insurance sector - FinTecBuzz

Travelers Europe Names Mike Lawton Chief Operating Officer

February 17, 20253 min

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...

by BusinessWire

Security

BDIC Launches to Transform Crypto Security

February 3, 20254 min

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...

by BusinessWire

Insurance

Hexure Named to the InsurTech100 List for the Second Time

October 10, 20244 min

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...

by BusinessWire

Insurance

2024 AI in Insurance Report: Insurity

March 14, 20244 min

Insurity’s 2024 AI in Insurance Report serves as a critical resource for P&C insurance companies navigating the complexities of AI integration and consumer expectations

by PRNewswire

Insurance

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

July 27, 20234 min

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...

by PRNewswire

Insurance

ZhongAn unveils AI & AIGC Integration roadmap into insurance sector

July 10, 202313 min

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...

by PRNewswire

Insurance

Falvey Insurance Group Announces New Promotion

June 29, 20235 min

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...

by PRNewswire

Insurance

Cover Whale Ushers in Insurtech’s New Era with First Chief AI Officer

June 8, 20237 min

Leading commercial trucking insurance provider will become AI-first company, with new position designed to spearhead the rapid adoption of AI company-wide