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Verikai | September 07, 2022
Insurance technology startup, Verikai, launches Med/Rx to build on their existing product base and further optimize the underwriting process for their carrier clients. Verikai uses machine learning models to give insurers a deeper view of risk, using extensive clinical and behavioral data to create risk scores. Now, with the addition of Med/Rx, carriers will be able to run group reports through Verikai's platform to establish a baseline of high-cost conditions and prescriptions that appear i...
Selective Insurance | February 04, 2020
Selective Insurance Company of America, the lead insurance company of Selective Insurance Group, has launched a competition for college students studying insurance and risk management. Teams of students from seven universities have begun running virtual insurance agencies. The teams will compete against each other in weekly exercises that will help them build their business and financial acumen, according to Selective. The first-place team will present their strategy to the Selective leadership ...
Arthur J. Gallagher | January 31, 2020
It’s the turn of Arthur J. Gallagher & Co. (AJG) to report its financial results for the fourth quarter and full year 2019. The global insurance brokerage and risk management group posted net earnings of $105.6 million in last year’s final three-month period, which is lower than the $127.8 million recorded in the fourth quarter of 2018. The net earnings result for the whole year, however, improved to $715.8 million from $675.9 million previously. “We had an outstanding four...
Trov | March 12, 2020
Trov, an insurance technology firm focused on providing on-demand insurance, has announced that it has been selected by Mobility Transformation (parent company of Zerology) to provide coverage for zero-emissions rideshare company Zerology. A release said that Trov will use anonymized vehicle data from Zerology’s fleet of Tesla Model 3 cars in Madison, WI to address the rideshare company’s complex risk management challenges. Zerology is headquartered in Madison, WI, where it offers ri...
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