Pilot Catastrophe Service

Life Insurance

Mercury Insurance | November 19, 2021

Beginning January 3rd, 2022, Mercury Insurance (NYSE: MCY) is rolling out Mercury's My Workplace, a new business model that will allow team members to choose where they want to work. It will give many of the company's team members the freedom to work from home, which may be anywhere in the United States, from the office, or a hybrid combination of both. "Mercury Insurance has learned a lot about how our team members work and how they have taken care of our policyholde...

Core Insurance

Ascend and The Agency Collective | August 22, 2022

Ascend, the first modern insurance payments platform, has been officially endorsed by The AC as their preferred payments and financing platform for its vast member network. Ascend is the first modern insurance payments platform that provides automated all-in-one financing, collections, and payables. The AC is a premier network partner for insurance agencies. They host a network of over 700 agencies and help agents transition from captive to independent models. They are committed t...

Insurance Technology

Insight Risk | June 29, 2022

Insight Risk has successfully deployed Beyond Policy Administration® (BPA), a next-generation policy administration platform, according to ChainThat, an Xceedance company that specializes in software-as-a-service (SaaS) platforms for the global insurance sector. Insight Risk is a technology-driven, builders' risk-focused managing general agency based in Westport, Connecticut, USA (MGA). The company sought a core platform capable of rapid, full product deployment and policy...

Core Insurance,Insurance Technology

Hildene Capital Management | November 25, 2022

Hildene Capital Management, LLC (“Hildene”), a $12 billion credit-focused asset manager, today announced the formation of Ludlow Re SPC, Ltd. (“Ludlow Re”), a Cayman Islands-based, Class B(iii) insurance company. Ludlow Re will offer reinsurance to the global insurance market and, as part of its inaugural transaction, will reinsure approximately $1 billion of fixed index annuity reserves through a quota share agreement entered into with a U.S.-based life in...