insurers - FinTecBuzz

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...

by BusinessWire

Insurance

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...

by PRNewswire

Insurance

Nintex & Insuresoft to digitally transform the insurance industry

January 24, 20224 min

By integrating Nintex AssureSign into its Diamond Platform, Insuresoft empowers insurers to eliminate paper processes and offer modern digital eSigning experiences to policyholders

by BusinessWire

Payments

InvoiceCloud’s Electronic Payments Apps Available in Guidewire

September 29, 20214 min

InvoiceCloud’s integrations for PolicyCenter and BillingCenter to streamline the payment and collections process for insurers, while engaging policyholders InvoiceCloud, an EngageSmart solution for online bill payment services and Guidewire PartnerConnect Solution partner, and Guidewire Software, Inc. (NYSE: GWRE) today announced that InvoiceCloud’s new Ready for Guidewire validated accelerators for PolicyCenter and BillingCenter are now available to users in the Guidewire Marketplace. The InvoiceCloud platform is a comprehensive, secure, and flexible electronic bill presentment and payment solution that can be customized to meet the needs of any...

by BusinessWire

Insurance

AM Best to Lead Ratings Discussion at Reinsurance Association

August 9, 20213 min

AM Best will present a session focused on its evaluation of insurance and reinsurance companies at the Reinsurance Association of America’s upcoming Re Finance event, which takes place online Sept. 13-14, 2021. Clare Finnegan, senior financial analyst, will present a session, titled, “Tying it All Together – A Rating Agency’s View on Evaluating Insurance/Reinsurance Companies,” at 1:50 p.m. (EDT) on Sept. 14. Finnegan is part of AM Best’s global reinsurance ratings division and covers a portfolio...

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