Pfeifer’s appointment comes month after announcement it had secured $16.4 million in funding and acquired assets related to administration of warranty programs from Affinity Insurance Services, Inc.
The company also promotes three Retirement, Benefits, and Life division executives to senior vice president.
The firm will phase out the Esurance brand during 2020 and redirect funding to drive increased policyholder engagement and create greater customer value.
Novarica’s recent study shows overall IT spending ratios inching upward as insurers invest in greater speed-to-market, ease of doing business, and improved digital and data/analytics capabilities.
The companies plan to launch a product in the U.S. during the first half of 2020, with the aim of a future global offering.
Michael Day will assume the role of President & CEO while the parent company, Topa Equities, Ltd. begins a search to fill Donahue’s role.
The P&C insurer sought a solution to automate the creation of more consistent, personalized, compliant and accurate communications for multiple channels.
Tower was able to introduce new motor and home and contents products on EIS Group’s fully digital, cloud-based policy, billing and claims platform within 18 months.
Wilson describes the direct-to-consumer life insurance distribution startup’s mission as defining a new era of life insurance, one built with ethics, technology, and simplicity at its core.
The company’s cooperation gives Microsoft customers access to on-demand, cloud-based cyber insurance for the first time.