IIR

Neural Earth Secures $1.4M in Pre-Seed Funding

The geospatial intelligence company addresses rapid environmental changes with a combination of proprietary data analytics with a state-of-the-art AI enterprise platform solution.

Posted: Mar 17, 2024

AI, GenAI: What’s Ahead for the Insurance Industry?

There is strong evidence that consumers still want human interaction, but today’s consumers are also tech-savvy and want the speed and ease that AI technology promises.

Posted: Mar 17, 2024

One Inc’s Digital Payments Offering Enjoys Growth ‘Beyond Exponential’

The company has surged through its ability to offer cost savings through a shift in credit card fee payments and the digital opportunity afforded by One Inc’s huge payment network.

Posted: Mar 14, 2024

Harford Mutual Promotes Jeffrey Bischoff to VP, IT

Head of IT since May 2023, Bischoff’s elevation to VP was one of three executive promotions, along with Patrick Gagen, as VP, HR; and Stacey Rebbert to VP and CMO.

Posted: Mar 14, 2024

Trygg-Hansa Selects Guidewire Cloud for Claims

The Swedish insurer selected Guidewire ClaimCenter on Guidewire Cloud to enhance customer satisfaction, and to achieve future-proofing and Scalability

Posted: Mar 13, 2024

Ameritas Life Insurance Goes Live on FastTrack L&C Claims Solutions

The Lincoln, Neb.-based insurer has adopted FastTrack’s Intelligent On-Line Portals and AI Claims Decision Readiness Solutions.

Posted: Mar 13, 2024

Nordic Capital to Invest in One Inc to Drive Continued Growth and Product Innovation

Great Hill Partners invested in One Inc in 2020 and will retain an equal stake to Nordic Capital alongside a significant continuing investment from the One Inc’s current management team.

Posted: Mar 13, 2024

Earnix and Sollers Consulting Partner to Modernize Insurance Processes and Systems

The partnership enables clients to harness advanced analytics, machine learning, and AI capabilities, empowering them to make data-driven decisions, improve pricing strategies, optimize product offerings, and manage risk more effectively.

Posted: Mar 12, 2024

Novidea Names Daniela Krispin VP, Research and Development

Krispin is responsible for leading R&D processes, driving innovation initiatives and fostering a product-oriented and agile organizational culture.

Posted: Mar 12, 2024

Encova Insurance Adopts Guidewire Cloud to Simplify IT Operations

PwC, a Guidewire PartnerConnect Consulting Global Premier member, will lead the implementation project for Encova, a Guidewire customer since 2014.

Posted: Mar 11, 2024

Swedbank Selects Akur8 to Strengthen Insurance Pricing Process

Akur8’s solution empowers pricing teams to make better decisions faster, by automating risk modeling using proprietary transparent machine learning technology.

Posted: Mar 11, 2024

Empathy Announces $47M Series B Funding Round Led by Index Ventures

The Series B funding, participated in by major VC firms and global life insurers, will be used to expand Empathy’s services and cover new industries and regions nationwide.

Posted: Mar 11, 2024

NeuralMetrics Launches Platform Using AI Agents to Enhance Insurance Underwriting

The A-Star Platform’s ‘SAMA’ autonomous AI agents can learn, adapt, and self-correct instantaneously to set new standards in data-driven risk analysis for commercial underwriting.

Posted: Mar 11, 2024

Inside the Growing Convergence Between Life Insurance Carriers and Estate Planners

MetLife’s 2019 acquisition of Willing is perhaps the most notable transaction in the space, but partnerships are becoming more pervasive with each passing year for large carriers with forward-thinking innovation teams.

Posted: Mar 10, 2024

Velotric and Oyster Partner to Deliver Seamless Bike Insurance for Customers

In addition to empowering Velotric customers to obtain insurance, Oyster says its platform also allows Velotric to provide a cohesive insurance program for its bike dealers across the U.S.

Posted: Mar 10, 2024

Arturo Strengthens Leadership Team with the Addition of Donnie Millar and Thom Keyes

The new hires bring extensive tech startup experience, as the company scales into new markets that stand to benefit from advanced property intelligence solutions.

Posted: Mar 07, 2024

Lynda Gammons Joins WTW to lead CRB NA Claims Closure Solutions Team

Gammons will drive the growth of the Claims Closure Solutions, enhancing the business’s service offerings and driving the strategic direction of the group.

Posted: Mar 07, 2024

Driver Technologies Launches Commercial Fleet Referral Program

AI driving copilot app referral program for fleet managers and insurance brokers aims to increase access to telematics, HD video, cloud storage and driver safety.

Posted: Mar 06, 2024

Acadia Insurance Adopts UVeye’s Computer Vision Technology

The northeastern-focused regional carrier will use the AI-driven technology to enhance efficiency and accuracy its appraisal process and streamline claims for vehicles involved in accidents.

Posted: Mar 06, 2024

Verisk Expands Anti-Fraud Capabilities with FRISS, Globlue Partnerships

The partners will join the Verisk Claims Solutions ecosystem by integrating with Verisk’s ClaimSearch platform, which includes the world’s largest P&C claims database.

Posted: Mar 05, 2024

Data Privacy’s Dirty Little Secrets: Big Implications for the Auto Insurance Ecosystem

For those information providers who traffic in the unauthorized use of PII, including claims data, to produce vehicle history reports, now would be a good time to develop an alternate business model.

Posted: Mar 05, 2024

LexisNexis Risk Solutions to Deliver Risk Intelligence to U.K. Insurance Industry

Thatcham Research has selected the company to deliver streamlined access to Vehicle Risk Data, matching of VRD to vehicle registrations, and new predictive vehicle intelligence.

Posted: Mar 04, 2024

PURE Insurance Makes Two Key Leadership Appointments

As the Brand positions for growth, Drew Saad has joined as Chief Underwriting Officer and Dea Malollari has been promoted to Chief Risk Officer.

Posted: Mar 04, 2024

Do Insurers Face a ‘Back to the Future’ Reckoning with Cloud Software?

The industry could see a ‘Back to The Future’ moment with cloud software provider exerting outsized price increases at some point when the risks of switching providers is elevated.

Posted: Mar 03, 2024

Sapiens Expands Presence in Canadian Market

The vendor will strengthen support for existing customers and expand its reach to prospects seeking SaaS solutions across life, property and casualty, and workers’ comp markets.

Posted: Mar 03, 2024