Agile organizations often talk about sprints, but insurers need to prepare for these programs like they are a marathon to ensure long-term success.
Policy Administration
EasySend Raises Additional $11M for Insurance/Financial Services No-Code Platform
The series A round brings the company’s total capital raised to $16 million after a $5 million seed round from existing investors Vertex Ventures and Menora Insurance.
Penn River and Mantissa Group Partner to Launch Product Hub
Built for the life and annuities industry, ProductHub can deliver as much as a 30 percent reduction in time to market, and as much as a 25 reduction in carrier product development costs, according to the vendor.
Symetra Selects Socotra as Core Platform for Digital Initiative
Socotra’s cloud-native platform will be leveraged to facilitate a smooth transition from existing architecture and provide a strong foundation for Symetra’s future.
Dave Castellani on New York Life’s Business-led Path to Modernization
It may be a sign of how technology is evolving that Dave Castellani, New York Life’s top technology officer, goes by the title of Business Information Officer rather than CIO. It is unquestionably an indication of Castellani’s own career history and philosophy.
MIEC Selects OneShield Software’s SaaS Solution
The reciprocal insurance exchange serving health professionals in U.S. Western states will use OneShield’s SaaS core platform for policy administration, billing, claims and reporting.
Prudential Selects Vitech’s V3locity for Cloud-Based Group Insurance Administration
The insurer’s decision to leverage V3locity across its entire group insurance business is aligned with Prudential’s overall growth and transformation strategy.
Percipience Consulting Launches to Tackle Insurance Data Strategy and Modernization
The firm’s team of industry veterans offers its insurance data and analytics solution Data Magnifier, and professional services focused on data strategy, systems conversion, complex data integration, and end-to-end data solution implementations.
Percipience Consulting Debuts Data Magnifier Insurance Data & Analytics Solution
The enterprise data model supporting both P&C and L&A companies is designed for insurers who have multiple core systems and want to make external data available in a comprehensive, consistent and consumable structure.
MGA Startup RubiQon Risk Accelerates Launch With OneShield’s SaaS Offering
Focused on speed-to-market as a key competitive advantage, the MGA will use OneShield Market Solutions for policy, billing, claims and reporting.