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Scottish Widows picks Moneyhub in Customer Service Exectras partnered with Liberty Mutual Fairfax Financial Holdings raised $400M Societe Generale Assurances raised $10.83M Igloo raised $36M Zurich UK picks WhatsApp in Claims Bondaval partnered with Great American Insurance Group Assurant partnered with Zippy Boxx Insurance partnered with Nova Southeastern University Miller Insurance Services picks OpenAI in Admin AXA UK picks Synectics Solutions in Sales Group 1001 picks Coalesce Automation in Admin USAA partnered with Trust & Will F&G raised $345M Lassie raised $25.2M

Hamilton reports 2023 third quarter results

By Avi Ben-Hutta

Gross premiums written in Q3 increased by $73.3 million.

Strategy

China’s insurance industry is “incorrect” in prioritizing asset management over risk management

By Avi Ben-Hutta ·

“Risk management capabilities are insurance firms’ core competency, not asset management” – China Insurance Regulatory Commission (CIRC) vice chairman Chen Wenhui on the significant risk management deficiencies at Chinese insurance firms. Bottom...

Business

Health Insurance company Medibank is Bullish on VR

By Shefi Ben-Hutta ·

Health insurance company Medibank has created a VR experience called ‘JOY’ to help patients combat loneliness through Google’s new Daydream VR platform. The experience transports patients to a virtual world, where...

Business

Introducing the NRMA FireBlanket Project

By Shefi Ben-Hutta ·

Australia-based NRMA insurance has collaborated with M&C Saatchi’s in-house innovation lab Tricky Jigsaw to introduce a prototype for a bushfire detection service called the NRMA FireBlanket Project. Think: a bushfire detection and monitoring network of sensor nodes...

Business

Apple has not given up on its car ambitions but…

By Avi Ben-Hutta ·

A letter Apple sent to the US National Highway Traffic Safety Administration (NHTSA) on Nov. 22 suggests that Apple views itself as a new entrant in the automotive space . While Apple...

Business

Lemonade closes $34 million round and is poised for growth as company files in California

By Avi Ben-Hutta ·

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, today announced a $34 million B round. The funding was led by General Catalyst with participation from GV (formerly...

Business

Zenefits’ Sacks says “It’s time to find the next leader”

By Shefi Ben-Hutta ·

According to the NYT, David Sacks is planning to leave his position as CEO, less than a year after taking over the troubled health-benefits broker, to become Zenefits’s chairman so that he...

Business

Xceedance launches insurance operations center in Krakow, Poland

By Avi Ben-Hutta ·

Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, today announced the launch of an operations center in Krakow, Poland . The center will provide services and...

Business

Liberty Mutual to buy Ironshore for $3 billion

By Avi Ben-Hutta ·

Liberty Mutual announced it will buy Ironshore from Chinese conglomerate Fosun International for ~$3 billion. Ironshore management and brand to remain intact.

Business

Liberty Mutual Insurance announces acquisition of Ironshore Inc. from Fosun International Limited

By Avi Ben-Hutta ·

Liberty Mutual Insurance announced today it has signed a definitive agreement to acquire Ironshore Inc., a premier global specialty lines company, from Fosun International Limited. The transaction is expected to...

Business

Seibels selects OnBase by Hyland for better information management

By Avi Ben-Hutta ·

The Seibels Bruce Group Inc. (Seibels), an insurance services provider of business process outsourcing (BPO) solutions, has selected OnBase by Hylandto replace its former document management application. After a...

Business

Phoenix introduces pay-as-you-drive insurance in Israel

By Shefi Ben-Hutta ·

Phoenix recently introduced ‘Phoenix Young’ pay-as-you-go auto insurance targeting young drivers in Israel . In partnership with telematics player Traffilog, the Israeli insurer is offering a hybrid dongle-slash-app package that allows drivers ages 17-23 to pay 1,500...

Business

Stockholm Fintech Hub to launch in 2017

By Shefi Ben-Hutta ·

Think: Stockholm Fintech Hub (SFH) is an independent, not-for-profit fintech hub looking to advance fintech, insurtech and regtech startups. Bottom Line: brought to you by Matthew Argent of BLC Advisors, KPMG, NFT Ventures,...

Business

Hang on Snoopy

By Avi Ben-Hutta ·

Have a look at MetLife’s first ad in the era sans Snoopy . Click here. In one word: disappointing. BTW, did you know that last year, MetLife has spent $55 million...

Strategy

CNA has some catching up to do

By Shefi Ben-Hutta ·

Speaking of innovative titles…Aviva has appointed its first global inclusion director. The lucky and responsible is Jan Gooding, who has joined the insurer back in 2008, and says that this role “makes...

Strategy

How Economical Insurance is solving for its agency conflict

By Shefi Ben-Hutta ·

Economical Insurance was honored as the P&C Insurer of the Year at the 2016 Insurance Business Awards held in Toronto on November 30, which means that someone thinks this P&C...

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Member News

Five Sigma Propels Claims Management into the Future with AI Assist Collaboration with Google Cloud and Availability on Google Cloud Marketplace

By Oded Barak, Five Sigma ·

4 Other Tech Tools AgentSync Customers Love and Why

By AgentSync, AgentSync ·

Why Risks Managers Need to Get Out Into the Field with Holly LeClair of ReArch Company

By John Fohr, TrustLayer ·

Nationwide: Cheapest Home Insurance for a $200K Home

By Melanie Musson, Clearsurance ·

Cybersecurity: An Ounce of Prevention is Worth a Pound of Cure

By AgentSync, AgentSync ·

Canopy Connect Hits 10,000+ Users Milestone for Its Insurance Verification Technology

By Insurance Verification, Canopy Connect, Inc. ·

Canopy Connect Joins HawkSoft Solution Partner Program

By HawkSoft, HawkSoft ·

TurboTenant increases renters insurance adoption by 30% in one week using Sure’s API

By Sure, Inc. ·

Fize Technology Joins HawkSoft's API Partner program

By HawkSoft, HawkSoft ·

Cybersecurity and Insurance: SOC2 Type II Audit

By AgentSync, AgentSync ·

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