Search Results for: insurance industry

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......
InsureMO Partners With MoneyHero Group to Create the Premiere Digital Insurance Aggregation and Comparison Platform in Greater Southeast Asia
InsurTech News

InsureMO Partners With MoneyHero Group to Create the Premiere Digital Insurance Aggregation and Comparison Platform in Greater Southeast Asia

PR Newswire
by PR Newswire0
Through this collaboration, MoneyHero continues to strengthen its position as the premiere digital insurance aggregation and comparison platform in Greater Southeast Asia. InsureMO is thrilled to announce its strategic partnership with MoneyHero Limited to create the premiere digital insurance aggregation and comparison platform in Greater Southeast Asia. InsureMO’s cutting-edge middleware platform......
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......
Home-Insurance-Rates-in-2024-Will-Increase-Up-to-23%-in-Some-States
Finance Fintech

Home Insurance Rates in 2024 Will Increase Up to 23% in Some States

Fintech News Desk
by Fintech News Desk0
Home insurance rates have risen 20% in the last two years, and Insurify projects an additional 6% increase in average premiums by year-end, leading to an average national rate of $2,522 annually. American homeowners will face continued increases in home insurance costs amid a backdrop of escalating climate-related events and......
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......
New iPipeline Technology Enables the Financial Industry to Seamlessly Track the Status of Clients’ Annuity Applications--in Real-Time
Finance Fintech News

New iPipeline Technology Enables the Financial Industry to Seamlessly Track the Status of Clients’ Annuity Applications–in Real-Time

Business Wire
by Business Wire0
Conference call and webcast on Tuesday, March 19 at 8:15 a.m. eastern time to discuss business update and 2023 financial results. iPipeline, a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industry, announces the launch of OneViewTM, a breakthrough solution* that seamlessly......
Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding
InsurTech News

Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding

PR Newswire
by PR Newswire0
The collaboration between these two companies has resulted in developing a software application designed specifically for primary insurers, which was recently featured at the prestigious 34th General Conference of the General Arab Insurance Federation GAIF 2024. Global reinsurance leader Gen Re and multinational technology firm CME have been working together to bring forth a......
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......
Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding
InsurTech News

Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding

PR Newswire
by PR Newswire0
The investment has already enabled the acquisition of Ismac.io, which developed an innovative Managed Detection and Response (MDR) platform. Bluecyber.insure, a pioneering insurtech in cyber insurance in Brazil, has received a $1.5 million investment from VCs Invisto.com.vc and Bossa Invest, as well as strategic investors from the insurance market. “This investment reflects the......
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