insurance - FinTecBuzz

AM Best Affirms Credit Ratings of Convex Group Limited’s Subsidiaries

May 20, 20226 min

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Convex Re Limited (CRL) (Bermuda), Convex Insurance UK Limited (CIL) (United Kingdom), Convex Europe S.A. (CES) (Luxembourg) and Convex Guernsey Limited (CGU) (Guernsey). All four entities are wholly owned subsidiaries of Convex Group Limited (Convex) (Bermuda), the non-operating holding company of the group. The outlook of these Credit Ratings (ratings) is positive. The ratings reflect...

by PRNewswire

Insurance

Hi Marley Announces Formation of Insurance Advisory Council

May 18, 20224 min

The Council Brings Together Industry Leaders to Advise on the Next Era of Insurance and Technology Hi Marley, creators of the only AI-powered collaboration platform purpose-built for P&C insurance carriers, today announced the establishment of the inaugural Insurance Advisory Council. The Council will guide and inform Hi Marley’s product and go-to-market strategies with background in claims, customer experience, innovation and technology. Their expertise also includes industry suppliers who offer products and services to carriers enabling them...

by PRNewswire

Insurance

NEXT Insurance Named to CNBC Disruptor 50 List

May 18, 20224 min

Company lands No. 37 spot on annual list for its customized insurance offerings for small businesses NEXT Insurance, a leading digital insurtech company transforming small business insurance, today announced it was named to the 2022 CNBC Disruptor 50 list. The annual list honors the leading private companies whose business models and and innovative solutions are fundamentally changing industries and better serving consumers. NEXT, debuting at number 37, was selected because of its innovation and impact on the...

by PRNewswire

Insurance

Beat Capital Partners Selects OneShield for U.S. Insurance business

May 18, 20224 min

Long-duration Venture Capital Firm for Insurance Startups chooses OneShield’s SaaS for MGAs to provide optimized operational efficiencies and fuel its U.S. expansion. Beat Capital Partners (Beat), a highly-successful insurance industry investor in the United Kingdom, is setting its sights on the U.S. marketplace and has chosen OneShield Software’s SaaS technology platform, OneShield Market Solutions, to launch and incubate new Managing General Agents (MGAs). Beat provides new ventures with startup funding, infrastructure, risk capital, and A+ rated paper, plus experienced guidance and...

by PRNewswire

Insurance

Incenter Insurance Solutions Announces varied services

May 16, 20225 min

Creative Precision: Incenter Insurance Solutions Announces Different Services for Different Times

by BusinessWire

Insurance

Health Insurance Premiums Have Rebounded After COVID-19

May 12, 20224 min

Based on a study of 100 locations around the world, global health insurance brokerage Pacific Prime’s latest report finds that average international private medical insurance (IPMI) premiums for both individual and family plans have rebounded in the majority of locations. This comes as the world is reeling from the impacts of the COVID-19 pandemic – albeit at different paces in different locations, and looking towards digitalization and technology to increase efficiency in the health insurance...

by PRNewswire

Insurance

PCF Insurance Services Appoints VP of Technology and VP of HR

May 11, 20225 min

PCF Insurance Services (PCF), a top 20 national insurance brokerage, announced today that Mike Green and Jeff Hutchins have been appointed Vice President of Technology and Vice President of Human Resources (HR), respectively. Green has 25 years of experience in various technical disciplines and systems management. In his role with PCF, he will oversee the development and execution of the company’s product and technology vision, including systems architecture, security, process improvement, and the management of innovative distributed cloud solutions....

by PRNewswire

Investments

BitIRA Doubles its List of Cryptocurrency IRA Assets

May 11, 20226 min

Nine more rigorously-selected cryptocurrencies available for digital IRA investment, covered by BitIRA's end-to-end insurance

by PRNewswire

Insurance

Cogitate further expands with the acquisition of Axiom, Inc.

May 11, 20224 min

Cogitate enhances its flagship DigitalEdge Insurance Underwriting and Distribution Platform with Billing and Claims solutions to provide full stack, cloud native software. Cogitate, a leader in accelerating digital insurance for Wholesale Brokers, MGAs, and Carriers, has announced the acquisition of Axiom, a Claims & Billing software provider for Property and Casualty Insurance. With this acquisition, Cogitate will offer full stack, cloud native digital underwriting, distribution, billing and claims solutions within its DigitalEdge insurance platform. Cogitate DigitalEdge is an...

by PRNewswire

Insurance

Elephant Insurance Provides Notice of Data Event

May 9, 202214 min

Elephant Insurance, and its subsidiary Apparent Insurance (together, “Elephant Insurance”), values and respects the privacy of information which is why it is providing notice about a recent incident that may involve certain consumer information. This information either relates to current or previous Elephant Insurance customers or is information Elephant Insurance received as part of providing a quote for auto or other insurance coverage. Elephant Insurance is providing information about the incident, its response, and resources...

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