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Prudential Corporation Asia uses Wearables in Beyond Insurance Honda Motor partnered with Nationwide Progressive uses Telematics in Sales Rippling partnered with AP Intego By Miles partnered with Honcho Guardian Direct partnered with Fabric Technologies MS Amlin uses Digital / Other in Admin Swiss Re uses AI / Machine Learning in Claims RLI Insurance Company uses Messaging Apps in Claims Uber partnered with INSHUR AgentSync raised $4.4M Buckle raised $31M Trusty.care raised $1.5M WeGroup raised $3.53M JetClosing raised $9M

Friday Feeling: Next-gen rating models

By Shefi Ben-Hutta

In short, streamlining quoting applications and eliminating eligibility questions is what you do today to free up your mind to identify the data needed to price risk tomorrow as cars, homes, and workplaces are becoming smarter and safer and as external players with access to better data may someday simply be 'insurance entrants.'

Business

EverQuote to acquire Crosspointe Insurance Advisors

By Avi Ben-Hutta ·

Crosspointe will accelerate the extension of its online platform to a direct-to-consumer agency model within the health vertical.

Business

The Hartford partners with Carpe Data

By Coverager ·

Carpe Data’s process will now be applied across small commercial to add even more power for small business underwriting by simplifying the application process for agents and eliminating underwriting questions.

Investments

Rippling raises $145 million

By Avi Ben-Hutta ·

San Francisco-based Rippling offers a platform that works across the entire company, allowing businesses to onboard employees and instantly take care of their payroll, benefits, work computer, software and security, app access, and more.

Business

American Family introduces CONNECT

By Coverager ·

CONNECT, powered by American Family Insurance, is officially the new brand name of the property-casualty insurance company formerly known as Ameriprise Auto & Home Insurance.

Business

Hagerty and Collectors’ Car Garage join forces to create a national network of car hubs

By Avi Ben-Hutta ·

The companies are creating a planned national network of home bases for local car enthusiasts, offering storage, concierge services and specialized events and experiences.

Business

Atlas Financial Holdings announces letter of intent for sale of American Country and American Service Insurance Companies

By Coverager ·

Atlas Financial Holdings announced the execution of a non-binding letter of intent.

Investments

Wejo raises £10 million

By Avi Ben-Hutta ·

Wejo has 15 million cars on its platform and it licenses the data to mobility businesses, insurance companies, city planners and governments.

Investments

Buckle raises $31 million

By Avi Ben-Hutta ·

In 2019, Buckle launched its core rideshare insurance policy that combines personal and commercial coverages, in collaboration with Munich Re’s Digital Partners.

Member News

Uber upgrades insurance for drivers in the Netherlands by partnering with INSHUR

By Paul Doran ·

Amsterdam, 4th August 2020: – Uber is announcing new flexible insurance policies for drivers from late August 2020 through a partnership with INSHUR. The aim is to meet the demands...

Business

BBVA USA is collaborating with Google to offer digital bank accounts

By Gabriella Ben-Hutta ·

This collaboration underscores BBVA’s strategy to continue organically growing the bank throughout the US, even as it deepens its transformation and capitalizes on the innovations that have changed the way it does business.

Business

BBVA USA launches new mobile banking app

By Gabriella Ben-Hutta ·

The bank launched its new mobile banking app, Mobile 9.0, and expanded transaction detail screen in mobile and online banking, both aimed at leveraging the bank’s technology expertise to provide a better experience and more control for customers.

Business

Morgan Stanley launches P&C insurance for high net worth clients

By Avi Ben-Hutta ·

Through this new arrangement, HUB International, Marsh Private Client Services, and Willis Towers Watson will assist Morgan Stanley clients in assessing their risk exposures and provide solutions to help them protect their assets.

Investments

Farmer’s Business Network raises $250 million

By Avi Ben-Hutta ·

Farmer's Business Network provides a network of data and market services for thousands of member farmers who use its platform.

Business

Google partners with ADT

By Avi Ben-Hutta ·

As part of the partnership, Google’s Nest hardware will be integrated at ADT, which does system installations and monitoring.

Business

LV= introduces Flow

By Avi Ben-Hutta ·

The online-only product initially gives consumers a guaranteed maximum price for three months, and the exact monthly price is shown in the account seven days before payment.

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Member News

Omniscience receives key patent for first use of AR for the computational enterprise

By Pallavi Ramnarain, Omniscience ·

Innoveo Launches the Power of eBro for the SME Broker Market

By Deborah Polydys, Innoveo AG ·

SE2 Announces Executive Leadership Appointments

By SE2, SE2 ·

The Importance of High-Precision Geolocation in Wildfire Risk Estimation

By Raj Mukherjee, Ecopia.AI ·

IAT Insurance Group Selects One Inc for Digital Claims Payments

By Jennifer Overhulse, St. Nick Media Services ·

Join the No- Code Movement: Questions About No-Code Development You Always Wanted to Ask

By Deborah Polydys, Innoveo AG ·

The critical role of insurance technology in the time of COVID-19

By Wayne Slavin, SURE ·

IMS Extends Telematics SDK Partnership with Onlia

By Jennifer Overhulse, St. Nick Media Services ·

SMB Insurance acquired by Kernan Insurance Agency

By Mike Chapman, Niche Market Leads ·

Virtual Underwriting at Lloyd’s - build it and they will come

By Ben Heaney, Dialogue ·

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