IIR

Attorney Involvement Continues to Increase the Cost of Commercial Claims

How can insurers protect their business from excessive litigation? Let’s take a look at the forces behind this growing phenomenon and how you can be proactive in your defense.

Posted: May 15, 2023

EagleView Technologies Names Piers Dormeyer CEO

Former CEO Chris Jurasek has been named Executive Chairman, as the company marks its 25th year by saying it will continue its commitment to revolutionizing the aerial imagery business.

Posted: May 14, 2023

Roots Automation Introduces InsurGPT Generative AI Model for Insurance

The application has already been deployed to clients using Roots Automation’s insurance-specific Digital Coworkers.

Posted: May 14, 2023

WTW Introduces IFRS 17 Reporting Solution to Technology Suite

The Financial Results Analyzer (FRA) solution helps users achieve the new IFRS 17 accounting standard in a transparent, controlled and efficient way.

Posted: May 11, 2023

Chubb Appoints Mark Homan to Lead International P&C Division

Currently the division’s COO, the property/casualty industry veteran brings extensive underwriting and international experience.

Posted: May 11, 2023

Federal Life Partners with SwissRe, Reframe Financial on Digital Insurance

Reframe LifeStage provides families with a hybrid policy that features Indexed Universal Life insurance with cash value and LTC benefits within a completely digital experience.

Posted: May 11, 2023

FM Global Launches Climate Change Product to Predict Risks

The new tool identifies client-specific locations with the largest potential impact due to risk from extreme rain, strong winds, heat waves, droughts and rising sea levels.

Posted: May 11, 2023

Sapiens Launches PaM for Near-Real Time Changes to Business Logic

Integrated with Sapiens’ Decision Manager, Decision Parameter Management (PaM) enables faster decisioning, enhancing the existing Decision solution by separating data values embedded within business logic.

Posted: May 10, 2023

Workforce Insurance Underwriters Implements Joshu to Power New Commercial Products

WIU is using the platform to power occupational accident, contingent liability, non-trucking liability, physical damage, and workers’ compensation coverages for the commercial trucking industry.

Posted: May 10, 2023

Ravin AI Secures Investment from IAG Firemark Ventures

IAG will deploy Ravin’s AI-powered visual inspection solutions across a range of its insurance brands to streamline the condition assessment, maintenance and repair of vehicles/fleets.

Posted: May 10, 2023

CCC and Verisk Form Strategic Partnership for P&C Claims Innovation

The first project announced through the partnership is a planned integration of anti-fraud analytics from Verisk’s claims fraud detection solution with CCC’s claims platform.

Posted: May 09, 2023

Propeller Bonds Partners with National Association of Professional Insurance Agents

As a recommended surety and fidelity bond platform, Propeller will digitize surety bonds for PIA members.

Posted: May 09, 2023

Ambac Names Naveen Anand President of Cirrata Group

The newly created position was established to expand Ambac’s insurance distribution division.

Posted: May 09, 2023

The 3 Trends Rocking the P&C Insurance Industry in 2023

In this article, we will explore three trends driving the P&C insurance industry forward and how they shape the future of insurance. Those organizations that understand these trends and embed them into their business strategies are poised to come out...

Posted: May 08, 2023

Western Skies Adopts Gradient AI to Grow SMB Stop-Loss Business

The MGU took advantage of Gradient AI’s SAIL for its rich medical data lake and predictive analytics to tap into new markets.

Posted: May 08, 2023

Coalition Launches Executive Risks Insurance for Not-For-Profit Organizations

Brokers can now offer D&O, EPL, Fiduciary Liability Insurance, and Crime Insurance to not-for-profit organizations.

Posted: May 07, 2023

DXC Technology Completes Major Data Center Migration for London Insurance Market

70 billion rows of data, 700 IT assets, and over 200 business applications successfully moved in what the vendor describes as one of world’s most ambitious data center migrations.

Posted: May 07, 2023

Mutual Benefit Group enhances CX with SPLICE

SPLICE’s automated solution enables MBG to collect and manage customer consent for automated messaging and send personalized text messages.

Posted: May 04, 2023

Percipience and Concirrus Partner to Expand Data Capabilities for Insurers

The partnership combining Percipience’s comprehensive insurance data and analytics platform with Concirrus’ big data and machine learning capabilities.

Posted: May 04, 2023

Verisk Refocuses Exclusively on Insurance with New Emphasis on Life Insurance

Verisk’s Neil Spector talks about the company’s refocus, its strategy to provide innovative solutions organically and through acquisitions, its geographic expansion, and how it’s building life insurance industry offerings, building from its acquisiti...

Posted: May 04, 2023

Sunlight Solutions Partners with Finovox

Through the partnership, Finovox’s false document identification technology will be combined with Sunlight Solutions platform.

Posted: May 03, 2023

Mitchell Expands Support for EVs Through Agreement with OEM Rivian

Enhancements to Mitchell Cloud Estimating include features that directly address the design and construction differences between EVs and internal combustion engine-powered automobiles.

Posted: May 03, 2023

CLARA Analytics Launches AI Platform for General Liability Claims

The vendor applies proven models from other business lines to predict claim severity and attorney involvement in order to control costs.

Posted: May 03, 2023

Duck Creek Integrates Carpe Data ClaimsX and Minerva

Carpe Data’s actionable insights will help Duck Creek’s customers reduce fraud, automate decision-making, improve pricing strategies, and make more informed underwriting and claims decisions.

Posted: May 02, 2023

Novidea Raises $50M in Series C Round Led by Battery Ventures

The company plans to use the funding to expand its product suite and its global footprint.

Posted: May 02, 2023