Tagged: insurance

October 17, 2022 @ 11:27 pm By Omar Faridi  |  

Developed by Lockton’s Emerging Asset Protection (LEAP) team in collaboration with global custody insurers, the facility is supported by Lloyd’s syndicates, together with “highly rated” insurance companies. This provides Lockton clients with policy wording and full access to London market capacity, estimated today “to be… Read More

October 17, 2022 @ 9:47 pm By Omar Faridi  |  

Regional Insurtech Igloo, in partnership with e-commerce giant Shopee, introduced Home Content Insurance in Vietnam, the “first” comprehensive protection solution “for indoor assets, against unexpected events such as natural disasters and fire in the platform.” The Home Content Insurance is “underwritten by Bao Viet Insurance,… Read More

October 12, 2022 @ 10:07 pm By Omar Faridi  |  

Most of us might be spending around half of our lives at our workplaces, the team at Razorpay notes in a recent update. Razorpay points out that it might be better if our workplaces are “not just spaces that enhance professional growth, are fulfilling and… Read More

October 7, 2022 @ 1:13 pm By Omar Faridi  |  

bolttech, the Singapore-based international insurtech, announced it has completed the acquisition of a majority shareholding in PT Axle Asia, “an established insurance broker in Indonesia.” Axle Asia will “become a subsidiary of bolttech and be subsequently rebranded.” The addition of Axle Asia will “accelerate the… Read More

October 5, 2022 @ 3:08 pm By Omar Faridi  |  

Matrixport, which claims to be one of the world’s largest digital assets financial services ecosystems, has announced the securing of $50 million of insurance coverage for digital assets held “in cold storage with Cactus Custody, its institutional custodian.” In addition to enjoying additional insurance coverage,… Read More

October 2, 2022 @ 11:17 pm By Omar Faridi  |  

livi bank, Hong Kong’s lifestyle-driven virtual bank, is launching Travel Now, a simple and easy-to-apply travel insurance plan “to meet the needs of its Hong Kong customers as they decide to travel amid the relaxation of COVID-19 quarantine rules.” This is livi’s first general insurance… Read More

October 1, 2022 @ 9:46 pm By Omar Faridi  |  

One Inc, the payments network for the insurance industry, announced that Germania Insurance, the largest farm mutual insurance company in Texas, has selected One Inc’s ClaimsPay and PremiumPay products “for a fully integrated and digitized customer payment disbursement experience.” The implementation will “create a more… Read More

September 30, 2022 @ 4:57 pm By Omar Faridi  |  

CoverTree, an Insurtech MGA based in Michigan, partnered with Socotra, the core platform provider of choice for innovative insurers, “to launch easy and affordable insurance for owners, renters, and landlords of manufactured homes.” With Socotra, CoverTree can now “automate 92% of its applications with straight-through… Read More

September 22, 2022 @ 10:17 pm By Omar Faridi  |  

One Inc, the digital payments network for the insurance industry, announced that Wisconsin-based SECURA Insurance, has selected One Inc’s full suite of digital payment solutions PremiumPay® and ClaimsPay®, “for both inbound and outbound payments for one of its insurance products.” The result is seamless handling… Read More

September 20, 2022 @ 11:15 pm By Omar Faridi  |  

CoverTree, one of the first ever digital insurance solution for residents of manufactured homes, announced the launch of insurance coverage in Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and Tennessee “after raising a total of $10 million in venture funding.” The $10 million seed round… Read More

September 19, 2022 @ 9:05 pm By Omar Faridi  |  

One Inc, the digital payments network for the insurance industry, announced that Florida-based property insurer Tower Hill Insurance Group has selected One Inc’s outbound payment solution, ClaimsPay, “to streamline and improve digital payments processing for its customers.” The implementation of ClaimsPay will “enhance the outbound… Read More

September 5, 2022 @ 2:24 pm By Omar Faridi  |  

Paper, which claims that it is focused on bringing the insurance industry into the 21st century, has secured 101% (£152,615.27) of its £152,000.00 target (at the time of writing) via Crowdcube from 102 investors and has 16 days left in its crowdfunding campaign. Located in… Read More

September 5, 2022 @ 8:39 am By Omar Faridi  |  

Amazon Web Services (AWS), an Amazon.com company, announced international insurtech bolttech has built a new customer support platform on AWS “to enhance services for more than eight million customers in 30 markets globally.” Singapore-based bolttech “connects insurers, distributors, and customers to make it easier to… Read More

September 4, 2022 @ 11:35 am By Omar Faridi  |  

Insurtech Fairmatic “destealths” a unique offering that pioneers an unconventional approach to fleet insurance — “focused on enabling savings for safer fleets and improving road safety for all.” Fairmatic is led by a team “including former Allstate President Jamie Trish, as its President of Insurance,… Read More

August 29, 2022 @ 8:35 am By Omar Faridi  |  

Embedded finance Fintech Railsr, previously doing business as Railsbank, has entered a new partnership with specialist insurance intermediary Elmore. Via the collaboration, Elmore will aim to offer “specialist” Fintech insurance for Railsr’s client internationally, with products that offer protection against operational risks, and which also… Read More

August 22, 2022 @ 10:07 pm By Omar Faridi  |  

Pie Insurance, an Insurtech company specializing in workers’ comp insurance for small businesses, recently appointed two executives to its leadership team. Ekta Aggarwal joins the company “as chief product officer” and Erin Mesick joins “as vice president of finance.” Both Aggarwal and Mesick will “leverage… Read More

August 22, 2022 @ 9:12 pm By Omar Faridi  |  

Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises, recently announced the addition of Julia Cederroth as senior director of reinsurance. This new position “empowers policyholders by helping to build cyber resiliency and close insurability gaps as part of Cowbell’s reinsurance solutions.”… Read More

August 22, 2022 @ 9:22 am By Omar Faridi  |  

The Association of Insurance Compliance Professionals welcomes Stacy Koron, Ethos’ Head of Compliance, and Machael Heise, Insurance Product Manager, to their leadership team. At Ethos, they are “constantly looking for ways to raise the ‘status quo’ and lead the industry on what life insurance for… Read More

August 16, 2022 @ 9:37 am By Omar Faridi  |  

Socotra, the modern core platform provider for innovative insurers, recently announced that twelve established insurance technology providers have joined Socotra App MarketPlace “to publish modern software apps connected to Socotra policy core, making the platform the fastest way for insurers to bring new products and… Read More

August 8, 2022 @ 10:50 pm By Omar Faridi  |  

Liminal, a wallet operations infrastructure, recently unveiled “an additional protection for customers.” The insurance covers Liminal’s backup keys, which “serve as a fail safe to recover lost Liminal keys.” Canopius, a global specialty (re)insurer and Lloyd’s of London syndicate, “wrote the $50 million policy, which… Read More