Category : InsurTech

InsurTech News

TransMedia Group Ensures Media Will Learn About ‘Living Benefits’ in Insurance Five Rings Financial’s Agents Provide

PR Newswire
by PR Newswire0
TransMedia Group to represent Five Rings Financial’s Brazillian agency, also known in Florida as “Brazillionaires,” providing thousands of families in several states with income protection in the event of serious illnesses with insurance policies containing “living benefits.” “When Gustavo & Marina Couto launched the Brazillionaires agency in 2014, one of the arms of Five Rings Financial......
InsurTech News

Max Life Embraces AI to deliver Hyper-Personalized Interactions to Customers

PR Newswire
by PR Newswire0
Personalized videos for customers, deliver timely reminders for premiums, sales training amongst other innovations Max Life Insurance Company Ltd. (“Max Life” / “Company”), is undertaking a significant advancement in engaging with its customers by introducing AI-powered personalization across the board- starting with renewals messaging. On the forefront of the AI campaign......
InsurTech News

Athene Executes Block Reinsurance Transaction

GlobeNewswire
by GlobeNewswire0
Athene Holding Ltd. (“Athene”), a leading provider of retirement services products, has executed a block reinsurance transaction with FWD Life Insurance Co. Ltd., a Japanese domiciled insurer. Under the terms of the agreement, Athene will reinsure an in-force block of whole life insurance policies. In conjunction with the transaction, Athene......
InsurTech News

Foresight Announces Strategic Partnership with QBE North America

PR Newswire
by PR Newswire0
Foresight Risk and Insurance Services (“Foresight”), the innovative workers’ compensation specialist that strives to reduce claim frequency with proprietary safety technology and services, announced a new strategic partnership with QBE North America (“QBE”), part of QBE Insurance Group Limited, a global insurance leader. The new partnership enables Foresight to write......
InsurTech News

More than a Quarter (28%) of Americans with Health Insurance Can’t Afford Their Deductibles

PR Newswire
by PR Newswire0
For many Americans, basic health care is still unaffordable, even with health insurance The Affordable Care Act was introduced more than a decade ago, making several preventative services available at no charge to millions of Americans. But many are still struggling to financially cover their basic health care needs. In......
InsurTech News

Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers

GlobeNewswire
by GlobeNewswire0
Insurtech Platform Digitally Streamlines Brokers’ Small Business Insurance Operations from Quote to Claim Layr, a leading insurance tech company, closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capital also participated in the round. The company will use the......
InsurTech News

NEXT Insurance Enters Partnerships with Allstate and Allianz X, Supported by $265 Million Strategic Investment

PR Newswire
by PR Newswire0
NEXT will provide its products to Allstate customers, expanding its footprint to even more small businesses nationwide NEXT and Allstate will co-develop innovative and unique commercial auto products to target market of 33 million small businesses Deal with Allianz Re bolsters its reinsurance relationship with a multi-year commitment Partnership fuels a new $265......
InsurTech News

Risk Strategies Acquires Fairmount Benefits Company

GlobeNewswire
by GlobeNewswire0
Specialty firm adds to the expertise of rapidly growing national employee benefits practice Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced it has acquired Fairmount Benefits Company, a Pennsylvania-based specialty firm focused on developing and administering employee benefit programs for corporate employers. Terms of the......
InsurTech News

Pattern Insurance Unveils FlexIt: Revolutionizing Cancellation Flexibility for Non-Refundable Bookings

PR Newswire
by PR Newswire0
Pattern, a leading InsurTech innovator specializing in customized embedded insurance and non-insurance products, is thrilled to announce the launch of its groundbreaking service, FlexIt. Designed to provide unmatched cancellation flexibility for non-refundable bookings, FlexIt empowers travel, booking, and registration retailers to offer their customers an immediate, no-questions-asked cancellation option. According to Expedia’s most......
InsurTech News

Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP

PR Newswire
by PR Newswire0
Seven Insurance Industry Leaders Join Inaugural Advisory Board for Next Stage of Growth Neptune Flood, the largest private provider of flood insurance in the United States, has crossed $200 million of premium in force and adds seven members to its newly formed advisory board, it was announced today by Trevor Burgess, CEO of Neptune Flood.......
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