Category : InsurTech

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......
InsurTech News

Southern Trust Insurance Chooses Duck Creek OnDemand for its Cohesive and Comprehensive Full-Suite Capabilities

Fintech News Desk
by Fintech News Desk0
Cloud-based SaaS implementation will modernize the insurer’s operations and bring greater ease and efficiency to policyholder support Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces Southern Trust Insurance (“Southern Trust”) as the latest insurance carrier to embrace Duck Creek OnDemand as......
InsurTech News

Financial Advisors Have Used FIDx’s Platform for More Than $1 Billion in New Annuity Contracts

PR Newswire
by PR Newswire0
Accelerated Growth Driven by Increased Adoption from Financial Advisors Fiduciary Exchange LLC (FIDx) is celebrating a significant milestone: financial advisors have utilized FIDx’s platform, which includes tools and integrated technology solutions for managing annuities, for more than $1 billion in new annuity contracts since the platform’s full market launch in September 2021. “Our......
InsurTech News

Verisk Modernizes System to Combat Insurance Fraud in Israel

GlobeNewswire
by GlobeNewswire0
Digitization of insurance has led to rising consumer expectations for a simpler and faster claims experience Verisk announced the launch of its new ClaimSearch system in Israel. Developed in collaboration with the Israel Insurance Association and with the backing of the government, this state-of-the-art, cloud-based system aims to revolutionize the......
Fintech InsurTech News

Companion Protect, National Pet Insurance Administrator, Announces Completion of $27 Million Series A Financing Led

Business Wire
by Business Wire0
Strategic investments from Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, and Stray Dog Enterprises to fuel digital innovations in customer and agent experience Companion Protect, a Kansas City-based pet insurance and pet wellness administration company, announced it has raised $27 million in its Series A financing round from......
InsurTech News

Verisk Enters Egypt Health Insurance Market Through AXA Deal

GlobeNewswire
by GlobeNewswire0
AXA selects Verisk’s Health Risk Rating Tool and Ratings Engine to assess substandard risks posed by pre-existing medical conditions AXA Life & Health Reinsurance Solutions has selected Verisk’s Health Risk Rating Tool and Ratings Engine to help its insurance partners in Egypt automate health insurance underwriting based on the declared......
InsurTech News

Irys Insurtech Closes $3.5 Million Seed Round to Take on Legacy Competitors

PR Newswire
by PR Newswire0
Irys Insurtech, Inc., a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems. The funding round was led by Markd, known for its keen interest in groundbreaking insurtech innovations. This investment heralds a new era where......
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