Tag : insurance

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
by Business Wire0
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
by Business Wire0
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......
Neil Pearson Joins Betterview as Chief Strategy Officer
InsurTech News

Neil Pearson Joins Betterview as Chief Strategy Officer

GlobeNewswire
by GlobeNewswire0
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......
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
by Business Wire0
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......
Trisura Group Completes C$53 Million Bought Deal Public Offering
InsurTech News

Trisura Group Completes C$53 Million Bought Deal Public Offering

GlobeNewswire
by GlobeNewswire0
Trisura Group Ltd., a leading specialty insurance provider, has announced that it has completed its previously announced public offering of 1,620,000 common shares, including 100,000 common shares issued pursuant to the partial exercise of the underwriters’ over-allotment option, at a price of $32.90 per common share, for gross proceeds of......
Mulberri Launches Cyber Insurance MGA for Small and Medium-Sized Businesses
InsurTech News

Mulberri Launches Cyber Insurance MGA for Small and Medium-Sized Businesses

Business Wire
by Business Wire0
Mulberri, an AI-driven insurance platform founded in 2021, announced the launch of its Cyber Insurance MGA. Mulberri’s approach is designed to help embedded insurance partners and their small and medium-size business clients safeguard against crippling financial consequences caused by cyberattacks while boosting revenue. The Mulberri Cyber Insurance MGA represents a......
Cloverleaf Analytics, Exavalu, and Socotra Announce the Launch of the Ethical AI in Insurance Consortium
InsurTech News

Cloverleaf Analytics, Exavalu, and Socotra Announce the Launch of the Ethical AI in Insurance Consortium

PR Newswire
by PR Newswire0
Cloverleaf Analytics (Cloverleaf), the leader in insurance intelligence solutions, Exavalu, a leading global digital advisory and consulting company, and Socotra, provider of the industry’s leading policy core and end-to-end insurance technology solutions, are excited to announce the launch of the Ethical AI in Insurance Consortium. The Consortium aims to foster responsible......
Majesco’s Strategic Acquisition of ClaimVantage Proves Highly Rewarding: Continues to Expand Thriving Customer Base
InsurTech News

Majesco’s Strategic Acquisition of ClaimVantage Proves Highly Rewarding: Continues to Expand Thriving Customer Base

Business Wire
by Business Wire0
Majesco, a global leader of cloud insurance platform software for insurance business transformation announced the impact and success of its January 2021 acquisition of ClaimVantage, a global provider of enterprise claims platforms as well as absence and accommodation management for the L&AH market segment. Read More About Fintech Interview: Global Fintech Interview......
Incenter Insurance Solutions Launches Incenter Connect™, Giving Companies The Ability To ‘Plug and Play’ Coverage Plans Into Every Deal
InsurTech Mortgage News

Incenter Insurance Solutions Launches Incenter Connect, Giving Companies The Ability To ‘Plug and Play’ Coverage Plans Into Every Deal

Business Wire
by Business Wire0
At the click of a button, mortgage providers, banks and car dealers can access an embedded insurance platform designed to quickly deliver protection plans for greater deal flow. Incenter Insurance Solutions, a member of the Incenter Lender Services family of companies, announced the launch of an innovative digital/mobile embedded insurance solution......
Best’s Special Report AM Best Updates Net Capital Charge Tables Associated With Fannie-Freddie Mortgage Risk Transfers
InsurTech Mortgage News

AM Best Updates Net Capital Charge Tables Associated With Fannie-Freddie Mortgage Risk Transfers

Business Wire
by Business Wire0
AM Best has released newly updated tables of net capital charges associated with a representative sample of mortgage-related transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs—Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the......
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