Search Results for: insurance company

CrashBay, the First Collision Repair Marketplace, Secures Funding to Transform How Consumers, Insurance Companies and Repairers Connect
InsurTech News

CrashBay, the First Collision Repair Marketplace, Secures Funding to Transform How Consumers, Insurance Companies and Repairers Connect

PR Newswire
by PR Newswire0
The funding marks a pivotal milestone in CrashBay’s commitment to transforming the collision repair industry and reshaping direct repair programs. CrashBay, the premier digital marketplace revolutionizing collision repair solutions for fleets and carriers, announced the successful completion of a $1.25 million funding round led by venture capital firm Markd, with participation from......
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......
South Korean Insurtech Carrot has Secured BBI (Behavior Based Insurance) Solution Project of Lippo General Insurance, Indonesia
InsurTech News

South Korean Insurtech Carrot has Secured BBI (Behavior Based Insurance) Solution Project of Lippo General Insurance, Indonesia

PR Newswire
by PR Newswire0
Leveraging its accumulated data capabilities and experience, Carrot plans to create integral systems to facilitate LGI’s introduction of BBI product in Indonesia. Carrot General Insurance Corp. (“Carrot” or the “Company”) has taken its first step on the journey to becoming a global insurtech company. Carrot, South Korea’s largest digital insurance carrier, has announced......
Sure Released the 2024 State of Digital Insurance Report
InsurTech News

Sure Released the 2024 State of Digital Insurance Report

Fintech News Desk
by Fintech News Desk0
The new survey highlights the difficulties that organizations face as they develop new insurance programs in a market that has long been dominated by a handful of incumbent RSOs. Sure, the insurance technology company that unlocks the potential of digital insurance, released the 2024 State of Digital Insurance Report, revealing......
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......
Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology
Fintech Investments News

Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology

PR Newswire
by PR Newswire0
The round was led by Motive Ventures along with Tokio Marine Future Fund, marking a significant step in Korr’s journey to modernise insurance technology. Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round. The round was led by Motive Ventures......
The First ESG Disclosure Guidance for China's Insurance Industry Released With Significant Contributions from Ping An
InsurTech News

The First ESG Disclosure Guidance for China’s Insurance Industry Released With Significant Contributions from Ping An

PR Newswire
by PR Newswire0
Ping An Insurance (Group) Company of China, Ltd. announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group, at the launch of the Guidance for Disclosure of Environmental, Social and Governance (ESG) Information for Insurance Institutions, hosted by the Insurance Association of China. The Guidance......
Simplepin Propels Innovation and Redefines Digital Payments for the Insurance Industry With New Client, Axis
Digital Payments News

Simplepin Propels Innovation and Redefines Digital Payments for the Insurance Industry With New Client, Axis

PR Newswire
by PR Newswire0
The collaboration with Axis is a testament to SimplePin’s ongoing commitment to enhancing operational efficiency, optimising financial processes, and setting new standards in the digital payments landscape for insurance. SimplePin, the pioneering cloud-based payments infrastructure provider tailored for the insurance industry, proudly announces the addition of Axis to its esteemed......
Sun Life US Calls for Mental Health Parity in Disability Insurance
InsurTech News

Sun Life US Calls for Mental Health Parity in Disability Insurance

PR Newswire
by PR Newswire0
Statement from Sun Life U.S. President, Dan Fishbein, M.D., on the ERISA Advisory Council’s recommendation to Congress Dan Fishbein, M.D., president of Sun Life U.S., released the following statement regarding the ERISA Advisory Council’s recommendation that Congress pass legislation to require mental health parity in long-term disability insurance. “Mental health is......
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