Search Results for: insurance services

AM Best Affirms Credit Ratings of United States Liability Insurance Company and Its Subsidiaries
InsurTech News

AM Best Affirms Credit Ratings of United States Liability Insurance Company and Its Subsidiaries

Business Wire
AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of United States Liability Insurance Company (USLI) and its subsidiaries: Mount Vernon Fire Insurance Company, U.S. Underwriters Insurance Company (Bismarck, ND), Mount Vernon Specialty Insurance Company and Radnor Specialty Insurance Company.......
Frank Winston Crum Insurance Selects Majesco Policy and Billing for P&C, and Distribution Management on Majesco Cloud Platform
InsurTech News

Frank Winston Crum Insurance Selects Majesco Policy and Billing for P&C, and Distribution Management on Majesco Cloud Platform

Business Wire
Majesco, a global leader of cloud insurance platform software for insurance business transformation, announced Frank Winston Crum Insurance (FWCI), a commercial insurance carrier, selected Majesco Policy and Billing for P&C, and Distribution Management on Majesco’s cloud platform. This investment will help FWCI support their growth plans for their current product......
Fortitude Re Engages IBM to Transform and Optimize Its Life Insurance and Annuity Third Party Administration Operations
InsurTech News

Fortitude Re Engages IBM to Transform and Optimize Its Life Insurance and Annuity Third Party Administration Operations

Business Wire
Fortitude Re and IBM establish long-term strategic relationship to collaborate on growth opportunities to further enhance Fortitude Re’s position as a leading global provider of legacy reinsurance solutions. The companies enter into $450 million, 10-year collaboration for administration of over 4 million insurance policies. IBM launches its fully licensed Life......
Velocity Risk Underwriters Implemented Guidewire InsuranceNow to Launch New Products for Business Growth
InsurTech News

Velocity Risk Underwriters Implemented Guidewire InsuranceNow to Launch New Products for Business Growth

Business Wire
Managing general agency leveraging core operations in the cloud Guidewire announced that Velocity Risk Underwriters (Velocity Risk), a catastrophe-focused property insurance hybrid managing general agency (MGA) and AM Best A- (Excellent) rated excess and surplus (E&S) insurer licensed in all 50 states, implemented Guidewire InsuranceNow to quickly launch new products to meet changing......
NOW Insurance Receives Funding from Arch Capital Group Ltd. to Accelerate Growth
InsurTech News

NOW Insurance Receives Funding from Arch Capital Group Ltd. to Accelerate Growth

Business Wire
NOW Insurance, a full-stack, AI-enabled commercial insurance platform specializing in medical professional liability coverage, announced an investment from a subsidiary of Arch Capital Group Ltd. and a managing general agent partnership with Arch Insurance North America. Latest Fintech Interview Global Fintech Interview with Will Tumulty, CEO at Rapid Finance “NOW......
Small Business Insurance Customer Satisfaction Defies Steadily Rising Rates to Reach All-Time High in J.D. Power Study
InsurTech News

Small Business Insurance Customer Satisfaction Defies Steadily Rising Rates to Reach All-Time High in J.D. Power Study

Business Wire
Despite steadily rising interest rates and strained business conditions, U.S. small businesses are increasingly satisfied with the products and services they are receiving from their commercial insurance providers. According to the J.D. Power 2023 U.S. Small Commercial Insurance Study, released , overall customer satisfaction has reached an all-time high of......
Farmers Insurance Federal Credit Union Goes Live with Constellation To Power Its Next-Generation Digital Banking Experience
Banking News

Farmers Insurance Federal Credit Union Goes Live with Constellation To Power Its Next-Gen Digital Banking Experience

Business Wire
Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced that $1.5 billion asset-sized Farmers Insurance Federal Credit Union (FIGFCU) has gone live with the Constellation Digital Banking platform, branding its new digital banking experience as Tulee. Powered by Constellation, Tulee launched earlier this summer, allowing the credit union to offer its over......
Radian Mortgage Insurance Now Available Through Vesta
Mortgage News

Radian Mortgage Insurance Now Available Through Vesta

Business Wire
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., announced that Radian MI is now available through Vesta‘s Loan Origination System (LOS). “Radian is dedicated to providing highly effective and efficient MI solutions to borrowers throughout the country, and we are pleased to expand the reach of......
SDX Sets Industry Standard With the Adoption of the Digital Token Identifier Standard for All Its Services
Cryptocurrency News

SDX Sets Industry Standard With the Adoption of the Digital Token Identifier Standard for All Its Services

PR Newswire
SDX becomes the first private distributed ledger technology (DLT) based financial market infrastructure to adopt The Digital Token Identifier Foundation (DTIF) managed ISO 24165 DTI standard. The financial industry is increasingly adopting the DTI ISO standard, a unique identifier for digital ledgers, tokens, and cryptocurrencies. Regulators can utilize DTIs to watch digital asset trades,......
Marsh to Acquire Honan Insurance Group
InsurTech News

Marsh to Acquire Honan Insurance Group

PR Newswire
Transaction to create leading corporate risk and strata insurance offering in Australia and New Zealand Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, announced that it has reached agreement to acquire 100% of the outstanding share capital of Honan Insurance Group Pty Ltd......
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