personal insurance - FinTecBuzz

icare moving to Cloud on the FINEOS Platform

September 5, 20233 min

FINEOS Corporation, the global leader of group and individual core software for life, accident and health insurance, announced that Insurance and Care New South Wales (icare) will move its Dust Diseases Care Scheme to the FINEOS Platform. This will enable icare to provide a contemporary claims management service to the citizens of New South Wales affected by dust diseases. icare’s care schemes provide support, treatment and care to citizens with long-term needs when severely injured...

by PRNewswire

Insurance

Irys Insurtech, Inc. closes $3.5 Million Seed Round

August 28, 20234 min

Irys Insurtech, Inc., a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems. The funding round was led by Markd, known for its keen interest in groundbreaking insurtech innovations. This investment heralds a new era where traditional insurance distribution processes are challenged and redefined. Irys, established in 2021, is an open API software platform with a mission to break down the...

by GlobeNewswire

Insurance

CHI Insurance Agency selects Tarmika for Commercial Lines Growth

August 28, 20234 min

Massachusetts-based agency to use Tarmika to simplify quoting processes as they expand into commercial lines

by PRNewswire

Insurance

Relativity6 announced partnership with Duck Creek Technologies

July 21, 20234 min

The Relativity6 AI-powered industry classification platform enables carriers to quickly classify businesses and understand what those businesses are truly doing right now Relativity6 announced today that it has partnered with Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, to offer best-in-class industry classification. Via the Duck Creek Platform, Relativity6 allows insurers to instantly classify any business by its 6-digit NAICS, ISO GL, or NCCI codes....

by BusinessWire

Insurance

AI Insurtech CLARA Analytics expands presence in Asia-Pacific

July 18, 20234 min

CLARA Analytics, a leading provider of AI technology for personal injury claims optimization, announces an exclusive partnership with OPEX Consultants (“OPEX”), an Australian boutique growth strategy and profit improvement insurance consulting practice, to represent CLARA in Australia and New Zealand. The partnership constitutes a strategic commitment to expand CLARA’s business in the Asia-Pacific region. CLARA’s products have delivered rapid and substantial return on investment for some of the world’s leading insurers, including one of Australia’s...

by PRNewswire

Insurance

Ping An Secures Top 1% ESG Rating in Sustainability Yearbook 2023

July 5, 20236 min

Ping An Insurance Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) has emerged as a standout among nearly 1,600 Chinese companies for its commitment to long-term sustainability and exemplary ESG practices. The company was selected in the S&P Global Sustainability Yearbook 2023 (China Edition). Ping An was the sole insurance company to be included in the “Best 1% of Chinese Companies in S&P Global ESG Score” for its exceptional performance in environmental, social and...

by GlobeNewswire

Insurance

M. Adams & Associates Joins World Insurance Associates

July 3, 20233 min

World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced that it acquired the business of M. Adams & Associates, Inc. (“M. Adams”) of Hazlet, NJ on June 1, 2023. Terms of the transaction were not disclosed. M. Adams & Associates, Inc. was established in 1991. Their mission is to find quality, competitive insurance products tailored to their customer’s specific needs. They conduct business with their core values of honesty, integrity, respect, and accountability...

by PRNewswire

Insurance

Tarci Introduces a New SMB Data Solution for P&C Insurance Services

June 30, 20235 min

Tarci, a continuous intelligence platform that generates dynamic SMB data, is pleased to announce the launch of the Tarci for P&C Insurance Services data suite. This advanced new suite of SMB data modules is designed to inform sales, marketing, risk, and underwriting strategies for a variety of Insurance services. By combining accurate, up-to-date SMB profiles with data-derived insights, Tarci has developed a series of data modules that identify SMBs with material risk changes impacting 4 types of...

by BusinessWire

Insurance

Ambac Appoints Kristi A. Matus and Michael D. Price to Its BOD

June 26, 20236 min

Ambac Financial Group, Inc, a financial services holding company, announced the appointment of Kristi A. Matus and Michael D. Price as members of its Board of Directors, effective today. Ms. Matus will be a member of the Board’s Audit and Compensation committees, while Mr. Price will be a member of the Audit and Strategy committees. “We are pleased to welcome Kristi Matus and Michael Price to Ambac’s Board of Directors,” said Jeffrey S. Stein, Chairman...

by BusinessWire

Insurance

Cost of Health Insurance Report 2023: Pacific Prime

June 26, 20234 min

Pacific Prime, an international health insurance brokerage, has released its Cost of Health Insurance Report 2023, highlighting a significant increase in premiums for individual and family plans worldwide. The report, based on data from 100 locations, indicates that 98% and 97% of surveyed locations experienced a premium increase in 2022 for individual and family plans, respectively. The report begins by ranking locations according to their average international private medical insurance (IPMI) premiums in 2022. The...

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