Tag: Fintech

In the competitive landscape of insurance underwriting, the integration of risk data is emerging as a secret weapon to enhance the performance of your underwriting team. One way this can be exploited is through the use of loss control, a risk management method aimed at decreasing the likelihood of losses occurring and minimising the impact of any that do happen. Due to the clear benefits of this, numerous key industry players are now claiming that advanced loss control practices can transform the traditional underwriting processes, reducing claims while increasing renewals and premiums.  

Acrisure, a leading FinTech company that combines human intelligence with technology, has announced the appointment of Aaron Miller as its new chief financial officer.

Three years ago, a US insurance giant struggled to develop a Rules engine for their multiple user-facing applications. The project initially failed, leading them to enlist Symfa's expertise. Dmitry Denisko, senior software engineer at Symfa, delved into how the company reinvented the world of insurance business logic.

MAPFRE RE, a global reinsurance company, has received official approval from the National Financial Regulatory Administration of the People’s Republic of China to open a new branch in Beijing.

Brokerslink, a global broking company, has announced the launch of a dedicated Trade Credit Insurance (TCI) practice.

Wopta Assicurazioni, an InsurTech MGA established to support businesses and professionals against everyday risks, has successfully closed a €4.1m Series A funding round.

Allianz Partners, a world leader in insurance and assistance services, has announced the launch of allyz Cyber Care, as it looks to protect customers against cyber threats.

AutoRek, a leading InsurTech that streamlines premium processing operations within insurance firms, has joined forces with J.P. Morgan Payments to help insurance firms overcome data complexities and unlock new market opportunities.

Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.

Qover, a leading InsurTech driven by a vision of creating a global safety net through insurance, has announced the launch of its innovative motor insurance solution in Ireland.