Tag

InsurTech

How Is Howden Using Tech to Enhance Compliance and Client Growth?
FinTech Insurance
How Is Howden Using Tech to Enhance Compliance and Client Growth?

In today’s rapidly evolving financial and insurance sectors, the integration of advanced technologies has become crucial for maintaining compliance and driving client growth. Howden, a global insurance intermediary group, is a prime example of how embracing innovative technologies can significantly enhance operational efficiencies. Howden’s strategic partnership with FullCircl, leveraging the Acturis platform, aims to streamline compliance processes, enrich client data,

Read More
How Is Technology Changing Your Insurance Choices Amid Severe Weather?
FinTech Insurance
How Is Technology Changing Your Insurance Choices Amid Severe Weather?

The insurance landscape is rapidly evolving, significantly influenced by advancements in technology and the increasing frequency of severe weather events. Recent findings from the Insurity survey reveal that consumers are reevaluating their insurance priorities, favoring technological innovations and comprehensive coverage over traditional cost considerations. This article delves into the factors propelling these changes and the implications for both consumers and

Read More
Carpe Data and EverPeak Team Up to Revolutionize Underwriting Process
FinTech Insurance
Carpe Data and EverPeak Team Up to Revolutionize Underwriting Process

The evolving insurance landscape continues to embrace technology, and the recent partnership between Carpe Data and EverPeak Insurance is a pivotal example of this trend. EverPeak, a workers’ compensation solution pioneered by Pinnacol Assurance, has teamed up with Carpe Data to modernize and expedite its underwriting processes. This collaboration leverages Carpe Data’s Minerva platform, a cutting-edge predictive data solution, to

Read More
Chubb Unveils Customizable Insurance for Switzerland’s Wealthy Clients
FinTech Insurance
Chubb Unveils Customizable Insurance for Switzerland’s Wealthy Clients

Chubb has taken a significant step in addressing the sophisticated needs of affluent clients in Switzerland by unveiling its latest insurance product tailored specifically for high-net-worth individuals. The launch of Chubb Masterpiece Signature Insurance underscores the company’s ongoing efforts to deliver bespoke and comprehensive insurance solutions. This new offering is designed to serve as a tailored safety net for valuable

Read More
How Does PCF’s 360 Insurance Acquisition Shape the Market?
FinTech Insurance
How Does PCF’s 360 Insurance Acquisition Shape the Market?

The recent acquisition of 360 Insurance by PCF Insurance Services marks a significant milestone in the insurance brokerage industry. As PCF, one of the top 20 U.S. insurance brokerages, continues its growth trajectory through strategic mergers and acquisitions (M&A), this deal underscores its ambition to solidify its market position, particularly in the Las Vegas area. The move is not only

Read More
Nexus Underwriting Launches Advanced Alternative Risk Transfer Business
FinTech Insurance
Nexus Underwriting Launches Advanced Alternative Risk Transfer Business

Nexus Underwriting Group US has embarked on an ambitious new venture with the launch of an advanced Alternative Risk Transfer (ART) business. This new division aims to offer cutting-edge (re)insurance solutions that cater to complex risk management needs, particularly targeting Property, Liability, and Multi-line insurance. By positioning itself in this niche market, Nexus hopes to address the growing demand for

Read More
Tech Investments in Insurance Gain Favor Following Severe Weather
FinTech Insurance
Tech Investments in Insurance Gain Favor Following Severe Weather

The landscape of the insurance industry is undergoing a transformation fueled by increasing consumer expectations for technological advancements. As severe weather events become more frequent and destructive, policyholders are prioritizing technological efficiency in their insurance providers over cost, reshaping the competitive dynamics within the sector. This shift highlights the evolving preferences of consumers who now view advanced technology as a

Read More
How Will Carpe Data and EverPeak Transform Workers’ Comp Underwriting?
FinTech Insurance
How Will Carpe Data and EverPeak Transform Workers’ Comp Underwriting?

The partnership between Carpe Data and EverPeak Insurance is set to revolutionize the workers’ compensation underwriting process by leveraging the power of predictive data analytics. Carpe Data, a firm renowned for its innovative technological solutions, has joined forces with EverPeak Insurance, a dynamic newcomer to the market, to modernize and streamline underwriting functions. By strategically integrating Carpe Data’s Minerva platform,

Read More
How Does the Clearcover-ServiceUp Partnership Revolutionize Car Repairs?
FinTech Insurance
How Does the Clearcover-ServiceUp Partnership Revolutionize Car Repairs?

Clearcover, a tech-savvy insurance provider, and ServiceUp, a pioneer in automotive repair technology, have teamed up to revolutionize the car repair experience. This innovative partnership aims to streamline and significantly enhance the entire process for Clearcover policyholders, offering unprecedented convenience, efficiency, and a remote service model that reshapes traditional repair services. By integrating their respective technological platforms, Clearcover and ServiceUp

Read More
Why Is APOLLO Insurance Entering the Canadian Pet Insurance Market?
FinTech Insurance
Why Is APOLLO Insurance Entering the Canadian Pet Insurance Market?

APOLLO Insurance, a prominent player in the digital insurance sector in Canada, has launched a new product specifically for pet owners. This move, in collaboration with Petsecure, reflects the company’s strategic response to a growing demand for pet insurance and aims to alleviate the financial burden associated with unexpected veterinary expenses. With the rising number of pets in Canadian households,

Read More
How Can InsurTech Revolutionize Traditional Insurance Agencies?
FinTech Insurance
How Can InsurTech Revolutionize Traditional Insurance Agencies?

The insurance industry has long been anchored by traditional practices, especially within smaller agencies that are comfortable with paper-centric processes. However, as the landscape becomes increasingly competitive and customer expectations shift, maintaining old methods can hinder operational efficiency and growth. This article explores how InsurTech can revolutionize traditional insurance agencies, with a focus on the partnership between Skyline Insurance and

Read More
Are Insurers Meeting Fair Value Standards Amid FCA Scrutiny?
FinTech Insurance
Are Insurers Meeting Fair Value Standards Amid FCA Scrutiny?

The Financial Conduct Authority (FCA) has been intensifying its focus on the insurance sector, urging insurers and brokers to ensure their products deliver fair value and positive customer outcomes. This move stems from concerns about inadequate information sharing and a failure to clearly identify target markets. The FCA’s latest actions and guidelines are poised to reshape the industry’s approach to

Read More