AXA XL Buys London-Based Title Insurance Agency, Agrees to Buy Mexico Title Insurer

AXA XL | November 27, 2019

AXA XL Buys London-Based Title Insurance Agency, Agrees to Buy Mexico Title Insurer
AXA XL announced it has completed the acquisition of Secure Legal Title Ltd., a London-based insurance agency and Lloyd’s approved coverholder, with operations in the U.K., Europe, India and the Americas. Founded in 2012, Secure Legal Title provides insurance to cover legal risks in property transactions and mortgage finance. Secure Legal Title’s products include title insurance, legal indemnities, and title to shares insurance for real estate merger & acquisition transactions. The firm’s clients are real estate equity investors and developers, energy and infrastructure investors and developers, and mortgage lenders.

Spotlight

Marketers have invested in and leveraged data-driven marketing for decades. But it’s still a challenge for most. The key question is: Why? We worked in partnership with Savanta, specialists in market research and data collection, and interviewed senior marketers, data influencers and decision-makers on the state of data-driven marketing across different industries, including Insurance (P&C, life and health), Pharmaceutical, Retail, Consumer Packaged Goods, Travel, Entertainment, Sports, Auto and Financial Services. We asked B2C and B2B.

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INSURANCE TECHNOLOGY

Invoice Cloud Assists the Insurance Industry in Accelerating Digital Transformation

Invoice Cloud | March 17, 2021

Invoice Cloud, an EngageSmart answer for online bill payment services, today reported huge development in the insurance industry, having marked 150 insurance clients in three years. Invoice Cloud presently serves clients in large commercial and personal lines, laborer's compensation, farm bureaus, medical malpractice, regional carriers, and managing general agents (MGAs)— supplanting significant contenders more than 40 times. The previous year brought a restored push for advanced change in the insurance industry as a worldwide pandemic challenged insurers to communicate, service and process manual payments, and to win new business. All must be managed without taking a chance with the wellbeing and prosperity of workers acquainted with an in-person working model. With mail frameworks under huge tension in the midst of extreme climate occasions and a critical expansion in volume, the requirement for protected, productive, easy to use computerized payment choices has additionally skyrocketed. People and independent ventures have been under colossal monetary pressure with worldwide disturbance and a financial plunge at play, just enhancing the requirement for disentanglement of payments. Invoice Cloud clients have encountered striking, substantial advantages from the stage. California Mutual, for instance, encountered a 151% expansion in e-appropriation and higher consumer loyalty, a 15x expansion in paperless enlistment, a normal diminishing of 15 hours of the week spent on payment compromise, and a lessening in sent payments, all inside a year of carrying out the Invoice Cloud arrangement. Invoice Cloud has additionally as of late marked two large clients in laborer's compensation insurance. The organization's work with carriers of laborer's compensation insurance shows the arrangement's top-rate customization abilities, as these clients frequently choose a pay-more only as costs arise plan rather than the basic level fee model utilized by most insurance organizations. About Invoice Cloud Invoice Cloud, an EngageSmart solution, is the leading provider of online bill payment services. Founded in 2009, the company has grown to be one of the leading disruptors in the cloud-based electronic bill presentment and payment (EBPP) space, helping legacy institutions put customer experience first. By switching to InvoiceCloud, clients improve customer engagement, loyalty, and efficiency while reducing churn and missed payments in the process. With over 2,100 clients across the US and over 50 million payments processed annually, InvoiceCloud is one of the most secure, innovative, and inclusive fintech solutions in the market.

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FAO, GAIN and Johns Hopkins Alliance for a Healthier World Launches Online Food Policy Tool

FAO | June 05, 2020

The Global Alliance for Improved Nutrition (GAIN) and The Johns Hopkins Alliance for a Healthier World have launched a new online food policy tool designed to help decision makers. The Dashboard houses food systems of more than 230 countries and territories by bringing together data for over 170 indicators from 35 sources. Policymakers would also be able to look at long-term average annual precipitation in their country and how this is changing over time in the face of climate change. The Food and Agriculture Organization of the United Nations (FAO), The Global Alliance for Improved Nutrition (GAIN) and The Johns Hopkins Alliance for a Healthier World have launched a new online food policy tool designed to help decision makers. The Food Systems Dashboard is a holistic resource intended for policymakers, non-governmental organisations, businesses, civil society leaders, and other actors to enable timely visualisation of national food systems, understand the interconnections across multiple sectors, perform comparisons with other countries, identify key challenges, and prioritise actions. What struck us back in 2017 while working on the UN High Level Panel of Experts on Food Systems and Nutrition Report was the lack of accessible, organised, quality-checked information on food systems. Without that data, it’s difficult to identify the best evidence-based actions that could improve food systems. It was really important to us, given the level of complexity and interconnections inherent to food systems, that the data be presented in a way that is easily usable – and that’s what the Dashboard does. Now decision makers have easy access to both data and to policy advice that is specific to their situations, Johns Hopkins Global Food Ethics and Policy Program Director, Jessica Fanzo. The Dashboard houses food systems of more than 230 countries and territories by bringing together data for over 170 indicators from 35 sources. It aims to enable stakeholders to compare their food systems with those of other countries, and will provide guidance on potential priority actions to improve food systems’ impacts on diets and nutrition. Read More: IBM and Aegon Join Forces to Enhance the Service for Around 800,000 Customers Digitally “The Dashboard has the potential to halve the time required to gather the relevant data, helping public agencies and private entities to grasp the three Ds more rapidly: Describe national food systems, Diagnose them to prioritise areas for action, and then Decide on the action to take based on plausible interventions that have been tried in other countries,” said GAIN’s Executive Director and World Food Prize winner, Lawrence Haddad. For example, a policymaker in the Ministry of Health can look at country-level data about people’s intake of fruits, vegetables, and whole grains, as well as nutrition and health outcomes such as high blood pressure, which may indicate a correlation between lower intakes of these nutritious foods and a higher prevalence of high blood pressure. The data can be compared across countries by region, food systems type, or income classification to inform public health policies to promote increased intake of these foods. Policymakers would also be able to look at long-term average annual precipitation in their country and how this is changing over time in the face of climate change. This, paired with data on the percent of cultivated land equipped for irrigation, aims to help inform decisions such as how to best utilise their agricultural water sources to increase yields of key crops. FAO is contributing its extensive expertise in making complex food systems information more transparent and accessible to this project and looks forward to further collaboration with our partners and beyond to secure the success of this initiative, FAO Director-General, Qu Dongyu. “The Dashboard is open to all and will foster much needed cooperation in transforming our food systems. With the threats and opportunities presented by COVID-19, we need more collaboration between stakeholders who care about hunger, nutrition, livelihoods, climate, biodiversity, and sustainable natural resource use. Working together and sharing information is also essential in order to meet the Sustainable Development Goals, which are now just 10 years away,” Dongyu added. Read More: InsurTech Leaders Partner to Provide Independent Agents With Tailor-made Business Solutions About FAO The Food and Agriculture Organization (FAO) is a specialized agency of the United Nations that leads international efforts to defeat hunger. Our goal is to achieve food security for all and make sure that people have regular access to enough high-quality food to lead active, healthy lives. With over 194 member states, FAO works in over 130 countries worldwide. We believe that everyone can play a part in ending hunger.

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BriteCore and Xceedance Announce Strategic Partnership

Cision PR Newswire | August 17, 2020

BriteCore, a leading provider of next-generation core software solutions for insurers, and Xceedance, a consulting, technology, and managed services company focused on property and casualty insurance, today announced that Xceedance has joined BriteCore's growing partner ecosystem. The cloud-native BriteCore platform provides end-to-end support for P&C insurers, including core policy, billing and claims modules, agent and policyholder portals, and data and analytics capabilities. BriteCore has seen rapid expansion in its customer base over the last decade. Xceedance has developed deep domain expertise from its work with insurers, reinsurers, brokers, and MGAs, and will provide diverse services to BriteCore clients in support of their system implementations. "The partnership expands BriteCore's capacity to support our growing client base," said Phil Reynolds, CEO, BriteCore. "We're especially pleased with the systems integration, configuration, and strategic support services that Xceedance offers, which align with the implementation strategies that BriteCore has refined over the last decade.

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Spotlight

Marketers have invested in and leveraged data-driven marketing for decades. But it’s still a challenge for most. The key question is: Why? We worked in partnership with Savanta, specialists in market research and data collection, and interviewed senior marketers, data influencers and decision-makers on the state of data-driven marketing across different industries, including Insurance (P&C, life and health), Pharmaceutical, Retail, Consumer Packaged Goods, Travel, Entertainment, Sports, Auto and Financial Services. We asked B2C and B2B.