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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...

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...

Relativity6 announced partnership with Duck Creek Technologies

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

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™

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

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...

Majesco implements Qlik’s data integration capabilities

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...

Senior Market Sales® Acquires The ASA Group

Partnership Also Marks SMS’ Entry Into the Life Settlement Market as Interest Grows Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations (IMOs), has acquired The ASA Group, a Little Rock, Arkansas, brokerage general agency serving insurance and financial planning professionals across the country for more than four decades. “The ASA Group is an outstanding fit as SMS expands our acquisitions to include life insurance and annuity distribution,” said SMS President Jim Summers. “We share...

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