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Insurance Technology

Protective Life | March 22, 2022

Protective Life Corporation announced today that its subsidiary Protective Life Insurance Company (“Protective Life”) would acquire AUL Corp, a leading automotive finance and insurance provider. Protective Life Corporation is a well-known U.S. subsidiary of Dai‑ichi Life Holdings, Inc. With a national footprint of agents and dealers, an experienced team in the vehicle service contract business in addition to distribution channel growth opportuniti...

Insurance Technology

Britely Insurance | June 14, 2022

Britely Insurance announces today it has entered into an agreement to acquire the assets of Empire State Brokerage Services LLC, a New York based full-service wholesale broker operating in more than 25 states with access to dozens of key insurance markets. The transaction is expected to close in July of 2022. We are very pleased to announce this exciting acquisition. In addition to outstanding market access, Empire brings a team with a wealth of experience pr...

Insurance Technology

TrueMotion, Guidewire | February 10, 2021

Guidewire Software, Inc. the platform P&C insurers trust to draw in, advance, and develop efficiently, today announced that TrueMotion, Inc., a main platform for smartphone telematics, has joined Guidewire PartnerConnect as a Solution partner to offer a claims accelerator powered by smartphone telematics data. The companies likewise announced that TrueMotion's new Ready for Guidewire approved accelerator is presently accessible to insurers in the Guidewire Marketplace. Tru...

Insurance Technology

Setoo, Pattern Insurance | July 19, 2021

Setoo, an embedded insurance pioneer, announced today that it has entered into a merger agreement with Pattern, an insurtech startup that has emerged from stealth mode. Pattern will be the name of the joint venture's activities in Europe and the United States. Pattern will assist companies in generating new revenue streams and increasing customer satisfaction by transforming all of their online transactions into protected experiences without the need to be an insurer. Pattern ...