Following MS&AD Ventures’ investment in Geosite, the insurer has worked with the startup to create a single platform for claims data that will result in reducing claims time by half.
Underwriting
LexisNexis Risk Solutions Acquires Property InsurTech Flyreel
Flyreel uses proprietary computer vision technology to guide a home or business owner through a comprehensive property scan via the policyholder’s smartphone.
CoverGo Raises $15M Series A to Expand Globally
The round highlights the company’s rapid growth, with annual recurring software revenue increasing more than 10x since January 2021.
Darryl Catts Joins InsurTech Send’s Board
The insurance industry veteran joins the board as a non-executive director, to provide strategic guidance to support the continued growth of the business, with a focus the U.S.
Betterview Adds RedZone to PartnerHub
Through the new partnership, RedZone’s best-in-class expertise on wildfires will help Betterview’s clients deal with the impact of climate change on homes and businesses.
The Hartford Adopts CAPE Analytics for Commercial Lines
The insurer began using CAPE’s technology to support underwriting speed and efficiency in personal lines in Aug. 2019.
Insurity Launches Cloud-Based Sure Underwriting Workbench
P&C carriers that take advantage of Sure Underwriting Workbench’s 50 percent discount will benefit from streamlined processes, improved decision making, and enhanced collaboration.
Zurich North America Selects Yellowbrick Cloud Data Warehouse Solution
The solution enabled Zurich to decrease the time to process complex queries and produce business-critical, end-of-month reports by 55 percent.
Robert Klepper Joins Betterview as a Strategic Advisor
The former global chief underwriting officer of AXA XL’s property, energy, and construction division, has 35 years of industry experience with major P&C carriers.
Majesco Introduces Property Intelligence Powered by AI
The solution is designed to help carriers remain competitive through increased profitability, reduced risk, and improved customer retention through AI-powered Property Intelligence.