New research shows an increased focus on risk management strategies and solutions
Ledger Investing Raises $75 Million in Series B Funding
June 23, 20226 min
Additional capital will finance the expansion of Ledger Investing's ILS marketplace, data infrastructure service products, and asset management offerings
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) is delighted to announce that Ping An Life has won the Global Bronze Award for Re-imagining the Customer Experience at the Efma-Accenture Innovation in Insurance Awards 2022 with its “Intelligent Visiting Assistant – AI Meeting Platform”. Ping An Life is the only Chinese company among the award winners, demonstrating its outstanding performance in digital transformation Built with Ping An’s proprietary artificial intelligence (AI) technology, the “Intelligent...
Integro Bank Successfully Launches
June 22, 20225 min
President, CEO and Founder of Integro Bank, Thomas J. Inserra announced today that it received final regulatory approvals from the State of Arizona and the Federal Deposit Insurance Corporation (FDIC) to disburse its capital from escrow and open the bank. This means the bank is now legally chartered and that its customer deposits have federal deposit insurance protection from the FDIC. “Our team successfully collected approximately $29.0 million in capital from 207 business owners and individual shareholders who invested in our...
Samuel Hale Announces Captive Insurance Program
June 21, 20223 min
Samuel Hale, an Employer Carve-out Organization (ECO), will insure its $50 million workers’ compensation risk through an Insurance Captive fronted by A+ rated, Arch Insurance, effective July 1, 2022. “We’ve been working toward this for the last six years,” says Samuel Hale CEO, Michael A. DiManno. “The captive arrangement will enable us to maximize the advantages of our carve-out agreement which drives the economics of our business,” he adds. California has a very high litigation rate on workers’ compensation insurance...
Standards-compliant Hybrid Integration Platform (HIP) speeds and simplifies exchange of business-critical insurance data
Hi Marley Named to the 2022 Cb Insights Insurtech 50 List
June 20, 20226 min
Recognized for driving Efficiencies and Better Customer Experiences in Insurance
InterSystems is Now Certified as NPHIES Compliant
June 20, 20224 min
InterSystems, a creative data technology provider dedicated to helping customers solve the most critical scalability, interoperability, and speed problems, today announced that its comprehensive TrakCare health information system has been certified as NPHIES (National Platform for Health and Insurance Exchange Services) compliant for Insurance Services in Saudi Arabia. The aim of establishing NPHIES is to transform the health care sector in the Kingdom of Saudi Arabia by using the latest technologies to enhance the level and quality of...
Intact Insurance Group USA LLC (Intact), doing business under the brand name Intact Insurance Specialty Solutions, announced today that it has entered into a definitive agreement to acquire Highland Insurance Solutions (“Highland”), the U.S. construction division of Tokio Marine Highland (TMH), from Tokio Marine Kiln (TMK). Highland is a managing general agent specializing in the builders risk segment of the construction market, and will expand Intact’s portfolio of owned distribution assets. The transaction is expected to close...
InsureMO’s headless Open API middleware platform combined with Unqork’s enterprise no-code platform now offers SPEED and AGILITY for the Insurance ecosystem overcoming challenges of massive legacy footprint in enterprises. June 14, 2022 Singapore – InsureMO and Unqork announced a global partnership that aims to deliver speed and agility in creating any insurance applications for insurance carriers, brokers/agents and InsurTech for all lines of business in Life, P&C and Health. The combined power of the Middle office...