Insurance Licensing Services of America, Inc.

Insurance Technology

Chubb, Revolut | January 20, 2021

Chubb has announced the launch of a new insurance partnership with Revolut, a financial technology company that provides digital banking services. The association program gives a wide scope of inclusion for Revolut's clients, including purchase protection, refund protection and ticket cancellation, where a Revolut account is utilized. The strategy additionally offers inclusion where a client has an affirmed analysis of COVID-19 and is hence incapable to utilize ...

Traveler | April 22, 2020

Travelers has reported a 25% drop in quarterly profit. The company also warned that potential claims for compensation coverage for furloughed and laid-off employees would impact its results for the year, according to a Reuters report. With the coronavirus pandemic weighing on the economy, millions of Americans are now jobless. Travelers said it might see “elevated claims frequency and severity” for its workers’ compensation line of business as states expand workers’ comp ...

CyberCube | April 20, 2020

Cyber analytics provider CyberCube has released an updated version of Portfolio Manager, a cyber risk platform for insurers, reinsurance brokers and reinsurers. Portfolio Manager allows insurers to stress test reinsurance portfolios against a spectrum of cyber-related scenarios, including data breaches, cloud outages, global ransomware attacks and financial fraud. The tool, first launched in 2018, was the world’s first fully probabilistic cyber catastrophe model. CyberCube said that it has...

Core Insurance

InsurCard | September 23, 2021

InsurCard® the nation's leader in electronic payment solutions, has launched a breakthrough insurance technology for MSA recipients. InsurCard's Medicare Set-aside (MSA) Program helps MSA recipients manage their own insurance settlements using technology available through the payment card networks. MSA recipients manage their own insurance settlements using technology available through the payment card networks. Our program is a debit card-...