IIR

Trellis Receives Investment from Amex Ventures

Funding comes after a year during which the company doubling its number of partnerships and enjoyed a four-fold increase in user base growth.

Posted: May 19, 2022

Howden, Skyline and Munich Re Develop Parametric Solution for Jamaican Farmers

The solution will protect the Jamaican Co-operative Credit Union League and its membership in the event that adverse weather prevents farmers from being able to repay their micro-loans.

Posted: May 19, 2022

PURE Insurance’s High-Value CX for its High-Net-Worth Membership

Matthew Schreibeis, SVP of Member Experience, talks with IIR about how PURE thinks about customer experience and meets its members’ exacting expectations.

Posted: May 19, 2022

Socotra Acquires Avolanta to Add Unified Agent and Customer Portal

The combination of Socotra’s core insurance technology with Avolanta’s offers the insurance industry an open and agile platform for accelerating innovation and speed-to-market.

Posted: May 18, 2022

Guidewire Announces Elysian Cloud Release

The latest release provides new capabilities to accelerate product speed-to-market Integration Gateway, Guidewire Go, and an embedded travel insurance solution.

Posted: May 17, 2022

NYCM Insurance Deploys Sapiens Reinsurance Platform

The implementation supports NYCM’s enterprise-wide reinsurance effort to streamline reinsurance administration and improve reporting.

Posted: May 17, 2022

Munich Re Launches CertAI Validation Service

The new service provides objective validation of trustworthy AI systems, thorugh collaboration with partners startup CertX and Farunhofer IAIS.

Posted: May 17, 2022

Beat Capital Partners Selects OneShield to Launch U.S. Insurance Business

The long-duration venture capital firm for insurance startups has chosen OneShield’s SaaS for MGAs to provide optimized operational efficiencies and fuel its U.S. expansion.

Posted: May 16, 2022

Vesttoo Names former Prudential Executive Gaurav Wadhwa CFO

The former insurance executive and Goldman Sachs banker will join the company as a member of its leadership team, and will oversee the company’s growth and global expansion.

Posted: May 16, 2022

Powering Innovation Through Data Discovery: An Insurance Industry ‘Must’

While most insurers are pursuing a combination of strategies to meet demand for a more seamless user experience, some are putting a particular emphasis on improving data utilization, particularly in the context of external data.

Posted: May 11, 2022

Distinguished Programs Completes Migration to Duck Creek OnDemand SaaS Solution

The migration lets the program manager achieve business agility, increase automation and establish a foundation for growth.

Posted: May 11, 2022

CoverGo Raises $15M Series A to Expand Globally

The round highlights the company’s rapid growth, with annual recurring software revenue increasing more than 10x since January 2021.

Posted: May 10, 2022

Beneva Selects Mitchell to Streamline Claims Management

The Canadian insurer will leverage the Mitchell WorkCenter and Cloud Estimating to help simplify automotive claims processing and expedite settlement.

Posted: May 10, 2022

Altshuler Shaham Implements Sapiens’ Platform to Manage its Pension Processes

The firm implementation Sapiens’ system as part of its growth strategy, with the goal of sustaining its status as the leader of the pension market in Israel.

Posted: May 09, 2022

Coherent’s Growing Momentum: IIR Talks with CEO John Brisco

Brisco talks about the company’s origins in insurance, how its Spark solution is helping carriers, and how the technology fits with the hybrid-work model.

Posted: May 05, 2022

4 Ways to Capture the Millennial Insurance Market

Millennials will constitute a significant chunk of the insurance market for the next few decades, and how they engage and make decisions differs from previous generations.

Posted: May 03, 2022

OneShield Names Insurance Technology Veteran David Deal Chief Legal Officer

Deal been a licensed broker in every state, appointed as special counsel by the General Counsel of the largest U.S.workers’ comp carrier, and managed legal matters across 40 countries.

Posted: May 02, 2022

The Hartford Adopts CAPE Analytics for Commercial Lines

The insurer began using CAPE’s technology to support underwriting speed and efficiency in personal lines in Aug. 2019.

Posted: May 02, 2022

Insurity Launches Cloud-Based Sure Underwriting Workbench

P&C carriers that take advantage of Sure Underwriting Workbench’s 50 percent discount will benefit from streamlined processes, improved decision making, and enhanced collaboration.

Posted: May 02, 2022

Applied Systems Launches New Digital Payments Solution

Applied Pay delivers a modern, digital payment experience to simplify and accelerate agents’ and brokers’ premium collection process.

Posted: May 01, 2022

WTW Makes Three Senior Appointments to North America Broker Relations Team

Joseph LaRocco appointed Head of Industry—Broking; Krista Cinotti appointed Head of Middle Market; James O’Connor appointed Head of Carrier Management.

Posted: May 01, 2022

Better Agency Raises $8 Million for ‘Agency Success’ Platform

The Series A Financing round was led by Teamworthy Ventures, with participation from ManchesterStory Group.

Posted: May 01, 2022

Zurich North America Selects Yellowbrick Cloud Data Warehouse Solution

The solution enabled Zurich to decrease the time to process complex queries and produce business-critical, end-of-month reports by 55 percent.

Posted: Apr 28, 2022

Betterview Adds Wildfire Risk Insights to Platform

The new feature aims to address the increasing severity and frequency of wildfire events increasing, which create challenges for existing insurance products.

Posted: Apr 28, 2022

WTW Names Michael Chang Head of CRB North America

Mike Liss, current Head of CRB North America, has announced his intention to retire in mid-2023.

Posted: Apr 27, 2022