Search Results for: policyholders

Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding
Fintech Investments News

Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding

Business Wire
Funding propels Upfort’s efforts to empower businesses in building cyber resilience Upfort, a cutting-edge cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures, with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round. This investment advances Upfort’s goal......
Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040
Finance Fintech

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040

Business Wire
60% of individuals aged 65 or older have not sought professional financial advice to prepare for retirement or to transfer their wealth Three-in-four consumers are interested in innovative life insurance offerings to help them age well, but insurers lack the product development capabilities The Capgemini Research Institute’s World Life Insurance......
SkyWatch and Droneinsurance.com Join Forces To Set The Benchmark In Digital Drone Insurance
InsurTech News

SkyWatch and Droneinsurance.com Join Forces To Set The Benchmark In Digital Drone Insurance

PR Newswire
SkyWatch, a leader in digital insurance for the aviation industry, is proud to announce the strategic acquisition of Droneinsurance.com’s assets. This collaboration brings together two innovative platforms, to offer clients a seamless experience with more options. It marks a significant milestone in the drone insurance sector and underlines SkyWatch’s commitment to......
Transform Insurance Operations with Guidewire and One Inc’s New ClaimsPay app for InsuranceNow
Digital Payments News

Transform Insurance Partners with Guidewire and One Inc’s New ClaimsPay app for InsuranceNow

Business Wire
Guidewire and One Inc, Guidewire’s strategic payments partner, announced that One Inc’s new ClaimsPay integration is now available to InsuranceNow customers in the Guidewire Marketplace. “At One Inc, we focus only on insurance. We are proud to be Guidewire’s strategic payments partner” Purpose-built for the insurance industry, One Inc’s digital payment solutions enhance......
Pramerica Life Insurance Launches a New Age ULIP Solution Tailored for New Generation’s Financial Ambitions
InsurTech Investment Services News

Pramerica Life Insurance Launches a New Age ULIP Solution Tailored for New Generation’s Financial Ambitions

Fintech News Desk
Pramerica Life Insurance, one of the leading provider of life insurance solutions, has announced the introduction of its latest offering, ‘Pramerica Life Super Investment Plan (UIN: 140L088V01)’. The newly launched plan is one of the most flexible Unit Linked Insurance Plans (ULIPs) in India, meticulously designed to align with the......
CLARA Analytics Raises $24M in Series C Funding, Accelerating AI Adoption for Insurance Claims
InsurTech News

CLARA Analytics Raises $24 Million in Series C Funding, Accelerating AI Adoption for Insurance Claims

Business Wire
CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announced its $24 million Series C funding, bringing its total funding to $60 million. This round was led by new investor Spring Lake Equity Partners, with participation from existing investors including Aspen Capital Group, Oak HC/FT and QBE Ventures. Latest......
Southern Trust Insurance Chooses Duck Creek OnDemand for its Cohesive and Comprehensive Full-Suite Capabilities
InsurTech News

Southern Trust Insurance Chooses Duck Creek OnDemand for its Cohesive and Comprehensive Full-Suite Capabilities

Fintech News Desk
Cloud-based SaaS implementation will modernize the insurer’s operations and bring greater ease and efficiency to policyholder support Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces Southern Trust Insurance (“Southern Trust”) as the latest insurance carrier to embrace Duck Creek OnDemand as......
Verisk Modernizes System to Combat Insurance Fraud in Israel
InsurTech News

Verisk Modernizes System to Combat Insurance Fraud in Israel

GlobeNewswire
Digitization of insurance has led to rising consumer expectations for a simpler and faster claims experience Verisk announced the launch of its new ClaimSearch system in Israel. Developed in collaboration with the Israel Insurance Association and with the backing of the government, this state-of-the-art, cloud-based system aims to revolutionize the......
AmTrust Financial Services Selects One Inc’s PremiumPay for a Robust Digital Infrastructure
Digital Payments News

AmTrust Financial Services Selects One Inc’s PremiumPay for a Robust Digital Infrastructure

Business Wire
Insurer Eyes Superior Policyholder Experience Through Digital Payments One Inc, the leading digital payments network for the insurance industry, announced that AmTrust Financial Services, Inc., a global specialty property and casualty insurer and the nation’s third-largest provider of workers’ compensation insurance, has selected One Inc’s inbound payments platform and best-in-class......
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......
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