The funding will used to grow Clearcover’s insurance, product, and engineering teams, and will be used to double its overall headcount by next year.
Distribution
Bamboo Insurance Adopts Socotra’s Cloud-Native Core Platform
Socotra’s will serve as the single platform for all Bamboo products, as the InsurTech program manager seeks to expand into new states.
How Argo Group Innovates: Q&A with Ian Macartney
IIR talks with Ian Macartney about the specialty insurer/reinsurer has accelerated its transformation journey with grass roots innovation and an Enterprise Solution for digital transformation.
Catholic Order of Foresters Modernizes with WELIS Ascent Illustration System
The fraternal life benefit society sought an illustration platform that eased making changes, permitted self-service and was a highly scalable platform that made agents’ lives easier.
Arrowhead Tackles Commercial Insurance Process Complexity with Talage Wheelhouse
With Talage, the program administrator says it provides an easier quote-to-bind process for our agent partners who are solving insurance problems for customers seeking coverages for small business.
American Public Life Selects FINEOS for New Business & Underwriting
The cloud-based FINEOS Platform will enable the company to streamline and automate quoting, rating, and underwriting processes.
Majesco Adds New Capabilities in Distribution Management Platform
New generally available release includes features that provide major quality of distributor performance improvements for carriers looking to optimize and expand distribution channels.
London Underwriters Launches New InsurTech Bunch Insurance on INSTANDA Platform
The traditional wholesale brokerage harnessed INSTANDA cloud-native platform to launch brand-new commercial insurance program.
Next Insurance Raises $250M in Series E Financing Round
With the new round, led by FinTLV Ventures and Battery Ventures, Next has doubled its valuation in four months to $4 billion.
Guardian Life Partners with Atidot on New Insurance Models, CX
The collaboration is focused on creating a platform that deploys AI and machine learning to make insurance products and services easier for consumers to understand and buy.