Category : InsurTech

InsurTech News

CLARA Analytics Raises $24 Million in Series C Funding, Accelerating AI Adoption for Insurance Claims

Business Wire
by Business Wire0
CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announced its $24 million Series C funding, bringing its total funding to $60 million. This round was led by new investor Spring Lake Equity Partners, with participation from existing investors including Aspen Capital Group, Oak HC/FT and QBE Ventures. Latest......
InsurTech News

FOXO Technologies Announces Agreement With Atrio Insurance

Business Wire
by Business Wire0
FOXO Technologies, a technology platform company whose products and services seek to address long-standing, core problems within the life insurance industry through epigenetic longevity science, announced that its insurance distribution subsidiary, FOXO LIFE, has engaged Atrio Insurance/Singular Insurance Brokerage, an insurance brokerage general agency offering products and specialty programs throughout......
Cloud InsurTech News

Majesco Strengthens Partnership with Microsoft for Scalable SaaS Insurance Platform

Business Wire
by Business Wire0
Majesco, a global leader in cloud insurance software solutions, and Microsoft have announced a strategic alliance aimed at driving long-term digital transformation for insurers. By leveraging Microsoft Cloud and Analytics capabilities, the partnership empowers customers with a scalable and secure intelligent cloud environment. With a shared vision of empowering individuals......
Banking InsurTech News

Bluevine Expands FDIC Insurance Protection Up To $3 Million For Business Banking Customers

Business Wire
by Business Wire0
Bluevine, the one-stop digital banking platform specifically designed for small businesses, announced expanded FDIC insurance coverage of up to $3 million through Coastal Community Bank, Member FDIC, and program banks in a sweep network, automatically offering Bluevine account holders coverage of up to 12x the industry standard of $250,000. The......
InsurTech News

Partners Life Launches Medical Claims on the FINEOS Platform

Business Wire
by Business Wire0
Case study shows New Zealand life and health insurer with better outcomes, enhanced client experience in first use of FINEOS LISA for medical claims Partners Life, one of New Zealand’s largest private life and health insurance companies, has become the first insurer to successfully launch medical claims on the FINEOS......
Cloud InsurTech News

Novidea Joins WSIA to Help Wholesale and Specialty Insurers Achieve Growth

PR Newswire
by PR Newswire0
Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, and wholesalers, announced that it has joined the Wholesale and Specialty Insurance Association (WSIA), a non-profit association of professionals dedicated to the wholesale and specialty insurance distribution system. As a WSIA member, Novidea supports the organization’s......
InsurTech News

Foresight: Eye-Net and SoftBank Corp. Collaborate to Introduce Cross-Collision Prevention V2X Solution Utilizing 5G MEC

GlobeNewswire
by GlobeNewswire0
The collaboration consists of a multiphase work plan which could potentially lead to an extensive commercial deployment of Eye-Net in the Japanese market through SoftBank’s multiple business partners Foresight Autonomous Holdings Ltd, an innovator in automotive vision systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net......
InsurTech News

icare Moving to Cloud on the FINEOS Platform

Business Wire
by Business Wire0
FINEOS Corporation, the global leader of group and individual core software for life, accident and health insurance, announced that Insurance and Care New South Wales (icare) will move its Dust Diseases Care Scheme to the FINEOS Platform. This will enable icare to provide a contemporary claims management service to the citizens......
InsurTech News

3i Infotech Forms Strategic Partnership with InsureMO Offering PaaS to Enterprises

Fintech News Desk
by Fintech News Desk0
3i Infotech Limited, an eminent global Information Technology company devoted to propelling business transformation, announces its partnership with InsureMO, a world leading Insurance Middleware Platform. InsureMO collaborates with various sectors, driving monumental changes specifically designed for the insurance industry. This Partnership will help 3i Infotech to expand its services offering......
InsurTech News

Fairmont Farmers Mutual to Leverage Betterview to Optimize Inspections

GlobeNewswire
by GlobeNewswire0
Fairmont Farmers Mutual Insurance Company, a provider of quality services to their members since 1889, announced they have selected insurtech company Betterview. Fairmont will leverage the property intelligence tools on the Betterview platform to improve loss control and optimize inspection efficiency, particularly during winter months. Latest Fintech Interview : Global......
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