Taking an “open insurance” approach, the acquisition lays the foundation for the industry’s first front-to-back architecture to power the entire insurance value chain and better serve carriers.
Distribution
GuideOne Names Paul Knutson SVP Alternative Distribution and Reinsurance
The appointment adds development and execution of strategy for programs and E&S casualty market segments to Knutson’s current responsibilities for reinsurance purchasing.
Commercial Lines Distribution: Agencies and Carriers Diverge on Digital Investment Priorities
Despite agents and brokers becoming increasingly satisfied with digital sales and servicing offerings, there continues to be a division between where agents want carriers to invest and carriers’ actual investment plans.
Coverdash Announces Launch after Oversubscribed Seed Round
The startup’s digital platform enables customers to source, purchase, and manage business insurance policies.
4 Ways to Balance Digital Trends with Customer Expectations
Insurers need to place the customer at the heart of everything they do, developing a digital strategy for both front and back-office operations to meet customers where they are.
CerebrumX to Use Ford Connected Vehicle Data for UBI-as-a-Service
Using the CerebrumX platform, Insurers can offer end-to-end (UBI) programs with a reduced time to market and cost advantage for 2020 or newer Ford and Lincoln vehicles.
Parametric Insurer FloodFlash Hires Mark Hara to Lead U.S. Business
With Hara’s appointment, London-based FloodFlash enters the largest flood risk market in the world.
What Can Insurers Expect From a New Phase of InsurTech?
As the industry meets more niche needs and as insurers begin to partner with different organizations to reach and capture customers, we will begin to see a real shift in leaders within the industry across all segments.
Mutual Benefit Adopts Duck Creek Distribution Management SaaS Solution
The distribution management solution will provide the auto, home and business commercial lines insurer with an improved agent experience and an increased level of customer engagement.
Cover Genius Raises $70M in Series D Funding
The funding round was led by Dawn Capital, with participation from new and existing investors Atlas Merchant Capital, GSquared and King River Capital.