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McKinsey : How the coronavirus could change US personal auto insurance
Executive summary : The COVID-19 pandemic could cause structural changes. Understanding the range of scenarios can help carriers plan for an uncertain future. The COVID-19 ...
How auto insurance can adapt to changing risks
Article Synopsis : Travelers public policy division The Travelers Institute has released a white paper called Insuring Autonomy: How auto insurance can adapt to changing risks, ...
Pay-per-mile car insurance company Metromile raises $90 million to automate the claims process
Metromile, a well know usage-based car insurance startups has raised $90mn in a series E funding co-led by Tokio Marine Holdings and Intact Financial. Metromile allows driver...
Insurer Beazley to launch blockchain registry with Bitfury, Lloyd’s broker and Emericon
Insurer Beazley has partnered with Risk Cooperative, an insurance broker which supports Lloyd’s London programs; in addition to Bitfury Group which is a blockchain tech...
MetLife partners with AXA telemedicine platform
Metlife and AXA have partnered to develop a teleconsultation service proposition to all employees in the US who are travelling overseas.
InsureTech Connect & TDI 2020 Innovation awards and China Ecosystems
View Session Recordings Watch InsurTech Innovation Awards Watch Ecosystems in China webinar Watch Insurer Innovation Awards Congratulations to Winners Event Statistics ...
Veruna raises $6 million
Founded in 2015, the team of ~26 offers a cloud-based agency management system built on Salesforce that targets independent agents.
Next Insurance signs deal to buy digital insurance agency...
American digital insurtech company Next Insurance has signed a definitive agreement to acquire local rival company AP Intego.
Next Insurance signs agreement to acquire AP Intego
AP Intego employs 160 people in and around Waltham, Massachusetts, Rochester, NY and other parts of the U.S., bringing Next Insurance's headcount to nearly 600 team members acro...
Policygenius welcomes Maya Gumennik as Head of Marketing
Gumennik will oversee the company's marketing strategy and manage the marketing team.
Mitchell adds Claim Genius’ AI access to the MIOP
Mitchell has enabled Claim Genius' artificial intelligence (AI) access through the Mitchell Intelligent Open Platform (MIOP).
Nationwide joins Vertafore Commercial Submissions platform
The partnership will enable Nationwide agency partners to more easily and quickly generate and compare commercial lines quotes for clients.
Decisely files Form D with the SEC
In connection to an equity and debt round totaling $3.5 million.
Verisk’s Sequel backs Whitespace
Established in 1985, Whitespace provides a fully digital platform that enables brokers and underwriters to offer, negotiate, place and bind (re)insurance contracts with each other.
Bindable hires new chief growth officer to expand busines...
Original Link BOSTON (PRWEB) MARCH 03, 2021 Bindable, the insurtech leader for alternative distribution, today announced the appointment of Jocelyn Getson...
Integrity Marketing Group acquires Access Capital Group
US-based Integrity Marketing Group has purchased Access Capital Group, a financing company for insurance agents and agencies.
Maryland’s Harford Mutual Insurance Group Announces...
Harford Mutual Insurance Group has announced changes to its leadership team. Senior Vice President Jeffrey Rink has been promoted to executive vice
4 Threats to Data That Agencies Need to Know About –...
Many businesses, including insurance agencies, are at risk of cyber attacks which can compromise sensitive data — here are the threats you should be most aware of.
HSCM & Cornell seek growth for insurtech Vault now a...
Hudson Structured Capital Management Ltd., investing in insurance and reinsurance as HSCM Bermuda, and private investment firm Cornell Capital LLC, are
Simplyhealth appoints new CEO
Dr Sneh Khemka will be ‘leading the organisation through the next stage of its transformation journey’
MJ Insurance partners with TowerIQ
TowerIQ is partnering with MJ’s Risk Management team to drive advancements in standardization, automation, and API’s across their entire book of business.
Fluid Truck raises $63 million
Fluid Truck's P2P truck sharing platform offers access to a variety of options including box trucks, trailers, vans, and pickup trucks.
IA Capital and Nationwide back Health Gorilla
Health Gorilla is focused on streamlining access to clinical data with a suite of FHIR-based APIs that digital health developers integrate into their products
Carpe Data team up Unqork to help P&C Insurers reduc...
Carpe Data and Unqork have partnered to help property and casualty (P&C) insurers enhance automation, cut down fraud and boost accuracy.
AmeriLife acquires DFS Marketing
The acquisition will expand AmeriLife's geographic footprint in Texas.
Rollick raises $8.5 million
Rollick (a team of ~94) connects manufacturers, dealers, and finance and insurance providers with in-market consumers in the Powersports, RV, and Marine industries.
New functionality for AMS360 users available today
As an aside, Rocket Referrals is part of Vertafore’s Orange Partner Program since early 2020.
Brown & Brown brings its wholesale units under Bridg...
Brown & Brown launches Bridge Specialty Group to encompass its portfolio of wholesale brands.
PayPal, American Express back Codat
Along with the announcement of these new investments, Codat also formally launched its US operations.
Key findings of annual workforce report by Vertafore
For the past four years, Vertafore has surveyed the independent insurance agency workforce across a range of roles, ages, and levels of experience to provide insight into what e...
MJ Insurance selects TowerIQ’s suite for digital transfor...
MJ Insurance, a US-based privately-owned insurance agency, has chosen TowerIQ’s suite to power its digital transformation.
Amerisure boosts commercial auto profitability with AI
Today’s data science models can be used to pick up on a wide range of related signals that predict a claim’s future.
Introducing the Point debit card
The new card comes with insurance benefits.
Discover Settle
Settle is an invoicing tool that automates B2B payments and provides working-capital solutions for businesses.
Etvas raises $1 million
The round was led by High-Tech Gründerfonds, with Sparkasse Bremen, and Plug and Play as participants.
TypTap secures $100m of funding from Centerbridge
Florida insurtech and subsidiary of HCI Group, TypTap Insurance Company, has secured a $100 million investment from private investment management firm
Four ways Intact defends itself from disruption
Canada’s property and casualty insurance providers are not likely to be affected by aggregators to the same extent as their British counterparts, although brokers could certainl...
TypTap nears unicorn valuation
The $100 million investment, representing about 11.75% of TypTap, implies a post-money valuation for TypTap of approximately $850 million.
Fi raises $30 million in Series B
Founded in 2017, Fi (a team of ~34) provides an LTE-M enabled GPS tracking collar to allow dog owners to locate their dogs.
BrokerTech Ventures Selects 12 Startups for 2021 Accelerator
Startups from across the U.S. and the Netherlands gain access to intentional engagement and distribution offerings through BTV’s 24 agency and insurance company partners.
Root Insurance 2020 Results: a very mixed bag. Sky high CAC
Insurtech Root, a telematics-based insurer, yesterday announced its full-year 2020 results. While key metrics like premium growth, customer numbers and...
Meet the insurtech: NOW Insurance
In March 2020, the company launched a line of liability and cyber products while also aggregating health insurance offerings including medical, dental and vision.
Protective Life partners with Kasasa to distribute life i...
The Protective Series Simplified Issue Passport term is a quick and easy way to apply for up to $250,000 in term life insurance. In place of a medical exam, Simplified Issue all...
2020 was an unusual year for insurers. Here’s how t...
Claims adjusters are adapting to the challenges of the pandemic. “Insurance
companies who, say, have the digital technology in place to do image-based ...
NYDFS Publishes Cyber Insurance Risk Framework, Warns of ...
The New York Department of Financial Services (DFS) has issued a Cyber
Insurance Risk Framework (the “Framework”) of best practices for carriers. The
first of ...
Compass acquires KVS Title
Founded in 2010, KVS Title provides comprehensive title insurance and settlement services for residential purchases and refinance transactions for customers throughout the great...
Talage Releases Wheelhouse Ease of Use Update for Agents
24, 2021 (GLOBE NEWSWIRE) -- Talage, a provider of digital distribution
software solutions for commercial insurance, is pleased to announce an update
to the ...
MetLife finishes $5bn longevity reinsurance transactions ...
MetLife has announced that Metropolitan Tower Life Insurance has closed its second and third longevity reinsurance transactions with Rothesay Life.
Insurtech Trõv partners with electric vehicle sharing com...
This partnership is part of the insurtech's expansion plans. Insurtech Trõv has
partnered with electric vehicle (EV) sharing company Zoom EV. Vehicles on the ...
Insurance Underwriter (UZ-CF7FB)
MassMutual is going through a digital transformation, continuing to be a ... for a
virtual Underwriter to join our team, tasked with underwriting life insurance in a ...
Déjà Vu: P/C Insurance Challenges for 2021 Look Much Like...
The U.S. property/casualty insurance (P/C) industry could experience déjà vu in 2021 in terms of financial results. Many factors that insurers encountered
Bindable, National Wildlife Federation Announce Affinity ...
Bindable, an insurance technology company and national digital agency, will
grant access to its sponsored distribution platform to National Wildlife Federation
...
Oscar Health is going public: Five things to know about t...
Oscar Health Inc., the digital health insurance company well known to New
Yorkers ... Underwriters can purchase an additional roughly 4.65 million shares.
The.
Chubb Limited Board Will Recommend 28th Consecutive Annua...
Chubb Limited (NYSE: CB) announced today that its Board of Directors will recommend to shareholders at the company's 2021 Annual General Meeting an increase in its quarterly div...
RSA’s underwriting profit jumps as its posts 91.1% CR ...
RSA significantly increased both underwriting and underlying profit last year on the back of an impressive 91.1% combined ratio. The insurer’s preliminary results show the under...
Buckle Adds Crash Risk Data from TNEDICCA to Auto Insuran...
Buckle is reinventing the insurance model for the gig economy using ... “
Insurance companies underwrite policies for gig drivers based on traditional ...
Omdia Universe 2020-2...
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