Category : InsurTech

InsurTech News

Coalition Launches Coalition Insurance Company

Fintech News Desk
by Fintech News Desk0
Carrier Secures A.M. Best Rating of A-; Signifies Coalition’s Evolution into a Full-Stack Insurance Organization Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, announced the launch of Coalition Insurance Company (CIC), the first full-stack, Active Cyber Insurance carrier. The launch of CIC, which......
Artificial Intelligence InsurTech News

Insurtech COVU Leverages OpenAI to Streamline Insurance Agency Operations

Fintech News Desk
by Fintech News Desk0
COVU, the only all-in-one AI-enabled digital platform for insurance agencies, has released a new executive forecast on the industry shift toward using generative artificial intelligence (AI) tools to help insurance agencies streamline operations, customer service, and cross-selling opportunities. “We are on the cusp of a groundbreaking development within the insurance......
InsurTech Investment Services News

OnPoint Warranty Solutions Announces Strategic Investment and Acquisition

Fintech News Desk
by Fintech News Desk0
OnPoint Warranty Solutions Announces Strategic Investment from Waterfall Asset Management and Atalaya Capital Management and Simultaneous Acquisition of Guardian Protection Products sition OnPoint Warranty Solutions, LLC (“OnPoint”), a rapidly growing insuretech, mobile solutions and warranty services company, announced that it has completed a strategic transaction with a private equity vehicle managed by Waterfall Asset Management,......
InsurTech News

Boston Mutual Life Partners with Majesco to Enhance Customer Experience

Fintech News Desk
by Fintech News Desk0
National life insurance carrier to work with Majesco to support customer journey platform evolution Majesco, a global leader of cloud insurance platform software for insurance business transformation, announced Boston Mutual Life, a national provider of insurance solutions for individuals and at the workplace, has selected Majesco to modernize its core......
Artificial Intelligence Featured InsurTech

How AI Has Transformed The Insurance Industry

Fintech Analyst
by Fintech Analyst0
Being a part of the tech race for this decade, we need to realize that beneath the volatile prices and meme-worthy facade- AI is a transformative superpower that has unbundled the potential to bank the unbanked and unlocks new economic value to build an equitable tech future ahead in the......
InsurTech News

Dynasty Financial Partners’ New Partnership with Boulevard Insurance Underlines Growing Sophistication of RIAs

Fintech News Desk
by Fintech News Desk0
With Access to Experts in Coverage Planning, Design and Implementation, BIS Provides Enhanced Protection to the High-Wealth End Clients of Firms in Dynasty’s Network of Independent RIAs Dynasty Financial Partners has announced a new strategic partnership with Boulevard Insurance Strategies (BIS). The relationship will help Dynasty’s Network of Advisors deliver......
InsurTech News

Advisor360° Deepens its Insurance Capabilities on Policy Riders

Fintech News Desk
by Fintech News Desk0
New Insurance Rider Access in Fourth Quarter of 2022 Caps Year of Robust Innovation Advisor360°, a leading provider of integrated technology for broker-dealers and other wealth managers, has made it easier for advisors to view the policy riders that are attached to their clients’ in force insurance policies. The upgraded......
Finance InsurTech News

Majority of Americans are More Concerned About Paying Bills Right Now Than Financial Future

Fintech News Desk
by Fintech News Desk0
Allianz Life study finds many Americans are prioritizing present needs at the cost of their retirement The majority of Americans say present financial issues are more important than preparing for their future. Two in three Americans (67%) say they are more concerned about paying bills right now than saving for......
InsurTech Investment Services News

Keystone Agency Partners Brings in Flexpoint Ford as Investment Partner

Fintech News Desk
by Fintech News Desk0
Investment to support Bain Capital-backed partnership’s growth and M&A strategy Keystone Agency Partners, a rapidly growing insurance brokerage platform, announced it has received a significant preferred equity investment from Flexpoint Ford Asset Opportunity Fund II. The investment will further enable KAP to execute its growth strategy and fund the expansion......
InsurTech News

Hippo Announces Successful Reinsurance Renewals

Fintech News Desk
by Fintech News Desk0
Hippo, the home insurance group focused on proactive home protection, announced the successful placement of its 2023 reinsurance program. “Our expected loss ratios are rapidly converging to our long-term targets which drove our strategic decision to re-position our program. We are pleased that reinsurers continue to see the value in......
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