Category : InsurTech

InsurTech Investment Services News

Functional Finance Raises $8 Million to Further Expand Operational Efficiency for the Insurance Industry

PR Newswire
by PR Newswire0
Funding, led by NEA with the support of other premier investors including Hank Greenberg’s C.V. Starr Insurance, will accelerate product development and marketing initiatives that focus on streamlining back-office functions for companies in the insurance industry Functional Finance, a software platform that integrates and automates data and reporting functions for insurance companies,......
InsurTech News

HawkSoft and Lightspeed Voice Introduce Two-Way API Integration

PR Newswire
by PR Newswire0
The VOIP platform is the first two-way API Partner in its vertical HawkSoft and Lightspeed Voice are announcing a new stage in their long history of collaboration – the introduction of two-way API integration between the agency management system and popular VOIP platform. Lightspeed Voice is the first VOIP platform......
InsurTech News

Westland Insurance Acquires Hubbard Insurance and Assurance Belliveau Insurance

GlobeNewswire
by GlobeNewswire0
Westland continues to grow across Canada with acquisitions in ON and NB Westland Insurance, Canada’s leading independently-owned insurance brokerage, announced that it acquired two P&C brokerages: Hubbard Insurance Group and Assurance B. Belliveau Insurance Inc. These acquisitions contribute to Westland’s national expansion and bring Westland into new areas. Latest Fintech......
InsurTech News

Idelic Introduces New Safety Suite Platform For Insurers

Business Wire
by Business Wire0
A New Solution to Improve Commercial Fleet Insurance Profitability Idelic, a leading provider of advanced commercial driver performance management solutions, is proud to announce the launch of its first-to-market Safety Suite Platform for Insurers. This innovative solution addresses the challenges faced by insurers in risk pre-selection and monitoring, paving the......
Cloud InsurTech News

Reliance Matrix Partners with Zywave, an Insurance Tech Company Providing Innovative, Cloud-Based, DAMS to Brokers

Business Wire
by Business Wire0
Reliance Matrix, a leading absence and employee benefits company, has partnered with insurance tech company Zywave, the leading provider of cloud-based, digital agency management systems for brokers. Zywave’s CPQ – Employee Benefits solution, which will now feature Reliance Matrix dental and vision products, is designed to make quoting and placing......
Cloud InsurTech News

The Insurance Company of Prince Edward Island Selects Guidewire Cloud for Business Growth

Business Wire
by Business Wire0
The Insurance Company of Prince Edward Island (ICPEI), a provider of personal and commercial insurance in Canada, and Guidewire announced that ICPEI selected Guidewire InsuranceSuite on Guidewire Cloud to power its core business, simplify its IT operations, adapt to changing market demands, deliver more value to its broker partners and policyholders, and to continue to......
Artificial Intelligence InsurTech News

American Trucking and Transportation Insurance Company Selects Gradient AI to Improve Trucking Claims Outcomes

Business Wire
by Business Wire0
Enhances Claims Management and Facilitates Better Outcomes Through an Integrated Solution with Origami Risk Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, announced that American Trucking and Transportation Insurance Company, a Risk Retention Group (ATTIC, RRG) selected Gradient AI’s claims management solution......
Digital Guest Posts InsurTech

The Future of Renting Involves Proptech and Insuretech

Bryan Woods
by Bryan Woods0
The world has gone digital. Technological advancements continue to transform our everyday lives. We pay bills, buy groceries and even see doctors online. To keep pace with consumer demands, all industries must undergo digital transformation — insurance and real estate are no exception. One area ripe for innovation — renting.......
InsurTech News

Franklin Mutual Insurance Group Deploys Guidewire Cloud for Business Growth

Business Wire
by Business Wire0
Property and Casualty (P&C) insurer leveraging Guidewire Cloud to increase business agility and deliver more value to agents and policyholders Franklin Mutual Insurance Group (FMI), a P&C insurance provider for residents and business owners in New Jersey and Pennsylvania, and Guidewire announced that FMI successfully implemented Guidewire InsuranceSuite on Guidewire......
InsurTech News

Blitz Insurance Partners with Ascend to Expand Payment and Financing Offerings

PR Newswire
by PR Newswire0
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......
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