IIR

Distribution InsurTech Root Receives $1.5 Investment from Invenfin

The South Africa-based digital insurance platform enabling rapid launch of new products and digital engagement channels, plans to expand in the U.K. and continental Europe.

Posted: Sep 28, 2023

California DIO Reforms Change the Game for Carriers Equipped to Analyze Risk

Carriers can now calculate impact of reinsurance costs and use forward projections in the calculation of rates, and those with more sophisticated data and analytics can be more selective of the risks they chose to insure.

Posted: Sep 28, 2023

Hexure and Paperclip Announce Partnership to Enhance Application Data Workflows

The FireLight and Paperclip integration eliminates the manual data entry processes and increases data integrity by digitizing applications and transmitting data securely and accurately.

Posted: Sep 27, 2023

Heritage Insurance Company Deploys Guidewire Cloud to Enhance Claims Operations

The implementations of Guidewire PolicyCenter and Guidewire BillingCenter will follow the completion of the ClaimCenter implementation.

Posted: Sep 27, 2023

Mylo and Gainbridge Partner to Bring P&C Products to Annuity Customers

The companies have launched the Gainbridge Project, which will embed Mylo’s guided auto and home insurance shopping experience into the Gainbridge platform.

Posted: Sep 27, 2023

Axis Names Edmond Wu Head of Distribution, Specialty, North America

In this newly created role, Wu’s focus will be supporting and growing our existing U.S., Canada, and Bermuda strategic partnerships.

Posted: Sep 27, 2023

USAA Expands Relationship with Resideo

Following a successful connected home pilot program, Resideo Solutions devices are now available to all USAA members through its PERKS program.

Posted: Sep 26, 2023

John Hancock Introduces Life Insurance with Optional LTC Protection to Employers

Available through the workplace, the new IUL product offers a streamlined digital process for employees to receive an instant offer for personally owned coverage.

Posted: Sep 26, 2023

Hexure Acquires Vive

The companies will combine to create a modern, unified platform for life and annuity distribution.

Posted: Sep 25, 2023

Risk Strategies Acquires Strategic Benefit Solutions Inc.

The acquisition brings Risk Strategies deep expertise in the employee benefits market.

Posted: Sep 25, 2023

RLI Moves ClaimCenter to Guidewire Cloud

The specialty P&C insurer seeks to expand claim service and support capabilities, simplify the claim process and reduce ongoing maintenance.

Posted: Sep 24, 2023

Roadzen Secures Nasdaq Listing with $683M Equity Value

The provider of AI-driven technology solutions for auto insurance has completed a business combination with SPAC Vahanna Tech Edge Acquisition I Corp.

Posted: Sep 24, 2023

bolttech Receives $50M Series B Extension from LeapFrog

The Singapore-based insurance ecosystem provider will use the funds to support its global growth strategy aimed at closing the protection gap.

Posted: Sep 21, 2023

Origami Risk appoints Chris Bennett and Mike Kaplan to New Senior Leadership Positions

Kaplan will serve as the president of Origami’s Core Solutions division, assuming all operational responsibilities, and Bennett as the division’s Chief Strategy Officer.

Posted: Sep 21, 2023

HEMIC Deploys Guidewire Cloud for Digital Business Growth

Guidewire Insurance Suite in the cloud will power HEMIC’s core business, simplify IT ops, adapt quickly to changing marketing demands, and deliver value to agents and customers.

Posted: Sep 20, 2023

Openly Raises $100M in Series D Funding Led by Eden Global Partners

The premium homeowners insurer’s latest funding round was led by Eden Global Partners with participation from a mix of current and new investors including Gradient Ventures.

Posted: Sep 20, 2023

Digital Self-Service Platforms: Benefits and Risks for Insurance Companies

A wrong or incomplete self-service automation solution could alienate customers, but the right one can be a win-win for MGAs and their customers.

Posted: Sep 20, 2023

Wawanesa Moves to Guidewire Cloud

Wawanesa, a Guidewire customer since 2010, has adopted Guidewire Cloud to simplify IT operations and adapt more quickly to industry changes.

Posted: Sep 19, 2023

Irish InsurTech Kanya Closes €1 Pre-Seed Funding Round

The funding for the embedded insurance infrastructure platform for SMB insurance comes as the company accelerates market development efforts in the U.K. and U.S.

Posted: Sep 19, 2023

AAFMAA Adopts Sapiens to Modernize the Customer Acquisition Processes

The solution will help AAFMAA maintain the best technology stack and support new customer acquisition, in addition to the increasing volume and complexity of future transactions.

Posted: Sep 18, 2023

Transamerica Collaborates with Bestow to Enhance Financial Protection Offerings

The partnership fits within Transamerica’s strategy to accelerate growth and build America’s leading middle market life insurance and retirement company.

Posted: Sep 18, 2023

Build a New Insurance Core System or Modernize the Old One?

On-time system modernization brings significant benefits, including enhanced customer experience, optimized processes, and lower costs.

Posted: Sep 17, 2023

BriteCore Announces new Product Features

Enhancements included expanded role-based dashboards, in-memory analytics, insurance lines, and new vendor integrations to support greater insights, efficiency and customer satisfaction.

Posted: Sep 17, 2023

AgriSompo Appoints Mondale Smith as Senior VP, International Operations Deputy

Smith will oversee AgriSompo’s day-to-day international operations with a focus on Europe, Asia Pacific, and Latin America.

Posted: Sep 14, 2023

Colonial Surety Names Former SiriusPoint Exec CFO

Kevin Grzelak will lead Colonial Surety Company’s strategy for acquisitions and partnerships, among other strategic initiatives.

Posted: Sep 14, 2023