IIR

Xceedence Joins Duck Creek as Premier Reinsurance Partner

Xceedance brings cutting-edge technology and top-tier service solutions to reinsurers globally.

Posted: Feb 19, 2024

Universal Insurance Programs Selects INSTANDA’s Digital Platform

The Phoenix-based program administrator plans to introduce an improved broker portal with a streamlined submission process and online quoting.

Posted: Feb 18, 2024

2024 AI Trends Reshaping Insurance Operations

The industry’s strategic focus on AI adoption, coupled with nuanced considerations for data quality and talent retention, is poised to usher in a new era of innovation and operational excellence to the insurance sector in 2024.

Posted: Feb 18, 2024

Pet GPS Company Tractive Launches Insurance Product with Ignite, Covéa

Tractive is offering policyholders a range of discounts on their devices, which track pets’ GPS location and monitor activity and sleep.

Posted: Feb 15, 2024

Zinnia to Acquire Ebix Inc.’s Life and Annuity Software Assets

The assets include insurance focused CRM & agency management, market-leading research, quoting, illustration, order entry tools, and a comprehensive underwriting platform.

Posted: Feb 15, 2024

InsurTech Cake Secures $1.3M in Pre-seed Funding

The startup seeks to revolutionize the buying, selling, and valuing of insurance books of business.

Posted: Feb 14, 2024

Crawford Technologies Partners with PossibleNOW

PossibleNow’s preference management system now connects with Crawford’s enterprise communications software to enhance control over communication preferences.

Posted: Feb 14, 2024

West Bend Moves to Guidewire Cloud to Modernize Claims IT Operations

Through Guidewire Cloud, the insurer will be able to leverage Guidewire Canvas, Guidewire Explore, and Guidewire Predict to enable proactive claims management analysis and optimized loss management.

Posted: Feb 14, 2024

New Mexico Mutual Casualty Company Moves to Guidewire Cloud

The migration lets the carrier’s staff focus on delivering value to agents and policyholders, and opens up opportunities to adopt analytic and digital capabilities on Guidewire Cloud.

Posted: Feb 13, 2024

CoreLogic Deepens Capabilities through Strategic Alliance with Google Cloud

CoreLogic’s continued collaboration with Google Cloud focuses on new product capabilities powered by Vertex AI.

Posted: Feb 13, 2024

Laura A. True Named Divisional Vice President at Great American

True has more than 20 years of experience in middle market underwriting, having previously served in various roles with two global insurance companies.

Posted: Feb 12, 2024

ACORD Launches Global Advisory Council to Drive Collaboration and Digitalization

Key insurance industry organizations will represent leading and emerging insurance hubs across the world with the objective of enhancing and expanding collaboration.

Posted: Feb 12, 2024

Wipro Invests in Aggne to Strengthen Consulting and Service Capabilities

Aggne’s services include IP-led consulting, implementation, and managed services with a strong focus on the Duck Creek platform.

Posted: Feb 12, 2024

A Shifting Insurance Market Requires Shifting Priorities in 2024

InsurTech partnerships will continue to bridge the technology gap, enhancing risk assessment accuracy, streamlining operations, and customizing experiences for both insureds and distribution partners.

Posted: Feb 11, 2024

Pekin Insurance Moves to Guidewire Cloud

The Illinois-based P&C carrier seeks to simplify IT ops, and improve platform support and expense management.

Posted: Feb 11, 2024

Sertis Expands Offering to Multifamily Insurance Market to 32 State

The MGA seeks to simplify the provision of master insurance programs for brokers and agent in a way that is especially beneficial to clients with distributed properties.

Posted: Feb 11, 2024

Mercury Insurance’s New Exec Hire Augurs New Data Science Vision

The appointment of Simon Zhang as Chief Data and Analytics Officer supports an ongoing effort to utilize advanced data analytics to drive business growth and better meet policyholder needs.

Posted: Feb 08, 2024

CopperPoint Insurance Companies Adopts Guidewire Cloud

The insurer migrated InsuranceSuite and the Guidewire CustomerEngage and Guidewire ProducerEngage digital applications simultaneously from a self-managed environment to Guidewire Cloud for its Southwest and California regions.

Posted: Feb 08, 2024

Kia America Joins LexisNexis Telematics Exchange to Benefit Kia Connect Customers

The connected vehicle data offers personalized driving scores to help Kia drivers to be better informed about driving habits and access more personalized insurance premiums.

Posted: Feb 08, 2024

Cleos Goes Live with Sapiens SCIPSuite to Seamlessly Launch New Products

Hosted on Microsoft Azure, Sapiens’ platform empowers the German pet insurer to launch products faster, easier and more cost-efficiently.

Posted: Feb 08, 2024

DWP of Cyber Insurance Could Rise to $23B by 2025, says Triple-I

The cyber insurance market is growing dramatically, and the two main drivers are ubiquitous cyber threats and insurers’ maturing response in clarifying policy coverage and exclusions.

Posted: Feb 08, 2024

Ensuring Stronger Acquisition Integrations for Insurers

Questions about how the different company cultures align, leadership capabilities, brand, business processes, and the supporting technology are matters that acquirers must answer early on.

Posted: Feb 08, 2024

NeuralMetrics Launches Generative AI Underwriting Data Workbench

The solution utilizes enriched LLM and ML techniques to interpret and process vast amounts of up-to-the-minute data to determine risk intelligence and industry classification details.

Posted: Feb 07, 2024

DynaRisk Introduces Intelligence Data Lake to Transform Cyber Risk Management

The Intelligence Data Lake enhances the accuracy of data breach predictions, identifies more cyber risks on more customers and speeds up response time.

Posted: Feb 07, 2024

Managed Repair Vendor handdii Integrates with Verisk Solutions

The integration, which connects through Verisk’s XactAnalysis, aims to automate the exchange of claim data and communications, enabling greater productivity and enhanced digital experiences for property claims.

Posted: Feb 07, 2024