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Joining the Integrity platform will help the Arizona-based IMO serve the needs of more Americans by providing innovative technology and resources to agents in all 50 states Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired Berwick Insurance Group (“Berwick Insurance”), an independent marketing organization (“IMO”) based in Tucson, Arizona. As part of the acquisition, Jim Berwick, CEO of Berwick Insurance, and David Berwick, COO of Berwick Insurance,...

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New portal enables customers to deliver a modern user experience that connects anytime, anywhere Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of Majesco ClaimVantage Connect, a new digital portal specific for customers using Majesco ClaimVantage solutions including claims, absence and accommodation management. The new portal, built on Salesforce Communities, provides a modern user experience that is intuitive and easy to navigate. Developed with an outside in...

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Hanaco Ventures joins Vesttoo through an equity investment of $6 Million USD, leading Vesttoo’s Series A round aimed at further promoting the company’s multi-billion security-based investment portfolio, as well as the world’s first fully digital marketplace for insurers, reinsurers, and pension funds. Vesttoo, a leading global Alternative Reinsurance and Investment platform, announces it has raised $6 million in a Series A funding round led by Hanaco Ventures. The round is part of Hanaco’s broader investment strategy in Vesttoo,...

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AM Best will present a session focused on its evaluation of insurance and reinsurance companies at the Reinsurance Association of America’s upcoming Re Finance event, which takes place online Sept. 13-14, 2021. Clare Finnegan, senior financial analyst, will present a session, titled, “Tying it All Together – A Rating Agency’s View on Evaluating Insurance/Reinsurance Companies,” at 1:50 p.m. (EDT) on Sept. 14. Finnegan is part of AM Best’s global reinsurance ratings division and covers a portfolio...

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InsureLife, a startup technology company in Raleigh, NC, has developed an AI-powered platform for Insurers that digitally connects their financial services products with consumers and agents, growing sales in a contactless world. Investors in the Seed round include Nassau Financial Group, CFV Ventures, and several angel investors. InsureLife anticipates oversubscribing the Seed round. InsureLife has secured distribution agreements with two major insurance companies – a leading Supplemental Health Insurer and Nassau Financial Group. Following the Seed...

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New report looks at digital FNOL capabilities across 18 vendors helping to transform the claims process with new technologies Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announce that Majesco Digital Customer360 for P&C has been profiled in Aite-Novarica Group’s A Digital FNOL Market Overview: First Impressions Last Report. Claims processing and handling has become the moment of truth for insurers. In today’s rapidly evolving, digitally enabled market, claims management is increasingly complex...

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Alliant Insurance Services has announced Kaci Snyder has joined the company as Senior Vice President, Public Entity. As a member of the Public Entity Education & Pooling Practice, Snyder will focus on working with self-insurance pools to provide brokerage, underwriting administration, marketing and comprehensive administration services. “Kaci is an excellent addition to our team; her first-rate administration of pools will be of great benefit to our clients,” said Daniel Howell, Senior Executive Vice President, Alliant Public...

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Higgins will play an instrumental role in the continued development of the A.I. platform, machine learning algorithms designed to enhance the customer experience NOW Insurance (NOW), an AI-enabled insurance platform designed to quickly match small business owners and professionals with affordable coverage plans, announced today the hiring of Matt Higgins as executive vice president of engineering. Higgins, who began his role in June, brings a wide breadth of technology and leadership expertise to NOW Insurance’s leadership...

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Company’s Unique Distribution Model, Via Partnerships and Direct to Consumers, Makes Injury Insurance Coverage More Affordable and Convenient for Tens of Thousands of Customers, Including Pro Athletes Spot, the tech startup modernizing insurance by providing digital, on-demand injury insurance to tens of thousands of customers, today announced it has raised $17.5 million in funding, including $15 million in equity and $2.5 million in debt. The round was led by GreatPoint Ventures, with participation from Montage...

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Seasoned insurtech and digital transformation leader to accelerate the next phase of growth for Chisel AI Chisel AI, a technology provider for the global insurance industry, today announced that Rupin Mago has joined the company as Vice President, Sales. A proven cross-functional leader and trusted advisor to customers and partners, Mago brings deep insurance industry and technology domain experience to his role including AI, machine learning, file analytics, unstructured data, robotic process automation, big data,...

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