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CoverForce Inc partnered with USLI Morrisons partnered with Accredited Insurance Morrisons partnered with AXA Tesco Insurance & Money Services partnered with Allianz Partners Tesco Insurance & Money Services partnered with AmTrust Financial Prudential Financial picks Gradial in Sales Connie Health raised $40M Convr picks Property Guardian in Underwriting Sammons Financial Group raised $750M IAG picks Sonder in Claims Tugboat raised $3M Pints AI raised $5.6M Great-West Lifeco raised $107.44M BMO Insurance picks Walnut Insurance in Sales Farm Bureau Mutual Insurance Company of Idaho picks LenderDock in Admin

Morrisons enters insurance with Hood Group

By Shefi Ben-Hutta

The UK grocer's entry into the category and its first move to monetize the More Card loyalty base through insurance.

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...

Business

Economical wins P&C Insurer of the Year at 2016 Insurance Business Awards

By Avi Ben-Hutta ·

Economical Insurance was honored as P&C Insurer of the Year at the 2016 Insurance Business Awards held in Toronto on November 30. The award recognizes the insurer that provides top-tier...

Business

Seibels and OnBase by Hyland provide a taste of backend innovation

By Avi Ben-Hutta ·

Seibels, the one from South Carolina specializing in BPO (business process outsourcing) solutions, and OnBase by Hyland, the one from Ohio specializing in document management solutions, announce partnership. Think: Seibels will...

Business

Discovery’s in bed with Thrive Global

By Shefi Ben-Hutta ·

Arianna Huffington finally launched Thrive Global; her latest venture aiming to ensure we get a good night’s sleep so it is no surprise Discovery has jumped into bed; eyes wide...

Business

Otherwise is open for business

By Shefi Ben-Hutta ·

French startup Otherwise is open for business, targeting customers shopping for health insurance online . The startup, which was launched this year, offers an online portal, where shoppers can quote and...

Business

Hannover Re picks Sureify as its insurtech partner

By Avi Ben-Hutta ·

Hannover Re’s newish Partnership Solutions team is keeping busy. The Florida-based reinsurer announced a global strategic partnership and investment in Sureify , a PaaS startup offering a cross-selling platform that enables life insurers to acquire,...

Business

Hannover Re US forms strategic partnership with Sureify Labs, Inc.

By Avi Ben-Hutta ·

Hannover Life Reassurance Company of America “Hannover Re US” announces a global strategic partnership and investment with Sureify Labs, Inc. “Sureify”, an emerging insurtech organization that strives to bridge the...

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