Category : InsurTech

InsurTech News

Blitz Insurance Partners with Ascend to Expand Payment and Financing Offerings

PR Newswire
Blitz Insurance, a specialty insurance carrier, partners with Ascend to modernize payment experiences for insurance brokers selling in specialty markets. With this partnership, Blitz Insurance will open new customer segments by offering both direct bill and premium financing into their payments workflow. “When we looked into the market for a......
InsurTech News Security

Embroker Partners with Dashlane and Cowbell to Continue Building Single-Destination Risk Mitigation Solution

Business Wire
Dashlane, Cowbell partnering with Embroker, bringing more security protection and cyber coverage options to startup customers Embroker, the digital platform making it radically simple to get business insurance, announced strategic partnerships with Dashlane, a security-first password management provider, and Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises......
Artificial Intelligence InsurTech News

Concirrus Partners with Insurity to Develop and Deliver Predictive Data Models for Enhanced Cargo Risk Management

Business Wire
As a welcome relief to global economic pressures, this partnership enables insurers to leverage data to streamline operations, reduce losses, and maximize profits Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced a new partnership with Concirrus, the leading AI insurtech helping commercial insurers to......
InsurTech News

BondExchange Named Recommended Surety Partner on TrustedChoice.com

PR Newswire
BondExchange, the technology and service leader in the surety bond industry, and TrustedChoice.com, the leading digital marketing platform for the independent insurance industry, announced an enhanced partnership to bring BondExchange’s surety platform to the nation’s largest collection of independent insurance agents. “BondExchange’s mission is to empower agents with the tools......
InsurTech News

Industry Veterans Launch InsurTech Modives, Close $3 Million Seed Round

Business Wire
Life Event Platform Automates Insurance Verification for Property Management, Auto Dealerships Combining decades of accumulated experience in the insurance space, five industry vets announced the formation of Modives—a new venture delivering automation to alleviate a painful and time-consuming process for property managers and auto dealers: insurance verification. Latest Fintech Interview:......
InsurTech News

Prudential Financial to Reinsure $12.5 Billion Guaranteed Universal Life Block with Somerset Re

Business Wire
Supports Prudential’s transformation strategy by reducing market sensitivity and increasing capital flexibility Does not result in any changes for customers and distribution partners Prudential Financial, announced an agreement to reinsure a portion of its guaranteed universal life block with Somerset Re, resulting in approximately $450 million of proceeds.1 Latest Fintech......
InsurTech News

Omega Realty Group Selects Rhino+ to Modernize Security Deposit Process

Fintech News Desk
Platform gives renters more choices and a digital move-in experience Rhino, which pioneered security deposit insurance in 2017 and services a six-million-home partner network,  announced that Omega Realty Group is using the new Rhino+ platform to manage security deposits for renters. Rhino+ is the rental industry’s first digital deposit platform that simplifies......
InsurTech News

Betterview and EagleView Launch Strategic Property Intelligence Alliance

GlobeNewswire
Advanced analytics and the largest collection of data assets support insurance companies in making better, more accurate decisions Betterview, the insurtech company Property & Casualty insurers rely on to identify and manage real property risk, and EagleView, the leading provider of aerial imagery and accurate property measurements, announce a strategic......
InsurTech News

North American Digital MGA, Foxquilt, Secures $12 Million Funding

PR Newswire
Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise of $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both......
InsurTech News

OCTO Crash & Claims: Video Damage Evaluation Opens up New Era of Claim Management

Fintech News Desk
OCTO Telematics is actively working to enhance its innovative telematic solutions and expand its portfolio of products and services. These advancements aim to streamline claim management, reduce costs for insurance companies, and improve the overall customer experience. OCTO Crash & Claims solution marks a shift in the traditional way of managing......
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