Builders Insurance Group

Core Insurance, Compliance

Napier and Utmost Group | February 01, 2023

On January 31st, 2023, Utmost Group, which offers insurance and savings solutions, enhanced its financial compliance capabilities in collaboration with Napier, a customizable anti-financial crime compliance provider. Napier's client screening solution, which started operations in just 21 days, was implemented to bolster the company's existing compliance strategy and to facilitate future expansion. The Napier team met these stringent deployment deadlines to meet the time ...

Insurance Technology

Innoveo | February 11, 2022

Innoveo, a global technology firm and a pioneer in enterprise no-code solutions today announced that Emirates Insurance has selected Innoveo Skye® to create a digital experience for its brokers that sell their personal lines of insurance, starting initially with motor insurance before expanding into other lines. After its founding in 1982, Emirates Insurance has grown their commercial and individual insurance business, making them now the 5th largest insurance company in the U...

Insurance Business Magazine | March 13, 2020

With the coronavirus outbreak declared a global pandemic by the World Health Organization, travel insurance coverage for coronavirus is limited, according to comparison site Squaremouth. As of Wednesday, three travel insurance providers on Squaremouth were still offering policies that may include cancellation coverage for travelers who contract the virus, or are quarantined, and unable to travel as planned, the company said. Those policies may also include interruption benefits for travelers who...

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...