FutureProof Secures $6.5M in Capital
May 6, 20225 min
Climate-smart P&C insurtech secures funding to establish MGA entity that will apply high-resolution risk selection and pricing to policy underwriting
Global Embedded Insurance Business and Investment Opportunities
March 22, 20229 min
The “Global Embedded Insurance Business and Investment Opportunities – Q1 2022 Update” report has been added to ResearchAndMarkets.com’s offering. According to this report the industry is expected to grow by 31.9% on annual basis to reach US$56,979.8 million in 2022. The embedded insurance industry is expected to grow steadily over the forecast period, recording a CAGR of 20.7% during 2022-2029. The embedded insurance revenues in the region will increase from US$56,979.8 million in 2022 to reach US$161,598.3 million by...
Groundspeed Announces Record Growth and Expands Leadership Team
February 4, 20225 min
A fast-growing customer base and three new executive hires position Groundspeed to power smarter business insurance through the exchange of intelligent data.
Nintex & Insuresoft to digitally transform the insurance industry
January 24, 20224 min
By integrating Nintex AssureSign into its Diamond Platform, Insuresoft empowers insurers to eliminate paper processes and offer modern digital eSigning experiences to policyholders
United Kingdom Insurtech Market 2021-2026
November 22, 202110 min
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...
Guaranteed Rate Insurance Appoints Jeff Wingate as EVP
October 14, 20214 min
Guaranteed Rate Insurance, an independent brokerage that offers personal, commercial, life and specialty insurance, announces it has hired Jeff Wingate as its new Executive Vice President to drive growth and diversify its product offerings. As EVP and Head of Guaranteed Rate Insurance, Wingate, an industry veteran with more than 30 years of relevant experience, will lead the team of more than 200 insurance professionals and focus on organic growth, and mergers and acquisitions. Wingate’s goal will be...
Insurtech Carrot Reaches Strategic Collaboration
August 25, 20216 min
Both parties agree to cooperate in R&D and implementation of the SMART Safe Driving Platform for the citizens. The parties’ ultimate goal is to promote safe driving culture and reduce accident rate A fast-growing Insurtech Carrot General Insurance Corp. (“Carrot” or the “Company”) announced a memorandum of understanding (MoU) with Korea Expressway Corporation (KEC) to “co-develop a safe drive coaching platform for the drivers” in an effort to foster a culture of safe driving and...
InsureLife raising Seed round
August 5, 20214 min
InsureLife, a startup technology company in Raleigh, NC, has developed an AI-powered platform for Insurers that digitally connects their financial services products with consumers and agents, growing sales in a contactless world. Investors in the Seed round include Nassau Financial Group, CFV Ventures, and several angel investors. InsureLife anticipates oversubscribing the Seed round. InsureLife has secured distribution agreements with two major insurance companies – a leading Supplemental Health Insurer and Nassau Financial Group. Following the Seed...
Chisel AI Appoints Rupin Mago as Vice President
July 28, 20215 min
Seasoned insurtech and digital transformation leader to accelerate the next phase of growth for Chisel AI Chisel AI, a technology provider for the global insurance industry, today announced that Rupin Mago has joined the company as Vice President, Sales. A proven cross-functional leader and trusted advisor to customers and partners, Mago brings deep insurance industry and technology domain experience to his role including AI, machine learning, file analytics, unstructured data, robotic process automation, big data,...
Brightway Insurance opens five new franchise locations in June
June 30, 20214 min
National insurance franchise expands in Florida, New York, South Carolina and Texas. Seven people are realizing their dreams of business ownership through Brightway Insurance with the opening of five new franchise locations in June. Kevin Allen opened Brightway, The Allen Agency in Greenville, S.C. Dabir Duvert and Steven Duvert opened Brightway, The Duvert Agency in Hempstead, N.Y. Luan Le opened Brightway, The Le Agency in Tampa, Fla. Enrique and Brittany Miron opened Brightway, The Miron Agency in Riverview, Fla. Jorge Balderas opened Brightway, The Balderas in Spring,...