Co-founders Accenture and the Partnership Fund for New York City seek to meet rising demand for innovation among insurers and increasing numbers of entrepreneurs developing new solutions for the insurance industry.
Building on the success of the Menzis SamenGezond platform, the insurer sought dacadoo’s real-time data analytics and gamification expertise to relaunch the interface for members and non-members.
While a conservative approach can serve business well in some circumstances, in the current climate too much caution could lead to insurers being replaced by forward-thinking competitors and newcomers.
The GIA reports that it has steadily added new investors throughout 2016 and 2017, and recently completed what it calls its most globally-diverse cohort to-date.
Dryden Mutual has extended the implementation of InsuranceNow’s policy administration, claims management, and billing functionality to its personal lines of business.
In a market as highly competitive as insurance, no one can afford to lose the loyalty of direct customers or of brokers through not providing the level of digitalization they expect.
The capability is designed to let organizations quickly provide service agents with task-specific bots to simplify their work, increase productivity, and improve customer experience.
The ultimate cause of the recent spike in announcements by Telematics Service Providers is their identification of a wide range of opportunities to significantly monetize the related data.
The platform, to be deployed first in MetLife’s group benefits business, includes cognitive computing, data analytics and integration and security capabilities from IBM, and core life, annuities and group benefits technology from Majesco.
Tim McGee promoted to SVP, U.S. Programs Underwriting Officer; Franklin Maccotan Hired as VP, U.S. Programs.