Industry veteran and former Group Head of Underwriting Excellence at Zurich, Michael Duncan, takes advisor role to help guide the next phase of growth for AI-based Intelligent Intake startup
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced that it ranked as the #1 leader in Quadrant Knowledge Solutions “SPARK Matrix: P&C Core Insurance Platform, 2023” and “SPARK Matrix: Life Insurance Policy Administration System, 2023” reports. The Quadrant Knowledge Solutions SPARK Matrix includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning for both P&C and L&AH. Each study provides analysis and ranking of...
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...
Massachusetts-based agency to use Tarmika to simplify quoting processes as they expand into commercial lines
As a welcome relief to global economic pressures, this partnership enables insurers to leverage data to streamline operations, reduce losses, and maximize profits
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...
Available to all Majesco Cloud customers this modern data architecture eliminates implementation costs, delays and risks Majesco, a global leader of cloud insurance platform software for insurance business transformation, announced it is enhancing our Majesco Analytics solutions and speeding implementation with Qlik’s data integration capabilities. Majesco will be leveraging Qlik Data Integration’s replication capabilities to enable Majesco to automatically replicate all data for Majesco Intelligent Core for P&C and L&AH, Digital and Distribution Management solutions...
1891 Financial Life has been awarded on the Forbes list of the Best Insurance Companies 2023. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on June 6th, 2023, and can currently be viewed on the Forbes website. World’s Best Insurance Companies 2023 were determined based on an independent survey from a vast sample of over 30,000 consumers in 15 different countries....
Ambac Financial Group, Inc, a financial services holding company, announced the appointment of Kristi A. Matus and Michael D. Price as members of its Board of Directors, effective today. Ms. Matus will be a member of the Board’s Audit and Compensation committees, while Mr. Price will be a member of the Audit and Strategy committees. “We are pleased to welcome Kristi Matus and Michael Price to Ambac’s Board of Directors,” said Jeffrey S. Stein, Chairman...
Pacific Prime, an international health insurance brokerage, has released its Cost of Health Insurance Report 2023, highlighting a significant increase in premiums for individual and family plans worldwide. The report, based on data from 100 locations, indicates that 98% and 97% of surveyed locations experienced a premium increase in 2022 for individual and family plans, respectively. The report begins by ranking locations according to their average international private medical insurance (IPMI) premiums in 2022. The...
