HealthCare International

NJ PURE | March 18, 2020

NJ PURE – a medical malpractice insurer based in New Jersey – has entered a partnership reinsurance contract with General Reinsurance Corporation (Gen Re), a Berkshire Hathaway member company. A release said that the agreement will strengthen NJ PURE’s position in the industry and will support its growth in the years to come. “All of our policyholders may now take added comfort in knowing that NJ PURE has the financial support of Gen Re and the billions of dollars in asse...

INSURANCE TECHNOLOGY

Cardinality.ai | December 08, 2021

Cardinality.ai, a data technology group helping government agencies achieve better outcomes through artificial intelligence (AI) solutions has acquired ClearCycle, based in Redmond WA, a proven Claims and Disbursement Management technology provider since 1983, for the Healthcare and Insurance industries, to expand its suite of SaaS solutions. "The acquisition of ClearCycle will accelerate our mission of enabling government workers to deliver citizen services eff...

INSURANCE TECHNOLOGY

Shift Technology | July 22, 2021

Shift Technology, a provider of decision automation and optimization solutions for the global insurance industry, announced today the launch of Shift Claims Automation on Salesforce AppExchange, giving insurers and agents more options for settling simple claims without the involvement of claims handlers or loss adjusters. Giving insurance firms' customer service representatives the tools, information, and expertise they need to assist resolve claims more quickly and correctly is one of the m...

INSURANCE TECHNOLOGY

Carvana | August 12, 2021

Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company (“Root”), the leading insurtech carrier, today announced an exclusive partnership to develop integrated auto insurance solutions for Carvana’s online car buying platform. In connection with the partnership, Carvana will invest approximately $126 million in Root, Inc., subject to customary regulatory approvals. ...