Insurance

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/Insurance

Insurance app Back Me Up launches

A brand new app-based insurance cover launches today to revolutionise the way Millennials protect their possessions and experiences.

/Insurance

Xenomorph secures HSBC funding

Xenomorph, a provider of data management technology to banks, investment managers and insurance companies, has announced a significant new funding agreement from HSBC.

/Insurance

LexisNexis Risk Solutions acquires Insurance Initiatives

LexisNexis Risk Solutions, part of RELX Group, today announces the acquisition of Insurance Initiatives, Ltd. (IIL), a business which provides a data distribution platform that extracts, hosts and processes large quantities of data to deliver information predominantly into the point-of-quote in the UK's Property & Casualty Insurance industry.

/Insurance

Insuretch startups look to improve customer service

New research, based on more than 1,300 start-ups from across the world focusing on the insurance industry, highlights the potential for start-ups to improve the industry, a new report out from Startupbootcamp InsurTech and PwC today shows.

/Insurance

Charles Taylor InsureTech inks software licencing agreement with Fadata.

Charles Taylor InsureTech has extended its insurance systems capability following a major software licencing and implementation agreement with Fadata.

/Insurance

Stratumn and Deloitte unveil blockchain-based micro-insurance PoC

Stratumn, Deloitte and Lemonway unveil LenderBot, the first micro-insurance proof of concept for the sharing economy. This partnership demonstrates the potential of new applications and services for the insurance market.

/Insurance

Ernst & Young acquires Innovalue

Professional services firm EY (Ernst & Young) is acquiring Innovalue, one of the leading strategic advisory firms for the insurance sector in Germany as well as for payments in Europe.

/Insurance

UniCredit, MasterCard and GoSwiff launch mPOS service for Allianz-Tiriac insurance agents

GoSwiff, a global financial solutions provider, announced today with UniCredit, one of the major financial institutions in Romania, and MasterCard, operating the world’s fastest payments processing network, a partnership to launch mobile payments in Romania.

/Insurance

Allianz pilots smart contracts for catastrophe swaps

Allianz Risk Transfer AG (ART) and Nephila Capital Limited (Nephila) announce that they have successfully piloted the use of blockchain smart contract technology for transacting a natural catastrophe swap.

/Insurance

PwC preps research into blockchain tech for wholesale insurance

PwC today announced it is launching a Long Finance research project into the potential of blockchain technology in wholesale insurance.

/Insurance

Insurer Selective taps Accenture for CRM

Accenture (ACN) has been chosen by Selective Insurance Company of America (Selective), a subsidiary of Selective Insurance Group, Inc. (SIGI), as its strategic Customer Relationship Management (CRM) service provider to help elevate the company’s customer service capabilities.

/Insurance

Align insures against customer losses from cross-border funds tranfers

Next-generation global payments provider Align Commerce today announced that it is enhancing protections for its small- and medium-sized business (SMB) clients sending payments internationally, by obtaining insurance to safeguard against losses as a result of a physical or cyber-security breach, theft, or operational errors and omissions.

/Insurance

Liberty launches global fintech challenge

In partnership with Matchi, Liberty is challenging the global FinTech community to enter their market-ready solutions into the Liberty FinTech Challenge 2016.

/Insurance

Shift Technology raises $10m to help insurers fight fraud

Shift Technology, a software-as-a-service platform that uses the latest advances in data science and machine learning to help insurers detect claims fraud, announces today a $10 million Series A investment led by Accel, with participation from previous investors Elaia Partners and Iris Capital.

/Insurance

Intertel enlists Red Box Recorders in fight against insurance fraud

Intertel, Inc., the leading medical canvassing firm in North America, has chosen Red Box Recorders as a key technology partner in the drive to combat insurance fraud.

/Insurance

Bain Capital and Vista Equity Partners agree to buy insurance tech firm Vertafore

Vertafore, the leader in modern insurance technology, today announced that funds affiliated with Bain Capital Private Equity and Vista Equity Partners have entered into a definitive agreement to jointly acquire the company from TPG Capital.

/Insurance

Msg Global establishes innovation lab in Toronto

msg global solutions, a Swiss-based provider of integrated technology and services to the global financial services industry, has established a presence in Canada with the opening of its office in Toronto.

/Insurance

Guidewire Software bags Hiscox deal

Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced it has entered into a long-term services agreement with international specialist insurer Hiscox (LSE: HSX).

/Insurance

Accenture and Apax Partners form insurance software JV

Accenture (NYSE:ACN) and Apax Partners, a leading global private equity firm, have agreed to form a joint venture to accelerate the innovation of claims, billing and policy administration software for the insurance industry.

/Insurance

Zurich Gruppe Deutschland signs for Guidewire InsuranceSuite

Zurich Gruppe Deutschland, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced that Zurich Gruppe Deutschland has selected Guidewire InsuranceSuite as its new platform for underwriting, policy administration, claims management, and billing.

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