Insurance - FinTecBuzz

Markel appoints Phil Jones as Chief Information Officer, International

March 12, 20264 min

Markel Insurance, the insurance operation within Markel Group Inc., today announced the appointment of Phil Jones as Chief Information Officer (CIO), International, effective immediately. In his new role, Jones will define and deliver the technology vision for Markel International, ensuring the organisation’s systems, data and digital capabilities continue to evolve in line with its strategic focus on operational excellence. Working in close partnership with international leadership, Global Security Services and IT teams across Markel Group,...

by PRNewswire

Insurance

illumend Announced the Launch of Insurance Broker Referral Partner Program

March 11, 20266 min

The new illumend program provides brokers with AI tools to protect clients, streamline insurance renewals, and reinforce their role as strategic risk advisors

by PRNewswire

Insurance

Pathwork and NGL Insurance Company Announced The Launch of “PreQual Manager”

March 9, 20263 min

Pathwork and NGL Insurance Company (NGL), in partnership with LifeCare Assurance Company, announced the launch of PreQual Manager, an AI-powered inbox that enables underwriting teams to respond to broker inquiries faster and more consistently. Before submitting a formal application, life and long-term care insurance brokers seek preliminary guidance on case suitability from carrier underwriting teams. These inquiries arrive as unstructured email threads, creating high inbound volume and increasing the risk of inconsistent evaluations. Now, PreQual...

by BusinessWire

Insurance

Clearcover Launches Dearborn Labs for Insurance AI

March 7, 20263 min

Backed by nearly a decade of proven results, the firm’s AI concierge model designs, builds and deploys customized AI infrastructure into insurers’ existing operations to eliminate fragmented pilots

by BusinessWire

Insurance

OneShield Expands AI Hub to Support Insurance Providers

March 7, 20263 min

OneShield, a leading provider of technology solutions for the property and casualty insurance industry, today announced that a Michigan-based specialty insurance provider has selected the OneShield AI Hub platform to power its next-generation insurance operations. OneShield’s AI Hub is an AI operating system purpose-built for the insurance industry. The AI-native platform gives insurers access to the latest large language models and agentic capabilities without exposing private data, requiring a core system replacement, or bolting AI...

by BusinessWire

Insurance

CIBC Innovation Banking Provides Growth Capital to Gradient AI

March 6, 20263 min

CIBC Innovation Banking announced today that it has provided growth capital financing to Gradient AI (Gradient). This financing will support Gradient’s growth plans and development efforts to better serve clients and address evolving challenges across the insurance industry. Gradient is a leading enterprise software provider of artificial intelligence solutions in the insurance industry. The company’s solutions help improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing...

by PRNewswire

Insurance

New Tessera Platform Targets P&C Insurance Products

March 6, 202611 min

Tessera operationalizes the Product Management discipline, transforming reactive monitoring into sustained, profitable growth

by BusinessWire

Insurance

Nassau Financial Group Continues to Expand Reimagine Insurtech Program

March 4, 20264 min

Nassau Financial Group, a leader in Connecticut’s Insurtech community, two investments in Insurtech startups, Quorus Inc. and Kadance, Inc., made through its expanded Nassau Reimagine program. Quorus Inc. is a technology-driven asset manager enabling asset managers and financial advisors to deliver personalized, tax-efficient portfolios at scale. By combining modern technology with quantitative portfolio management, Quorus automates the construction and rebalancing of custom strategies, empowering advisors to enhance client outcomes and streamline their workflows. The company is...

by PRNewswire

Insurance

Ascend Named the Accounting Automation Partner for CAA

March 4, 20263 min

Ascend, the comprehensive financial operations automation platform for the insurance industry, today announced a strategic partnership with Combined Agents of America (CAA), one of the nation’s largest privately held insurance aggregator groups. This partnership designates Ascend as the Accounting Automation Partner for CAA’s nationwide network of independent agencies. The collaboration is designed to modernize back-office operations for CAA member agencies, replacing fragmented manual workflows with end-to-end automation for both agency and direct bill processes. Eliminating the...

by PRNewswire

Insurance

Excess Share Insurance (ESI) Launches Campio™ Powered by Acrisure®

March 2, 20264 min

Campio™ debuts with a new fidelity bond offering and additional insurance solutions for credit unions

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