IIR

Empathy Announces $47M Series B Funding Round Led by Index Ventures

The Series B funding, participated in by major VC firms and global life insurers, will be used to expand Empathy’s services and cover new industries and regions nationwide.

Posted: Mar 11, 2024

NeuralMetrics Launches Platform Using AI Agents to Enhance Insurance Underwriting

The A-Star Platform’s ‘SAMA’ autonomous AI agents can learn, adapt, and self-correct instantaneously to set new standards in data-driven risk analysis for commercial underwriting.

Posted: Mar 11, 2024

Inside the Growing Convergence Between Life Insurance Carriers and Estate Planners

MetLife’s 2019 acquisition of Willing is perhaps the most notable transaction in the space, but partnerships are becoming more pervasive with each passing year for large carriers with forward-thinking innovation teams.

Posted: Mar 10, 2024

Velotric and Oyster Partner to Deliver Seamless Bike Insurance for Customers

In addition to empowering Velotric customers to obtain insurance, Oyster says its platform also allows Velotric to provide a cohesive insurance program for its bike dealers across the U.S.

Posted: Mar 10, 2024

Arturo Strengthens Leadership Team with the Addition of Donnie Millar and Thom Keyes

The new hires bring extensive tech startup experience, as the company scales into new markets that stand to benefit from advanced property intelligence solutions.

Posted: Mar 07, 2024

Lynda Gammons Joins WTW to lead CRB NA Claims Closure Solutions Team

Gammons will drive the growth of the Claims Closure Solutions, enhancing the business’s service offerings and driving the strategic direction of the group.

Posted: Mar 07, 2024

Driver Technologies Launches Commercial Fleet Referral Program

AI driving copilot app referral program for fleet managers and insurance brokers aims to increase access to telematics, HD video, cloud storage and driver safety.

Posted: Mar 06, 2024

Acadia Insurance Adopts UVeye’s Computer Vision Technology

The northeastern-focused regional carrier will use the AI-driven technology to enhance efficiency and accuracy its appraisal process and streamline claims for vehicles involved in accidents.

Posted: Mar 06, 2024

Verisk Expands Anti-Fraud Capabilities with FRISS, Globlue Partnerships

The partners will join the Verisk Claims Solutions ecosystem by integrating with Verisk’s ClaimSearch platform, which includes the world’s largest P&C claims database.

Posted: Mar 05, 2024

Data Privacy’s Dirty Little Secrets: Big Implications for the Auto Insurance Ecosystem

For those information providers who traffic in the unauthorized use of PII, including claims data, to produce vehicle history reports, now would be a good time to develop an alternate business model.

Posted: Mar 05, 2024

LexisNexis Risk Solutions to Deliver Risk Intelligence to U.K. Insurance Industry

Thatcham Research has selected the company to deliver streamlined access to Vehicle Risk Data, matching of VRD to vehicle registrations, and new predictive vehicle intelligence.

Posted: Mar 04, 2024

PURE Insurance Makes Two Key Leadership Appointments

As the Brand positions for growth, Drew Saad has joined as Chief Underwriting Officer and Dea Malollari has been promoted to Chief Risk Officer.

Posted: Mar 04, 2024

Do Insurers Face a ‘Back to the Future’ Reckoning with Cloud Software?

The industry could see a ‘Back to The Future’ moment with cloud software provider exerting outsized price increases at some point when the risks of switching providers is elevated.

Posted: Mar 03, 2024

Sapiens Expands Presence in Canadian Market

The vendor will strengthen support for existing customers and expand its reach to prospects seeking SaaS solutions across life, property and casualty, and workers’ comp markets.

Posted: Mar 03, 2024

Chubb Engages Cytora to Enhance Claims Automation

The collaboration is focused on enabling Chubb Claims documents to be automatically digitized, eliminating the need for manual intervention.

Posted: Feb 29, 2024

HawkSoft and b atomic! Extend Partnership to Serve Insurance Agencies

The Neon platform has formally joined Hawksoft’s API partner program through API integration between the HawkSoft Insurance Platform and b atomic!’s Neon.

Posted: Feb 29, 2024

Insurity CEO Talks Cloud, Data and Getting ROI from AI

Chris Lafond and Greg Penn, Insurity’s VP of Operations and Valen alumnus, talk with IIR about industry trends and the company’s deep roots in AI.

Posted: Feb 29, 2024

DigsFact Integrates with Verisk’s Claims Estimation Software

DigsFact’s AI and computer vision-based proprietary technology can accelerate the claims process, multiply the adjuster’s productivity and reduce expense by up to 90 percent.

Posted: Feb 28, 2024

Acrisure Launches Wholesure P&C Wholesale Division

The new division will be led by Brian Fischer and will report to Grahame Millwater, Vice Chairman of Global Markets and International.

Posted: Feb 28, 2024

Georgia Farm Bureau Selects Akur8’s Core Platform

The mutual insurer sought to efficiently build high-performing, explainable pricing models.

Posted: Feb 27, 2024

Why Insurance Carriers Should Make the Choice to Offer Choice

Insurers should be focused on conveniently offering customers a variety of insurance options that go beyond their core business solutions in order to more broadly meet the expectations of today’s consumers.

Posted: Feb 27, 2024

One Inc Integrates ClaimsPay with Sapiens ClaimsPro

Building on a collaboration beginning in 2022, One Inc’s ClaimsPay has been integrated with Sapiens ClaimsPro, enabling rapid implementation of digital payment solutions.

Posted: Feb 27, 2024

GSIAY Goes Live on Insurity’a Sure MGA and Sure Billing-as-a-Service

The Georgia-based MGA sought a dramatic increase in billing efficiency and performance, and to implement a comprehensive management system for its specialized insurance services.

Posted: Feb 26, 2024

GSIAY Goes Live on Insurity’s Sure MGA and Sure Billing-as-a-Service

The Georgia-based MGA sought a dramatic increase in billing efficiency and performance, and to implement a comprehensive management system for its specialized insurance services.

Posted: Feb 26, 2024

Desjardins Group Selects Majesco’s Intelligent Sales & Underwriting Workbench

Through a long-term contract with Majesco to implement new business and renewal for its group- benefits business, Desjardins seeks to increase operational effectiveness and enhance CX.

Posted: Feb 26, 2024