Berkshire Hathaway Travel Protection

INSURANCE TECHNOLOGY

OWIT Global | December 02, 2020

OWIT Global, a provider of insurance-specific microservices solutions for the global insurance industry, declares a serious arrival of their Bordereaux Management Solution. The new delivery grows insurance-specific business rules, furthers usefulness to help approaching and active data takes care of, and contains extra pre-characterized execution dashboards. The Bordereaux Management Solution fathoms the insurance business' need to automate bordereaux preparing for MGAs, Carri...

DARAG | January 21, 2020

DARAG has successfully reached a reinsurance agreement with a major insurance company. The loss portfolio transfer between DARAG Insurance Guernsey Limited (DIGL) and a multinational insurance company (whose identity has not been disclosed) with subject reserves over $100 million has closed. A release said that DIGL is providing economic and operational finality for the counter-party’s US general liability book of business. TigerRisk served as an advisor to both parties in closing the deal...

INSURANCE TECHNOLOGY

Duck Creek Technologies and CogniSure | September 15, 2022

CogniSure Submission Ingestion API allows commercial insurance carriers quicker access to risk insights buried in submission emails and attachments such as Loss Runs and SOVs. CogniSure AI, an Illinois-based corporation, has entered into partnership with market-leading insurance software provider Duck Creek Technologies, which allows insurance companies to exponentially gain underwriting efficiencies while enhancing their risk decision-making capabilities. CogniSure AI's algor...

INSURANCE TECHNOLOGY

SafeAuto | November 17, 2021

While many Americans celebrated the holidays at home last year, more families are expected to travel and gather once again, which could lead to an uptick in drunk driving. A new national survey of over 1,900 US adults ages 21+, conducted by The Harris Poll on behalf of SafeAuto, reveals 40 percent of Americans ages 21-34 say they are more likely to drive after consuming alcohol over the holidays than other times of the year. The survey also found more than 6 in 10 Americans ages 2...