Customers using the insurer’s web-based direct surety platform can pay for their surety bonds via ACH, credit card, and Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
By leveraging AAIS, UFCIC proprietary forms and rates, and ClarionDoor’s technology, UFCIC was able to launch three lines of business in four states in under ninety days.
Formed as an independent entity by Brisbane-based A&G, Pet Health Insurance Services is challenging a monopolized market using Aquarium’s pet-insurance-in-a-box hosted solution.
The insurer will launch policyholder and agent portals along with policy, billing, and claims modules to enable digital capabilities and increase efficiency.
Insurors will use OWIT’s Bordereaux Management Solution to consume data from its legacy policy administration systems and translate the data for its reporting and GL system.
Implementation of Majesco L&A and Group Core Suite on Majesco CloudInsurer will provide next generation core platform, differentiate admin capabilities, and deliver speed to market for new products.
People are wired to gravitate toward ease of use, and fully connected partner ecosystems are a way insurers can deliver it.
The companies say that their collaboration will enable their property/casualty clients to rapidly implement Insurity’s core insurance platform.
FMIC customers now enjoy new, digital self-service capabilities such as policy management, online payments, filing claims, contacting agents and uploading photos.
The life insurance InsurTech distributor reports that its revenue and users have each grown by more than 500 percent year-over-year, and the company expects to issue $20 billion of life insurance coverage this year.