Novidea, the renowned creator of a cloud-based, data-driven enterprise insurance management platform, has announced a significant new release of its award-winning software. This latest update showcases Novidea’s dedication to continuous innovation and maintaining a competitive edge in the industry. The release introduces a range of enhancements designed to propel insurance organizations forward, enabling them to expand their businesses, explore new
NEXT Insurance, a leading insurtech company, recently achieved a significant milestone by surpassing 500,000 active small business customers. This accomplishment reflects the company’s unwavering commitment to simplifying insurance for entrepreneurs. With a focus on leveraging technology and providing a seamless customer experience, NEXT Insurance has captured the trust and loyalty of small business owners across various industries. Impressive growth numbers
Duck Creek Technologies, a leading provider of insurance software solutions, has announced its exciting partnership with ICEYE, a global provider of natural catastrophe solutions and insights. This collaboration aims to leverage ICEYE’s reliable earth observation data to strengthen disaster response efforts and reduce costs for policy and claims users on the Duck Creek platform. With the growing risks associated with
Arturo, the esteemed property intelligence company, has unveiled its highly anticipated claims module, promising to transform and streamline the insurance industry’s claims processes. By harnessing the power of artificial intelligence (AI), this innovative module empowers carriers to prioritize claims efficiently, proactively engage with customers, assess damage caused by natural disasters, and gauge the potential financial impact on their entire portfolio.
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
