Insurance | FinTecBuzz

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InsuranceArbella Insurance Group and Mobiquity Partner

September 23, 20215 min

Leading digital consultancy teams up with property and casualty insurance company to innovate with industry-leading digital transformation Mobiquity, a digital consultancy that designs and delivers compelling digital products and services for the world’s leading brands, has partnered with Arbella Insurance Group, a property and casualty insurance company selling insurance products in Massachusetts, Connecticut, Rhode Island and New Hampshire, to build its new myArbella mobile app. When customers engage with insurance providers, they want answers and an...

by PRNewswire

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InsuranceInsurTech Leader Cover Whale Partners with Everspan

September 21, 20213 min

Cover Whale Insurance Solutions, Inc., an Insurtech focused on the commercial auto space, announces its partnership with Everspan Indemnity Insurance Company (“Everspan”), an excess and surplus lines insurer which is part of Everspan Group, a participatory fronting insurance group Rated A- (Excellent) by AM Best, to offer a Commercial Trucking Program. Cover Whale offers best-in-class underwriting and data tracking via its proprietary underwriting platform. The platform’s powerful use goes beyond the underwriting stage and into the...

by PRNewswire

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InsuranceWNC Insurance Services Rebrands to Tokio Marine Highland

September 14, 20214 min

WNC Insurance Services, a leading property and casualty underwriting agency, announced today that it has rebranded to Tokio Marine Highland. The evolution reflects the company’s strategic growth in the marketplace and significant investment in talent, infrastructure and technology that has fueled its digital transformation since being wholly acquired in 2018 by Tokio Marine Kiln, one of the largest carriers in the Lloyd’s of London insurance market and rated A+ by Standard & Poor’s. The move will enable Tokio Marine Highland...

by BusinessWire

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InsuranceVouch Announces $90 Million of Funding

September 13, 20215 min

Vouch Becomes a Reinsurer and Launches Licensed Carrier to Expand Insurance Coverages for Early to Mid Stage Startups

by PRNewswire

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InsuranceInsurtech Leader iCover Raises Undisclosed Seed Funding

September 13, 20212 min

iCover, a Missouri-based Insurtech that provides an algorithmic underwriting Platform as a Service (paas) for life insurance companies, raised an undisclosed amount in seed funding. The company intends to use the funds raised to expand insurance distribution through a direct-to-consumer offering, increase technical staff and expand sales and marketing efforts. iCover also announced a multi-year partnership with KSKJ Life, headquartered in Joliet, IL, that allows iCover to onboard KSKJ Life’s full suite of products which includes Final...

by PRNewswire

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InsuranceOne Inc Partners with Mastercard for Real-Time Insurance Payments

September 10, 20214 min

To ensure that individuals, families, and businesses have near-instant access to insurance funds in the face of emergency, One Inc, a leading digital payments network for the insurance industry, today announced plans to disburse claims through Mastercard virtual cards and Mastercard Send ®. Powered by One Inc’s flagship product, ClaimsPay ®, the partnership builds on a shared vision to deliver near-instant, secure payments that deliver needed cashflow for claimants and vendors and reduce cycle time and expenses for insurers....

by BusinessWire

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InsurancePZU Group Adopts Akur8 to Boost Its Insurance Pricing Process

September 7, 20215 min

Baltic entities of Insurance Group PZU, one of the largest financial institutions in Central and Eastern Europe, and Akur8 are delighted to announce their collaboration, to enhance PZU’s pricing process across two of its Baltic entities. This deal reinforces Akur8’s international reach as the next generation pricing platform, as well as its footprint in Central and Eastern Europe. Specifically developed for insurers, Akur8’s solution enhances their pricing process by automating risk and demand modeling, using...

by PRNewswire

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InsuranceIntegrity Acquires Twardowski Insurance Agency

September 1, 20217 min

Integrity acquires thriving IMO, welcoming youngest Managing Partner in company history Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired Twardowski Insurance Agency (“Twardowski Insurance”), an independent marketing organization (“IMO”) based in Denver, Colorado. As part of the acquisition, Zac Twardowski, President of Twardowski Insurance, will become a Managing Partner in Integrity. Financial terms of the transaction were not disclosed. Twardowski Insurance has surpassed many...

by BusinessWire

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InsuranceWestern Wealth Communities Removes Costly Deposits

August 31, 20215 min

In six-month timespan, LeaseLock has more than doubled its leases insured, eclipsing $2 billion mark

by PRNewswire

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InsuranceInsurtech Carrot Reaches Strategic Collaboration

August 25, 20216 min

Both parties agree to cooperate in R&D and implementation of the SMART Safe Driving Platform for the citizens. The parties’ ultimate goal is to promote safe driving culture and reduce accident rate A fast-growing Insurtech Carrot General Insurance Corp. (“Carrot” or the “Company”) announced a memorandum of understanding (MoU) with Korea Expressway Corporation (KEC) to “co-develop a safe drive coaching platform for the drivers” in an effort to foster a culture of safe driving and...

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