Category : InsurTech

Fintech InsurTech News

Sidecar Health Raises $20 Million to Provide Transparency and Consumer Choice to Health Insurance

Fintech News Desk
by Fintech News Desk0
Disruptive health insurtech startup aims to eliminate $1 trillion in healthcare waste annually Health insurtech company Sidecar Health has raised $20 million in its most recent funding round. The company intends to save the U.S. $1 trillion in healthcare costs annually by empowering consumers to shop around for health services......
Business InsurTech News

New modeling and allocation capabilities in Milliman’s Arius solutions provide richer analysis and reporting

Fintech News Desk
by Fintech News Desk0
Generalized linear models and allocation tools allow actuaries to better model and more effectively report on sophisticated insurance business Milliman, Inc., a premier global consulting and actuarial firm, announced today that it has released version 2020b of its Arius® solutions, a family of state-of-the-art reserve analysis systems for property and casualty insurers. This......
Fintech InsurTech News Risk Management

LexisNexis Telematics OnDemand Delivers Telematics at Point of Quote for the U.S. Insurance Market, Eliminates Need for Usage-Based Insurance Trial and Monitoring Periods

Fintech News Desk
by Fintech News Desk0
LexisNexis Risk Solutions launched LexisNexis Telematics OnDemand, a solution that seamlessly integrates telematics-based driving behavior data into insurer rating and underwriting workflows. With consent previously provided, the solution enables U.S. auto insurers to access a consumer’s existing telematics data in near-real time at point of quote in order to more......
Fintech InsurTech News Risk Management

Chartis Names FIS as Category Leader for Insurance Risk Solutions

Fintech News Desk
by Fintech News Desk0
Financial technology leader FIS has been named a category leader by leading industry research firm Chartis Research for technology solutions that enable global insurers to comply with the International Financial Reporting Standard (IFRS) 17 and U.S. GAAP Long Duration Targeted Improvements (LDTI) accounting standards. Read More: Banks Are Experiencing a Kodak......
InsurTech News

Tegra118’s RetireUp Adds Protective Life Insurance Company to Growing Roster of Insurance Carriers

Fintech News Desk
by Fintech News Desk0
Builds momentum in solving for retirement and lifetime income needs by continuing to add products from top-tier insurance carriers on its comprehensive platform Tegra118, a top provider of wealth and asset management technology solutions, announced that its recently acquired RetireUp business has added Protective® Income Builder indexed annuity from Protective Life......
Fintech InsurTech News

Scottish American Insurance General Agency chooses Input 1 as a servicing partner for its growing Premium Finance Business

Fintech News Desk
by Fintech News Desk0
Input 1, LLC, a leading provider of premium billing and payment solutions is pleased to announce that Scottish American has selected Input 1 as its service provider for processing their premium finance business. Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies “Our partnership with Input 1......
Fintech InsurTech News

Sapiens Announces the Launch of its P&C and Reinsurance Core Platform in the DACH Region

Fintech News Desk
by Fintech News Desk0
Germany is expected to become a leading strategic market for Sapiens cloud-based IDITSuite and digital offerings Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced that after acquiring German-based insurtech sum.cumo in January 2020 it has tailored its Sapiens IDITSuite for Property & Casualty and Sapiens ReinsuranceMaster to the DACH region – Germany, Austria and Switzerland.......
Banking Business Fintech InsurTech News

UMB Institutional Banking Continues Growth of Banking as a Service

Fintech News Desk
by Fintech News Desk0
UMB Bank, n.a., a subsidiary of UMB Financial Corporation announces the advancement of a phased approach to being a “one-stop shop” of Banking as a Service (BaaS) offerings, making it a unique and valuable partner for financial technology (FinTech) companies throughout the U.S. This array of offerings differentiates UMB from other banks......
Fintech InsurTech News

Majesco Announces New and Innovative Updates for Majesco’s Billing for P&C

Fintech News Desk
by Fintech News Desk0
These updates reflect the monthly updates for the last seven months that include next-generation capabilities needed to meet the demands of today’s digital customer Majesco, a global leader of cloud insurance software,  announced the new and innovative updates for Majesco’s Billing for P&C, representing the monthly updates for the last......
Banking Blockchain Cryptocurrency Featured Fintech InsurTech

Do Regulations in Finance Need to Evolve Faster in Order to Keep Pace with Fintech?

Paroma Sen
by Paroma Sen0
At its core and over the last several years, fintech has successfully been utilized to assist companies and individual users in seamlessly managing their financial operations, the constant innovations and development of specialized software and algorithms that can be used easily via computers and personal smartphones has in turn simplified......
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