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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, ...
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 ...
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.
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...
How AI and Telematics are Revolutionizing Insurance for t...
CCC is using advanced AI, telematics and mobile technology to revolutionize auto insurance experiences for the gig economy.
Majesco Announces Availability of ClaimVantage V22
Enhancements to the solution enable claims operational effectiveness and enhanced absence management with early buildout of Connecticut Paid Family and Medical Leave.
Evolve MGA Implements Veruna Agency Management System
The system’s automation improved efficiencies and increased the cyber insurance focused distributor’s productivity an estimated 60 percent, while increasing accuracy in workflo...
Staysure Group seeks to reform pet insurance with new pro...
Its new policy can be tailored to cover multiple cats or dogs under a single cover
Customer Experience: A New Frontier for Intelligent Autom...
By Simha Sadasiva, CEO and Co-Founder, Ushur Automation and AI might be the two hottest technologies in the world right now. With adoption comes
Brad Shelton Joins AmeriLife as SVP, Product Innovation
Shelton brings extensive operations-management, business-development and financial-planning expertise to new role.
CLARA Analytics Names Tom Warden Chief Insurance and Scie...
A veteran of Allstate, AIG and Employers Insurance, Warden will oversee CLARA’s scientific, technological and research operations.
Empower Retirement to acquire Prudential’s full-ser...
The announcement is a significant milestone in Prudential’s transformation and the execution of its strategy to become a higher growth, less market sensitive, more nimble business.
Tremor signs up all major brokers, disrupts reinsurance &...
Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, has achieved a milestone in
Bon Secours Mercy Health Makes Growth Investment in Trill...
Leading Catholic health system’s investment will accelerate Trilliant’s predictive analytics platform
Tractable Launches Subrogation Solution AI Subro
The new AI-based solution offers a digital-first approach to help insurers recover loss , as well as avoid arbitration with other insurers and third parties.
State Farm Selects intelliflo Digital Wealth Platform
State Farm will migrate its brokerage business onto the intelliflo platform for easier access by agents, while providing customer self-service tools.
Cowbell Cyber Integrates with Talage Wheelhouse
The integration with Wheelhouse provides a quick, easy path to digital distribution, enhances the purchasing experience of cyber policies for small businesses while increasing a...
Vestwell raises $70 million
Vestwell provides the underlying infrastructure for workplace savings and investing programs, such as 401(k) & 403(b) retirement plans.
Sproutt is going after agents
After almost two years of being strictly online, Sproutt is going after the agency channel.
Trõv partners with private rental insurer
The insurtech's founder and chief exec believes that its embedded insurance offering helps close the consumer protection gap
Qlaims moves into personal lines
The MGA said the claims product could be offered as ancillary cover by personal lines brokers or embedded into a home policy wording.
Collective Health Unveils Premier Partner Program
Collective Health Unveils Premier Partner Program™ to Bring Employers Stronger Curation, Measurement, and Engagement with Digital Health Solutions
Coterie Insurance launches Quick Quote for independent ag...
Small business insurance gets even easier with self-service capability Coterie Insurance, the insurTech making small business insurance easy, has launched
Sepio Systems partners with Munich Re on hardware mitigat...
Security and safety services firm Sepio Systems has partnered with reinsurer Munich Re as part of the launch of its Hardware Access Control Index (HACx),
Verikai introduces health insurance marketplace
Brokers will now be able to run group reports through Verikai’s established system and immediately get matched with underwriters who are willing to write the group.
Two Firms Merging to Capitalize on Embedded Insurance Demand
Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and other e-commerce businesses.
Symetra Life Partners with iPipeline to Speed Term Life U...
The solution combines drop ticket with e-App collaboration, underwriting engine integration, and real-time data validation.
Amerisure Builds Claims Severity Platform with CLARA Anal...
The property/casualty insurer saved $3.5 million in the first six months of 2020 by identifying more severe workers’ compensation claims and reducing claim duration and litigati...
Berkshire Hathaway partners with Zesty.ai
Zesty.ai combines property insights, such as roof pitch, building height, and parcel slope with its proprietary database of actual loss data to build predictive climate risk mod...
Biba forms Insurance Technology & Innovation Committee
It has been developed to protect the interests of Biba members and panellists include software houses.
HawkSoft provides resources on agency data ownership
New white paper by HawkSoft and ACT panel discussion clarify how agencies can advocate for data ownership with technology and carrier partners. Canby,
Travelers backs Fidelis
Fidelis offers specialty, bespoke and reinsurance products. The company also has a fee income business, which supports its insurance operations
DCJ Insurance acquires Real Insurance
It is the broker's second deal since it was bought by GRP in 2018.
RedZone Adds Wildfire Hazard Identification to Duck Creek...
RedZone provides integrated risk-analysis, real-time alerts, and incident management tools to facilitate response planning, improve public relations, mitigate risk and reduce loss.
HSB teams up with Appulate
Once an agent or broker reviews the quote, they can bind HSB’s equipment breakdown or cyber coverages online.
Berkshire Hathaway Homestate Selects Zesty.ai for Climate...
The insurer gains immediate access to Zesty.ai’s climate risk solutions to enhance its underwriting processes, and other Berkshire Hathaway companies will experiment with Zesty....
Chisel AI and Xceedance Form Strategic Partnership
The combined offering supplies what the firms call an end-to-end, intelligent solution and services for policy checking to brokers and agents, whenever needed.
Metromile is going after agents
The pay-per-mile insurer has a job opening a for a Channel Manager that will focus on partnerships and agents.
Mortgage task automation software Lodasoft integrates wit...
The announcement comes on the heels of Doma entering into a business combination agreement in March with Capitol Investment Corp. V, a publicly traded special purpose acquisitio...
HOMEE welcomes insurance veteran Quin Netzel to the team
Quin is spearheading the expansion of HOMEE’s Guaranteed Repair Network across the country.
Better acquires online mortgage broker Trussle
Trussle is a UK-based digital mortgage and insurance broker founded in 2015 that provides advice to customers who are looking to buy a home or refinance an existing mortgage.
Allstate Protection Plans targets smaller businesses with...
Express initiative will cover 24 categories of products.
BHMS invests in King Insurance
BHMS' investment will primarily be utilized to continue King's acquisition growth in the southeastern US and beyond.
Chase now offers free identity monitoring
The feature tracks suspicious websites and activities and alerts users when any new activity has been detected.
Remote raises $150 million
This round was led by Accel with participation from existing investors including Sequoia, Index Ventures, Two Sigma, General Catalyst, and Day One Ventures.
U.S. DOL Awards LexisNexis Risk Solutions $1.2B Blanket P...
The vendor will provide digital identity verification solutions to state unemployment insurance programs in reaction to increased fraud arising from pandemic.
W. R. Berkley Corporation forms Berkley Small Business So...
The new operating unit will offer commercial insurance products for small businesses.
Liberty Mutual to acquire State Auto Group for $52 per share
According to the insurer, the acquisition will expand its position in personal lines and small commercial insurance.
Miami Twins Raise $18M For Lula, An Insurance Infrastruct...
24 hours ago ... Lula, a Miami-based insurance infrastructure startup, announced today it has ... “ We grew up in a shared economy world, where apps like Uber, GetAround, ...
Inside Selective Insurance’s LAUNCH Innovation Lab
IIR talks with Selective’s Amy Cusack about the way LAUNCH applies consistency, discipline, and structure to how the company practices outcome-driven innovation.
Volly acquires Home Captain
Home Captain is a technology enabled real estate platform that shepherds homebuyers through the home buying journey.
The Insurer TV: Insurtech is an “accelerator” for US prog...
6 hours ago ... The insurtech revolution in the wider P&C sector has proved to be a catalyst for growth in a US MGA market increasingly seen as a home for innovation and ...
Coterie Insurance closes first half of 2021 with signific...
CINCINNATI – July 12, 2021–Coterie Insurance, the insurTech that makes small business insurance easy, has wrapped up quarter two of 2021 with a
Agero introduces Tow To Repair
A turnkey technology solution and tow service that offers customers a touchless direct tow to their facility after a vehicle breakdown.
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