Vouch Announces $90 Million of Funding
September 13, 20215 min
Vouch Becomes a Reinsurer and Launches Licensed Carrier to Expand Insurance Coverages for Early to Mid Stage Startups
One Inc Partners with Mastercard for Real-Time Insurance Payments
September 10, 20214 min
To ensure that individuals, families, and businesses have near-instant access to insurance funds in the face of emergency, One Inc, a leading digital payments network for the insurance industry, today announced plans to disburse claims through Mastercard virtual cards and Mastercard Send ®. Powered by One Inc’s flagship product, ClaimsPay ®, the partnership builds on a shared vision to deliver near-instant, secure payments that deliver needed cashflow for claimants and vendors and reduce cycle time and expenses for insurers....
PZU Group Adopts Akur8 to Boost Its Insurance Pricing Process
September 7, 20215 min
Baltic entities of Insurance Group PZU, one of the largest financial institutions in Central and Eastern Europe, and Akur8 are delighted to announce their collaboration, to enhance PZU’s pricing process across two of its Baltic entities. This deal reinforces Akur8’s international reach as the next generation pricing platform, as well as its footprint in Central and Eastern Europe. Specifically developed for insurers, Akur8’s solution enhances their pricing process by automating risk and demand modeling, using...
Integrity Acquires Twardowski Insurance Agency
September 1, 20217 min
Integrity acquires thriving IMO, welcoming youngest Managing Partner in company history Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired Twardowski Insurance Agency (“Twardowski Insurance”), an independent marketing organization (“IMO”) based in Denver, Colorado. As part of the acquisition, Zac Twardowski, President of Twardowski Insurance, will become a Managing Partner in Integrity. Financial terms of the transaction were not disclosed. Twardowski Insurance has surpassed many...
Insurtech Carrot Reaches Strategic Collaboration
August 25, 20216 min
Both parties agree to cooperate in R&D and implementation of the SMART Safe Driving Platform for the citizens. The parties’ ultimate goal is to promote safe driving culture and reduce accident rate A fast-growing Insurtech Carrot General Insurance Corp. (“Carrot” or the “Company”) announced a memorandum of understanding (MoU) with Korea Expressway Corporation (KEC) to “co-develop a safe drive coaching platform for the drivers” in an effort to foster a culture of safe driving and...
APOLLO Insurance Partners With Landlord Credit Bureau
August 20, 20214 min
APOLLO Insurance Solutions Ltd. (“APOLLO Insurance”) Canada’s leading online insurance provider, has partnered with Landlord Credit Bureau to offer users an entirely digital experience. Members will now have instant access to insurance at the palm of their hand. Launched in 2019, APOLLO Insurance now offers the largest selection of online insurance in Canada, through brokers and embedded partnerships like this one. Landlord Credit Bureau believes in partnering with companies that benefit its members, making their...
Mosaic Insurance & DXC Technology Launch Technology Platform
August 20, 20217 min
Artificial intelligence underwriting support, blockchain-enabled access to real-time data, and advanced automation will significantly increase the speed at which specialty insurance can be sold, underwritten and serviced Mosaic Insurance and DXC Technology (NYSE: DXC) today announced the successful launch of an innovative new insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. Together with DXC’s business-process expertise and technology, Mosaic, a next-generation global specialty insurer, will refine underwriting, simplify transactions, and...
Berwick Insurance Group Significantly Expands Technology
August 18, 20218 min
Joining the Integrity platform will help the Arizona-based IMO serve the needs of more Americans by providing innovative technology and resources to agents in all 50 states Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired Berwick Insurance Group (“Berwick Insurance”), an independent marketing organization (“IMO”) based in Tucson, Arizona. As part of the acquisition, Jim Berwick, CEO of Berwick Insurance, and David Berwick, COO of Berwick Insurance,...
Majesco Launches Majesco ClaimVantage Connect Digital Portal
August 11, 20217 min
New portal enables customers to deliver a modern user experience that connects anytime, anywhere Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of Majesco ClaimVantage Connect, a new digital portal specific for customers using Majesco ClaimVantage solutions including claims, absence and accommodation management. The new portal, built on Salesforce Communities, provides a modern user experience that is intuitive and easy to navigate. Developed with an outside in...
Vesttoo Raises $6 Million Series A Round
August 10, 20215 min
Hanaco Ventures joins Vesttoo through an equity investment of $6 Million USD, leading Vesttoo’s Series A round aimed at further promoting the company’s multi-billion security-based investment portfolio, as well as the world’s first fully digital marketplace for insurers, reinsurers, and pension funds. Vesttoo, a leading global Alternative Reinsurance and Investment platform, announces it has raised $6 million in a Series A funding round led by Hanaco Ventures. The round is part of Hanaco’s broader investment strategy in Vesttoo,...