Category : InsurTech

Fintech InsurTech News

Amica Selects Shift Technology

Fintech News Desk
Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, announced that Amica, the longest-standing mutual insurer of automobiles in the United States, will deploy three solutions from the Shift Insurance Suite. The insurer will use Shift Claims Fraud Detection and Shift Subrogation Detection to help ensure customers’ claims are settled......
InsurTech News

Duck Creek Announces New Collaborative Agreement With TIREA Focused on the Specialty Market

Fintech News Desk
The collaboration between both organizations opens the door to future alliances in other areas and reinforces Duck Creek’s commitment to the Spanish market Duck Creek Technologies, a leading SaaS provider to the general insurance industry, and TIREA, Information Technologies and Communication Networks for Insurance Entities, have recently signed a collaboration......
Fintech InsurTech News

BrightPlan Announces Strategic Partnership with USI

Fintech News Desk
BrightPlan, a leader in Total Financial Wellness, announced a strategic partnership with USI Insurance Services, one of the largest insurance brokerage and consulting firms in the world, that will bring financial well-being benefits to more employees across the country. This includes financial planning and investing tools, advice from experienced financial......
InsurTech News

Micro Insurance Company Partners With Chamasure to Provide Digital Insurance Solutions in Kenya

Fintech News Desk
MicroEnsure – now part of Micro Insurance Company (MIC) – has entered into a strategic partnership with Nairobi-based insurance platform Chamasure to give communities across Kenya access to digital insurance solutions. Chamasure makes insurance affordable for more than 10 million people in underserved communities in Kenya, including groups of farmers,......
InsurTech News

CoverGo helps American Insurance Firms Go Digital With Its No-Code Technology

Fintech News Desk
CoverGo, Asia’s no-code insurance technology leader, is expanding to the USA, Canada, and Latin America to help insurance companies digitize to remain agile and relevant in this high-tech era. CoverGo offers a no-code platform for insurance firms to streamline their ecosystem from building products to managing claims. Since January 2021, the company’s subscription revenue has risen by......
InsurTech News

APOLLO Insurance Partners With Finaeo Inc. to Empower Brokers and Consumers With Digital Products

Fintech News Desk
APOLLO Insurance, Canada’s leading online insurance provider, has partnered with Finaeo Inc., Canada’s largest broker-focused life insurance marketplace, to offer insurance brokers and their clients across Canada access to their mutual suites of products. “APOLLO and Finaeo share a common goal of making it easier for people to transact insurance”......
Fintech InsurTech News

Hub International Expands Real Estate Insurance Capabilities With Acquisition Of The Assets Of Safe Harbour Group, Ltd. In New York

Fintech News Desk
Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced that it has acquired the assets of Safe Harbour Group, Ltd. (Safe Harbour Group). Terms of the transaction were not disclosed. Located in New City, New York, Safe Harbour Group is an independent insurance agency providing commercial,......
Finance InsurTech News

Overalls Launches First All-In-One Insurance Protection Portfolio

Fintech News Desk
New algorithmic approach packages supplemental insurance products into a structured portfolio that changes and grows with the customer Overalls, the first personalized, all-in-one protection platform, is shaking up how employee benefits are packaged by taking a new approach to insurance that combines life, personal-line and entirely new protection products into algorithmically......
Analytics Finance InsurTech News

Insurity Acquires Maprisk, Expanding Leading Geospatial Analytic Capabilities for Personal and Commercial P&C Carriers and MGAs

Fintech News Desk
Acquiring Maprisk expands Insurity’s current cloud-based geospatial analytics and proprietary data capabilities into the personal lines market across the full policy lifecycle Insurity, a leading provider of cloud-based software for property and casualty (P&C) carriers, brokers, and MGAs announced that it has completed the acquisition of Maprisk. Maprisk provides geospatial......
InsurTech News

Can Traditional Insurance Companies Compete with Disruptive Insure-Tech?

Fintech News Desk
How Aureus Tech Systems is Helping Traditional Insurance Companies Win Using Data Powered by Cloud and AI Aureus Tech Systems realized that the solutions and products they’ve built —and were building—would be extremely valuable within the insurance sector. Because of these adjacencies, Aureus decided to enter the insurance space. One......