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Insurance Technology

Next Insurance, Juniper Labs | December 11, 2020

Next Insurance, the main digital insurtech company changing small business insurance, today reported that it has finished the acquisition of Juniper Labs, an imaginative supplier of elective open information and endorsing innovation zeroed in on small businesses. Together, Next Insurance and Juniper Labs will keep on creating improved AI abilities and apparatuses to reinforce the omni-channel client experience. This is Next Insurance's first securing and follows the end of its $250 million S...

USI Insurance Services | March 03, 2020

USI Insurance Services, a provider of risk management, employee benefit and retirement plan consulting, has acquired Franklin, Tenn.-based Full-Service Insurance Agency, Inc. Founded in 1975, Full-Service Insurance is a middle Tennessee independent insurance agency specializing in commercial insurance, employee benefits and personal risk solutions for businesses and individuals. Terms of the transaction were not disclosed. According to John Pratt, vice president, Full-Service Insurance, its clie...

Understory | February 14, 2020

Understory, a specialty insurer serving automotive dealerships, has expanded the availability of its supplemental hail insurance product in five more states. The company’s “Auto – Hail Safe” product is now available in Arizona, New Mexico, Ohio, Pennsylvania and Wyoming. Originally introduced in 2019, Understory’s product is now being offered in a total of 17 states, including Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, New Mexico, Okla...

Risk Management, Insurance Technology

PRnewswire | May 03, 2023

Arbol, a global climate risk coverage platform, and The Institutes RiskStream Collaborative, the insurance industry's largest blockchain consortium, announced a strategic partnership to transform the parametric insurance space today. The partnership integrates Arbol into RiskStream's network of industry leaders dedicated to unlocking the potential of blockchain in risk management and insurance. The consortium actively explores insurance-specific blockchain and distributed ledger te...