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INSURANCE INDUSTRY NEWS
AXA Releases Eighth Future Risks Report
AXA has released the eighth edition of its Future Risks Report, which measures and ranks the evolution of the perception of emerging risks. Climate change risks are back at the top of the global ranking, while cyber risk takes the lead in the United States for the first time and second place everywhere else.
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Coalition Launches New API Solution For Streamlined Integration With Partners
Coalition is pleased to announce the launch of its API and partner solution in Canada to offer digital brokers, distributors and technology partners the ability to integrate Coalition's insurance products and underwriting engine directly into their platforms and create a customized digital experience.
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Apollo Partners With Liberty Mutual
Apollo Insurance, Canada's leading online insurance provider, has partnered with Liberty Mutual Insurance, the sixth-largest global property/casualty insurer based on 2020 gross written premium, to add retail store insurance to Apollo's rapidly growing catalogue of digital insurance products.
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Superscript Teams With Amazon On Tailored Online Insurance For UK Small Business
Superscript, the InsurTech revolutionising SME insurance, is pleased to announce that it has partnered with Amazon Business to provide tailored insurance for micro and small businesses, as well as sole-traders through Business Prime (membership programme designed specifically for businesses available only on Amazon Business) in the UK. The partnership is a significant step for Business Prime as this increases the value of the membership in the UK as SMEs emerge from lockdown.
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Zurich Implements Chisel Technologies
Chisel AI is pleased to announce that global insurance carrier Zurich North America has implemented its Submission Intake and Policy Check solutions to automate core Construction underwriting and placement processes, ensure policy quality, and reduce the costs of policy rework and reissuance.
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Quadient Reaches Global Customer Milestone
Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, is pleased to announce that the company has crossed over the 10,000 software customer threshold for the first time.
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Crawford Technologies Launches AccessibilityNow® Remediate
Crawford Technologies is pleased to announce the release of AccessibilityNow® Remediate, a standalone tool that solves one of the biggest challenges in the document remediation world by allowing organizations to cost-effectively remediate existing non-compliant static documents.
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Farmers Insurance To Use Mobile Robot For Catastrophe Claims, Property Inspections
Farmers Insurance® has announced plans to use a digitally controlled mobile robotic quadruped to assist with in-field catastrophe claims handling and non-cat property inspections, helping to improve the safety and efficiency of both.
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Health Gorilla Partners With Optimity
Health Gorilla and Optimity have announced a strategic partnership that will enable Optimity's U.S. clients to collect medical records electronically from Health Gorilla's clinical network increasing their ability to create informed risk assessments and streamline their underwriting.
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Most Canadians Lack A Financial Plan: Sun Life
A key differentiator between those who achieve lifetime financial security and those who don't is a financial plan. Yet a new survey by Sun Life reveals that more than half of all Canadians do not have a financial plan in place.
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US Home Insurers Struggle With Customer Loyalty
The great Boomer migration from home ownership to renting is upon us, and the newly released J.D. Power 2021 U.S. Home Insurance Study indicates home insurers have struggled to navigate that transition with products and services designed to maximize customer lifetime value.
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‘Great Resignation’ Requires Competent Benefits Administrators: Aite-Novarica Group
Third-party benefits administrators are being tasked to provide compelling benefits in the midst of consolidation, competition, regulation, differentiation challenges, fee pressures, and demands to scale digitally. In a new impact report, Aite-Novarica Group provides an overview of the U.S. third-party benefits administration market.
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Peel To Open Collision Reporting Centres
Accident Support Services International (ASSI) is proud to partner with the Peel Regional Police Service on the implementation of three Collision Reporting Centres (CRCs) throughout the region.
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Prairie Storms Insured Damage Total Revealed
Two storms this summer across Alberta and Saskatchewan brought strong winds and rain along with flash flooding and large hail that damaged homes and vehicles in both provinces, while strong winds downed trees and power lines, leaving many without power for hours.
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Breathe Life Names New Chief Technology Officer
Breathe Life, the leading provider of hybrid life insurance distribution solutions for life insurance, is pleased to announce it has appointed Carlos Benfeito as Chief Technology Officer.
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