Search Results for: digital insurance

Parachute Digital Solutions Launches New Online Insurance Platform in Canada
Fintech InsurTech News

Parachute Digital Solutions Launches New Online Insurance Platform in Canada

Fintech News Desk
Parachute Digital Solutions Inc., a Munich Re company, announces the launch of Parachute 2.0, a turnkey product and carrier agnostic online insurance platform for carriers, brokers, employers, associations, and retailers to offer life and supplemental health protection plans in an easy-to-use, secure and streamlined digital environment. Read More: Hexaware Named......
FRISS Fraud Study Shows the Impacts of COVID-19 on AI and Digitalization in Insurance
Artificial Intelligence Fintech InsurTech News

FRISS Fraud Study Shows the Impacts of COVID-19 on AI and Digitalization in Insurance

Fintech News Desk
A 2020 study by FRISS reveals how the pandemic changed insurers’ priorities In a recent study by FRISS, the global leader in AI-powered fraud detection software for insurers, the impacts of COVID-19 as well as long-term industry trends are highlighted. The study gathered input from nearly 500 insurance professionals worldwide......
Tomorrow to Offer its 500,000 App Users All-Digital Life Insurance Through Bestow Partnership
Fintech InsurTech News

Tomorrow to Offer its 500,000 App Users All-Digital Life Insurance Through Bestow Partnership

Fintech News Desk
– Tomorrow’s legal will and trust customers can now apply for term life insurance in minutes using the free-to-use app. – For the first time, Bestow’s all-digital, no-medical-exam life insurance application will be offered entirely through a partner’s digital experience. – 75% of Millennials and GenX Americans need a legal......
Bestow to Acquire Centurion Life Insurance Company
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Bestow Launches Protect API, Bringing 100% Digital Life Insurance to Partners

Fintech News Desk
With the Protect API, Bestow’s instant term life insurance experience can seamlessly integrate into any app or website. Bestow announces the Protect API launch, expanding access to its entirely digital term life insurance experience. Designed with an Insurance as a Service approach, the Protect API enables companies to directly offer......
Credit Card Companies’ Support for Small Businesses During COVID-19 Not Enough to Drive Customer Satisfaction, J.D. Power Finds
Fintech News

Digital Adoption Rises Nearly 20% for Insurance Claims, J.D. Power Finds

Fintech News Desk
New J.D. Power Study Finds Satisfaction Improving as Customers Increase Use of Digital Channels Insurance claimants’ use of digital technologies continues a rapid march forward. That’s the lesson property and casualty (P&C) insurers are learning as claimants have ramped up use of digital channels throughout the claims process during the......
Clearcover Unveils Clear Claimsâ„¢ -- The Fastest Digital Auto Insurance Claims Process
Business Fintech InsurTech News

Clearcover Unveils Clear Claimsâ„¢ — The Fastest Digital Auto Insurance Claims Process

Fintech News Desk
Powered by machine learning, Clearcover now issues payment for eligible claims in as little as 13 minutes Clearcover, the smarter car insurance choice, has announced Clear Claims, which advances the company’s digital claims process by offering drivers instant auto insurance claims processing and payment issuance for eligible claims faster than......
Cogitate Enhances DigitalEdge Insurance Platform with Verisk Advisory Loss Costs, Rules, and Forms
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Cogitate Enhances DigitalEdge Insurance Platform with Verisk Advisory Loss Costs, Rules, and Forms

Fintech News Desk
Cogitate Technology Solutions, a future-ready P&C insurance technology innovator, has enhanced its DigitalEdge Insurance Platform by becoming a member of the Verisk Strategic Alliances network and integrating rates, rules, and forms from ISO, a Verisk business, into various lines of business. Cogitate’s Platform enables insurance carriers, MGA’s, wholesalers and program managers to distribute their lines......
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Spruce Partners with Munich Re’s Digital Partners to Offer Title Insurance Fueled by Automation; Featuring New Consumer Pricing

Fintech News Desk
Spruce, the proptech company powering online real estate transactions nationwide, today announced its partnership with Munich Re, one of the world’s leading reinsurers, to bring cost-effective title insurance fueled by automation to the U.S. market. The partnership pairs Munich Re’s technical and risk expertise and financial strength with Spruce’s agility......
Canal Insurance Selects One Inc for Digital Payments
Fintech InsurTech News

Canal Insurance Selects One Inc for Digital Payments

Fintech News Desk
One Inc, a digital payments platform provider for the insurance industry, is pleased to announce Canal Insurance Company (Canal) has selected the One Inc Digital Payments Platform for both inbound premium and outbound claims payments. Read More: Avalara Introduces E-invoicing Solution to Help Businesses Manage GST Compliance in India Based in Greenville,......
While AI Has Provided Significant Benefits for Financial Services Organizations, Challenges Have Limited Its Full Potential
Fintech InsurTech News

Capgemini Press Release // COVID-19 accelerates insurance digitalization to meet customer demand: World InsurTech Report 2020

Fintech News Desk
Insurers must explore new ways to build capabilities to meet the digital needs of customers as BigTechs and non-traditional players enter the insurance space, according to the World InsurTech Report 2020 (WITR) published today from Capgemini and Efma. With COVID-19 increasing customer engagement and expectations, the World InsurTech Report 2020 outlines a growing opportunity for......
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