IIR

FRISS Acquires Polonious Insurance Investigations

The feature-rich Polonious product will improve FRISS Investigations capabilities worldwide, closing the loop by bringing in more data, fraud schemes and trends.

Posted: Mar 06, 2022

Insurity Transformed, a Conversation with CEO Chris Lafond

In 2017 Insurity began a transformation aimed at expanding its target markets and steering insurers a way from heavy customization and into the cloud.

Posted: Mar 03, 2022

Chuck Chamness Joins Sandbox Insurtech Ventures as an Advisor

Chamness, 18 years as the President and CEO of NAMIC, will collaborate closely with the Sandbox Insurtech leadership team and its portfolio companies to provide strategic counsel across the insurance industry.

Posted: Mar 03, 2022

Duck Creek Allies with Glia to Enable Real-Time Customer Service

Glia’s Digital Customer Service platform will be embedded into the Duck Creek Suite and be directly available to the vendor’s customers.

Posted: Mar 03, 2022

Pendella Technologies Raises $5.2M in Seed-2 Funding

American Family Ventures and MassMutual Ventures led the funding round for the company focused on eliminating bias from life insurance.

Posted: Mar 02, 2022

Stere Partnership Brings distriBind Bordereaux Management to U.S. Program Market

Through the new partnership, U.S. carriers, reinsurers, and MGAs now have easy access to the system through Stere’s digital ecosystem for insurance programs.

Posted: Mar 02, 2022

Duck Creek Expands CoreLogic Relationship to Bring Hazard Solutions to Customers

The expanded relationship gives Duck Creek’s customers access to more comprehensive hazard solutions.

Posted: Mar 02, 2022

Data Driven Insurance Transformation

Insurers are re-shaping their roles and value propositions with customers in mind, transforming into data driven, value-based entities.

Posted: Mar 02, 2022

Bowhead Specialty Underwriters Selects OWIT Global Document Generation Solution

OWIT’s Document Solution will extend Bowhead’s underwriting system, enabling the company to easily configure and manage documents without vendor dependency.

Posted: Mar 01, 2022

Farmers & Mechanics Implements the insured.io Platform

(Image credit: Randy Fath/Unsplash.) Farmers & Mechanics Insurance Companies (Farmers & Mechanics) (Martinsburg, W.Va.) has successfully implemented the insured.io’s (Sacramento, Calif.) Customer Engagement Platform. Established in 1877, Farmers & Me...

Posted: Mar 01, 2022

Verisk Acquires Canadian Property Intelligence Provider Opta

The acquisition aims to expand Verisk’s geographical footprint and accelerate customers’ innovation agendas.

Posted: Mar 01, 2022

Counterpart Raises $30M for Small Business Management Liability Insurance Platform

Counterpart says it will use the new growth capital to expand its footprint, scale its team and launch new products–including Crime and Excess insurance in the coming months.

Posted: Mar 01, 2022

Kin Announces $82 Million First Close in Series D Financing

Having raised a total of $215M, Kin will continue to recruit top talent, expand its product suite, and bring its proprietary technology and DTC model to additional states.

Posted: Feb 28, 2022

FOXO Technologies Enters Business Combination Agreement with SPAC

As a result of the transaction, FOXO, which applies epigenetics and AI to modernize life insurance, is expected to become publicly listed.

Posted: Feb 28, 2022

Hub International and Bold Penguin to Acquire Insureon

Hub will acquire the Insureon digital insurance agency and brand while Bold Penguin will acquire the Insureon technology platform.

Posted: Feb 28, 2022

Alioi Nissay Dowa’s MOTER Subsidiary Selects Socotra for Core Platform

Socotra will help MOTER’s U.S. MGA create better and more convenient commercial fleet insurance products for medical fleets, last-mile delivery, and carsharing.

Posted: Feb 27, 2022

Otonomo Announces Acquisition of The Floow for $69M

Mobile and scoring technology from The Floow combined with connected vehicle data from Otonomo aims to improve fidelity of insights and predictive analytics for insurers.

Posted: Feb 27, 2022

eBaoTech Integrates its InsureMO Platform with Verisk’s ISO ERC

The vendor reports that InsureMO now offers on-demand capabilities from Verisk that include country and state layers plus ongoing ISO Circular updates. Verisk.

Posted: Feb 24, 2022

Semsee Announces Series B Led by 01 Advisors

The commercial insurance platform enables independent agents to place small commercial risk while providing carriers access to dynamic distribution.

Posted: Feb 24, 2022

What Travelers’ Trov Acquisition Says About the State of InsurTech

Given that carriers were always positioned for longevity, and InsurTechs have complementary challenges, partnership rather than competition is a more likely direction for these entities.

Posted: Feb 24, 2022

Verisk Acquires Identity Resolution & Consumer Intelligence Vendor Infutor

Verisk plans to integrate Infutor with Jornaya, a behavioral intelligence vendor it acquired in 2020, to form Verisk Marketing Solutions.

Posted: Feb 23, 2022

Sensa Partners with Incline P&C Group on Preferred Auto Product

Acrisure Re was the appointed reinsurance broker on the transaction and facilitated both the insurance and reinsurance support for Sensa and Incline P&C Group.

Posted: Feb 23, 2022

Travelers Acquires Trov’s Technology Assets

The company’s embedded technology solutions will be assimilated within Travelers’ Personal Insurance business segment.

Posted: Feb 23, 2022

Ageas UK Selects EIS for Digital Transformation

The EIS platform’s integrated policy, billing, customer experience, CustomerCore CEM and EIS DXP applications will support a once-in-a-generation acceleration in digital capability.

Posted: Feb 22, 2022

Stable Insurance Raises $3.3M for Rideshare/Carshare Protection

The round, co-led by MLTPLY and Brooklyn Bridge Ventures, provides fit-for-purpose coverage and tools to help policyholders run their businesses more effectively.

Posted: Feb 22, 2022