IIR

Flow Specialty Launches from Capitola Rebrand and Leadership Change

David Derigiotis President of Brokerage and Head of Insurance and the firm has introduced new AI-driven capabilities aimed at providing unmatched service and access to premier markets.

Posted: Apr 23, 2024

Tokio Marine HCC Selects Akur8’s Core Platform

The global specialty insurer seeks to expand its pricing capabilities and quickly build inuititive and explainable predictive models.

Posted: Apr 22, 2024

Universal Shield Launches ‘Bond Ramp’ Portal to Speed Surety Distribution Process

Built to fit a wide array of agency distribution systems and provide an intuitive experience, Bond Ramp delivers quotes in seconds for most commercial bonds, and the entire transaction can be completed in less than three minutes.

Posted: Apr 22, 2024

Swiss Re Launches Gen AI-Powered Underwriting Assistant Life Guide Scout

Debuting in an English language pilot, Swiss Re Life Guide Scout augments the company’s existing underwriting manual Life Guide with a Gen AI-powered assistant that aims to help increase underwriting quality and efficiency.

Posted: Apr 21, 2024

Former Crump CEO Rob Carney to Lead Transamerica’s Individual Solutions Distribution

As Chief Distribution Officer for its Individual Solutions division, Carney will spearhead distribution strategy for the Transamerica’s life insurance, annuities, and mutual fund products.

Posted: Apr 18, 2024

Nationwide Reaches 50,000 Homes with Whisker Labs Ting Program

Nationwide’s Ting program helps protect families and homes by predicting and preventing hazards, while engaging and delighting customers and generating valuable data insights.

Posted: Apr 18, 2024

Celent Study: Benefits of Connecting Manufacturers to Insurers

By connecting to manufacturers, insurers and their clients can realize the kinds of advantages in underwriting and risk mitigation resulting from increased data collection from automobiles during the past decade.

Posted: Apr 18, 2024

Cytora/DynaRisk Partnership Helps Insurers Understand and Reduce Cyber Risk

The partnership will enable underwriters to instantly identify whether a company’s data has been stolen or if it’s being targeted on the dark web.

Posted: Apr 17, 2024

Sapiens Launches IntegrateAI, the Second Release in its DecisionAI Portfolio

IntegrateAI addresses growing market demand for a single, integrated business application that leverages machine learning models in decision management.

Posted: Apr 17, 2024

Protective Life Launches New Advisory Variable Universal Life Product on FireLight

With its RIA distributors already using FireLight, Protective saw the value in expanding its FireLight experience to include life products.

Posted: Apr 17, 2024

Mendota Insurance Increases Hiring Efficiency with Edge

The insurer saw a 71 percent increase in efficiency rise by following its engagement with global hiring platform Edge to support employee recruitment during a period of growth.

Posted: Apr 16, 2024

Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services

From core platform modernization to intelligent document processing, the Gen AI Foundry will empower financial institutions and help maximize the impact of the technology.

Posted: Apr 16, 2024

Ascot Group Deploys Percipience’s Data Magnifier

Implemented more than a month ahead of schedule and under budget, the solution is already producing a return on Ascot’s initial invested.

Posted: Apr 16, 2024

The Ethics of AI in Commercial Insurance: How to Approach this Revolutionary Technology Responsibly

From confronting biases inherent in data to ensuring transparency and regulatory compliance, stakeholders must proactively address these challenges to foster responsible AI development and deployment within the commercial insurance sector.

Posted: Apr 12, 2024

Nationwide Partners with EnforcerOne to Protect Agriculture Customers

EnforcerOne provides firefighting solutions for emergency scenarios in industries ranging from agriculture to motorsports.

Posted: Apr 11, 2024

FRISS welcomes new COO Mireille Dyrberg

Dyrberg served as COO of global financial services SaaS companies Duco and TriOptima.

Posted: Apr 11, 2024

Previsico Hires Aleksander Surowiak from Tractable AI to Supercharge Growth

Surowiak will define and execute an updated sales strategy and implement structures, systems, and processes to enable Previsico to achieve an ambitious growth plan.

Posted: Apr 10, 2024

Starr Insurance Selects SureGo Administrative Services as TPA

The agreement brings all Trawick International travel insurance claims fully in-house, to its SureGo Administrative Services division.

Posted: Apr 10, 2024

Earnix Names Craig Campestre CRO

The former Insurity and FIS executive will will lead and manage Earnix’s revenue generation efforts and enhance overall operational efficiency.

Posted: Apr 10, 2024

MassMutual and Genomics Extend Genetic Testing to More Policyholders

The expanded program offers eligible MassMutual policyowners aged 35-70 access to polygenic risk testing via a saliva test that identifies hidden risk for eight common conditions.

Posted: Apr 10, 2024

Trean Streamlines Workers’ Comp with Origami Core Suite

The single platform solution drives operational efficiency, transforms policy administration, billing and claims.

Posted: Apr 09, 2024

Insurers Face Rapidly Developing Talent Challenges

The traditional value exchange between carriers and professionals has given way to antagonistic goals undermining the development of institutional knowledge and a strong managerial pool.

Posted: Apr 09, 2024

Novidea Expands Series C Round with $30 Million from HarbourVest Partners

The Series C round, totalling $80B will be used for continued organic geographic expansion, accelerated product innovation, and to support Novidea’s inorganic growth strategy.

Posted: Apr 08, 2024

CCC Debuts Advanced Capabilities Supporting ‘Life Just Works’ Vision

The launch of the Intelligent Experience (IX) Cloud platform, with AI and a new intelligent architecture, supports deliveryn of Intelligent Experiences during crucial moments following auto accidents.

Posted: Apr 08, 2024

The Black Car Fund Selects CLARA Analytics for Claims AI

Using GenAI and LLM, CLARA’s solutions will help the organization improve medical outcomes for injured drivers, improve reserve accuracy, and lighten administrative burdens for adjusters.

Posted: Apr 07, 2024