icare moving to Cloud on the FINEOS Platform

FINEOS Corporation, the global leader of group and individual core software for life, accident and health insurance, announced that Insurance and Care New South Wales (icare) will move its Dust Diseases Care Scheme to the FINEOS Platform. This will enable icare to provide a contemporary claims management service to the citizens of New South Wales affected by dust diseases. icare’s care schemes provide support, treatment and care to citizens with long-term needs when severely injured...

InsurTech Market Projected to Reach $49.78 Billion by 2027

The “InsurTech (Insurance Technology) Global Market Report 2023″ report has been added to ResearchAndMarkets.com’s offering. The global InsurTech (insurance technology) market is poised for substantial growth, projected to increase from $10.53 billion in 2022 to $14.37 billion in 2023 at a compound annual growth rate (CAGR) of 36.52%. Furthermore, the market is expected to reach $49.78 billion by 2027, with a CAGR of 36.42%. What is InsurTech? InsurTech, or insurance technology, refers to the integration of technological advancements to...

Afinida Insurance announces Key Hire to drive growth

Trucept Inc. (OTC Pink: TREP) Afinida Insurance announced the addition of Viola Williams as Director of Sales Operations. An industry veteran in the insurance sector, Viola Williams rapidly ascended from an entry level position to instrumental roles at Allstate, pioneering the “Lifetime Opportunity” dealership program.  A dedicated educator, Williams has mentored over 300 new agents, guiding them to licensure in Life and Health, and Property and Casualty. Additionally, she managed her own thriving insurance agency showcasing both her...

Irys Insurtech, Inc. closes $3.5 Million Seed Round

Irys Insurtech, Inc., a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems. The funding round was led by Markd, known for its keen interest in groundbreaking insurtech innovations. This investment heralds a new era where traditional insurance distribution processes are challenged and redefined. Irys, established in 2021, is an open API software platform with a mission to break down the...

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