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Security Benefit picks Zinnia in Admin Brotherhood Works partnered with Forte Hippo partnered with Accelerant Figo Pet Insurance partnered with Tractive Petsecure partnered with Pet Valu Western Financial Group partnered with Canadian Veterinary Medical Association Eye Security raised $68.55M Lincoln Financial Group raised $500M Allianz Commercial picks Hyperexponential in Pricing Canal Insurance picks Kyber in Claims Way Specialty picks Origami Risk in Admin Obie picks Magiq in Claims Alan raised $544.58M Taktile raised $110M Eden Care Medical raised $285.21K

Empower to buy Milliman's retirement admin business for $340 million

By Shefi Ben-Hutta

The two companies plan to work together by referring certain actuarial and defined benefit administration work to each other.

Member News

A commercial insurance executive’s perspective on the COVID-19 journey

By Omri Yacubovich ·

A COVID-19 diary by Matt Zender, SVP Workers’ Comp Strategy, AmTrust By David Schapiro Interviewer notes: I have known about Matt and his work at AmTrust for a long time, but...

Strategy

Santander partners with Aviva to deliver home insurance quotes to customers in half the time

By Gabriella Ben-Hutta ·

By more than halving the number of questions that customers would typically have to answer to get a home insurance quote, the average customer can get an online quote in under three minutes.

Strategy

Squaremouth launches battleface as its newest travel insurance provider

By Gabriella Ben-Hutta ·

The addition of battleface adds two new policies that focus on medical coverage and adventure travel to Squaremouth's growing product list.

Product

Mutual of Omaha introduces new disability income insurance solution

By Gabriella Ben-Hutta ·

Mutual Income Solutions covers a wider range of occupations (including medical professions), offers numerous optional add-on coverages, stackable discounts up to 30%, and an increased maximum monthly benefit of $20,000.

Strategy

PartnerRe partners with Ladder

By Gabriella Ben-Hutta ·

“We’re proud to be extending our reinsurance relationships through a new partnership with PartnerRe. True innovation in life insurance must happen on all fronts — great risk, great pricing, great customer experience. We’re thrilled about the things we can achieve in working together.” -CEO of Ladder, Jaime Hale.

Innovation

Virtudent and Guardian Life announce teledentistry partnership

By Avi Ben-Hutta ·

Virtudent provides preventive dental care and care coordination through teledentistry services, on-site services and virtual support.

Strategy

Slice Labs and AXIS to bring home based business insurance to small businesses

By Gabriella Ben-Hutta ·

The alliance with Slice allows AXIS to build its own unique offering on the Slice Insurance Cloud Services platform, and leverage digital distribution from Slice to offer an intelligent and on-demand digital insurance product.

Product

Luko launches home teleconsultation service

By Gabriella Ben-Hutta ·

Doctor House carries out a diagnosis and a complete inventory of the home by teleconsultation, professional advice and supporting tutorials.

Investments

Genworth MI Canada to be acquired by Brookfield

By Gabriella Ben-Hutta ·

The transaction is expected to close in the first half of 2021.

Investments

Lunar raises €40 million

By Avi Ben-Hutta ·

The new capital follows a €20 million Series B disclosed in April this year.

Business

Snoop partners with GoCompare

By Avi Ben-Hutta ·

As part of the partnership, Snoop customers will be able to switch their car and home insurance providers using GoCompare’s comparison service.

Product

ISC launches new Investor Property Insurance Program

By Gabriella Ben-Hutta ·

The program will address large complex residential property schedules, providing coverage at competitive terms.

Investments

Visa to acquire YellowPepper

By Gabriella Ben-Hutta ·

The acquisition of YellowPepper will accelerate the adoption of Visa’s “network of networks” strategy by significantly reducing the time-to-market and cost for issuers and processors associated with accessing innovative and interoperable solutions, regardless of who owns or operates the payment rails.

Business

NFP partners with Connor HR to expand HR support offerings to clients

By Coverager ·

NFP announced a partnership with Connor Consultancy (Connor HR), an organization focused on providing HR solutions to employers of all sizes.

Business

AIG to pursue separation of Life & Retirement business

By Gabriella Ben-Hutta ·

Although no decisions have been made as to how to achieve a full separation, the Board’s intent is to accomplish it in a way that maximizes shareholder value and establishes two independent, market leading companies.

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Member News

Vertafore’s latest AI innovations help agencies accelerate carrier statement reconciliation and turn Outlook activity into structured workflows

By Vertafore ·

Claims AI ROI Should Be a Scale Test, Not a Spreadsheet

By Yo Sub Kwon, Voltaire ·

Fuse Launches Tape: a Free, Live Market-Intelligence Surface for the Public P&C Insurance Complex

By Sean Bourgeois, Fuse ·

Dearborn Labs Launches “Context Window” Podcast Exploring the Real Stories Behind AI Adoption in Insurance

By Alec Martins, Clearcover ·

Canal Insurance Selects Kyber to Enable Claims Modernization and Equip Its Teams for the Road Ahead

By Kyber, Kyber ·

Canopy Connect Reaches 10 Million Shared Insurance Policies as Demand for Verified Insurance Data Grows

By Insurance Verification, Canopy Connect, Inc. ·

Checklist: 6 Ways to Automate for Smarter Insurance Operations this Summer

By Evy Strom, ePayPolicy ·

A major global broker in Australia moves commercial broker placement to API-first negotiation infrastructure

By InsureMO, InsureMO ·

5 Strategic Tradeoffs MGAs are Navigating

By Vertafore ·

Fuse Launches Hospitality Vertical, Bringing Real-Time, Synthesized Market Intelligence to One of Commercial Insurance’s Most Dynamic Classes

By Sean Bourgeois, Fuse ·

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