Search Results for: Insurance technology

Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor
InsurTech News

Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor

PR Newswire
Market leading software provider Azentio supercharges insurance offering through acquisition of cutting-edge technology stack Azentio Software , a leading end-to-end software company specializing in the BFSI sector,  announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product companies.......
Obie Raises $25 Million in Series B Funding Round to Expand Innovative Embedded Insurance Technology
InsurTech News

Obie Raises $25 Million in Series B Funding Round to Expand Innovative Embedded Insurance Technology

Business Wire
In a sign of momentum, Obie secures a second round of funding, showing investor confidence in embedded insurance solutions for real estate investors Obie, an industry-leading insurtech startup, announced that it has raised $25.5 million in a Series B funding round led by Battery Ventures, with participation from Brick and......
Insurance Technology Provider Socotra Targets European Expansion for Its Global Growth Strategy
Fintech InsurTech News

Insurance Technology Provider Socotra Targets European Expansion for Its Global Growth Strategy

Business Wire
Socotra’s move is driven by accelerated demand for its API-driven, cloud-first technology, which increases insurers’ speed-to-market at lower cost Socotra  announces a major drive into the European insurance markets, with an initial focus on the UK, DACH, France, and others, following strong growth in 2022, including a 71% revenue increase,......
CDK Global to Acquire Insurance Technology Platform Salty Dot, Inc.
InsurTech News

CDK Global to Acquire Insurance Technology Platform Salty Dot, Inc.

Fintech News Desk
Integration Helps Car Buyers Secure Insurance; Brings New Revenue Stream to Dealers CDK Global, Inc., a leading automotive retail technology company, has entered into a definitive agreement to acquire Salty Dot, Inc. (“Salty”), a convenient, mobile-first solution that helps consumers secure the insurance they need for their vehicle seamlessly without leaving the......
Kin, the Only Pure-Play Direct-to-Consumer Home Insurance Technology Company, to Go Public
InsurTech News

Kin, the Only Pure-Play Direct-to-Consumer Home Insurance Technology Company, to Go Public

Fintech News Desk
Kin Insurance, Inc. and Omnichannel Acquisition Corp. (NYSE: OCA) Enter Into Business Combination Agreement; Transaction Implies An Approximate $1.03 Billion Combined Company Pro Forma Enterprise Value Kin Also Announces Plans for National Expansion; Signs Agreement to Acquire Inactive Insurance Carrier with Licenses in More than 40 States Kin’s Proprietary Technology......
Integrated Specialty Coverages (ISC) Expands Insurance Technology Platform With Strategic New Executive Hires
Artificial Intelligence Fintech InsurTech News

Integrated Specialty Coverages (ISC) Expands Insurance Technology Platform With Strategic New Executive Hires

Fintech News Desk
Integrated Specialty Coverages (“ISC” or “the Company”), a Program Administrator that builds end-to-end insurance products utilizing artificial intelligence (AI) technology and data analytics, announced the expansion of its executive team. Gareth Jelley joins ISC as Senior Vice President of its newly created Property Division and Wendy Nowosiadly joins as Vice President of Underwriting.......
Neptune Flood Wins "Impact Award" From the Novarica Insurance Technology Research Council
Artificial Intelligence Fintech InsurTech News Risk Management

Neptune Flood Wins “Impact Award” From the Novarica Insurance Technology Research Council

Fintech News Desk
Neptune Flood, the first AI-driven flood insurance company to provide fast, easy and better flood insurance, has won the ‘Impact Award’ from the Novarica Insurance Technology Research Council, the largest purely peer-juried award in insurance technology, for its patent pending, AI-powered rating engine. More than fifty council members, all of......
Luma Financial Technologies Expands into Life Insurance, Offering the First Integrated Technology Platform Solution for Life Insurance and Annuities
Fintech InsurTech News

Luma Financial Technologies Expands into Life Insurance, Offering the First Integrated Technology Platform Solution for Life Insurance and Annuities

Business Wire
Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, is excited to announce its expansion into the life insurance sector. As the first platform to offer an end-to-end solution that integrates life insurance and annuities, Luma enables advisors to manage both products seamlessly through a single,......
OneShield Broadens Technology Ecosystem with Input 1, Expanding Insurance Payment Capabilities
Finance Fintech News

OneShield Broadens Technology Ecosystem with Input 1, Expanding Insurance Payment Capabilities

PR Newswire
OneShield, a leading provider of core business software solutions for insurance companies, is proud to announce a successful integration with one of its key OneShield Market Solutions customers in alliance with Input 1, a premier provider of digital billing and payments solutions. This collaboration represents OneShield’s continued expansion of its technology......
Walnut Insurance Secures $4.6M to Transform Insurance Distribution with Embedded Technology
Finance Fintech Investments News

Walnut Insurance Secures $4.6M to Transform Insurance Distribution with Embedded Technology

Business Wire
Walnut is revolutionizing insurance distribution by enabling partner-driven growth through technology solutions for insurers and enterprise businesses Walnut, an innovative force in the insurance distribution industry, today announced the successful close of its latest funding round, securing $4.6M. The investment will be used to expand Walnut’s groundbreaking embedded insurance technology......
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