Asuransi Astra

Texas Farm Bureau Insurance | April 29, 2020

Texas Farm Bureau Insurance (TFBI) is refunding more than $20 million to it auto insurance customers, in response to the decrease in accidents following COVID-19 social distancing rules. A release explained that the company’s auto insurance policyholders will be credited and/or refunded 15% of their insurance premiums for two months. Those credits/payments will begin May 15, 2020. Policyholders will not need to take any action to claim their credit refund, TFBI said. For thos...

Core Insurance

Root Insurance | February 17, 2023

On February 16, 2023, CCC Intelligent Solutions Inc., a SaaS platform for the personal and casualty insurance industry, announced that Root Insurance would extend its relationship with it for a technology-based first-party casualty solution. This extended relationship empowers Root Insurance to connect APD claims data and insights with casualty claims processing. The addition of a CCC-powered first-party casualty solution enables Root to manage auto physical damage along with fi...

Insurance Business Magazine | January 31, 2020

Insurtech investment hit an all-time high in 2019, according to a new report from Willis Towers Watson. Total worldwide funding commitments in the insurtech sector totaled $6.37 billion in 2019. That’s a third of the historic total funding for the sector. The fourth quarter alone saw $1.99 billion invested in 75 projects. Eight “unicorn-making” investment rounds happened last year, according to Willis Towers Watson’s Quarterly InsurTech Briefing. The rounds led to the cre...

Life Insurance

Resolution Life | January 05, 2021

Resolution Life Group Holdings LP, a global manager of in-force life insurance businesses, is charmed to declare today that it has finished the acquisition of Voya Financial, Inc.'s, individual life in-force business. The fulfillment sees Voya offer to Resolution Life significantly the entirety of its in-force individual life business, including Security Life of Denver Insurance Company, Midwestern United Life Insurance Company and certain different subsidiaries, just as the r...