance platform and engineering team with Uncharted’s distribution platforms and global operations.

Posted: Feb 02, 2020

Majesco to Acquire InsPro Technologies

The acquisition will bring Majesco capability, scale and expertise for serving customers in the U.S.-based Life and Annuity technology segment.

Posted: Jan 30, 2020

Nationwide Insurance Agents Association Join PIA

The agreement between NIICA and PIA follows Nationwide’s decision to shift to entirely independent distribution, announced April 2018.

Posted: Jan 30, 2020

Policygenius Raises $100M in Series D Round Led by KKR

The online insurance market for consumers will use the investment to accelerate growth, with plans to roll out new financial protection products this year.

Posted: Jan 30, 2020

A Conversation with Guidewire Chairman Marcus Ryu

Ryu reflects on Guidewire’s history, his new role as chairman, what Mike Rosenbaum brings as CEO, and what the future of the insurance industry may hold.

Posted: Jan 30, 2020

Slice Announces Four Slice Mind Services

AI-powered Slice Mind services are designed to enable insurers to more proactively and intelligently protect carriers, businesses, and consumers from risk.

Posted: Jan 29, 2020

BrokerTech Ventures to Hold Accelerator’s First Selection Series Days

BTV will select the top firms of 20 contenders to take part in the first BTV Accelerator cohort, each of which will receive $50,000.

Posted: Jan 29, 2020

Blue Prism Adds DataRobot, ServisBOT and Ultima to Alliance Program

The additions bring conversational AI, automated machine learning and integration with Citrix to the RPA vendor’s ‘Digital Workforce.’

Posted: Jan 29, 2020