InsurTech Startup Trov Closes $45 Million Series D Financing
- 7 years 8 months ago
- FinTech StartUps, Insurance
Today Trov, the advanced technology company revolutionizing insurance for the tech-empowered consumer, reported that it has closed $45 million in Series D funding led by Munich Re / HSB Ventures, bringing its total funding to just over $85 million.
Beta Systems Partners KPMG to Offer Identity and Access Governance Service Range
- 7 years 8 months ago
- Non-Financials
Beta Systems IAM Software AG and KPMG AG Wirtschaftsprüfungsgesellschaft forged an alliance to cooperate closely on identity & access governance projects by linking the technological expertise of Beta Systems with the specialist know-how of KPMG. This will allow KPMG and Beta Systems to offer clients with technical consulting and software, provided by Beta Systems, with the auditing, tax and security knowledge of KPMG.
Otherwise Raises €1.6 Million to Boost Growth
- 7 years 8 months ago
- Platform Technology, Insurance
Otherwise, France’s first peer-to-peer insurance platform, renovates insurance, followed by launches of the first P2P health insurance product digital, fair and community-driven.
Dominance of AI and IoT in InsurTech Startup Funding
- 7 years 8 months ago
- IT Innovations, Insurance
As new Accenture research demostartes Artificial intelligence (AI) and the internet of things (IoT) now comprise almost half of total investment in insurance technology (insurtech) startups worldwide. The research, which includes new analysis of CB Insights data on 450 insurtech deals over the last three years, appears in a new Accenture report titled “The Rise of InsurTech.” The report was released today in conjunction with Accenture’s Fintech... more
ILPA Unveils Phase II of Private Equity Transparency Initiative
- 7 years 8 months ago
- Non-Financials
Fifteen months after the Institutional Limited Partners Association (ILPA) published the first private equity industry standard template for reporting fees, expenses and carried interest to limited partners, the organization today announced the second phase of the initiative which will focus on supporting global implementation. This phase will leverage existing LP and GP experience with the ILPA Reporting Template (the "Template") to bolster... more
AIA Group selects Eagle to Establish Enterprise-Wide IBOR Solution
- 7 years 9 months ago
- Insurance
Eagle Investment Systems LLC, a BNY Mellon company, has been selected by AIA Group in regards with AIA’s establishment of an Investment Book of Record (IBOR) and consolidation of the firm’s investment management data sources onto one platform. AIA will implement Eagle’s data management platform, inclusive of managed services, which will be deployed over Eagle ACCESS, a secure private cloud. Hong Kong headquartered AIA is the largest independent... more
AIA, Allianz and Manulife Discuss Blockchain Applications for Insurance
- 7 years 9 months ago
- Blockchain, Insurance
AIA and Allianz have now confirmed that they will join Manulife to discuss insurance applications for blockchain technology at the Blockchain for Finance Conference in Singapore on June 20-21. With a continued focus from insurers to modernize their organizations through the adoption of digital solutions, this discussion will provide you with a unique opportunity to hear where this technology could be utilized within the insurance sector. They... more
ADNIC selects IMSplus to manage insurance investment operations
- 7 years 9 months ago
- IT Innovations, Insurance, Infrastructure
Today Profile Software, an international financial solutions vendor, revealed that Abu Dhabi National Insurance Company (ADNIC) in the UAE, one of the leading regional multi-line insurance providers for corporates and individuals, is using the IMSplus Insurance Investment Management solution to achieve operational efficiency of its investment management operations.
Tieto and Folksam extend partnership to boost IT operations
- 7 years 9 months ago
- IT Innovations, Insurance, CRM
Folksam and Tieto continue to develop their partnership with an outsourcing agreement under which Tieto takes over the responsibility for Folksam’s IT operations in Östersund, Sweden. The agreement includes that Folksam IT operations employees in Östersund will be offered employment within Tieto. This will further strengthen Tieto's position in the Swedish market and will add valuable expertise in application management and consulting services.
SSP Inks Contract with Bexhill UK
- 7 years 9 months ago
- IT Innovations, Financial, Insurance
Insurance technology specialist SSP announced today that it has partnered with Bexhill UK in the premium finance company's first software house integration. The addition of Bexhill UK to SSP's integrated premium finance panel provides brokers with more premium finance options for their customers. Premium finance enables customers to spread the cost of their insurance premiums and budget more effectively.
FinLeap to build a digital insurance platform
- 7 years 9 months ago
- IT Innovations, Insurance
Company builder FinLeap is committed to reshape the insurance industry. The company is introducing a fully digital platform, going upstream in the value chain to custom-build the very core of insurance and enable products and services that meet demands of the modern age.
Guidewire Survey Helps Insurers Understand Customers Better and Respond Accordingly
- 7 years 9 months ago
- Insurance
Guidewire Software survey finds 60% of UK renters have no contents insurance Guidewire Software, Inc., a provider of software products to general insurers, today announced that Generation Rent is not adequately clued up about insurance, and that the majority do not have insurance, or even know if their landlord is insured. These are key findings identified in a survey commissioned by Guidewire to help insurers understand better, and respond to... more
Maersk and Ericsson With Plug and Play Released Supply Chain & Logistics Program
- 7 years 9 months ago
- Supply Chain Operations, Logistics
In partnership with founding partners Maersk and Ericsson, Plug and Play is launching their newest program, Plug and Play Supply Chain & Logistics.
Study reveals:Insurance companies could unlock $1.63 trillion in revenue over the next two years through harnessing digital technologies
- 7 years 9 months ago
- Insurance
Insurance companies are facing unprecedented challenges and opportunities where digital is no longer just a new way to package and sell traditional concepts, but something that will redefine the industry at its core.
Two-thirds of insurers and aggregators neglect mobile and tablet users
- 7 years 9 months ago
- IT Innovations, Financial, Insurance
Dock9, an award-winning financial experience design agency, today unveils the findings of its annual Insurance User Experience (UX) report. After researching the major UK insurers and aggregators, it found out that more than 1 in 4 are neglecting mobile and tablet users (28%) by failing to design websites for these devices. Those that do, nearly two-thirds, are not touch-optimized (57%). This means customers have a longer quote-to-buy journey... more
