commercial broker technology News

Commercial Lines Sales Platform Sayata Raises $17M to Expand Beyond Cyber

Cyber insurance platform Sayata has raised $17 million in new venture capital and plans to expand to offer more specialty coverages. The startup’s platform automates the quote and bind process to help wholesale brokers and carriers quickly and easily offer …

AmWINS, CRC and Heffernan Create Technology Alliance for Specialty Business

Wholesaler insurance brokers AmWINS and CRC, along with independent agency Heffernan Insurance Brokers, are the charter members of a new alliance to accelerate technology improvements in the brokerage, wholesale and specialty insurance segments. The new group, called the InsurConneXtions Alliance, …

Large Commercial Insurance Brokers Investing in AI, Analytics: Novarica

Large commercial brokers transacting business with multiple carriers and distributors are seeking to differentiate themselves in a competitive marketplace through improved technology such as artificial intelligenceI, analytics and workflow tools. In a new report, Business and Technology Trends: Large Commercial …

Vantage Agora Launches Loss Analysis Tool for Brokers/Wholesalers

Insurance process provider Vantage Agora has released a new loss-analysis web application that gives insurance brokers, program managers and managing general agents the ability to view and analyze consolidated data on claims losses for clients and prospects. The application is …

Ex-Insurance Exchange Executive Lynch Joins EvoSure Board

EvoSure, a technology company with a web-based platform that brings together commercial insurance brokers with underwriters, has expanded its advisory board to include Peter Lynch, a 20-year veteran in insurance technology who was formerly president of LexisNexis Insurance Exchange. Lynch …