Tag : reinsurance

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The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion
InsurTech News

Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion

Fintech News Desk
by Fintech News Desk0
Battery Ventures leads, Andreessen Horowitz (a16z) co-invests, and Highland Europe increases position Hyperexponential, a global leader in pricing decision intelligence (PDI) software, announced completion of its $73m Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series......
Howden Tiger Partners with VIP Software to Deliver Loss Cost - Benchmarking Data and SaaS enabled Compliance Applications
InsurTech News

Howden Tiger Partners with VIP Software to Deliver Loss Cost – Benchmarking Data and SaaS enabled Compliance Applications

PR Newswire
by PR Newswire0
Howden Tiger, the reinsurance broking arm of Howden, the global insurance group, announces its new partnership with VIP Software, the leading vendor management platform for insurers. VIP Software has reshaped vendor management in the insurance industry, and this strategic alliance is designed to expand the current success path by leveraging......
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......
inari raises $5.2 Million Seed Round to Transform Insurance Infrastructure Market
InsurTech News

Inari Raises $5.2 Million Seed Round to Transform Insurance Infrastructure Market

Business Wire
by Business Wire0
Inari, a core technology infrastructure provider for the global insurance and reinsurance industry, has raised $5.2 million in funding as part of their Seed round led by Caixa Capital Risc, through Criteria Venture Tech. Latest Fintech Interview : Global Fintech Interview with Max Lillard, Senior Finance Analyst at Capterra (Gartner)......
Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction
InsurTech Investment Services News

Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction

GlobeNewswire
by GlobeNewswire0
Brookfield Reinsurance and American Equity Investment Life Holding Company announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it does not already own in a cash and stock transaction that values AEL at approximately $4.3......
Guy Carpenter Enters Exclusive Agreement with TNEDICCA to Enhance US Auto Risk Analysis
News Risk Management

Guy Carpenter Enters Exclusive Agreement with TNEDICCA to Enhance US Auto Risk Analysis

Fintech News Desk
by Fintech News Desk0
Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan, announced that it has entered an agreement with TNEDICCA, a leader in location-based traffic-crash intelligence and predictive analytics. This exclusive agreement enables Guy Carpenter to deliver enhanced auto analytics to its insurance carrier clients. Latest......
Insure-Tech Solution Protect4Less Launches in the Region
Business Fintech InsurTech News

Insure-Tech Solution Protect4Less Launches in the Region

Fintech News Desk
by Fintech News Desk0
Little Money, Lots of Protection!  – That is the promise that Protect4Less, an innovative new insure-tech brand promises owners of Smartphones and other electronic devices including laptops, PCs, tablets, accessories and home appliances. Read More:SUKU Releases Social Impact DeFi Protocol with the Goal of Supporting Those Underserved by Traditional Financial......
Thai Re launches ASEAN’s first reinsurance smart contract platform using IBM’s blockchain and hybrid cloud technology
Business Fintech InsurTech News

Thai Re Launches ASEAN’s First Reinsurance Smart Contract Platform Using IBM’s Blockchain and Hybrid Cloud Technology

Fintech News Desk
by Fintech News Desk0
New contract platform makes processing reinsurance contracts more efficient for Thai insurers IBM today announced that Thai Reinsurance Public Company Limited (Thai Re), Thailand’s leading technology-driven professional non-life reinsurer, has successfully launched “Insurer Network,” a reinsurance smart contract production network using IBM blockchain technology on IBM Cloud. Available through ThaiRe......
Tokio Marine Kiln Selects Pega Platform to Improve Operational Efficiency
Business Fintech News

Tokio Marine Kiln Selects Pega Platform to Improve Operational Efficiency

Fintech News Desk
by Fintech News Desk0
Pega cloud-based solutions to enable single, consolidated platform for underwriting processes Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world’s leading enterprises, today announced Tokio Marine Kiln (TMK), a forward-thinking international underwriting business, has selected Pega Platform™ using Pega Cloud™ to help cut costs, consolidate siloed processes, and achieve significant operational improvements.......
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