Insurtech Advisors LLC

Core Insurance

Farm Bureau Mutual Insurance Company of Idaho | October 14, 2022

Farm Bureau Mutual Insurance Company of Idaho (FBM Idaho), the state’s largest domestic personal lines insurer, and Guidewire (NYSE: GWRE) announced that FBM Idaho selected InsuranceSuite on Guidewire Cloud to power core operations, simplify IT operations, quickly adapt to changing market demands, and deliver more value to its agents and policyholders. A Guidewire self-managed customer since 2010, the company plans to migrate InsuranceSuite to Guidewire Cloud across the entire organization...

Insurance Business Magazine | February 11, 2020

Following its mid-2019 acquisition of Smart Harbor – which delivers digital technology to insurance agencies – Insurance Technologies Corporation (ITC) has announced another deal that will put more capabilities into the hands of agents. The provider of websites, marketing, comparative rating, and management software and services revealed this week that it has acquired Agency Matrix, whose offerings include its agency management system, insurance agency websites, document management, ...

Core Insurance, Intellectual Property

PRnewswire | March 21, 2023

NSM Insurance Group, the nation's leading specialty insurance provider with more than $1.5B in premium across 25+ niche insurance programs in the U.S. and U.K., today announced the completion of its acquisition of Sequoia Reinsurance Services, LLC, IOA Re, LLC and its divisions Rockport Benefits and Insurance Resources and Auditing Services, LLC, subsidiaries of ELMC Risk Solutions, LLC ("ELMC"), a portfolio company of J.C. Flowers & Co. ("J.C. Flowers"). J.C. F...

Allstate | April 07, 2020

Allstate, one of the largest auto insurance companies in the United States, has today announced it will return more than $600 million to auto insurance customers amid the COVID-19 pandemic. Personal auto insurance customers of Allstate, Esurance and Encompass (two subsidiaries of Allstate) will be reimbursed approximately 15% of their monthly premium in April and May through a Shelter-in-Place Payback. They will get the money through a credit to their bank account, credit card or Allstate accoun...