Neither enamored nor skeptical, insurers are prioritizing the technologies that help them to be competitive, with the pandemic showing they can be nimble when they need to be.
News & Analysis
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CogniSure Launches AI Platform for Commercial Loss Run Automation
The InsurTech, focused on providing actionable insights from unstructured insurance documents, has undertaken a pilot of its LossRun Insights solution with nine customers.
Canal Insurance Selects One Inc for Digital Payments
The insurer picked One Inc for expansive features and functionality it sought as part of an ongoing commitment to exceptional customer experience.
Nationwide Adds Mobile App to Nationwide Express Agent Platform
By scanning a driver’s license, agents can complete an auto quote in as little as 60 seconds and add a homeowners or renter’s policy with a single click.
Sapiens Partners with GreenRoad Technologies to Integrate Driver Risk Analysis
The partnership aims at enabling auto insurers to offer customer-centric services and harness joint risk-prevention solutions.
iPipeline Acquires IFS
The acquisition expands the SSG Digital Platform to include low-code/no code advisor products for onboarding, asset movement, maintenance and transitions.
HSB Extends Relationship with Cyberwrite
As part of the agreement with HSB, Cyberwrite has tailored its predictive algorithms to the HSB cyber insurance policy for optimized accuracy.
Next Insurance Raises $250M in Series D Financing
The round was led by Alphabet’s CapitalG fund, with participation from FinTLV and Munich Re, bringing overall capital raised to $631M.
ONE Insurance Selects Hyperscience to Boost Digital Applications Processing
The insurer will be able reduce manual keying and validation, improve data quality, and streamline application processing across their motor, home and personal liability lines.
Getaround Selects Snapsheet’s Claims Management Platform
The Snapsheet platform enables Getaround to expedite repairs and process claims, maximizing vehicle availability across its nationwide marketplace.