Category : InsurTech

Artificial Intelligence InsurTech News

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

Business Wire
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
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
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
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......
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