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Pinpoint | April 21, 2022
Pinpoint Predictive is pleased to announce a new partnership with Ohio Mutual Insurance Group, through which the two organizations will use applied data and analytics to more accurately predict and evaluate loss risk for the mutual insurer. Industry experts estimate that the average U.S. family pays up to $700 in extra insurance premiums each year to account for the $80 billion in losses experienced due to fraud and premium leakage (underpriced policies due to both intentional and...
Business Wire | October 12, 2020
Lockton, the world’s largest independent broker, is rolling out CyberCube’s Broking Manager, the cyber risks analytics platform for insurance intermediaries. Established in 1966, Lockton has over 60,000 clients globally and is the world’s eighth-largest insurance brokerage. The business has over 100 offices in over 125 countries. CyberCube has designed and tailored Broking Manager specifically to the needs of the insurance broking community. It offers a streamlined approach to ...
Insurance Technologies Corporation (ITC), Accel-KKR, Zywave | December 28, 2020
Accel-KKR, a leading technology-focused investment firm with over $10 billion in capital responsibilities, today declared that it has finished the offer of Insurance Technologies Corporation, a leading supplier of marketing, rating, and management software and services to the insurance industry, to Zywave, Inc. Accel-KKR originally invested in ITC in April 2018 when the firm obtained a greater part interest in the organization from its originator. Through ensuing investment in nat...
Beazley | February 19, 2020
Specialist insurer Beazley has announced enhancements to its Virtual Care insurance policy in the US to offer greater protection for companies that provide technology-enabled healthcare and lifestyle-management services. The global digital health market is expected to reach a total value of $504 billion by 2025, according to Beazley. The sector includes telehealth, which incorporates remote diagnosis and health monitoring, and m-health, which allows people to self-monitor chronic conditions thro...
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