Insurance industry suffering from poor claims experience, Accenture reveals
Up to $170bn of insurance premiums could be at risk in the next five years due to poor claims experiences, research from Accenture has revealed.
Zesty.ai and Berkshire Hathaway expand partnership for wildfire risk
Zesty.ai, a provider of property analytics powered by Artificial Intelligence (AI), and The Berkshire Hathaway Homestate Companies (BHHC) have expanded their partnership.
GEICO shuts California offices and lays off employees
US auto insurer GEICO has reportedly closed all 38 of its California agents’ offices and laid off hundreds of its employees.
Semsee launches tool to solve a critical issue for insurance agents
Semsee, a commercial insurance platform, has launched a resource to enable agents and small business owners to obtain real-time market appetite from insurance carriers, MGAs and MGUs.
Swiss Re to drive InsurTech innovation with T-Hub
Provider of reinsurance and insurance Swiss Re has partnered with T-Hub, an innovation hub and “ecosystem enabler” based in India, to drive innovation in the InsurTech space.
Five Sigma teams up with One Inc to bolster offering
Five Sigma, an emerging leader in cloud-native insurance Claims Management Solutions (CMS), has partnered with digital insurance payment solution provider One Inc, to offer its US customers more convenient and diversified claims payment options.
Hub joins forces with RESAAS to simplify home insurance
Hub International Limited (HUB), a global insurance brokerage and financial services firm, has partnered with RESAAS Services, a technology platform for the real estate industry to simplify the home insurance process.
Assurant to integrate Polly insurance platform
Insurance marketplace Polly, formerly known as DealerPolicy, has partnered with Assurant, a provider of lifestyle and housing solutions.
Metlife partners with Family First for caregiver support
Global insurer Metlife has partnered with Family First, a technology-powered caregiving support benefit, to tackle ‘caregiver burnout’.
Swiss InsurTech JAROWA secures funding for European expansion
Swiss InsurTech JAROWA, a digital marketplace and transaction platform for insurance companies, property managers and leasing companies, has raised CHF 12.4m in Series A funding.
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