Partnership, which launched March 1, to offer access to commercial insurance products and services for eligible MMA members
Inszone Insurance Services Acquires Texstar Insurance Services Inc.
March 11, 20222 min
Agency Becomes the 2nd acquisition in the state of Texas for Inszone.
SightCall Partners with Qlaims, Boosts Visual Assistance Technology
March 10, 20224 min
Partnership broadens reach to UK SME Insurance and associated businesses
Ensurem Enters Into $100 Million Credit Facility with DZ BANK
March 9, 20224 min
Ensurem, a Florida-based insurance technology and distribution company, today announced that it has entered into a $100 million credit facility with DZ BANK. This facility refinances existing debt and allows Ensurem to meaningfully increase the marketing and distribution of Medicare Advantage and Medicare Supplement policies. This new lending facility provides Ensurem with significant capacity to promote initiatives aimed at meeting the healthcare needs of America’s seniors, and to onboard more agents to satisfy this increased demand. Ensurem plans...
Whatfix Partners with Duck Creek Technologies
March 8, 20224 min
The partnership aims to lower costs and improve operations for insurance carriers
COVID-19 Claims Put Thailand Insurers Under Pressure
March 7, 20225 min
Operating losses relating to medical insurance products covering COVID-19 infections have put considerable strain on the operating performance and balance sheets of several Thailand insurers, according to a new AM Best commentary. In its Best’s Commentary, titled, “COVID-19 Claims Put Thailand Insurers Under Pressure,” AM Best notes that according to the Thailand General Insurance Association (TGIA), most of the COVID-19 claims in the country have come from a short-term policy that pays a sizable lump sum when a...
U.S. Embedded Finance Markets & Investment Opportunities Report 2022
March 4, 202211 min
The “United States Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to United States’s Embedded Finance industry is expected to grow by 39.3% on annual basis to reach US$67,562.0 million in 2022. The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 23.5% during 2022-2029. The embedded finance revenues in the...
With an unwavering community strength, Carothers Insurance Agency is ready for growth opportunities and enhanced offerings through Integrity Integrity Marketing Group, LLC (“Integrity”), an omnichannel insurtech leader in life, health and wealth solutions, today announced it has acquired Carothers Insurance Agency, a leading independent marketing organization (“IMO”) based in Las Vegas, Nevada. As part of the acquisition, Chris Carothers, President of Carothers Insurance Agency, will become a Managing Partner in Integrity. Financial terms of the transaction were not...
Akur8 Announces Gold Sponsorship of Duck Creek Formation ‘22
March 1, 20223 min
Akur8, the next generation insurance pricing solution powered by transparent machine learning, is excited to announce its Gold sponsorship of Duck Creek Formation ‘22, Duck Creek’s annual conference for the Duck Creek community, taking place March 6 through March 8 in Orlando, Florida. The strategic partnership between Duck Creek and Akur8 has been a game-changer for the P&C insurance industry, delivering a combined SaaS platform that streamlines and empowers insurers’ rate-making process from data to...
Economic Shocks From Ukraine Invasion Fallout
February 28, 20223 min
AM Best believes that Russia’s invasion of Ukraine likely will impact the global insurance industry substantially in the near to midterm, particularly given the significant fallout in the capital markets and potential for widespread cyber attacks. In its Best’s Commentary, “Significant Implications of Ukraine Invasion on Global Insurance Industry,” AM Best notes that invasion has had an immediate negative impact on the stock markets worldwide; continued volatility remains likely, challenging efforts by the global central banks and...