IIR

Socotra raises $50M in Series C Funding Round

Following a year with 17 new customers, Socotra will use this funding round to further expand product functionality and broaden its reach throughout Europe and Australia.

Posted: Mar 30, 2022

Sollers Consulting Expands Services in North America

A new business unit based in Richmond, Va., will be led by Guidewire veteran Justin Hall.

Posted: Mar 30, 2022

Penn Mutual Names Mark Strosahl CISO

Strosahl was most recently information security officer for the retirement business at Principal Financial Group.

Posted: Mar 29, 2022

Insurity Vaunts Top Cargo Solution following Lloyd’s Certificate Office Closure

With the LCO’s announcement that it will no longer issue certificates, the vendor characterizes Insurity Marine Suite as the most comprehensive certificate solution.

Posted: Mar 28, 2022

MetLife Brazil Adopts Automated Underwriting Tech from Munich Re Automation Solutions

A five-year agreement gives MetLife and other third-party clients in Brazil access to modules from the vendor’s suite of automated underwriting and advanced analytics tools.

Posted: Mar 28, 2022

SE2 Acquires Breathe Life

The acquisition expands SE2 its end-to-end SaaS solutions to help carriers offer a digital buying experience and gives it access to Montreal’s tech talent.

Posted: Mar 27, 2022

Duck Creek Names Shreyas Vasanthkumar Managing Director EMEA

Vasanthkumar comes from Hexaware Technologies, where he was most recently responsible for managing all sales and business development activities for Hexaware EMEA.

Posted: Mar 27, 2022

Cypress Property and Casualty Insurance Selects CAPE Analytics

CAPE Analytics’ property intelligence allows Cypress to offer faster underwriting decisions that more accurately reflect commercial and homeowners property risk.

Posted: Mar 24, 2022

Glia $45M Series D Brings Total Funding over $150M, Valuation over 1B

The new funding will be used to expand Glia’s geographical footprint and urther invest in advanced AI, analytics, messaging, voice, and video capabilities.

Posted: Mar 24, 2022

Digital Insurance Advisory Sherpa Receives Strategic Investment from bolttech

The companies seek to expand the geographical reach of the Sherpa Score digital insurance and protection advisory tool to new markets in Asia and the U.S.

Posted: Mar 24, 2022

CNA joins Vertafore’s Commercial Submissions Solution

The major commercial insurer’s participation on the real-time quoting platform brings independent agencies even greater choice to quickly quote coverage for their business clients.

Posted: Mar 24, 2022

Lemonade Launches Auto Product in Tennessee

Launched in Illinois in Nov. 2021, the Lemonade Car product can be bundled with renters, home, pet and life insurance policies.

Posted: Mar 24, 2022

Nationwide Adopts NoCell to Help Fleet Customers Curb Distracted Driving

NoCell’s hybrid/software system allows fleet managers to configure driver use of phone’ according to company policy and to balance safety and productivity.

Posted: Mar 24, 2022

Ohio Mutual Selects One Inc ClaimsPay

The implementation aims to enhance the outbound claims payment process, providing new and improved options that allow for faster receipt of funds.

Posted: Mar 23, 2022

FINEOS Platform Release Delivers Group, Voluntary and Absence Management Enhancements

The Winter Release product updates fortify sales and services efficiencies, enable new product speed-to-market, and enhance multiple customer experiences.

Posted: Mar 23, 2022

Beasley Deploys ClarionDoor’s Comparative Rating Solution

Implemented within three weeks, ClarionDoor has positioned Beasley to improve operational efficiency and provide a better overall customer experience.

Posted: Mar 22, 2022

SECURA Selects Betterview to Improve Risk Mitigation

The Wisconsin-based carrier has chosen Betterview’s Property Intelligence Platform to improve efficiency, speed-to-market, and profitability.

Posted: Mar 22, 2022

Fenris Forms Partnership with Quotehound

Lead scoring, combined with enterprise marketing tools, aims to improve insurance customer acquisition.

Posted: Mar 21, 2022

Admiral Selects Nuvalaw, Trust Arbitration to Speed Auto Claims Resolution

The carrier’s decision followed a successful pilot with claimant law firms and Admiral aimed at speeding the resolution of personal injury claims.

Posted: Mar 21, 2022

MNK Re Partners with Blink Parametric

The specialist Lloyd’s insurance and reinsurance broker will expand offerings supported by the Blink Parametric platform.

Posted: Mar 21, 2022

U.S. Insurance Carriers Engage BPO Providers to Recover From Pandemic

The ISG Provider Lens report sees U.S. insurance firms also turning to BPO providers to improve customer experience.

Posted: Mar 20, 2022

ACORD Solutions Group Adds Contract Data Exchange to ADEPT

Built in collaboration with the world’s largest reinsurers and reinsurance brokers, new functionality extends ADEPT’s data exchange capabilities to include Treaty Placement.

Posted: Mar 20, 2022

Toggle Wins Celent 2022 Model Insurer Award

Created as an innovation sandbox for Farmers, the company has grown into an operating division with its own brand, with embedded technology for renters and auto insurance.

Posted: Mar 17, 2022

Celent Presents 2022 Model Insurer Awards

Toggle named Model Insurer of the Year, 16 other companies recognized as leaders in five categories, representing nearly 100 applicants from 28 countries.

Posted: Mar 17, 2022

iink Payments Raises $2.8M to Streamline Claims Payments for the Restoration Industry

The seed round was led by Motivate Venture Capital, with participation from Green Egg Ventures, Carolina Fintech Ventures, IU Ventures, and others.

Posted: Mar 17, 2022