Category : InsurTech

InsurTech News

DWS Survey Reveals Pandemic-Driven Changes Insurance Clients Made to Fixed Income Allocations

Fintech News Desk
by Fintech News Desk0
DWS, one of the world’s leading asset managers, today announced the findings of a joint survey with Greenwich Associates of its institutional insurance client base to better understand how COVID-19 might be influencing their investment strategies and asset class allocations. While the majority of insurance clients surveyed indicated that they......
Fintech InsurTech News

NTT DATA Study Reveals Data Crisis as Companies Pivot from Disruption to Transformation

Fintech News Desk
by Fintech News Desk0
NTT DATA Services, a digital business and IT services leader, today announced the results of a new study that signals the urgency of organizations’ data crisis in light of looming recovery needs. The study, “The Big Pivot: From Data Islands to Data Insights” reveals that only 10% of organizations are using data very......
Fintech InsurTech News

Protective Insurance Selects Majesco P&C Core Suite for Commercial Auto and Workers’ Compensation Lines of Business on Majesco CloudInsurer® to Accelerate Their Digital Transformation

Fintech News Desk
by Fintech News Desk0
Majesco, a global leader of cloud insurance software,  announced that Protective Insurance selected Majesco P&C Core Suite for Commercial Auto and Workers’ Compensation claims and billing solutions on Majesco CloudInsurer to replace legacy solutions and modernize and optimize their business operation and accelerate their digital transformation strategy. Read More: Binance Card......
Business Fintech InsurTech Mobile Banking

The Helper Bees Secures $6M Series A Funding Round, Partners with Insurance Carriers to Create a Better Model for Home Care

Fintech News Desk
by Fintech News Desk0
The Helper Bees, a company creating a better model for home care, has secured $6 million in Series A funding led by Silverton Partners. Additional investors in the round include Austin Impact Capital, Techstars and strategic angel investors. The Helper Bees (THB) has deployed a combination of skilled professionals and......
Blockchain Fintech InsurTech News

YAS Empowers Insurtech with Disruptive Innovations for the Future and Beyond Reshaping the Insurance Industry with a New Ecosystem and Business Model

Fintech News Desk
by Fintech News Desk0
 YAS Digital Limited (YDL), the Hong Kong-based regional insurtech venture, today unveiled Hong Kong’s first microinsurance marketplace – YAS, which utilizes innovative technologies such as 5G, AI, blockchain, data analytics, and open API, to reshape the insurance industry while creating an unprecedented ecosystem and business model for both B2B and B2C customers.......
Business Fintech InsurTech News

Bits of Stock partners with Button to launch its Stock Back program

Fintech News Desk
by Fintech News Desk0
Users can earn Bits of Stock™ when shopping with leading brands powered by Button’s technology.  Button, the leading mobile commerce platform, today announced its partnership with Bits of Stock, the brand loyalty and investment app, to enable its users to discover in-app brand offers, shop, and earn fractional shares of stock.......
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......
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