IIR

The Standard Acquires Allstate Employer Voluntary Benefits Business for $2B

The Standard will become Allstate’s exclusive carrier for sales of group life and disability, guaranteed standard issue individual disability, supplemental and voluntary products distributed by Allstate’s exclusive agents.

Posted: Aug 13, 2024

Phyn Partners with Bamboo to Provide Water Solutions for California Homeowners

The partnership offers eligible Bamboo policyholders a 10% discount on insurance premiums for homeowners who install Phyn Plus and a 15% discount on the Phyn product suite.

Posted: Aug 13, 2024

Cytora expands Arch Insurance Partnership into the U.S.

The partnership, which is part of Arch Insurance’s digital transformation, will accelerate commercial insurance workflows.

Posted: Aug 12, 2024

Genetic Risk Testing—Policyholder Misconceptions and Benefits to Insurers

Despite the value of genetic information to life insurance policyholders, misconceptions impede its widespread adoption among not just policyholders but also insurers.

Posted: Aug 12, 2024

Insurity Launches Spreadsheet API to Enhance Insurance Product Development

The new application has the potential to modernize the insurance industry by offering a rating platform that integrates seamlessly with existing systems, ensuring faster, more efficient product launches.

Posted: Aug 12, 2024

Society Insurance Selects Sapiens to Automate and Transform Reinsurance Processes

The niche insurance provider will us Sapiens’ reinsurance management solution to improve efficiency, expand capabilities for complex structure management, and mitigate claims leakage

Posted: Aug 11, 2024

Guidewire Kufri Release Expands HazardHub Internationally

The latest Guidewire cloud release brings additional capabilities to various stakeholders, and through expands HazardHub in 19 more countries to rapidly assess property risk.

Posted: Aug 11, 2024

EMPLOYERS Workers’ Compensation API Live on Dyad’s ACE-HUB

Dyad’s current customers will access EMPLOYERS’ Workers’ Compensation products via ACE-HUB immediately and the product will be available for others as needed.

Posted: Aug 11, 2024

The Mutual Group: Solutions for the Unique Challenges of Mutual Insurers

IIR talks with CEO Tim Fleming about the range of solutions TMG offers, from capital to technology, to improve the underwriting success of its member companies.

Posted: Aug 08, 2024

Lessons from the Crowdstrike Meltdown

The outage highlights the need for insurers to evaluate their technology risk and have a robust recovery plan.

Posted: Aug 08, 2024

Continental General Selects Sapiens Insurance Platform for L&A

Continental will deploy the Platform to more efficiently implement its long-term care insurance specialty and expand its TPA services.

Posted: Aug 07, 2024

Duck Creek Launches Policy with Active Delivery

The cloud-native solution enables P&C/general insurers to delivery products at scale by eliminating the need for upgrades, according to the vendor.

Posted: Aug 06, 2024

Embroker Names Andy Lea Chief Insurance Officer, Kristy Malm COO

The executive appointments were made to expand Embroker’s digital insurance platform and advance its mission to further modernize the insurance industry.

Posted: Aug 06, 2024

Rockford Mutual Insurance Company Selects Sapiens ReinsurancePro

The Illinois-based mutual seeks to fully automate its reinsurance management processes, to maximize efficiency and profitability, and mitigate costly claims leakage.

Posted: Aug 05, 2024

ZestyAI Launches Z-WATER to Address Interior Water-Related Losses

Addressing the third-largest cause of insurance losses, the new solution predicts the frequency and severity of non-weather water and freeze claims for every property in the country.

Posted: Aug 05, 2024

One Inc Names Michael Ellis CFO

Ellis will be responsible for overseeing the company’s financial activities and will help guide One Inc’s future direction in collaboration with CEO Ian Drysdale.

Posted: Aug 05, 2024

Can Climate Tech Save Insurance?

The future of the insurance industry is dependent on how it responds to climate change.

Posted: Aug 04, 2024

Arctic Wolf Expands Cyber JumpStart Program to Help Business Improve Insurability

With the support of its insurance parners, Arctic Wolf opens free Cyber JumpStart program directly to businesses to manage cyber risk and advance insurability and business resilience.

Posted: Aug 04, 2024

Quility Acquires Ninja Technologies LLC

The sales-enablement platform plans to re-brand Ninja and add it to its growing suite of offerings under the Switchboard umbrella.

Posted: Aug 04, 2024

Ascot Names Ian Grayson CIO for U.K. and Bermuda

Grayson is responsible for developing and executing a technology transformation strategy and driving innovation and growth to support Ascot’s UK and Bermuda platforms.

Posted: Aug 04, 2024

Reflecting on CrowdStrike: Disaster, Recovery—The Day After

Moving workloads to cloud providers has advantages, but single-threading through environments or vendors can swap one type of risk for another.

Posted: Aug 01, 2024

EagleView Hires Mark MacDonald as VP, Enterprise Business Development

The former Nay SEAL comes to EagleView after managing regional sales and product innovation at Sherwin-Williams.

Posted: Aug 01, 2024

CrowdStrike Outage: Policyholder Guidance and Insurance Implications

While many such failures, including this one, are unlikely to reach catastrophic levels, the failure of more ubiquitous software products very well could.

Posted: Aug 01, 2024

Trium Adds Lloyd’s Market Experience to its Syndicate Board

Trium has named Hanna Metsanvirta, formerly of Tokio Marine Kiln and MS Amlin, Underwriting Performance Director, and Active Underwriter for Syndicate 1322.

Posted: Jul 31, 2024

Applied Launches Epic Dashboards within Applied Epic

The new embedded data analytics capability provides interactive data visualization capability transforms vital business performance data for specific agency roles.

Posted: Jul 30, 2024