Cypress Benefit Administrators

INSURANCE TECHNOLOGY

Socotra | May 21, 2022

Socotra, the partner of choice for innovative insurers, today announced the acquisition of Avolanta, a software startup offering the only unified portal purpose-built for the insurance industry. As part of the acquisition, the Avolanta team will join Socotra and Avolanta’s technology will become Socotra Unified Portal. Insurance companies are struggling to deliver the types of digital user experiences that are now common in other industries. Many insurance customers are stil...

Valmark Financial Group | May 14, 2020

Valmark continues its rich history of innovation in the life insurance industry by expanding its toolkit for independent insurance and financial professionals. Its newest offering, the Life Insurance Fulfillment Tool™ (LIFT™), is focused on making the process of buying life insurance simpler for both clients and advisors. The global health pandemic and economic crisis have impacted most major industries, turning on its head the traditional purchasing processes of many business...

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...

INSURANCE TECHNOLOGY

Battleface | April 29, 2022

Battleface announced the launch of its partnership with TripActions, which is an all-in-one travel, corporate card, and expense management solutions providing company. TripActions helps companies and their employees’ traveling management in terms of expenditure, safety, accounts and drives productivity. The novel collaboration brings Battleface with TripActions to provide a more user-friendly travel security expertise. Customers can now access highly customizable travel insu...