Sapiens, Atidot | April 22, 2021
Sapiens International Corporation, a main worldwide supplier of programming answers for the protection business, reported today a concurrence with Atidot, a cloud-based SaaS supplier of AI and AI answers forever and annuity backup plans. The association works with new ways for North American and European safety net providers to produce income through examination and noteworthy bits of knowledge.
The joint arrangement enables life and annuity safety net providers to boost the worth they acquire from their books of business. The arrangement produces significant experiences empowering better assistance for policyholders and new income age as it is coordinated with Sapiens CoreSuite for Life Insurance, Sapiens IllustrationPro, just as Sapiens' examination and advanced contribution.
"Sapiens continually means to mine innovations and give best in class answers for its client base and adds esteem through a broad environment of insurtech new companies. Coordinating Atidot's AI and prescient investigation stage with our center set-up of items empowers life backup plans to improve productivity and offer better assistance to their clients," said Roni Al-Dor, Sapiens president and CEO.
Established by a group of information researchers and veteran statisticians, Atidot offers a cloud-based stage that gives information-driven bits of knowledge to advise dynamic, drive new business methodologies, and make new income streams utilizing AI, AI prescient examination innovation. Atidot works with driving Tier 1 disaster protection organizations in North America and Europe and was chosen in 2020 by Gartner as "Cool Vendor 2019 in Insurance."
"We are eager to collaborate with Sapiens to empower clients to push ahead to the information time. Atidot carries problematic development to the life coverage industry, giving a stage that will help improve productivity and personalization of arrangements and adopt a proactive strategy to chance decrease," said Dror Katzav, Atidot Co-Founder and CEO.
Together, Sapiens and Atidot offer a one-of-a-kind programming arrangement that is dynamic, constant, and prepared with industry information. The joint stage use outside information and AI abilities to give business experiences a long way past those that conventional investigation techniques utilizing static demonstrating can show. The arrangement applies to associations' advertising, dispersion, item, and information offices.
Sapiens CoreSuite Life Insurance works with computerized change and quick an ideal opportunity to-an incentive for advanced systems. It empowers life transporters to become drawn in, coordinated associations with expanded deals openings. By incorporating CoreSuite with Sapiens progressed examination arrangement and information stockroom, guarantors can rapidly create significant experiences, self-administration business insight, and information revelation capacities, across every cell phone, remembering for the cloud.
Atidot is a pioneer in the prescient examination, computerized reasoning, and AI answers for the life coverage and annuity industry. Atidot's cloud-based stage gives safety net providers information-driven, significant bits of knowledge that set out new income-producing open doors to expand deals and client maintenance. Atidot arrangements likewise give a profound comprehension of backup plans' item situating and serious scene, empowering transporters to change their item technique and respond rapidly to changing economic situations and rivalry. Atidot works with Tier 1 industry pioneers in North America and Europe and was chosen by Gartner to be "Cool Vendor 2019 in Insurance." The organization has workplaces in California, London, Spain, and Israel.
Sapiens International Corporation engages backup plans to prevail in a developing industry. The organization offers computerized programming stages, arrangements, and administrations for the property and loss, life, benefits and annuity, reinsurance, monetary and consistency, laborers' pay, and monetary business sectors. With over 35 years of involvement conveying to more than 600 associations around the world, Sapiens has a demonstrated capacity to fulfill clients' center, information, and advanced prerequisites.
Oakbridge Insurance | September 17, 2021
Oakbridge Insurance Agency LLC (Oakbridge), one of the largest independent insurance and risk management agencies in the Southeast, today announced a new partnership with Snider Killingsworth Insurance & Risk Management (Snider Killingsworth) based in Griffin, Georgia. The partnership strengthens Oakbridge's footprint in Georgia, particularly within the growing Metro Atlanta region, and sets the stage for continued expansion in the Southeast.
The partnership provides both firms with access to a broader pool of resources, industry knowledge, and niche expertise across several specialty insurance offerings, such as specialized construction, non-profit, transportation and logistics, and retail.
We are excited for our partnership with Snider Killingsworth and how the combination provides expanded expertise and resources for our clients, At its core, our purpose is about helping people and we do that through providing our clients with the highest levels of service and expertise. By combining forces with Snider Killingsworth, we increase our ability to strategically support our clients with an expanded offering of solutions while also strengthening our already deeply rooted presence in the Griffin community.
- Oakbridge CEO Robbie Smith.
Founded in 1947 by Otis M. (Pete) Snider Jr., and purchased by Terry L. Killingsworth in 1983, Snider Killingsworth has long been known for excellence in client service, from listening attentively to client needs to providing comprehensive, straightforward, and thoughtful independent risk management solutions to advocating for client interests. In addition to aligning with Oakbridge's values and culture, the firm's existing carrier relationships and industry practice areas are a great complement to Oakbridge's offerings.
We are thrilled to become an Oakbridge partner and look forward to the growth and momentum that's ahead for our organization. This partnership will allow us to share best practices, create greater efficiencies and deliver even higher levels of value for our clients.
- Snider Killingsworth CEO Terry Killingsworth.
As an Oakbridge partner, Snider Killingsworth will maintain its office in Griffin, Georgia.
About Snider Killingsworth Insurance Agency
Snider Killingsworth is an independent insurance agency in Griffin, Georgia, that has been serving businesses, individuals and families in the southeast since 1947. Snider Killingworth offers personal and business insurance as well as general risk management and is affiliated with the Independent Insurance Agents & Brokers of America (IIABA) and its Trusted Choice program, as well as with the National Association of Professional Insurance Agents (PIA)..
About Oakbridge Insurance Agency
Founded in 2020 through the merger of four leading insurance and risk management firms in the Southeast, Oakbridge Insurance Agency LLC is a rapidly growing partnership model for firms seeking accelerated growth, access to capital and an expanded suite of resources with which to serve clients. Ranked a "Top 100" insurance brokerage by Business Insurance and Insurance Journal magazines, Oakbridge is now one of the largest privately owned insurance, risk management, and employee benefits agencies in the region. The agency has specific experience in the agriculture, bond/surety, construction, financial, health care, manufacturing, municipalities, non-profit, senior living and transportation industries.
iCover | September 13, 2021
iCover, a Missouri-based Insurtech that provides an algorithmic underwriting Platform as a Service (paas) for life insurance companies, raised an undisclosed amount in seed funding. The company intends to use the funds raised to expand insurance distribution through a direct-to-consumer offering, increase technical staff and expand sales and marketing efforts.
iCover also announced a multi-year partnership with KSKJ Life, headquartered in Joliet, IL, that allows iCover to onboard KSKJ Life's full suite of products which includes Final Expense, Term Life, Whole Life and Annuities on the platform to digitize their new business processes.
"We are excited about the partnership we have established with the iCover team. The experience and expertise that they offer, from the platform to business development, support our growth strategies and commitment to provide excellent service to our members and agents." (Tony Mravle, CEO for KSKJ Life)
"KSKJ Life is an ideal partner for iCover, they have an innovative mindset, agile approach to delivery and the suite of products that could help enhance the iCover platform." (Hari Srinivasan, CEO for iCover)
iCover is a cloud-based algorithmic underwriting platform that helps insurers sell to the middle market. By leveraging data and predictive analytics iCover can quote, underwrite, and deliver life insurance in under 5 minutes. iCover was built by industry insiders Hari Srinivasan and Nicole Mwesigwa who applied their 30+ years of InsurTech experience and intimate knowledge of automated underwriting technologies.
About KSKJ Life
KSKJ Life is a Christian, community-focused life insurance company that has provided financial security to its members and their families for over 127 years. Licensed to do business in 19 states across the US, KSKJ Life has experienced tremendous financial growth over the past decade reaching over $551 million in assets. Founded in Joliet, Illinois, KSKJ Life offers competitive life insurance and retirement products, premier personalized service and meaningful member benefits and programs, with over 50,000 members nationwide. As a not-for-profit organization, KSKJ Life makes a difference by reinvesting back into local communities and is dedicated to continuing its mission by helping families achieve financial security through the introduction of new products, increased technology and expansion of distribution channels.