Funding, led by NEA with the support of other premier investors including Hank Greenberg's C.V. Starr Insurance, will accelerate product development and marketing initiatives that focus on streamlining back-office functions for companies in the insurance industry
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced that Sapiens ReinsuranceMaster was recognized as a “Luminary” solution in Celent’s 2023 Ceded Reinsurance Solutions Global Report. Research and consulting firm Celent profiled 12 global ceded reinsurance solutions. This year’s report contains the Technical Capability Matrix, which ranks solutions according to Advanced Technology and Breadth of Functionality. Sapiens ReinsuranceMaster was named a “Luminary” solution, the top tier in the matrix,...
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...
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...
The platform solves fundamental insurance verification challenges for all stakeholders involved in the process. Certificial, the creator of the Smart COI Network™, announced a $15M round of funding led by Nyca Partners. Nyca joins IA Capital, Fin Capital, Cofounders Capital, Cameron Ventures, and Nationwide Ventures as investors. In the past year, Certificial has gained significant traction among the risk management community and with insurance brokers. Certificial, a pioneer in business insurance monitoring technology, leverages its...
On July 7, ZhongAn Online P&C Insurance Co., Ltd, China’s first online-only insurance company, presented its vision of how the transition from digital intelligence to “AI +insurance” at the “Next Generation Digital Infrastructure, Brand New Value for Insurance Ecosystem” subforum of the 2023 World Artificial Intelligence Conference (WAIC2023). The transition is set to revolutionize the entire process of the sale and management of insurance, paving the way for an entirely new insurance infrastructure. The presentation delved into...
Nayms SAC Ltd., the leading crypto-native insurance marketplace, is proud to announce the issuing of the world’s first crypto-denominated industry loss warranty (ILW) through the second segregated account or ‘cell’ within its marketplace. This type of instrument is index-based and used for providing retrocessional reinsurance protection to property reinsurers. In this program, Nayms provides coverage for US named windstorm, attaching above a loss trigger of $60 billion. The basic structure aligns with other ILWs, but Nayms innovates on...
INSUREtrust’s new Cyber Pre-Check marks SecondSight’s penetration into wholesale distribution
Success with Shift Claims Fraud Detection solutions leads to adoption of Shift Subrogation Detection
Falvey Insurance Group is pleased to announce the appointment of Isabelle Therrien into a newly created role, Executive Vice President, Head of Cargo. This strategic leadership role will report directly to the recently appointed Chief Underwriting Officer, Tom Nasso, upon his official joining of Falvey later this year. As the Head of Cargo, Isabelle will be responsible for overseeing and expanding Falvey’s cargo insurance business with a focus on Falvey’s specialization in life science, technology, and general...
