IIR

Empathy and Majesco Partner to Benefit Life Insurance Carriers and Beneficiaries

The two companies join forces to elevate the beneficiary experience by equipping life insurers with advanced technology and value-added support services.

Posted: May 30, 2023

Chris McCloskey Joins Duck Creek as Chief Operating Officer

McCloskey is charged with driving key strategy, operational and transformation initiatives across the entire business, particularly within its customer and professional services organizations.

Posted: May 29, 2023

HDI Seguros Colombia Adopts Akur8 RISK and RATE Modules P&C

The agreement follows a successful engagement with HDI in Chile and strengthen’s Akur8’s presence in Latin America.

Posted: May 29, 2023

Verisk Acquires Morning Data to Support Digital Transformation of Brokers and MGAs

The acquisition will expand Verisk’s Specialty Business Solutions’ suite of end-to-end insurance software in the U.K. and globally.

Posted: May 29, 2023

Talanx Group Third Largest LATAM Insurer through Acquisitions from Liberty Mutual

The Retail International division of the Talanx Group has agreed to acquire the Liberty Seguros personal and small commercial business in Brazil, Chile, Colombia, and Ecuador.

Posted: May 28, 2023

Jewelers Mutual Group Launches LUX Digital Vault to Retail Jewelers

The new ‘cool-tech’ solution revolutionizes how jewelers connect and stay connected to their customers.

Posted: May 25, 2023

Cincom Systems Partners with Sapiens to Deliver Automated Correspondence Processing

Cincom’s Eloquence platform will streamline integrations, offering with more timely, relevant and personalized communications across the entire policyholder lifecycle.

Posted: May 25, 2023

Lexasure Financial Group and AgriG8 Partner to Extend Finance and Insurance to Indonesia’s Smallhold...

The proposed strategic partnership is designed to leverage AgriG8’s proprietary appraisal system to identify and engage with high-quality farmers.

Posted: May 25, 2023

Nationwide Ventures Invests in Climate-Tech Startup Mitiga

The Barcelona based company uses science and technology to identify severe weather risks at a time when insurers are facing increased losses.

Posted: May 24, 2023

AmTrust Implements Bond-Pro Surety Technology in Under 90 Days

AmTrust utilizes Bond-Pro’s solution to streamline account management, bond issuance, reporting, and other Surety related functions.

Posted: May 24, 2023

Synatic Releases New Insurance Data Solutions

Designed to help insurance agencies build business faster, Synatic Solutions can also improve communications between underwriters and agencies.

Posted: May 24, 2023

Pega Announces Pega GenAI Integrated with Pega Infinity ’23

The set of 20 new generative AI-powered boosters will be integrated across Pega Infinity ’23, the latest version of Pega’s product suite.

Posted: May 23, 2023

Are Back Office Printers a Vector for Cybersecurity Incidents?

While most insurers are focusing on security controls and expanded security awareness and training, there is a more mundane source of data breaches that is often overlooked: the back office printer.

Posted: May 22, 2023

University of Iowa Partners with the GIA to Develop Early-Stage InsurTechs

The University’s Tippie College of Business will work with the Global Insurance Accelerator to share insurance expertise and entrepreneurial knowledge with startups.

Posted: May 22, 2023

Sapiens Allies with Microsoft to Leverage Generative AI for Insurers

The integration will support the creation of solutions for insurance companies that allow customers to easily navigate complex documents using natural large language AI models.

Posted: May 22, 2023

Insurity to Provide Sure Claims Payments as a Standalone Offering

Sure Claims Payments now comes with the new Express Launch capability enabling insurance organizations to launch digital payments in as little as four weeks.

Posted: May 21, 2023

Synchrono Group Selects KCC for Risk Modeling Applications

The applications are delivered through KCC’s new underwriting application, powered by rapid, high-resolution modeling analyses for complex commercial policies.

Posted: May 21, 2023

Coaction Specialty Selects Percipience’s Data Magnifier

The insurer will use the Percipience solution to unify data from existing core administration and financial systems.

Posted: May 18, 2023

German InsurTech wefox raises US$110M from J.P. Morgan and Barclays

The company will use the funding to strengthen its insurance and distribution business, including the launch of a global affinity business and developing the technology platform.

Posted: May 17, 2023

Bradesco Seguros Selects Akur8 for Risk Modeling and Pricing

Akur8’s modular pricing platform is designed to enhance pricing processes by using proprietary machine-learning technology.

Posted: May 16, 2023

Atain Selects Sapiens to Automate and Modernize P&C Core Processes

The insurer sought to upgrade its legacy technology to support greater speed to market to better manage product rollout and enable rapid growth expectations.

Posted: May 16, 2023

bolttech Raises $196M in Series B Round Led by Tokio Marine

Now valued at $1.6B, bolttech announced new investors MetLife and Khazanah Nasional.

Posted: May 16, 2023

CAPE Analytics Extends Relationship with The Hanover Insurance Group

The Hanover plans to integrate geospatial analytics from CAPE into its rating plans to offer customers better coverage and pricing.

Posted: May 16, 2023

Harford Mutual Hires Jeffery Bischoff to Lead Information Technology

Bischoff is responsible for developing and leading the company’s IT strategy to enable the goal of being the regional insurance carrier of choice.

Posted: May 15, 2023

John Hancock adds ŌURA Ring Technology to Vitality Program

Eligible John Hancock Vitality life insurance customers receive exclusive discount on Oura Ring purchases.

Posted: May 15, 2023