The insurance industry, like many others, is undergoing a significant transformation with the upcoming implementation of Blueprint Two. As industry players gear up for this shift, brokers find themselves at the forefront of discussions. The main focus of the discourse has been the readiness of brokers to embrace the first phase of Blueprint Two, with a mandated deadline of July
Norton Rose Fulbright, a global law firm, is currently inviting entries for its seventh Insurathon, an illustrious competition that fosters innovation in the InsurTech sector by supporting start-up and scale-up technology businesses. This initiative is not just a contest; it is a cradle of technological advancements in the insurance industry, pushing the boundaries of what is possible. Support for Start-up
Global law firm Norton Rose Fulbright has opened the doors to its seventh Insurathon competition, offering support and investment to start-ups and scale-ups in the insurance sector. The competition aims to foster technological advancements and innovation within the industry, providing a platform for emerging businesses to showcase their ideas and solutions. Past Support and Investment Since the launch of the
Newgen, a leading provider of content services and digital transformation solutions, has recently announced the availability of their state-of-the-art Guidewire Cloud-validated accelerators on the Guidewire Marketplace. This collaboration between Newgen and Guidewire opens up a world of possibilities for users of Guidewire ClaimCenter and PolicyCenter on Guidewire Cloud, offering them enhanced experiences and improved efficiency in their daily operations. Collaboration
Erie Strategic Ventures, the venture capital arm of Erie Insurance, has recently announced investments in three innovative startups operating in the personal and commercial insurance value chain. This move reinforces the company’s commitment to supporting technological advancements and enhancing the insurance experience for its customers. The investments span across tech-enabled pet wellness and insurance, AI-powered insurance operations, and digital estate
North Star Mutual, a leading insurance company, made a significant stride in underwriting by deploying Kalepa’s Copilot in June of 2023. The implementation of Copilot has revolutionized their underwriting processes across property, liability, and umbrella lines of business. This article delves into the impact of Copilot on North Star Mutual’s underwriting operations and its commitment to providing long-lasting coverage for
The Canadian Automobile Association (CAA) has joined forces with Securian Canada to introduce a new range of life, health, and dental insurance solutions. This partnership aims to provide CAA’s membership base of over seven million members with innovative insurance products and a digital-first customer experience. The collaboration between Securian Canada and CAA aims to bring forth a suite of insurance
Qover, a leading InsurTech company, has recently announced the launch of its groundbreaking motor insurance solution in the United Kingdom. This innovative platform enables car manufacturers to provide digital insurance programs across Europe. With this expansion, Qover now operates in Austria, Belgium, Denmark, France, Germany, the Netherlands, Portugal, Spain, and the UK, making it the ninth country where they orchestrate
In a strategic move to strengthen its position in the insurance and student loan markets, Getsafe, Europe’s leading neo-insurer based in Germany, has announced the acquisition of deineStudienfinanzierung, the country’s number one digital platform for student loans. The deal solidifies Getsafe’s commitment to offering innovative financial solutions directly to its customers, bypassing the traditional broker model. Getsafe’s Direct Acquisition Model
Verisk, a leading data analytics provider, has recently acquired Rocket to bolster its position in Europe and advance its objective of providing insurers and claims service providers with comprehensive data and technology tools. This acquisition holds great significance for both Verisk and the insurance industry as a whole, as it aims to elevate the claims experience and enhance efficiency through
Blink Parametric’s Flight Disruption Solution Introduced to the MAWDY Leading travel insurance brand, InsureandGo Ireland, is set to enhance its offerings by implementing Blink Parametric’s innovative flight disruption solution. This parametric-powered benefit will apply to customers of InsureandGo’s single trip and annual multi-trip travel insurance plans, providing them with automatic notifications and a choice of benefits in the event of
Foxquilt, a leading North American company specializing in embedded small business insurance technology, is thrilled to announce a strategic and long-term capacity relationship with global specialty insurance provider Markel. This partnership marks a significant step forward in revolutionizing the small business insurance industry by combining Foxquilt’s innovative technology and Markel’s deep knowledge and expertise. Foxquilt’s Underwriting Platform Foxquilt distinguishes itself
