IIR

AIB Selects Novidea Platform to Support its Lloyd’s Coverholder Strategy

The platform will automate AIB’s coverholder processes from Jamaica to the London Market while satisfying data capture, exchange, processing, compliance, and reporting requirements.

Posted: Mar 21, 2023

Indiana Farmers Insurance Selects CCC’s AI-Powered Estimating Solution

CCC Estimate – STP delivers AI-generated auto repair estimates with line-level detail in seconds without the need for human intervention.

Posted: Mar 21, 2023

CompScience Collabortes with Nationwide and Swiss Re on AI-Driven Workers’ Comp Product

Reducing claims by up to 23 percent, CompScience now offers Workers’ Compensation Insurance Policies that minimize injuries and premiums via its Intelligent Safety Platform.

Posted: Mar 20, 2023

Generali UK Adopts Supercede Reinsurance Platform

The insurer was able to reduce manual processing when preparing submission data, using advanced automation tools to standardize data into one consistent format.

Posted: Mar 20, 2023

Augmented Intelligence is a Second Set of Eyes on Casualty Claims

When claims adjusters harness the power of artificial intelligence and combine it with their claims expertise, they’re using augmented intelligence to deliver optimal claims outcomes.

Posted: Mar 19, 2023

EquiTrust Builds New Hybrid Annuity/LTC Product with Sapiens’ Technology

Utilizing Sapiens IllustrationPro and ApplicationPro, EquiTrust launched the product and process for customer acquisition in under six months.

Posted: Mar 19, 2023

Buckle Selects Percipience’s Data Magnifier

This implementation aims top drive more accurate underwriting for gig economy rideshare and delivery drivers.

Posted: Mar 16, 2023

Aviva UK Renews Partnership with Majesco

The insurer seeks to improve underwriting profitability and risk mitigation tactics with Majesco Loss Control and GuideStream.

Posted: Mar 16, 2023

Insurity’s Sure Underwriting Workbench Now Available in Microsoft Azure Marketplace

Microsoft Azure customers worldwide now gain access to Insurity’s cloud-based solutions to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.

Posted: Mar 16, 2023

Cover Whale Limits Losses with Dashcams

The InsurTech distributor of commercial auto insurance combines the cameras with massive amounts of data to more accurately price risk, but also to mitigate it in collaboration with policyholders.

Posted: Mar 16, 2023

Near Space Labs Partners with Tensorflight

The partnership will provide Tensorflight with Near Space Labs’ imagery, which allows visualization of property details such as roof type, missing shingles, and water damages.

Posted: Mar 15, 2023

Cover Genius Acquires Embedded Warranty Provider Clyde

Merchants will benefit from the same global, end-to-end protection available at Amazon, eBay, Wayfair, Shopee and several others.

Posted: Mar 15, 2023

Pekin Insurance Uses ValueMomentum to Launch Commercial Lines in Utah

ValueMomentum led a successful implementation of commercial lines on the Guidewire InsuranceSuite platform for Pekin Insurance Utah state rollout.

Posted: Mar 13, 2023

ID-Pal Expands into U.S. with Identity Verification Solution

The U.S. launch comes less than a year after its debut in the U.K. and a Series A funding round.

Posted: Mar 13, 2023

InsurTech: Not Dead but Different

Some InsurTechs will struggle, and there will even be some fatalities, but the majority of InsurTechs are making the necessary adjustments and operating successfully.

Posted: Mar 12, 2023

Transamerica Enhances Group Term Life with Employee Assistance, Travel, and Identity Theft Services

The company characterizes the services as offering valuable confidential resources for employees and their families during times of need.

Posted: Mar 12, 2023

LexisNexis Risk Solutions Enhances Flyreel to Expedite Home Underwriting

The enhancements help U.S. property insurers more easily capture, prioritize and act on relevant property risks to help significantly improve underwriting efficiency.

Posted: Mar 09, 2023

Constellation Insurance Selects SS&C to Scale Commercial Mortgage Operation

Insurance holding company with $1.6b loan portfolio will use SS&C Precision LM to improve efficiency, profitability and risk control.

Posted: Mar 09, 2023

InsurTechs bolt and Pathpoint Announce Small Commercial E&S Lines Integration

Agents can now obtain small commercial excess and surplus lines directly through bolt’s platform.

Posted: Mar 08, 2023

Sure Launches Retrace for Online Merchants to Offer Embedded Insurance

The initial Retrace solution is a one-click embedded protection offering at point of sale for return shipping protection for shoppers.

Posted: Mar 08, 2023

USAA Names Two New CIO SVPs

Suhas Yerra hired as Chief Information Officer for P&C company; John TenEyck promoted within Enterprise Chief Information Office.

Posted: Mar 07, 2023

Betterview and Carpe Data Partner to Provide Business Occupancy Data to P&C Insurers

Access to accurate location-based occupancy data will support Betterview in making faster, smarter policy decisions.

Posted: Mar 07, 2023

New U.S. Fronting Company Chooses VIPR for Optimum Operating Architecture

founders of the fronting company sought to avoid having to repair the damage created by operating systems and procedures that develop during the start-up phase, only to require extensive re-engineering as the enterprise matures.

Posted: Mar 06, 2023

Cumberland Mutual Taps Marias Technology

Marias will assist with quality assurance and user acceptance testing of the N.J.-based insurer’s policy administration system.

Posted: Mar 06, 2023

Unlocking the Future of P&C Insurance with the Power of ChatGPT

The possibilities for a step change in performance exist across the value chain, from automating customer service, assisting underwriting, detecting fraud, generating policies, and streamlining the claims process.

Posted: Mar 05, 2023