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Business Wire | September 22, 2020
iPipeline® a leading provider of cloud-based software solutions for the life insurance and financial services industry today announced it has acquired WELIS, a premier provider of life insurance illustration systems to carriers in the US. The WELIS Ascent® Illustration System is designed to help insurers sell and service customers in a multi-channel distribution environment. The award-winning software* is constructed as a standard single life illustration system that can be transfo...
Risk Management
Distinguished Programs | August 29, 2022
Distinguished Programs (Distinguished), a national insurance program manager, today officially announces the expansion of Coastal Builder's Risk coverage to five additional states – Alabama, Hawaii, Mississippi, Rhode Island and commercial properties only in Texas. The Distinguished Coastal Builder's Risk Program covers all risks for brand new construction, remodeler's risk and betterments only projects in select states. "When we launched the C...
Core Insurance,Automobile Insurance
Ford Motor Company and Wejo | November 30, 2022
Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good and cloud and software solutions for connected, electric and autonomous vehicle data, today announced the U.S. expansion of its insurance offering with Ford Motor Company. Insurance providers will be able to better understand driving behaviors through connected vehicle data and insights to support user-based intelligence for end-to-end insurance with the help of Wejo and Ford’s collaboration. This ...
State Farm | January 30, 2020
State Farm, the number-one auto insurer in the US for decades, may soon be playing second fiddle to GEICO. After losing business in the wake of a series of rate hikes, State Farm held a market share of 17% in 2018 – its lowest share in more than two decades, according to a report by Crain’s Chicago Business. Online insurer GEICO, meanwhile, held 13.4% of the market. If the two companies’ average growth rates persist, GEICO will overtake State Farm as the nation’s largest ...
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