Insurance Billing and Payments Moves from Back Office Function

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of a new joint thought leadership report from Deloitte and Majesco which highlights overarching trends within billing and payments and how it is impacting decisions, opportunities, and growth. The report leverages recent market research and executive roundtable discussions from insurance industry executives in late 2021 to answer some tough questions for those trying to navigate a billing and payment environment...

Optimalex wins PropertyCasualty360 Innovation Award

Optimalex is pleased to announce that CEO Dr. Frank Giaoui has won a PropertyCasualty360 Insurance Innovators Award. “We congratulate Dr. Frank Giaoui, Founder & CEO of Optimalex for winning a PropertyCasualty360 Insurance Innovators Award,” said Tamara Gentry, Group Publisher for ALM’s National Underwriter Property & Casualty Divisions. “Innovation is about more than technology. It’s about culture and practices that prevent any entity from becoming antiquated or outdated. The PropertyCasualty360 Insurance Innovators award honors technologists along with those making strides in customer experience; diversity,...

United Kingdom Insurtech Market 2021-2026

The “United Kingdom Insurtech Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The UK insurance industry is fundamentally changing. The UK general insurance market continues to be fiercely competitive but is troubled by sustained low profitability fueled by the predominance of online distribution channels. Insurers recognize that the everyday lives of their customers are being transformed by new technologies. They also recognize that this transformation is affecting their own...

Insurance leader Lemonade To Acquire Metromile

Lemonade (NYSE: LMND) the insurance company powered by AI and social good, and Metromile (NASDAQ: MILE, MILEW), the data science company focused on auto insurance, have entered into a definitive agreement pursuant to which Lemonade will acquire Metromile in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just over $200 million net of cash. Under the terms of the transaction, Metromile shareholders will receive Lemonade common shares at a...

EVO Payments Appoints Nikki Harland to Board of Directors

EVO Payments, Inc. (NASDAQ: EVOP) (“EVO”), a leading global provider of payment technology integrations and acquiring solutions, announced today that it has appointed Nikki Harland to its Board of Directors effective March 1, 2022. Ms. Harland is the Chief Operating Officer of Paradies Lagardère where she is responsible for overseeing the general operations and customer service initiatives for both the Retail Division and Dining Division. Prior to her current role, Ms. Harland held several leadership...

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