Category : InsurTech

Banking Fintech InsurTech News

Universal Sompo General Insurance and BSE EBIX Sign Agreement to Sell General Insurance Products

Fintech News Desk
by Fintech News Desk0
BSE Ebix Insurance Broking Private Limited (BSE Ebix) announced its alliance with Universal Sompo General Insurance Company Ltd – a joint venture between the Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investment Corp and Sompo Japan Insurance Inc. BSE Ebix is a joint venture between BSE (Bombay Stock Exchange),......
Economy Fintech InsurTech News

Good Life Companies Recruits $150 Million In Client Assets With Two Newly Added Financial Advisor Businesses To Its Platform

Fintech News Desk
by Fintech News Desk0
 Good Life Companies, one of the nation’s fastest-growing independent hybrid RIA firms, announced the successful recruitment of two independent financial advisor businesses to its platform with approximately $150 million in total client assets.  Former bank channel financial advisor Paul Castro has launched Pathway Wealth Management, an independent practice affiliated with Good Life Companies. ......
Business Fintech Fintech Funding InsurTech News

Madison Dearborn Partners Completes Acquisition of Benefytt Technologies

Fintech News Desk
by Fintech News Desk0
 Benefytt Technologies, a health insurance technology company and leading distributor of Medicare-related health insurance plans, announced that funds affiliated with Madison Dearborn Partners, LLC (the “MDP Funds”) have completed their previously disclosed acquisition of Benefytt. The Company will maintain its brand name and build upon its tech-first mission to help......
Fintech InsurTech News

Chinese insurtech firm Waterdrop raises $230M, plans IPO

Fintech News Desk
by Fintech News Desk0
Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Reinsurance Co. Ltd. and Chinese internet giant Tencent Holdings Ltd., it said on Thursday. Waterdrop’s existing investors, including IDG Capital and Wisdom Choice Global Fund, also participated, it said in a statement.......
Artificial Intelligence InsurTech News Robotic Process Automation

Appian Named A Leader in Insurance Agency Portals Evaluation by Independent Research Firm

Fintech News Desk
by Fintech News Desk0
Report states Appian differentiates with low-code and an extensive automation toolkit that deploys AI, RPA, case management and more Appian today announced that it has been named a Leader by Forrester Research, Inc. in the independent analyst firm’s “The Forrester Wave™: Insurance Agency Portals, Q3 2020” report. Appian received the highest......
Business Fintech InsurTech News

Majesco Announces Latest Release to Majesco Life AdminPlus

Fintech News Desk
by Fintech News Desk0
Enhancements extend digital capabilities for Child Trust Funds to retain and grow Gen Z customers Majesco, a global leader of cloud insurance software, announced the latest release (Q12020) of the Majesco Life AdminPlus solution. The latest version provides a digital pathway for Child Trust Funds (CTFs) to be automatically transferred......
Fintech InsurTech News

Accenture Positioned as a Leader in Gartner’s 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America

Fintech News Desk
by Fintech News Desk0
Positioning is based on Accenture’s completeness of vision and ability to execute Accenture has been positioned as a Leader in Gartner’s “Magic Quadrant for Life Insurance Policy Administration Systems, North America*” report for the Accenture Life Insurance and Annuity Platform (ALIP). According to the report, which evaluated 11 different software......
Fintech InsurTech News

COVID-19 Raises Importance of Life Insurance and Drives Consumer Purchase Intent, Study Shows

Fintech News Desk
by Fintech News Desk0
New study also shows digital options can increase likelihood to buy as Lincoln Financial Group offers new online interview tool. As a result of COVID-19, more than a third of consumers think life insurance is more important and a similar number say they have or are planning to purchase life......
Fintech InsurTech News

Bees360 Releases Its Customizable API to Directly Integrate with Insurance Carriers Underwriting Platforms

Fintech News Desk
by Fintech News Desk0
Bees360, the innovator of deep learning and drone technology for property underwriting and claim inspections, released its underwriting platform API with a variety of customizable features embedded for insurance carriers. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers Carriers can now directly call Bees360’s API to......
Fintech InsurTech News

Data Dimensions Announces CEO Transition

Fintech News Desk
by Fintech News Desk0
Data Dimensions has announced that the company’s President and CEO, Jon Boumstein will be moving to a new role as Advisor to Data Dimensions Board of Directors. In his new role, Boumstein will also serve as an Executive Advisor to Thompson Street Capital Partners, Data Dimensions majority owner, assisting with......
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