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State Farm, U.S. Bank | March 06, 2020
State Farm and U.S. Bank – a major commercial bank – have announced a strategic alliance, wherein U.S. Bank will assume State Farm Bank’s existing deposit and credit card accounts. The partnership also allows State Farm agents to introduce U.S. Bank deposit products and co-branded credit cards to State Farm customers. A release noted that the alliance is part of State Farm’s broader strategy to exit banking operations. Both companies also have plans to eventually offer St...
Core Insurance, Insurance Technology
HawkSoft and Input 1 | January 20, 2023
On January 19, 2023, HawkSoft, a provider of agency management systems in the insurance industry, and Input 1, which delivers digital billing, payments, and premium finance solutions, entered into a partnership that allows HawkSoft agencies to use premium collection functionalities. Input 1 has spent over 30 years perfecting its comprehensive billing and payments platform, which simplifies the intricacies of the premium collection lifecycle. Input 1's services are used by ov...
Sompo GRS | February 07, 2020
Sompo International Holdings has announced that Sompo Global Risk Solutions (Sompo GRS) – a specialty provider of P&C insurance and reinsurance – is introducing a comprehensive product for the life sciences market. The new Sompo Life Science Plus offers coverage for various life science products. These include products used in human clinical trials, products loaned or rented to others, representations and warranties made with respect to a named insured’s product, limited co...
Core Insurance
EY | July 14, 2021
EY today announced a partnership between Fadata, a leading software provider specializing in core insurance operational platforms, and Ernst & Young LLP (EY UK) to assist insurance companies in driving improved business performance through technology transformation that provides an end-to-end digital experience. The partnership combines EY UK's insurance sector experience and expertise in enabling large-scale business and technology changes with Fadata's core insurance...
Life Insurance, Insurance Technology
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