MS&AD’s participation in Hippo’s July Series E round led to the companies seeing alignment in their visions for the growth and the role that InsurTech can play in it.
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Omniscience Launches OmniExtract to Speed Life Insurance Risk Selection
The solution enables automated, rapid, and sophisticated life insurance underwriting decisions about new customers, regardless of whether the potential insured has a complex history.
Metromile Announces Plan to Go Public
The pay-per-mile auto insurance pioneer will go public by merging with INSU II, a publicly-traded special purpose acquisition company sponsored by Cohen & Company.
Nationwide Names Laura Titas Chief Data Officer
Titas joins Nationwide from Wendy’s, where she was chief digital experience and technology officer, leading the company’s global technology center of excellence.
Startup Home Insurer Luko Adopts Shift Technology Solution to Fight Fraud
Luko, which predicts which claims may be filed and engages policyholders to adopt best practices to avoid them, also relies on technology to shorten the claims process.
Zywave Acquires Insurance Technologies Corporation
Zywave says the acquisition makes it the only provider to offer front-office solutions for independent insurance agencies across all lines of business.
Pekin Life Integrates iPipeline Automated Underwriting with iGO e-App for Instant Decisioning
The insurer’s use of the vendor’s Resonant New Business and Underwriting into its new business platform has accelerated sales during the COVID-19 pandemic.
Bluefire Insurance Implements insured.io for Customer Engagement
The new platform consolidates Bluefire’s customer experience across multiple core administration systems.
Guidewire Debuts ‘Autopilot’ for Automation-First Claims Approach
Speaking at Connections 2020, Diego Devalle, Guidewire’s Chief Product Development Officer, said that Autopilot seeks to flip a highly manual claims model to make manual processes the exception.
Guidewire CEO Stresses Cloud Journey in Connections Keynote
In his virtual presentation, Mike Rosenbaum spoke of the momentum of Guidewire’s cloud journey and addressed how the company has fulfilled its commitment to deliver new releases biannually, first with Aspen in June and Banff in November.