Guidewire to power claims management for Cincinnati Financial
Cincinnati Financial Corporation has selected Guidewire ClaimCenter on Guidewire Cloud to power claims management for its insurance operations.
Pet insurance market is a “golden opportunity”, Duck Creek says
Duck Creek Technologies, a provider of intelligent solutions “defining the future of property and casualty (P&C) insurance”, has launched a standard for insurers in the UK pet insurance market.
Southern Trust Insurance selects Betterview
Southern Trust Insurance, a provider of coverage across the Southeast of the US for over 50 years, has selected Betterview’s Property Intelligence & Risk Management Platform to reduce expenses and drive down avoidable losses.
Hillridge bags $2.3m for crop insurance in Australia
Hillridge, a Sydney-based AI crop insurance platform, has raised $2.3m in seed funding as it plans to expand its weather insurance platform to southeast Asia.
Lloyd’s reserves $1.26bn for Ukraine insurance claims
Lloyd’s of London has set aside $1.26bn to cover claims related to the war in Ukraine, which it said is a similar size to a “small to medium-sized natural catastrophe.”
Ageas opts for eBaoTech’s digital insurance platform
Ageas Group, an international insurance group, has partnered with eBaoTech, a global digital solution provider for the insurance industry, to integrate its digital platform.
Assurant bolsters protection offering for EVs
Assurant, a global business services company that supports, protects, and connects major consumer purchases like automobiles, has enhance its protection offering for electric vehicles (EVs).
Anzen is the new InsurTech changing business insurance
Anzen is a new InsurTech company that is on a mission to rebuild the business insurance space, with a focus on the Directors and Officers (D&O) or Executive Liability Insurance lines.
Nationwide teams up with Idelic to take insurance premiums
Insurance carrier Nationwide has partnered with Idelic to help fleet drivers become safe, lower losses and take control of their insurance premiums.
Digital insurer Carrot eyes unicorn status after $250m raise
South Korean digital insurance carrier Carrot has raised $250m in a round led by Affirma Capital.
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