Poland’s largest insurer PZU launches digital claims with Upptec
September 28, 20225 min
Poland's largest insurance company, PZU, will be the first to launch automated, digital claims with the Swedish-based Insurtech Upptec.
GoHealth Receives $50 Million Strategic Investment
September 27, 20224 min
Transaction further strengthens balance sheet and provides additional funding to invest in new technologies that will fuel the expansion of GoHealth's beneficiary-centric enrollment and engagement platform
NEXT Insurance Launches NEXT Connect for Intuit QuickBooks
September 26, 20226 min
Small businesses can now seamlessly bundle insurance policies and benefit from NEXT's new state of the art workers' compensation pay-as-you-go offering
Inclined Announces $15 Million Series A Funding Round
September 26, 20226 min
Funding will fuel fintech startup’s mission to help whole life insurance policyholders realize more value out of their investment Platform will leverage technology to eliminate points of friction currently in the market
Akur8 and Milliman Announce Global Expansion of Strategic Alliance
September 22, 20225 min
Akur8, the next generation insurance pricing solution, and Milliman, a premier global consulting and actuarial firm, are excited to announce the global expansion of their strategic alliance. Working together, the Milliman and Akur8 collaboration brings next generation insurance pricing capabilities and consulting services to property & casualty (non-life) insurance carriers, insurtechs and MGAs across the U.S., Europe, South America, Asia, and Africa. Specifically developed for insurers, Akur8’s solution enhances pricing methods through its unique, cloud-based...
Global Growth Announces Rehabilitation of Michigan Insurance Company
September 22, 20223 min
Global Growth today announced the rehabilitation of Pavonia Life Insurance Company of Michigan (“Pavonia”), a Michigan insurance company affiliated with Global Growth and owned by Global Growth owner Greg Lindberg. As part of the rehabilitation, Pavonia is being acquired by Axar Capital Management. The rehabilitation fully protects Pavonia’s 350,000 direct and reinsured policyholders and secures more than $900 million in policyholder insurance benefits. The rehabilitation is the culmination of an extended cooperative effort between Global...
One Inc Announces Partnership with SECURA Insurance
September 22, 20224 min
Expands Integrations Between One Inc’s Digital Payments Platform for Both Inbound Premium Payments and Outbound Claims Payments
Insurtech company NEXT Insurance Advances Innovation
September 21, 20224 min
Enhanced offering allows payroll partners to offer better cash flow management and more accurate pricing to their small business customers
Waterdrop Launches the WFind System
September 20, 20224 min
Waterdrop Inc. (“Waterdrop”, the “Company” or “we”) ( NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, recently launched “Waterdrop Family Insurance Needs Diagnosis” (“WFind”), a system designed to help insurance brokers identify customer insurance needs based on information about their family members, income & expenses, and insurance demands. WFind involves the following six steps: Analyze details of family income and expenses; Identify family insurance needs; Recognize the insufficient...
Insurance Lounge Raises $15M Growth Equity to Fuel Rapid Expansion
September 20, 20223 min
Insurance Lounge, has closed on $15M of growth equity financing to accelerate the company’s expansion plans. The financing will support the company’s initiatives for geographic growth, including the opening of new locations, the acquisition of additional agencies and the pursuit of key talent hires. The financing round was completed by a consortium of institutional investors led by Brian Modesitt and Alta Point Capital. “As a second-generation agency owner, I kept seeing consumers confused and frustrated by the insurance buying...