IIR

Cowbell Secures $60 million Series C Funding from Zurich Insurance Group

The company will scale up operations to advance global SME cyber adoption, using the capital to fuel growth with new products, geographies and resilience services.

Posted: Jul 25, 2024

Journey From Software to SaaS: Alec Miloslavsky, CEO, EIS

Miloslavsky discusses the current insurance technology market and its challenges, and how EIS’s journey to SaaS positions the company for continued success.

Posted: Jul 25, 2024

Insurance and IT Outages: What Can We Do After the CrowdStrike Incident?

(Image credit: Shutterstock.) Early Friday morning, July 19, 2024, CrowdStrike’s IT infrastructure went down due to a defective software update, and brought many businesses’ systems down with it; the impact rippled across the world, grounding planes...

Posted: Jul 24, 2024

Liberty Mutual Names Julie Haase EVP and CFO

The company’s current Executive Vice President and Chief Financial Officer Chris Peirce will retire at the end of 2024.

Posted: Jul 24, 2024

Blink Parametric Launches Flight Disruption Solution with Heymondo

The solution will be underwritten by global insurance, reinsurance and services MAPRE subsidiary MAWDY.

Posted: Jul 24, 2024

Ivans Announces Latest Release of Distribution Platform

Enhanced carrier dashboards featured in the latest release increase visibility into agency submission trends and growth opportunities.

Posted: Jul 24, 2024

Laris Motorsports Insurance Selects BriteCore as Core Platform to Accelerate Growth

The company seeks to expand its proposition of bringing comprehensive and affordable coverage to motorsports racing owners.

Posted: Jul 23, 2024

Applied Systems Acquires AI Platform Company Planck

The strategic acquisition was made with the aim of significantly expanding and accelerating the delivery of AI capabilities across Applied’s global product portfolio.

Posted: Jul 23, 2024

John Tuttle Named President of Acrisure

The Vice Chairman of the New York Stock Exchange will join Acrisure as President effective Sept. 1, 2024.

Posted: Jul 23, 2024

SAISON Auto & Fire Insurance Adopts Guidewire ClaimCenter in the Cloud

Capgemini led the project to implement the system chosen to support modernization of the Sompo Group company’s claims operations.

Posted: Jul 22, 2024

Mutual Capital Analytics Selects Akur8 Core Platform

MCA sought to efficiently build high-performing, explainable pricing models to help its insurance carrier customers discover new business opportunities and improve performance.

Posted: Jul 22, 2024

Social Inflation: Responding to Decades of Insurance Litigation Abuse

The insurance industry can no longer rely solely on current strategies and responses to this threat, nor can it continue to absorb and pass along the associated costs to policyholders.

Posted: Jul 21, 2024

Equisoft Partners with Life Design Analysis on Customized Solutions

LDA’s platform leverages data from Equisoft’s LifeGuide multi-carrier quoting tool, to integrate product data, generate sales reports, concepts, and projections for advisors and MGAs.

Posted: Jul 21, 2024

Selective Insurance Selects One Inc ClaimsPay Solution

By integrating with the insurer’s SMS-based claims communication tool, ClaimsPay will provide efficiency, enhanced communication, and ease for policyholders.

Posted: Jul 18, 2024

How QBE North America Became a GenAI Innovator: CIO Vinay Kurup

Serving as an innovation hub for the QBE global enterprise, the organization wasted no time in exploring GenAI and implementing a viable use case to enhance the underwriting process.

Posted: Jul 18, 2024

Pan-American Life Insurance Group Deploys Sapiens IllustrationPro SaaS Solution

The Sapiens solution empowers Pan-American Life Insurance Group to consolidate its enterprise illustration standards, to streamline processes and expand product offerings.

Posted: Jul 18, 2024

Ascot U.S. Adopts OWIT Global Insurance Data Management Solution

Ascot sought a strategic solution to transform incoming policy and claims bordereaux data to 100 percent clean data and for a platform to assist with their future data interchange needs.

Posted: Jul 17, 2024

Bold Penguin Teams with RT Specialty to Expand E&S Offerings

The collaboration is a strategic move that addresses the growing demand for excess and surplus coverage.

Posted: Jul 17, 2024

Hiscox names Mike Maletsky as VP, Practice Leader

The industry veteran of 18 years will head Hiscox’s tech E&O and cyber underwriting in the U.S.

Posted: Jul 16, 2024

Cytora Integrates Gamma Risk Perilfinder for Address-Level Risk Assessment

The partnership will allow insurers to identify location risk in seconds through Gamma Risk’s Perilfinder which includes map visualization and accumulation reporting.

Posted: Jul 16, 2024

CompSource Mutual Names Mike Paulin CIO

Paulin previously served in IT leadership roles at AF Group, HW Kauffman, and Donegal Insurance Group

Posted: Jul 16, 2024

Aon Names Ed Thomas Head of Lloyd’s Capital

Thomas joins Aon from Lloyd’s of London, where he held several executive positions, most recently as head of Member Services.

Posted: Jul 15, 2024

CAPE Analytics and EagleView Embark on Long-Term Imagery Collaboration

The joint initiative brings significant benefits to CAPE clients, following integration of both EagleView’s expansive, high-quality, high-resolution aerial imagery collection and its annual photo capture of top 50 metro markets.

Posted: Jul 15, 2024

Relm Partners with Cyber Security Vendor CyVers

The addition of CyVers technology will better protect clients from security risks including suspicious funding, malicious contract deployment, smart contract vulnerabilities, flash loan attacks and private key leakage.

Posted: Jul 14, 2024

Rethinking Retirement: Remaking Long-term Care for the New American Dream

Today’s rapidly aging society must prompt a paradigm shift within the insurance industry marked by fundamental change in professionals’ attitudes and how they service their clients.

Posted: Jul 14, 2024