EIS Customer Compass Report Finds Less than Half of Consumers Trust Insurers to Respond to Their Basic Needs
- 4 years 2 months ago
- Insurtech
EIS, a core and digital platform provider for insurers, today announced the findings of its first-ever Customer Compass Report. The report found that, despite the insurance sector investing nearly $28 billion on customer experience, less than half of global respondents (49%) feel their insurance provider will be responsive to their basic needs.
Instanda Launches New Marketplace, Allowing Insurers Access to Over 200 Integrated Platforms
- 4 years 2 months ago
- Insurtech
Today, INSTANDA, the leading end to end digital platform for the insurance industry, announces the launch of its integration marketplace, a virtual marketplace that allows insurers to pick and choose pre-integrated technology solutions.
Superscript Secures Further £8.5 Million to Scale its Small Business Insurance Offering
- 4 years 2 months ago
- Insurtech, Investment
Superscript, the business insurance challenger, has announced a new £8.5 million fundraise, led by existing investor, BHL Holdings, alongside investment from the Government's Future Fund, Seedcamp, Concentric and the London Co-Investment Fund.
INSTANDA Taps Into Insurance Marketplace in Africa
- 4 years 3 months ago
- Insurtech
INSTANDA, the leading customer and policy management platform for the insurance industry, has successfully launched its first African insurance market product on its platform with newly-onboarded client, Standard Bank South Africa. INSTANDA has worked closely with Standard Bank Insurance to enable them to launch a new commercial cyber insurance product. After just one week of training, Standard Bank Insurance started working on the product... more
Insurance Brokers, Thompson Insurance, Reap the Benefits of Moving to the Cloud
- 4 years 3 months ago
- Insurtech
Independent insurance broker, Thompson Insurance, has future-proofed its business by moving its IT infrastructure to the cloud, simplifying back up and access to critical data and enabling employees to work from home during the coronavirus lockdown.
State Street and SimCorp Partner to Provide Front-to-Back Investment Outsourcing Solution for EMEA Insurers
- 4 years 3 months ago
- Insurtech
State Street Corporation (NYSE: STT) and investment management solutions and service provider, SimCorp (OMXC25: SI
Insurers at Risk of Disconnect From Customers if Mediocre IT Systems Persist, Says INSTANDA
- 4 years 3 months ago
- Insurtech
INSTANDA, the leading customer and policy management platform for the insurance industry, has today revealed the findings of The Insurance Disconnect, a deep dive into the sentiment of senior insurance leaders in the UK towards the capabilities of their existing IT systems.
FinTech Association Launches Hong Kong’s First Dynamic InsurTech Ecosystem Map
- 4 years 4 months ago
- Insurtech
The InsurTech Committee of the FinTech Association of Hong Kong [FTAHK] is pleased to announce the launch of Hong Kong’s first interactive InsurTech map, capturing Hong Kong’s vibrant InsurTech ecosystem on a single page.
Blink Parametric Collaborates with Lloyd’s Lab to Develop Commercial Sector Offering
- 4 years 4 months ago
- Insurtech
CPP Group’s insurtech business, Blink Parametric, has announced that it will be working with Lloyd’s of London to design its first parametric proposition for commercial insurance lines. Blink recently confirmed its selection onto the fifth cohort of the prestigious Lloyd’s Lab innovation accelerator programme. The 10-week programme started on Monday (7th September) with Blink having a specific focus on new insurance products and markets.
INSTANDA and Capco Partner to Accelerate Digital Transformation in the Insurance Industry
- 4 years 4 months ago
- Insurtech
INSTANDA, the leading customer and policy management platform for the insurance industry, and Capco, the global management and technology consultancy, and have today announced a new partnership that leverages technology and data to further accelerate ongoing digital transformation in insurance.
CommerzVentures invests $6mn into Concirrus
- 4 years 6 months ago
- Insurtech, Investment
Leading specialty analytics insurtech, Concirrus has today announced that CommerzVentures has made a $6 million investment into the business.
Altaworld Announces Insurance Tech Virtual Conference with All Women Speaker Panel
- 4 years 7 months ago
- Insurtech
Altaworld announced all women speaker panel for its upcoming Women in Insurance Tech Virtual Conference celebrating insurance industry's foremost women of influence and leadership. All women speaker panel consist leader from companies such as Cover Genius, Auto Club Group, OCC, Anthemis, Akur8 and more. Scheduled to be hosted virtual on 29 July 2020, the conference will bring 100+ decision makers, both men and women, to learn lessons, forge... more
Insurtech startup Inclusivity Solutions Secures US$1.3 million
- 4 years 7 months ago
- Insurtech
Inclusivity Solutions, the company that designs, builds, operates and innovates digital insurance solutions, has secured an additional US$ 1.3 million in its second tranche of its Series A round, bringing the total Series A round to US$2.6m. Following on from their first tranche investment, the uMunthu fund, managed by Goodwell Investments, led the round with follow-on investment from UW Ventures (in partnership with Allan Gray). MFS Afr
Trustly to power payments for Folksam’s new student insurance
Trustly is pleased to announce a new partnership with Folksam, one of the largest insurance companies in Sweden. Together, Folksam and Trustly will make it more convenient for students to pay for their insurance and receive their claims payouts directly to and from their online bank account. Today’s students are digital natives, and so to cater to their preferences, Folksam has developed a digital-only student insurance in its FutureLab, its... more
Digital transformation in insurance - what the industry should learn from remote response to Covid-19
he digital tools that allowed the UK to switch to remote working in response to Covid-19 were already part of our everyday lives, writes Tim Hardcastle, CEO and co-founder of INSTANDA. The insurance industry should take note. “The famous proverb “necessity is the mother of invention” – often incorrectly attributed to Plato – doesn’t hold true during this unprecedented period of the Covid-19 pandemic.
