Category : InsurTech

Fintech InsurTech News

Covered by SAGE Secures $6M Seed Funding From NFX, Acorns and Betterment Co-Founders, and Tectonic Capital to Build A Tech Powered Insurance Brokerage

Fintech News Desk
by Fintech News Desk0
The insurtech startup aims to transform the role of retail agents in today’s insurance ecosystem Covered by SAGE, a modern, tech-enabled Property and Casualty (P&C) insurance brokerage revolutionizing the insurance industry, announced it has successfully closed a $6 million seed round, led by NFX with participation from Tectonic Capital and Treasury,......
Fintech InsurTech News

Federal Life Insurance Company Selects DXC Technology to Enhance Policy Buying Experience for Customers and Agents

Fintech News Desk
by Fintech News Desk0
Federal Life Insurance Company, based in Riverwoods, IL just northwest of Chicago, has gone live with DXC Assure for Life and Wealth to enhance the policy buying experience for their customers and agents, streamline key processes, and drive business growth. DXC’s solution is built on a scalable, cloud-based architecture, implemented......
Cryptocurrency Fintech InsurTech News

Digital Asset Custody Company Brane Announces Insurance Coverage

Fintech News Desk
by Fintech News Desk0
Brane Inc., a leading digital asset exchange and custodian, announced that the company has obtained full crime insurance coverage for custodied digital assets through a global consortium of industry-leading insurers and arranged by one of the world’s largest insurance brokers. Brane’s insurance coverage includes all currency or funds on hand,......
Fintech InsurTech News

Bestow Inc. Closes Series B Financing and Launches the Bestow Foundation

Fintech News Desk
by Fintech News Desk0
The nonprofit launches on the heels of Bestow Inc. securing $50 million for digital life insurance Bestow Inc., the leading fully digital life insurance platform, announced the launch of the Bestow Foundation, a 501(c)(3) nonprofit organization created to assist those most in need of financial support during a crisis or......
Fintech InsurTech News

Sapiens Announces a New Version of its Insurance Underwriting Solution

Fintech News Desk
by Fintech News Desk0
The upgrade to the cloud-enabled life & annuities offering includes a new reinsurance interface to facilitate data transmission and enhanced underwriter notes capabilities Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, has announced a new version of Sapiens UnderwritingPro for Life & Annuities. Read More: Executives......
Business Fintech InsurTech News

New InsurTech Partnership Allows Agents to More Easily Quote Private Flood Coverage

Fintech News Desk
by Fintech News Desk0
Vertafore joins with Aon Edge Private Flood Insurance to streamline process for residential flood quotes by integrating EZ Flood into PL Rating Vertafore announced its partnership with Aon Edge Private Flood Insurance to integrate EZ Flood into PL Rating™, Vertafore’s industry-leading personal lines comparative rater. This partnership enables independent agents......
Fintech InsurTech News

Even Financial Launches Insurance Offerings With Strategic Acquisition of LeapLife, a Leading Insurtech Platform

Fintech News Desk
by Fintech News Desk0
Even Financial (Even), the leading API for financial services search, acquisition, and monetization, announced that it will be launching services for the insurance industry through the acquisition of LeapLife, an insurtech platform and digital life insurance agency. Read More: Nav Launches Calculator to Help Business Owners Determine Eligibility for CARES Act......
Banking Business InsurTech News

SS&C to Acquire Capita’s Life Insurance and Pensions Servicing Business in Ireland

Fintech News Desk
by Fintech News Desk0
The acquisition grows SS&C’s presence in International Life & Pensions servicing market SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced it has entered into an agreement to acquire Capita Life & Pensions Services (Ireland) Limited (CLPSI) and certain related business. The acquisition grows SS&C’s presence in the international life insurance and pensions......
InsurTech News Risk Management

Shift Technology And ALFA Join Forces To Fight Organized Auto Insurance Fraud

Fintech News Desk
by Fintech News Desk0
Industry Coalition Aims to Identify Related Incidents Impacting Two or More Insurers Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced that the Agency Against Insurance Fraud (ALFA) is using the company’s Force fraud detection solution to better identify suspicious activities impacting......
Fintech InsurTech News

Charles Taylor Announces Changes to Its Board and Executive Committee

Fintech News Desk
by Fintech News Desk0
Edward Creasy appointed Executive Chairman for the Group, alongside Tamer Ozmen who also re-joins the Charles Taylor Board. Charles Taylor, the leading provider of services and technology solutions to the global insurance market, has announced that Edward Creasy has been appointed Executive Chairman for the Group from non-executive director, where......
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