insurance - FinTecBuzz

AM Best Assigns Credit Ratings to C&T Insurance Company

April 4, 20225 min

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to C&T Insurance Company (C&T) (Vermont). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect C&T’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). C&T is a single parent captive of MasTec, Inc. (MasTec)...

by BusinessWire

Insurance

AFR Insurance Partners with InvoiceCloud

March 31, 20224 min

New portal will give policyholders enhanced options to securely pay bills digitally

by BusinessWire

Insurance

Gradient AI & Socotra to Provide Intelligent Automation to Insurers

March 30, 20224 min

Integrated Solution Leverages Intelligence of Gradient AI’s Vast Dataset of Policies and Claims with Socotra’s Powerful Core Platform

by PRNewswire

Insurance

Intermap Expands European Insurance Solutions

March 25, 20228 min

Company upgrades its risk management application and grows client subscriptions

by FTB News Desk

In-House Features

Tips to choose the right Health Insurance Plan

March 24, 202214 min

Times have been tough and financial security aids us with combatting these times with a sense of stability. And, the first step towards it is a perfect health insurance plan that covers all your future worries.

by PRNewswire

Investments

NIO Capital Closes Eve ONE Fund II at Around USD 400 Million

March 21, 20225 min

NIO Capital, a leading Chinese investment firm focused on decarbonization and digitalisation, today announced the successful final closing of NIO Capital’s flagship fund, Eve ONE Fund II L.P. (the ‘Fund’) at approximately USD 400 million. The Fund was oversubscribed and quickly surpassed its original target fund size and hard cap. Notably, this Fund has nearly doubled the capital commitments of its predecessor fund, NIO Capital Eve ONE Fund L.P., which held its final closing in 2019. With its...

by PRNewswire

Insurance

Two Insurance Powerhouses Join ennabl’s Board

March 21, 20225 min

Insurtech trailblazer ennabl recently made news after securing a $4M seed round. Now, ennabl is announcing that two prominent insurance industry leaders, Jim Hackbarth, former President & CEO of Assurex Global, and Jack Butcher, President at Hagerty, have joined their board of directors. Jim Hackbarth is a senior advisor to and former President & CEO of Assurex Global, the world’s largest privately-held risk management and commercial insurance brokerage group. Jim brings over 30 years of experience in the insurance and other industries...

by BusinessWire

Insurance

AiK2 Insurance Services Exceeded $40B in AUM Covered

March 16, 20228 min

The AiK2 focus on efficiency, service, and cost is changing the way wealth managers insure their practices. Less than one year since launching its platform to make it easier for wealth/asset managers to buy business insurance and protect their firms, AiK2 Insurance Services (AiK2) now boasts a roster of 80 clients and more than $40 billion total assets insured. A testament to its truly disruptive new delivery model. AiK2 was built by advisors, for advisors...

by BusinessWire

Insurance

CCC Crash Course 2022 Trends Report

March 16, 20225 min

Labor shortages, supply chain challenges, climate change, and COVID uncertainty reshaping insurance economy trends as showcased in 27th annual edition of industry’s preeminent report CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, announces today it has released CCC Crash Course 2022, a data-driven report covering the business, consumer, and technology trends shaping the automotive, claims, repair and collision industries. The report offers insights on today’s economic, social and technology trends...

by PRNewswire

API

Relay selects Relativity6 for its NAICS prediction technology

March 16, 20223 min

Relativity6 will predict business’ NAICS codes for Relay to assist Relay in creating smarter, streamlined insurance products. Relay, an innovative provider of solutions which enable the digital transformation of commercial insurance and reinsurance submissions, and Relativity6, Inc., a real-time search and classification API that provides accurate 6-digit NAICS predictions and company existence checks and flags, announced today that Relay has selected Relativity6’s API to provide predictions related to industry classifications. Nyles Oppenheimer, Vice President of...

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