Concirrus partners with Insurity
July 29, 20234 min
As a welcome relief to global economic pressures, this partnership enables insurers to leverage data to streamline operations, reduce losses, and maximize profits
BondExchange, the technology and service leader in the surety bond industry, and TrustedChoice.com, the leading digital marketing platform for the independent insurance industry, announced today an enhanced partnership to bring BondExchange’s surety platform to the nation’s most extensive collection of independent insurance agents. Immediate access to the BondExchange platform is available to TrustedChoice.com agents at www.bondexchange.com/trusted-choice. “BondExchange’s mission is to empower agents with the tools needed to make surety a consistently profitable and low touch product...
North American Digital MGA, Foxquilt, secured $12M Funding
July 27, 20234 min
Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise of $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. This substantial investment underscores the confidence in Foxquilt’s innovative approach to insurance and its potential to transform the industry landscape. Founded...
Sapiens CoreSuite is recognized as a “Luminary” PAS solution excelling in both Advanced Technology and Breadth of Functionality in EMEA Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced today that Sapiens CoreSuite for Life & Pensions has won Celent’s 2023 XCelent award for the Breadth of Functionality category in the EMEA region. Research and consulting firm Celent analyzed 35 policy administration systems for life and pension insurance, using the...
NYCM Insurance receives J.D. Power Award for 2nd Year in a Row
July 21, 20233 min
NY-Exclusive Insurance Company Ranked #1 in Customer Satisfaction among Auto Insurers in New York; 1st in 4 out of 5 study factors. For the second year in a row, NYCM Insurance is proud to announce being ranked #1 in Customer Satisfaction Among Auto Insurers in New York in the J.D. Power 2023 U.S. Auto Insurance Study. J.D. Power published the results of its 2023 U.S. Auto Insurance Study on June 13. Providing regional analyses of customers’ perceptions of their auto insurer’s ability to...
Relativity6 announced partnership with Duck Creek Technologies
July 21, 20234 min
The Relativity6 AI-powered industry classification platform enables carriers to quickly classify businesses and understand what those businesses are truly doing right now Relativity6 announced today that it has partnered with Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, to offer best-in-class industry classification. Via the Duck Creek Platform, Relativity6 allows insurers to instantly classify any business by its 6-digit NAICS, ISO GL, or NCCI codes....
AI Insurtech CLARA Analytics expands presence in Asia-Pacific
July 18, 20234 min
CLARA Analytics, a leading provider of AI technology for personal injury claims optimization, announces an exclusive partnership with OPEX Consultants (“OPEX”), an Australian boutique growth strategy and profit improvement insurance consulting practice, to represent CLARA in Australia and New Zealand. The partnership constitutes a strategic commitment to expand CLARA’s business in the Asia-Pacific region. CLARA’s products have delivered rapid and substantial return on investment for some of the world’s leading insurers, including one of Australia’s...
NEXT Insurance announced its integration with Ivans Download™
July 17, 20235 min
New integration provides agents with hourly policy downloads, enabling NEXT agents to quickly serve small business clients NEXT Insurance, a leading digital insurtech transforming small business insurance, announced its integration with Ivans Download™ for General Liability and Workers’ Compensation policies. This feature offers a seamless exchange of policy data between NEXT and its appointed agents, furthering the company’s commitment to facilitating an efficient process for agents and the small businesses they serve. NEXT’s integration uniquely...
TCU Insurance joins INGUARD
July 17, 20233 min
INGUARD, a national insurance and risk management agency licensed in all 50 U.S. states, announced that TCU Insurance is now part of the INGUARD organization and will go to market under the INGUARD brand. Rick Van Es, Principal of TCU Insurance, and INGUARD Principal Daniel Schmitz will jointly lead the agency. “I’m even more excited about our future now that the TCU Insurance team has joined INGUARD,” said Schmitz. “They share our values and similarly believe...
Canopy Connect joins HawkSoft Solution Partner Program
July 13, 20234 min
Partnership allows agencies to collect and verify information from prospects and clients, and integrate directly into HawkSoft's management system.