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MAPFRE RE Issues $125M Catastrophe Bond to Enhance U.S. Protection
December 17, 2024
MAPFRE RE Issues $125M Catastrophe Bond to Enhance U.S. Protection

MAPFRE RE has successfully structured its first catastrophe bond issuance, a significant step in enhancing its retrocession protection against natural disasters. Issued by Recoletos Re DAC, an Irish special-purpose vehicle, this Series 2024-1 bond provides multi-year coverage from January 2025

MIS’s GEO Platform Revolutionizes Insurance with Real-Time Intelligence
December 16, 2024
MIS’s GEO Platform Revolutionizes Insurance with Real-Time Intelligence

McKenzie Intelligence Services (MIS) has reached a significant milestone with its groundbreaking Global Events Observer (GEO) platform, which has emerged as a transformative tool in both geospatial intelligence and insurance technology. Since its inception in 2021, GEO has issued over

GoAuto Modernizes Payments with One Inc’s Digital Solutions
December 16, 2024
GoAuto Modernizes Payments with One Inc’s Digital Solutions

In a strategic move to modernize its insurance payment processes and enhance overall policyholder satisfaction, GoAuto Insurance has implemented One Inc’s ClaimsPay® and PremiumPay® products. This partnership will introduce a fully integrated and digitized payment experience for its policyholders. GoAuto

GFT and Databricks Partner to Revolutionize AI in Financial Services
December 13, 2024
GFT and Databricks Partner to Revolutionize AI in Financial Services

The strategic partnership between GFT, a global digital transformation firm, and Databricks, a data and AI company, marks a significant step towards revolutionizing AI integration within the finance and insurance sectors in North America. A stunning revelation highlighted that approximately

Insurers Gain Enhanced Climate Insights with Cytora and Pelmorex Partnership
December 13, 2024
Insurers Gain Enhanced Climate Insights with Cytora and Pelmorex Partnership

Navigating the increasing complexities of climate-related risks, commercial property insurers now have more tools at their disposal, thanks to an innovative partnership between Cytora, a digital risk processing platform, and Pelmorex Corp, a global weather information and data management firm.

GFT and Databricks Boost AI for Financial Institutions in North America
December 13, 2024
GFT and Databricks Boost AI for Financial Institutions in North America

In an era where the financial and insurance sectors are under increasing pressure to integrate AI for enhanced efficiency and customer satisfaction, GFT has teamed up with Databricks to provide cutting-edge AI capabilities. This collaboration aims to assist insurers and

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MAPFRE RE Issues $125M Catastrophe Bond to Enhance U.S. Protection
December 17, 2024
MAPFRE RE Issues $125M Catastrophe Bond to Enhance U.S. Protection

MAPFRE RE has successfully structured its first catastrophe bond issuance, a significant step in enhancing its retrocession protection against natural disasters. Issued by Recoletos Re DAC, an Irish special-purpose vehicle, this Series 2024-1 bond provides multi-year coverage from January 2025

MIS’s GEO Platform Revolutionizes Insurance with Real-Time Intelligence
December 16, 2024
MIS’s GEO Platform Revolutionizes Insurance with Real-Time Intelligence

McKenzie Intelligence Services (MIS) has reached a significant milestone with its groundbreaking Global Events Observer (GEO) platform, which has emerged as a transformative tool in both geospatial intelligence and insurance technology. Since its inception in 2021, GEO has issued over

GoAuto Modernizes Payments with One Inc’s Digital Solutions
December 16, 2024
GoAuto Modernizes Payments with One Inc’s Digital Solutions

In a strategic move to modernize its insurance payment processes and enhance overall policyholder satisfaction, GoAuto Insurance has implemented One Inc’s ClaimsPay® and PremiumPay® products. This partnership will introduce a fully integrated and digitized payment experience for its policyholders. GoAuto

GFT and Databricks Partner to Revolutionize AI in Financial Services
December 13, 2024
GFT and Databricks Partner to Revolutionize AI in Financial Services

The strategic partnership between GFT, a global digital transformation firm, and Databricks, a data and AI company, marks a significant step towards revolutionizing AI integration within the finance and insurance sectors in North America. A stunning revelation highlighted that approximately

Insurers Gain Enhanced Climate Insights with Cytora and Pelmorex Partnership
December 13, 2024
Insurers Gain Enhanced Climate Insights with Cytora and Pelmorex Partnership

Navigating the increasing complexities of climate-related risks, commercial property insurers now have more tools at their disposal, thanks to an innovative partnership between Cytora, a digital risk processing platform, and Pelmorex Corp, a global weather information and data management firm.

GFT and Databricks Boost AI for Financial Institutions in North America
December 13, 2024
GFT and Databricks Boost AI for Financial Institutions in North America

In an era where the financial and insurance sectors are under increasing pressure to integrate AI for enhanced efficiency and customer satisfaction, GFT has teamed up with Databricks to provide cutting-edge AI capabilities. This collaboration aims to assist insurers and

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