Neighborhood Health Plan of Rhode Island

Belkins
Neighborhood Health Plan of Rhode Island is a mission-driven organization that partners with the community health centers and others to secure access to high quality, cost-effective health care for individuals, families and small businesses.

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CORE INSURANCE

NOVEA INC. CLOSES $55 MILLION FUNDING FOR FINTECH JACANA WARRANTY'S INSURETECH PLATFORM

Newpoint Financial Group SARL. | December 21, 2021

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Novea, Inc., ("Novea") a financial technology (fintech) software company founded in 2015, announced today that it has closed $50 million in equity and $5 million debt financing. The equity proceeds will go towards wholly-owned subsidiaries of Novea, Jacana Warranty and Jacana Insurance, to support a proprietary user application platform it developed which is revolutionizing the consumer warranty and service contracts industry. The debt proceeds will support general corporate over...

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STATE FARM COULD LOSE TOP AUTO INSURER SLOT TO GEICO

State Farm | January 30, 2020

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State Farm, the number-one auto insurer in the US for decades, may soon be playing second fiddle to GEICO. After losing business in the wake of a series of rate hikes, State Farm held a market share of 17% in 2018 – its lowest share in more than two decades, according to a report by Crain’s Chicago Business. Online insurer GEICO, meanwhile, held 13.4% of the market. If the two companies’ average growth rates persist, GEICO will overtake State Farm as the nation’s largest ...

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CLAIMS

MAJESCO RECOGNIZED AS A CHALLENGER IN 2021 GARTNER® MAGIC QUADRANT™ FOR LIFE INSURANCE POLICY ADMINISTRATION SYSTEMS, NORTH AMERICA

Majesco | August 31, 2021

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Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Challenger in the August 2021 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America. Per the report, which evaluates 15 vendors, “The pace of policy administration system adoption by life insurers in 2020 continued uninterrupted despite COVID-19. North American life insurance CIOs can use this ...

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Cision PR Newswire | September 09, 2020

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Vitech Systems Group announced today that Prudential Group Insurance has signed a long-term contract to use Vitech's V3locity® as Prudential's new core administration platform across its entire group insurance business. Prudential will use V3locity to administer a broad range of insurance products including Accident, Critical Illness, Hospital Indemnity, Term Life, Short and Long-Term Disability, Universal Life, Variable Universal Life and more. The insurer's decision to leverage...

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CORE INSURANCE

NOVEA INC. CLOSES $55 MILLION FUNDING FOR FINTECH JACANA WARRANTY'S INSURETECH PLATFORM

Newpoint Financial Group SARL. | December 21, 2021

Novea, Inc., ("Novea") a financial technology (fintech) software company founded in 2015, announced today that it has closed $50 million in equity and $5 million debt financing. The equity proceeds will go towards wholly-owned subsidiaries of Novea, Jacana Warranty and Jacana Insurance, to support a proprietary user application platform it developed which is revolutionizing the consumer warranty and service contracts industry. The debt proceeds will support general corporate over...

Read More
news image

STATE FARM COULD LOSE TOP AUTO INSURER SLOT TO GEICO

State Farm | January 30, 2020

State Farm, the number-one auto insurer in the US for decades, may soon be playing second fiddle to GEICO. After losing business in the wake of a series of rate hikes, State Farm held a market share of 17% in 2018 – its lowest share in more than two decades, according to a report by Crain’s Chicago Business. Online insurer GEICO, meanwhile, held 13.4% of the market. If the two companies’ average growth rates persist, GEICO will overtake State Farm as the nation’s largest ...

Read More
news image

CLAIMS

MAJESCO RECOGNIZED AS A CHALLENGER IN 2021 GARTNER® MAGIC QUADRANT™ FOR LIFE INSURANCE POLICY ADMINISTRATION SYSTEMS, NORTH AMERICA

Majesco | August 31, 2021

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Challenger in the August 2021 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America. Per the report, which evaluates 15 vendors, “The pace of policy administration system adoption by life insurers in 2020 continued uninterrupted despite COVID-19. North American life insurance CIOs can use this ...

Read More
news image

PRUDENTIAL PICKS VITECH'S V3LOCITY FOR ITS INSURANCE ADMINISTRATION

Cision PR Newswire | September 09, 2020

Vitech Systems Group announced today that Prudential Group Insurance has signed a long-term contract to use Vitech's V3locity® as Prudential's new core administration platform across its entire group insurance business. Prudential will use V3locity to administer a broad range of insurance products including Accident, Critical Illness, Hospital Indemnity, Term Life, Short and Long-Term Disability, Universal Life, Variable Universal Life and more. The insurer's decision to leverage...

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INSURANCE TECHNOLOGY

Making the digital leap in underwriting

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

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