Category : InsurTech

InsurTech News

Kansas City Life Insurance Company Selects FAST Software to Replace Legacy Platforms

Fintech News Desk
by Fintech News Desk0
FAST to Replace Kansas City Life’s Legacy Platforms with Simplified Product Configuration and Conversion Approach FAST, a Verisk (Nasdaq:VRSK) business, announced today that Kansas City Life Insurance Company has licensed FAST software to replace its legacy platforms, streamline administration of its existing business, and enable the development of a new......
InsurTech Lifestyle News

MITRE-Harris Poll Finds 89% of Consumers Don’t Believe Health Insurance Companies Know Their Spending and Streaming Habits

Fintech News Desk
by Fintech News Desk0
The MITRE–Harris Poll Survey on Lifestyle Data Privacy finds just one in 10 Americans believe health insurance companies have access to their personal spending and streaming habits, despite reports of insurers scouring public and private sources for consumer-generated data (CGD) to build customer profiles and predict an individual’s healthcare costs. Read More: A Quick Review......
Fintech InsurTech News

Majesco Positioned as a Visionary in Gartner 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America

Fintech News Desk
by Fintech News Desk0
Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced that it has been once again positioned as a Visionary in the August 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America. Read More: GlobalFintechSeries Interview with Erwan Gelebart, CEO at Veon’s......
Business Fintech InsurTech News

Leading Insurance Company Adopts Low-Code from Mendix to Accelerate Digital Transformation

Fintech News Desk
by Fintech News Desk0
Mendix, a Siemens business and the global leader in low-code application development for the enterprise, announced that VGA, the Dutch insurance company owned by the municipality of Amsterdam, has leveraged the Mendix low-code platform to create ‘VGA Schadeportaal,’ a digital portal for damage claims. Read More: GlobalFintechSeries Interview with Anand Kumar......
Fintech InsurTech News

Western Financial Group Chooses Sapiens’ Policy Solution to Streamline its Quote to Issuance Process

Fintech News Desk
by Fintech News Desk0
Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced that Western Financial Group (“Western”) has selected Sapiens PolicyPro for Property & Casualty. Read More: Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A......
InsurTech News

MGA Systems and NetRate Join Forces to Bring an Integrated Insurance Platform Solution to Program Administrators

Fintech News Desk
by Fintech News Desk0
MGA Systems, Inc., the leader in purpose-built software for the MGA and E&S brokerage industry, announced Wednesday it has executed a strategic merger with NetRate Systems, Inc., a leading commercial insurance rating platform for MGAs and program administrators. The combined company will go to market as MGA Systems, with NetRate’s ISO®-based rating......
Fintech InsurTech News

Advisor360° Introduces New Insurance Application for Wealth Management Enterprises

Fintech News Desk
by Fintech News Desk0
The Advisor360° platform now provides broker-dealers with enhanced insurance capabilities, helping their advisors to grow their businesses. Advisor360°, provider of a unified, integrated suite of customizable tools for advisors, clients, and enterprises, today announced it has expanded the insurance capabilities of the Advisor360° platform, allowing wealth management firms to further evolve......
Artificial Intelligence Fintech InsurTech News

Cowbell Cyber Unleashes Platform Enhancements, Accelerating Digitization of Cyber Insurance

Fintech News Desk
by Fintech News Desk0
Enhancements Allow for Continuous Underwriting of Bigger Risks, Deliver Value on Day One to Policyholders with Cowbell Insights™ Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to mid-sized businesses (SMBs), today announced enhancements to its cyber insurance platform which allows for larger risk underwriting to be done......
Fintech InsurTech News

The Fedeli Group And TPA Stream Announce Partnership

Fintech News Desk
by Fintech News Desk0
The Fedeli Group, a market-leading insurance consulting firm in the areas of workforce health and risk management, announced today it has entered into a commercial agreement with TPA Stream, a Cleveland-based insurtech software company, to deploy its software to small and medium sized businesses across the country.  As a result of the......
Business Fintech InsurTech News

AXIS Partners With New MGA AllDigital Specialty to Launch Online Platform for Small Business Management Liability Market

Fintech News Desk
by Fintech News Desk0
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, and AllDigital Specialty, a de novo MGA, announced a partnership to develop and launch a new insurance platform designed to address the service void in the U.S. small private company management liability market. AllDigital utilizes low-touch/no-touch technology that......
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