Blink Parametric, a leading provider of real-time parametric insurance solutions, has entered into a global agreement with MAWDY to meet the ever-growing demand for real-time travel insurance services. This partnership aims to provide swift and immediate claim resolutions to travelers in need, revolutionizing the way travel insurance is handled. Real-Time Parametric Platform At the core of this collaboration is Blink
Blink Parametric, a leading provider of real-time parametric solutions, has recently announced a partnership with MAWDY, a global insurance, reinsurance, and services company affiliated with the renowned MAPFRE Group. This collaboration aims to integrate and deliver real-time parametric travel insurance solutions across the extensive MAWDY network, revolutionizing the travel insurance industry. Integration of Parametric Travel Insurance Solutions The agreement between
Insurtech company Lexasure has recently announced its upcoming launch of a cutting-edge business-to-business (B2B) risk management portal for general reinsurance. The portal, named Atlas, aims to revolutionize the reinsurance industry by offering innovative features built on the powerful LexasureCloud 1.0 platform. With its exclusive reinsurance-as-a-service (RaaS) function, Lexasure believes Atlas will enhance underwriting outcomes and provide insurers with a significant
Dai-ichi Life Holdings Inc. and YuLife Limited have joined forces to introduce the innovative YuLife Wellbeing Model in Japan. This collaboration marks the first step towards implementing the model since Dai-ichi Life invested in the UK-based InsurTech startup. The pilot project aims to pioneer groundbreaking life insurance products and services by leveraging the power of technology and behavioral sciences. Background
11Onze, a prominent European fintech company, has ventured into the vehicle insurance sector through an exciting partnership with Mussap, a mutual insurance company serving the Catalan community in Spain. Building on the success of their recently launched home insurance product, 11Onze has identified the need for a fair and cost-effective option for vehicle insurance among their community members. With a
The California FAIR Plan, through the Fair Access to Insurance Requirements (FAIR) Plan, has partnered with ZestyAI, a leading provider of property intelligence, to utilize ZestyAI’s innovative Z-FIRE wildfire risk analytics tool. This collaboration aims to revolutionize the assessment of wildfire threats in California, offering more accurate risk assessment and tailored premium rates for policyholders. The Purpose of the Union
Leading insurance core technology provider Socotra has recently made headlines as it steps into its role as the title sponsor of InsureTech Connect 2023 in Las Vegas. This significant move comes on the back of the company’s aggressive growth and steady recognition for its efforts within the insurance industry. Socotra’s commitment to delivering innovative solutions, exceptional customer experiences, and operational
In a breakthrough move, Shippo, the leading shipping and logistics platform, has introduced Shippo Total Protection, a game-changing solution that provides merchants with comprehensive protection, global coverage, and seamless claims handling. This enhanced insurance offering opens up a world of possibilities for Shippo’s vast network of 100k+ merchants, enabling them to cover not only an order’s total value but also
The Israeli InsurTech Accelerator program has emerged as a transformative force, driving innovation and propelling the growth of startups within the country. It has established Israel as a thriving hub for InsurTech, with nearly 200 active startups and an impressive lineup of six unicorn companies. This accelerator program has not only fostered an environment of innovation but has also facilitated
Insurtech startup QuoteWell has emerged from stealth mode, unveiling its “innovative” approach to the insurance industry. Led by CEO and Founder Joey Bouchard, the company aims to address the underserved segment of the insurance industry while leveraging the power of technology. QuoteWell’s unique semi-automated approach combines human expertise with advanced technological solutions, promising to streamline processes and deliver exceptional outcomes.
The United States has a large and intricate insurance system that plays a crucial role in safeguarding individuals and businesses from various risks. However, insurance policies, especially those relating to health and property insurance, have become notorious for their complexity. In response to these challenges, insurtech firms are utilizing advanced data analytics and artificial intelligence (AI) to simplify insurance plans,
Cutting-edge travel insurance provider battleface has announced an exciting new partnership with Stella Insurance, an Australian company created by and for women. This strategic collaboration aims to revolutionize the travel insurance industry by offering a customizable and seamless travel experience through battleface’s modular API functionality and Stella Insurance’s innovative digital approach. Strategic Collaboration The partnership between battleface and Stella Insurance
