Milwaukee-based Insurance technology firm Zywave reports it has acquired Santa Barbara, Calif.-based ClarionDoor, a seller of insurance product distribution software for the property/casualty market. Zywave said ClarionDoor’s digital distribution products for carriers and managing general agencies complement its own configure, …
Guidewire Guides Insurers to Insurtechs Guidewire Software has launched a program designed to connect its property/casualty insurance industry customers to up-and-coming insurtechs. Dubbed, Insurtech Vanguards, the program will highlight insurtechs that bring novel approaches to the industry. The program is …
Mosaic Insurance and DXC Technology announced the launch of an insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. Together with DXC’s business-process expertise and technology, Mosaic, the Bermuda-based specialty insurer, aims to …
Insurance technology provider Zywave has acquired Modgic, an Oregon-based provider of workers’ compensation and experience modification analysis software for the commercial insurance industry. Financial terms were not disclosed. Zywave, based in Wisconsin, said the combination will help strengthen its market …
Although COVID-19 forced many insurers to seek out innovative solutions, most companies still have room for improvement, according to rating agency AM Best. In a recent analysis of innovation assessment scores, which the rating agency first introduced into the rating …
Property/casualty insurance software firm Insurity has completed its acquisition of Instec, a cloud software maker for mid-size property/casualty carriers, managing general agencies and specialty insurers. Terms of the acquisition were not disclosed. Insurity said the deal further increases its support …
Catching up with insurance technology developments involving Thimble and Bold Penguin, Vertafore and Nationwide, and eMaxx …. Insurtech Bold Penguin is making it easier for agents and small business customers to secure to coverage by the month or by the …
Specialist insurer Beazley has unveiled a new digital business unit to transform how the company develops, underwrites and delivers digital insurance solutions for clients and brokers. Existing digital initiatives and platforms created to further Beazley’s digital capabilities will now be …
Home insurer Hippo is partnering with ADT to add smart home services and discounts for home insurance customers. Hippo customers in select states who enroll in its smart home program will be offered free installation of an ADT smart home …
The question is not whether the future of the insurance industry is bright. “Few industries are better positioned for outstanding growth over the next 15 years,” insists Verisk’s Mark Anquillare. Anquillare points to the giant global protection gap between what …
