LexisNexis Risk Solutions Opens Access to Global Telematics Exchange with Launch of Software Development Kit
- 6 years 6 months ago
- Risk Management, Insurance
In a major development for the global telematics market, insurance providers building their own customer-facing websites, apps and notifications for telematics programs can now simply and cost-effectively plug into the LexisNexis® Global Telematics Platform and build innovative applications with the launch of one of the first Software Development Kits (SDK) for the usage-based insurance market.
Ameritas Increases Business Agility and IT Security with Cisco Application Centric Infrastructure
- 6 years 6 months ago
- Insurance
Ameritas, a large insurance company headquartered in Lincoln, Nebraska, has selected Cisco® computing, networking and security technology as the foundation for upgrading its data centers. The goal of the infrastructure upgrade was to improve agility and operational efficiency while increasing IT security. Supporting close to 1000 applications, the new technology infrastructure has reduced capex by 30 to 40 percent in switching devices alone and... more
Hartford InsurTech Hub announces partnership with leading claims management firm, Crawford & Company
- 6 years 6 months ago
- Insurance
Hartford InsurTech Hub, powered by Startupbootcamp, announces a new partnership with Crawford & Company, the world's largest publicly listed independent provider of claims management solutions to insurance companies and self-insured entities. The partnership was formed through Crawford Innovative Ventures, LLC, an entity created by Crawford & Company in 2016 to invest in strategic acquisitions and partnerships.
World Finance Global Insurance Awards 2017
- 6 years 7 months ago
- Insurance
The insurance industry is in a state of flux. For one, it's adapting to a new era of risk, in which a cyber attack could be as economically damaging as a hurricane. On top of this, the modern tools of big data, mobile phones and advanced analytics are ushering in a new generation of products that can be tailored to each individual customer. Meanwhile, the usual pressures relating to digital developments are exacerbating the 'commoditisation' of... more
GFMI to Host the 2nd Edition Insurance and Pension Asset Allocation Conference on February 26-28, 2018 in New York, NY
- 6 years 7 months ago
- Insurance
This 2nd Edition GFMI conference will help insurers and pension providers to develop competitive asset management strategies to enhance the profitability of their investment portfolios. Join industry experts from MetLife, Prudential, Transamerica, AXIS Capital, Global Atlantic Financial Group, and many others and take away practicable asset-liability management (ALM) techniques to help optimize your assets within the investment portfolio. ... more
QIC chooses Sequel to deliver a single global risk exposure platform
- 6 years 8 months ago
- Insurance
Sequel, the leading insurance and reinsurance software specialist, has today announced that Qatar Insurance Company (QIC), the international insurance firm based in the Middle East, has chosen Sequel Impact to help its offshore energy team manage its global exposure to risk for their Lloyd’s Antares Syndicate, QIC and Qatar Re businesses.
Many Cyber Insurance Policies Will Leave Business Ransomware Victims Out of Pocket Key Costs of WannaCry and Similar Malware not Covered in Most Policies
- 6 years 8 months ago
- Insurance
Businesses are being warned to carefully check their cyber insurance policies and their appropriateness as many do not provide important cover for common attacks, such as the damage to revenue and profits from ransomware attacks. Analysis by Cyber|Decider, the cyber insurance comparison engine that covers policies accounting for 80% of the UK market, found that the variability of policies meant many businesses will be getting insurance that does... more
Synechron wins Global ACORD Insurance Innovation Award
Synechron, Inc, the global financial services consulting and technology services provider, has won the global ACORD Insurance Innovation Challenge Award for Industry Disrupter for 2017. ACORD, the global provider of insurance data standards, recognized Synechron’s Artificial Intelligence/Machine Learning Accelerator for Visual Risk at an event in Boston, the firm has announced today.
Zurich Reveals ‘Selfie’ App and FaceQuote to Encourage Financial planning
- 6 years 8 months ago
- Insurance
Leading insurer Zurich has today launched a ‘selfie’ app called FaceQuote to urge more people to think about and engage with their finances.
GlobalData: Lessons to be learned for innovative insurance propositions built on peer-to-peer model
- 6 years 9 months ago
- Insurance
UK insurtech and pioneering brand Guevara announced in September that it had closed down, creating a shockwave and offering lessons to be learned for innovative insurance propositions, particularly those built on a peer-to-peer model, according to GlobalData, a leading data and analytics company.
BNP Paribas Insurance Invests in Blockchain Startup Stratumn
Stratumn, a leading provider of network solutions securing processes between enterprises and their stakeholders through blockchain technology and advanced cryptography, announces today a raising from C. Entrepreneurs, the venture capital fund created by the insurer BNP Paribas Cardif in partnership with Cathay Innovation, as part of its extended Series A funding.
FidentiaX Introduces World's 1st Marketplace for Tradable Insurance Policies
- 6 years 10 months ago
- Insurance
Fintech start-up fidentiaX is in the developmental phase of creating the world's first marketplace for tradable insurance policies by disrupting the status quo by empowering policyholders to monetise policies on the blockchain.
AVIVA TO EXIT TAIWAN
- 6 years 10 months ago
- Insurance
Aviva plc (“Aviva”) today announces that it has agreed to sell its entire 49% shareholding in its joint venture in Taiwan, First Aviva Life (“Aviva Taiwan”) to Aviva’s joint venture partner, First Financial Holding Co. Ltd. (“FFH”). Following a strategic review of Aviva Taiwan, Aviva concluded that the business is not central to the group’s strategy to focus on markets where it can achieve scale and profitability or have a distinct... more
IBM Introduces Industry Platform Designed Specifically for Insurers
- 6 years 10 months ago
- Insurance
IBM (NYSE: IBM) today announced it is building an industry-first insurance platform on the IBM Cloud that aims to improve the processes and economics for new product development, underwriting, and benefits delivery.
Gen Re Names TrackActive as Collaboration Partner
- 6 years 10 months ago
- Insurance, Infrastructure
TrackActive, a digital health provider, has entered into a collaboration with reinsurer Gen Re to deliver innovation solutions to their life and health clients in the global insurance market.
