The contract extension follows successful cooperation in Latin America and Iberia between FRISS and Munich Re’s Global Consulting Unit.
Led by Forte Ventures and Sandbox Insurtech Ventures, the round includes participation from the vendor’s existing investor, MassMutual Ventures.
Enhancements to the software provide an improved user experience and help insurers eliminate input errors, speed turnaround times and focus underwriting on profitable business.
This partnership is part of Sapiens’ strategy to help its customers better mitigate risk and reduce fraud, improve the customer journey for low-risk policies and claims, and make innovative InsurTech solutions easily available to its customers.
BuildFax data will enhance Verisk’s solutions, providing insurers with internal and external views of property risks and changes to buildings over time.
ALLFINANZ will help the company deliver auto-underwriting capabilities, create cost and process efficiencies in its Swedish insurance business, and improve its customers’ experience when applying for life insurance.
The MGA/TPA has deployed Majesco Policy and Billing for P&C and Majesco Insurance Data & Analytics Platform on Majesco CloudInsurer.
Created in collaboration with CLARA Analytics, the CMX platform uses AI to read claim notes on open files and enable North American insurers to process claims more efficiently.
InsureTech Connect’s co-founder explored topics such as M&A, non-traditional new entrants to insurance, the API economy, and the possibility of ‘invisible’ insurance in his opening remarks.
U.S. trade credit will be the first insurance line to be bound on the new risk exchange platform.