Search Results for: insurtech

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......
NNB Petroleum Distribution Excess Program with New $10 Million Limits
InsurTech News

NNB Petroleum Distribution Excess Program with New $10 Million Limits

Business Wire
Carlsbad, California-based Integrated Specialty Coverages (“ISC”), a leading, multi-line program administrator that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and data analytics, has announced that Northeast National Brokerage (NNB), an ISC company, has increased limits for its Petroleum Distribution Excess program. Latest Fintech Interview Global Fintech Interview......
Neil Pearson Joins Betterview as Chief Strategy Officer
InsurTech News

Neil Pearson Joins Betterview as Chief Strategy Officer

GlobeNewswire
Betterview, the company leading insurers rely on to identify and manage property risk, announced the hiring of Neil Pearson as their chief strategy officer. Pearson brings extensive insurance and technology experience to Betterview, positioning the company to expand amidst ongoing transformation in the industry. Pearson has worked in product and......
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......
BridgeFT Forms Partnership with Intrinio to Join its WealthTech API Marketplace
Investment Services News

BridgeFT Forms Partnership with Intrinio to Join its WealthTech API Marketplace

PR Newswire
The partnership offers growing access to a wide range of market data that is pre-integrated with BridgeFT’s WealthTech API infrastructure BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced a major strategic......
Comvest Credit Partners Upsizes its Investment in Beyond Finance to Support Growth
Finance News

Comvest Credit Partners Upsizes its Investment in Beyond Finance to Support Growth

Business Wire
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on an upsized $635 million senior credit facility (the “Financing”) for Beyond Finance (the “Company”), a U.S.-based provider of success fee-based debt resolution services. The......
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