Search Results for: Head of Insurance

Walnut Insurance Secures $4.6M to Transform Insurance Distribution with Embedded Technology
Finance Fintech Investments News

Walnut Insurance Secures $4.6M to Transform Insurance Distribution with Embedded Technology

Business Wire
by Business Wire0
Walnut is revolutionizing insurance distribution by enabling partner-driven growth through technology solutions for insurers and enterprise businesses Walnut, an innovative force in the insurance distribution industry, today announced the successful close of its latest funding round, securing $4.6M. The investment will be used to expand Walnut’s groundbreaking embedded insurance technology......
Gradient AI Secures $56 Million in Series C Funding to Expand AI-Powered Insurance Solutions
Artificial Intelligence Finance Fintech News

Gradient AI Secures $56 Million in Series C Funding to Expand AI-Powered Insurance Solutions

Business Wire
by Business Wire0
Led by Centana Growth Partners, Funding Will Enhance and Extend the Range of Product Solutions and Expand Customer Success and Sales Functions Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that it has raised $56.1 million in Series C funding.......
defi SOLUTIONS Announces New Partnership with F&I Sentinel to Bring Comprehensive After-Market Finance and Insurance Compliance to Lenders
DeFi InsurTech News

defi SOLUTIONS Announces New Partnership with F&I Sentinel to Bring Comprehensive After-Market Finance and Insurance Compliance to Lenders

Business Wire
by Business Wire0
Two industry leaders partner for the good of the lending industry. defi SOLUTIONS, the leading provider of originations, servicing, and managed servicing software and services, is pleased to announce the addition of F&I Sentinel to the defi family of providers partnering to improve fintech for the lending industry. “F&I Sentinel......
Verisk Launches First-of-its-Kind Insurance Index to Better Inform Pricing Decisions
Finance Fintech News

Verisk Launches First-of-its-Kind Insurance Index to Better Inform Pricing Decisions

GlobeNewswire
by GlobeNewswire0
Verisk’s ISO Experience Index can help the insurance industry quickly assess changes in risk patterns and the cost of insuring risk The insurance industry exceeded loss ratio levels that have not been seen in nearly 20 years, with an estimated $21.2 billion reported in underwriting losses in 2023. To help insurers, Verisk (Nasdaq: VRSK),......
Tint Launches Embedded Insurance Solution to Strengthen Its Position in the Mobility Industry
Finance Fintech News

Tint Launches Embedded Insurance Solution to Strengthen Its Position in the Mobility Industry

Business Wire
by Business Wire0
Company Releases Tailored Program Unique to the Needs of Peer-to-Peer Car Sharing Customers, Turo’s Hosts Tint, a leading embedded insurance platform, today announced the launch of its innovative embedded insurance solution for Turo, the world’s largest peer-to-peer car sharing marketplace. Tint is powering an off-trip insurance program designed with the......
Parametric Insurance: Revolutionizing Traditional Insurance Models
Guest Posts InsurTech

Parametric Insurance: Revolutionizing Traditional Insurance Models

Neha Batra
by Neha Batra0
Parametric insurance, a novel approach to risk management, represents a departure from traditional insurance methods. In contrast to indemnity-based insurance, where claims are assessed based on actual losses, parametric insurance operates on the principle of predefined triggers, typically related to weather benchmarks or other quantifiable parameters. This innovative model offers......
Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
by PR Newswire0
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
Clearcover Launches Generative AI Insurance Tool to Expedite Claims Processing and Improve Customer Experience
InsurTech News

Clearcover Launches Generative AI Insurance Tool to Expedite Claims Processing and Improve Customer Experience

PR Newswire
by PR Newswire0
The leading insurtech is rolling out a series of AI solutions, including Digital Statement Collection at FNOL. Clearcover, a next-generation car insurance company, announces the launch of its revolutionary generative AI solution that further digitizes statement collection, significantly streamlining the insurance claims process and customer experience. The AI-driven solution utilizes......
KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership
InsurTech News

KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership

PR Newswire
by PR Newswire0
Blackstone and Key closed a transaction on a seed portfolio of middle market fund finance facilities. KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance (“Blackstone”) focused on Key’s Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital, transportation,......
Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector
Fintech Investments News

Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector

Business Wire
by Business Wire0
With this investment, Wipro becomes a majority shareholder in Aggne, which brings to Wipro a highly sought-after and unique set of capabilities and Intellectual Property (IP) in the property & casualty (P&C) insurance space. Wipro Limited, a leading technology services and consulting company, today announced that it has made a......
1