InsurTech

FRISS, a global leader in trust automation solutions for Property and Casualty (P&C) insurers, has revealed the FRISS Accelerator for Claims Analytics for ClaimCenter Cloud.

The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap in the space. 

Programming has often been described as difficult and unaccessible, which is why the implementation of low code solutions designed to amend these issues is so appealing to insurers globally. But can they be used at a corporate level? Dmitry Kurbatov, delivery manager at Symfa delves into the lessens he learned while implementing such an offering at a US insurance firm.

Novidea has announced the latest update to its award-winning insurance management solution, designed to cater to brokers, agents, MGAs/MGUs, wholesalers, and carriers.

Flitter, a Paris-based InsurTech startup, has successfully completed a €3.5m seed funding round, positioning itself for significant expansion.

Better Home & Finance Holding Company has launched a new end-to-end white label solution that allows customers to purchase homeowners insurance through an online experience.

Nordnet has extended its partnership with Lumera, and is now set to launch a SIP insurance savings account offering, as it enters the Finnish market.

Lexasure Financial Group Limited has announced the launch of a B2B risk management portal designed to enhance the reinsurance process.

Travelers, a leading insurance provider has entered into a definitive agreement to acquire cyber InsurTech firm Corvus for $435m.

Layr, an Insurtech company for independent commercial insurance brokerages, has secured $10m in its recent funding round.