Search Results for: policyholders

Athene Executes Block Reinsurance Transaction in Japan
InsurTech News

Athene Executes Block Reinsurance Transaction

GlobeNewswire
by GlobeNewswire0
Athene Holding Ltd. (“Athene”), a leading provider of retirement services products, has executed a block reinsurance transaction with FWD Life Insurance Co. Ltd., a Japanese domiciled insurer. Under the terms of the agreement, Athene will reinsure an in-force block of whole life insurance policies. In conjunction with the transaction, Athene......
ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance
Artificial Intelligence Fintech News

ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance

Business Wire
by Business Wire0
Speakers from Chubb, Allstate, Nationwide, Credit One Bank, Zions Bancorporation, Everyday Life, Hagerty and more will be featured at the ISG TechXchange: BFSI event, December 5 Banking, financial services and insurance (BFSI) institutions plan to leverage AI and other technologies to meet their top 2024 goals of improving customer experience,......
Foresight Announces Strategic Partnership with QBE North America
InsurTech News

Foresight Announces Strategic Partnership with QBE North America

PR Newswire
by PR Newswire0
Foresight Risk and Insurance Services (“Foresight”), the innovative workers’ compensation specialist that strives to reduce claim frequency with proprietary safety technology and services, announced a new strategic partnership with QBE North America (“QBE”), part of QBE Insurance Group Limited, a global insurance leader. The new partnership enables Foresight to write......
Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers
InsurTech News

Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers

GlobeNewswire
by GlobeNewswire0
Insurtech Platform Digitally Streamlines Brokers’ Small Business Insurance Operations from Quote to Claim Layr, a leading insurance tech company, closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capital also participated in the round. The company will use the......
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
by Business Wire0
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
by Business Wire0
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
by PR Newswire0
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
by Business Wire0
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
by Fintech News Desk0
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
by Business Wire0
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......
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