IIR

Capital Insurance Group Selects InsuranceSuite on Guidewire Cloud

CIG has selected InsuranceSuite on Guidewire Cloud to power core operations, simplify IT operations, and quickly adapt to changing market demands.

Posted: Oct 12, 2022

One80 Intermediaries Launches Multi-Carrier Pricing with ClarionDoor

ClarionDoor’s comparative rating and quoting solution allows brokers to evaluate indications from multiple carriers in real-time, mitigating the need for repetitive data entry and manual comparisons.

Posted: Oct 12, 2022

Coalition and BDT Capital Partners Announce the Launch of Ferian Re

Ferian Re commits long-term capacity to Coalition’s cyber insurance programs.

Posted: Oct 12, 2022

State Farm Makes $1.2B Equity Investment in ADT

The investment, including a $300 million opportunity fund commitment by State Farm, aims to revolutionize the customer experience by combining security, risk mitigation and smart home capabilities.

Posted: Oct 12, 2022

Blink Parametric Partners with Saskatchewan Blue Cross to Provide Flight Disruption Service

Saskatchewan Blue Cross will be offering policyholders a service whereby individuals can register for flight delay coverage up to one hour ahead of their departure time.

Posted: Oct 11, 2022

Verisk Creates Geolocation Solution for Commercial and Residential Risk Assessment

BINS utilizes geospatial data and proprietary technology to create an inventory of commercial and residential structures.

Posted: Oct 11, 2022

VEREINIGTE HAGEL Selects Sapiens IDITSuite to Transform Core

The German agricultural insurer’s application landscape will be replaced by the Sapiens modular system that enables continuous end-to-end processing from front-end portal to back-end billing.

Posted: Oct 10, 2022

Embroker Names David Derigiotis Chief Insurance Officer

Derigiotis is tasked with leading development of innovative specialty insurance products for business verticals.

Posted: Oct 10, 2022

Gradient AI Expands Medical Underwriting through Prognos Healthcare Analytics Acquisition

The integrated offering provides group healthcare insurers improved risk assessment through access to medical, prescription and lab data on a single platform.

Posted: Oct 09, 2022

Next Level Solutions: Taking the SI Concept to a Higher Plane

Chris Sawyer, co-founder and CEO of NLS, talks with IIR about how a connection with Duck Creek expert Michael Smith led to the onshore/nearshore SI’s unique company culture.

Posted: Oct 06, 2022

Aspida Chooses FireLight to Help Power Annuity Sales

Aspida will use FireLight platform to help distribute suite of annuity products to broker-dealer channel.

Posted: Oct 05, 2022

Reflections on ITC 2022

We’ve seen a decade of aggregators, DTC approaches, and a multitude of trends, learning, and changes in our 1.0 phase; the focus now is on what will help us build on what we’ve learned.

Posted: Oct 05, 2022

Skyward Specialty Leverages Gradient AI to Offer Stop-Loss Solution

The insurer’s A&H division can evaluate group health risk at a deeper level by integrating intelligence from Gradient AI’s medical dataset into the underwriting process.

Posted: Oct 04, 2022

Guardian Life Names Jonathan Mayhew Head of Group Benefits

Mayhew appointment enhances the steps Guardian has taken to advance its strategy, drive growth, and deliver increased value to consumers

Posted: Oct 04, 2022

Overhaul Launches Insurance to Improve Supply Chain Performance

Aimed at middle-market global shippers, the Shipper’s Interest Insurance Program aims to significantly reduce losses while improving overall supply chain performance.

Posted: Oct 04, 2022

Plymouth Rock Names Paul Measley Chief Claims Officer

The GEICO alumnus will lead the Claims team for Plymouth Rock’s Independent Agency Auto business.

Posted: Oct 03, 2022

Accenture Acquires Blackcomb Consultants to Boost Guidewire SI Business

The acquisition of the Guidewire ‘Advantage’ partner will enhance Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become ‘cloud-first’ businesses.

Posted: Oct 03, 2022

OneShield Names Rex Blazevich President of OneShield Market Solutions

Blazevich’s appointment to the newly created role follows a tripling of the OneShield business unit’s team during the past year.

Posted: Oct 03, 2022

New Ohio National Annuity Rider Offers Guaranteed Retirement Income Growth

The new Fixed Indexed rider offers the ability to increase retirement income every year for life, potentially offsetting effects of inflation on retirement lifestyle.

Posted: Oct 02, 2022

Majesco Acquires Global IQX

The acquisition advances Majesco’s North American L&AH competitive position with ‘tip of the spear’ business transformation solutions and capabilities.

Posted: Oct 02, 2022

Avanta Ventures Announces $225M Fund II

The venture capital firm’s second fund brings its assets under management to over $300M.

Posted: Sep 29, 2022

WTW Names Michelle Cui Director, Insurance Consulting and Technology Business

Cui has extensive carrier experience, with expertise in pricing, predictive analytics, and product development for both commercial and personal lines.

Posted: Sep 28, 2022

Anti-Fraud Innovation Is Critical to the Digital Claims Journey

As insurers explore emerging anti-fraud tech, there are several questions they should consider, such as whether the solution integrates with their claim systems, if it automates referrals, can they customize risk scoring based on their book of busine...

Posted: Sep 28, 2022

HOVER Expands Capabilities to Provide Measurements and Floor Plans of Property Interiors

HOVER asserts that it is the only solution that provides both exterior and interior property measurements for insurance claims with just a phone app.

Posted: Sep 28, 2022

GEICO Extends Relationship with CCC by Adopting Smart Digital Fraud Detection

Powered by AI, CCC Smart Red Flag with Cross Carrier Analysis uncovers claims discrepancies and duplicate filings across participating insurers and improves straight-through processing.

Posted: Sep 27, 2022