Category : InsurTech

InsurTech News

World Insurance Associates Acquires Lindberg & Associates Insurance of Virginia

Fintech News Desk
World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced today that it acquired Lindberg & Associates of Poquoson, Virginia, on July 1, 2020. Terms of the transaction were not disclosed. Founded in 2011, Lindberg & Associates is an independent insurance agency that provides all forms of property and......
Fintech InsurTech News

Online Insurance Quotes Promise Employers ‘Finely Tuned Benefits Package’

Fintech News Desk
OptiMed Health Plans now offers brokers and employers a digital platform for online quoting of health insurance plans and automated administration. OptiMed Health specializes in the small group market, for employers of 2-100. Read More: COVID-19 and Automation are Changing Finance for Good OptiMed Health Plans unveils its OptiRater which......
Fintech InsurTech News

Majesco Taps NetSuite to Modernize Operations as It Powers the Future of Insurance

Fintech News Desk
Leading cloud software company for insurance companies increases scalability and operational efficiencies with NetSuite Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced that it has implemented Oracle NetSuite to help transform its core business operations and better serve its customers and internal departments. With......
Fintech InsurTech News

Kin Insurance Closes $35M Series B to Fuel Industry Disruption

Fintech News Desk
The Series B round supports the insurtech’s efforts to modernize an industry rife with inefficiency. Kin Insurance, the insurance technology company that makes home insurance easy and affordable, announced a $35 million Series B round. The funding was led by Commerce Ventures with participation from Hudson Structured Capital Management Ltd.......
Fintech InsurTech News

SIMON Expands Annuities Marketplace as Symetra Joins Platform

Fintech News Desk
Symetra annuities are now available on SIMON’s insurtech platform, which offers powerful allocation and income analytics to wealth managers in one centralized location SIMON Annuities and Insurance Services LLC (“SIMON”) today announced a new partnership with Symetra Life Insurance Company (“Symetra”) in a move that expands SIMON’s annuities platform and......
Banking Fintech InsurTech News

Federal Bank Chooses Fiserv to Support Launch of Their First Independent Credit Card

Fintech News Desk
Proven platform, market-ready functionalities and business process outsourcing reduce the need for heavy capital investment and customization(Federal Bank) Federal Bank, a leading private sector bank in India, has chosen Fiserv, a leading global provider of payments and financial services technology solutions, to enable the digitization of the bank’s end-to-end card......
Fintech InsurTech News Uncategorized

Pretected Reports COVID-19 Raises Demand for Auto Insurance Quotes

Fintech News Desk
Pretected.com reports that ever since COVID-19 hit America – late February 2019 – there has been an ever growing demand in online auto insurance quote requests. To be specific, they have seen an average increase of 147% in online auto insurance quote requests between Mar-Aug 2019 to Mar-Aug 2020. This may be surprising information......
Fintech InsurTech News

Policygenius Launches Wills and Trusts Through New Mobile App

Fintech News Desk
Online insurance marketplace expands to offer digital estate planning for busy consumers(Policygenius) Policygenius, the nation’s leading online insurance marketplace, announced the launch of a mobile app that enables consumers to create wills and trusts conveniently on their phones. Consumers can also shop for life and home insurance from the app,......
Artificial Intelligence Fintech InsurTech News Risk Management

Kount Announces Insurance Digital Risk and Fraud Prevention Solution

Fintech News Desk
Research shows insurance providers are at an increased risk of identity assumption, bot quotes, and ghost brokering and need to enhance marketing abilities(Kount) Kount, the leader in digital fraud protection and identity trust, introduced Kount’s Insurance Digital Risk and Fraud Prevention Solution. With increased levels of digital fraud specific to......
InsurTech News

LTCG appoints Sharon Reed as SVP of Process Improvement and Enterprise Training

Fintech News Desk
Reed will lead optimization of the company’s claims operations and training protocols LTCG, the leading insurance administration and claims solution provider for long term care (LTC) insurance, has just announced that Sharon Reed has joined the company as its Senior Vice President of Process Improvement and Enterprise Training. In this......
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