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Insurance Technology
RLI | March 10, 2022
Simply Business, Inc., a Boston-based digital insurance agency focused on small businesses, today announced the launch of tailored insurance solutions for home-based businesses. The new offering, RLI Home Business Insurance, is underwritten by specialty insurer RLI and covers home and offsite exposures such as general liability, equipment, furniture, fixtures and inventory. Adequate protection for these risks is not typically provided through standard homeowners' insurance policies. <...
Life Insurance
Sapiens, LifeScore Labs | December 04, 2020
Sapiens International Corporation, a main worldwide supplier of software answers for the insurance business, reported today an association with LifeScore Labs, a completely possessed insurtech subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual), to offer life guarantors progressed AI capacities for more exact risk assessment and underwriting. Through a consistent reconciliation with Sapiens Underwriting Pro, transporters can get a moment assessment of mortality ...
GlobeNewswire | September 11, 2020
Prima Solutions, the leading French insurtech group for insurance and reinsurance professionals in North America, Europe, and Asia Pacific, has announced that AGPM has selected Prima XL as its cloud-based reinsurance management platform. The insurer is placing its confidence in Prima XL to optimize its reinsurance operations. The deployment of the Prima XL cloud platform is part of the group’s strategic initiative to streamline its information systems. After acquiring Prima P&C in 2004...
Insurance Business Magazine | January 20, 2020
Auto insurance rates across the US continue to rise, and one state continues to pay the steepest premiums, a new report from The Zebra has found. The insurance comparison site carried out a survey of 73 million rates in 2019, and found that the state of Michigan – already infamous in past years for its high rates – had average annual auto insurance rates of $3,096. This represented a 7.3% increase from 2018’s average, and a 39.5% increase over 2011. By comparison, the national ...
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