Indico Data Appoints Strategic Leadership

Indico Data, The Decision Automation Company™, today announced pivotal leadership appointments that reinforce its commitment to revolutionizing the insurance industry through AI-driven decision automation. To accelerate innovation and empower insurers with faster, smarter decision-making, Indico Data welcomes insurance visionary Phil Edmundson as a new board member, promotes co-founder Madison May to Chief Technology Officer (CTO), and elevates Don Zereski—formerly SVP of Engineering—to Chief Information Security Officer (CISO). New Board Member – Phil Edmundson Phil Edmundson is a seasoned entrepreneur and investor...

Michael Brennan Named President at Nationwide Mortgage Bankers Inc.

Nationwide Mortgage Bankers Inc. (DBA NMBNOW), one of the fastest-growing mortgage companies in the United States, has named industry veteran Michael Brennan its new president of sales and operations. Brennan was previously the president of Movement Mortgage, a South Carolina-based lender where he started as a Northeast regional director in 2015. After becoming president of Movement Mortgage in 2021, Brennan accelerated the company’s national expansion through recruiting and acquisition, helping it grow to 5,600 employees with an annual loan...

Travelers Europe Names Mike Lawton Chief Operating Officer

Travelers Europe announced that Mike Lawton has been appointed Chief Operating Officer. Lawton will report to Matthew Wilson, Chief Executive Officer of Travelers Europe, and oversee the day-to-day business operations and implementation of the company’s strategy. “Mike has been an invaluable member of our leadership team for many years,” said Wilson. “I am confident that his knowledge and expertise will help us strengthen our presence in the market, drive efficiency and deliver outstanding service to...

BDIC Launches to Transform Crypto Security

Palm Beach, Florida-based Blockchain Deposit Insurance Consultant Group LLC has announced the launch of its new international entity, Blockchain Deposit Insurance Corporation (BDIC), along with its official website, www.BDICinsurance.com. This venture aims to revolutionize cryptocurrency insurance by providing digital wallet insurance for preferred cryptocurrencies, ensuring security and trust in everyday financial transactions. BDIC is establishing its headquarters in Bermuda, with affiliate offices in Switzerland, Hong Kong/Greater China, Canada, and South America. In the coming months, BDIC...

Hexure Named to the InsurTech100 List for the Second Time

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced it has been named to the FinTech Global 2024 InsurTech100 list. Selected by a panel of esteemed industry experts and analysts, the InsurTech100 is an annual recognition of the top 100 most forward-thinking companies worldwide at the forefront of innovation in the insurance space. This marks Hexure’s second consecutive year on the InsurTech100 list, reinforcing its ongoing leadership and...

North American Digital MGA, Foxquilt, secured $12M Funding

Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise of $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. This substantial investment underscores the confidence in Foxquilt’s innovative approach to insurance and its potential to transform the industry landscape. Founded...

ZhongAn unveils AI & AIGC Integration roadmap into insurance sector

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...

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