Swiss Re grants access to proprietary underwriting manual

Swiss Re | April 17, 2020

In response to the COVID-19 outbreak, Swiss Re is opening access to its proprietary Life Guide underwriting manual – what it deems the industry’s number one global underwriting manual – to all life and health insurers for 90 days.
The manual will be accessible from April 27 to July 31. The offer is designed to help life and health insurers navigate the effects of the outbreak, better understand the risks they underwrite, and gain confidence in offering coverage at a time when more people are thinking about life insurance and reevaluating their financial situations, Swiss Re said.
A survey conducted by Swiss Re in late March found that 70% of respondents were more likely to reconsider priorities in life, and that many are actively considering buying a life insurance policy.

Spotlight

In business, sometimes you need to take risks to achieve
your dreams. But going without business interruption insurance shouldn’t be one of them.

Spotlight

In business, sometimes you need to take risks to achieve
your dreams. But going without business interruption insurance shouldn’t be one of them.

Related News

ANNUITIES

F&G Selects Majesco to Accelerate Digital Transformation

F&G, Majesco | January 13, 2021

Majesco, global leader of cloud insurance software solutions for insurance business change reported that F&G, a main supplier of annuities and life insurance, has chosen Majesco Distribution Management, Majesco Digital1st® Insurance and Majesco CloudInsurer® to empower their distribution activity and development methodology for digital change. “In today’s competitive landscape, our ability to rapidly onboard numerous independent brokers, new distribution partners and support acquisition of books of business is crucial to our digital transformation strategy,” said Matt Christensen, SVP Insurance Operations at F&G. “We are proud to partner with Majesco to accelerate our digital transformation strategy better positioning F&G to capture opportunities and growth in a multi-channel world.” F&G will execute Majesco Digital1st® Insurance to give a cutting edge maker commitment experience for onboarding and self-administration and Majesco Distribution Management for maker relationship management and compensation management all on Majesco CloudInsurer®. “We are thrilled to have F&G join our customer community and help them accelerate their digital transformation and growth strategy with our next generation distribution solutions,” stated Eric Bustos, Vice President of Digital1st® and Distribution Management at Majesco. “As the insurance market rapidly changes, the distribution landscape is where insurance providers can create and sustain a competitive edge and where our solutions provide the next generation capabilities, today. We look forward to a long strategic partnership with F&G.” Majesco Distribution Management offers a cutting edge answer for deal with the complexities of a changing distribution landscape utilizing innovation that keeps the insurance suppliers on the main edge by lessening an opportunity to execute another distribution plan or merge the current channel landscape onto a typical stage. From dealing with different channels, to handling mind boggling and high-volume changes, and customizing installment plans for channels, to obliging reconciliation with existing center insurance frameworks, Majesco Distribution Management empowers spryness, advancement and speed. About Majesco Majesco provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business and the future of insurance at speed and scale. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling and personal. Over 200 insurance companies worldwide in P&C, L&A and Group Benefits are transforming their businesses by modernizing, optimizing or creating new business models with Majesco. Our market-leading solutions include CloudInsurer® P&C Core Suite (Policy, Billing, Claims); CloudInsurer® LifePlus Solutions (AdminPlus, AdvicePlus, IllustratePlus, DistributionPlus); CloudInsurer® L&A and Group Core Suite (Policy, Billing, Claims); Digital1st® Insurance with Digital1st® Engagement, Digital1st® EcoExchange and Digital1st® Platform a cloud native, microservices and open API platform; Distribution Management, Data and Analytics and an Enterprise Data Warehouse.

Read More

INSURANCE TECHNOLOGY

Battleface Announced the Launch of its Partnership with TripActions

Battleface | April 29, 2022

Battleface announced the launch of its partnership with TripActions, which is an all-in-one travel, corporate card, and expense management solutions providing company. TripActions helps companies and their employees’ traveling management in terms of expenditure, safety, accounts and drives productivity. The novel collaboration brings Battleface with TripActions to provide a more user-friendly travel security expertise. Customers can now access highly customizable travel insurance options through the Battleface Discovery product. The product range would cover all the expenses and an exclusive elevated Rental Car Injury safety provision. TripActions vacationers can also benefit from the partnership by receiving advanced customer service and assistance. We are delighted to join forces with TripActions' innovative team. The new modular travel insurance option will give TripActions' Lemonade users the ability to protect their trip with vast relevant coverage options tailored to each traveler's specific needs. This will ultimately be saving money by eliminating unwanted and unnecessary benefits." Alex Lazcano, Battleface's director of partnerships. We are excited to propose TripActions users a customizable travel insurance offering in collaboration with Battleface. This offering enhances our users' personal travel experiences and gives them additional peace of mind related to their next adventure in protecting by cutting-edge insurance technology." Laura Mighdoll, TripActions' Director of Partner Marketing.

Read More

INSURANCE TECHNOLOGY

Guidewire Software Announces Promotion of PartnerConnect Consulting Partner, Exavalu, Inc.

Guidewire | June 10, 2021

Exavalu, Inc. is promoted to PartnerConnect Consulting Select partner by Guidewire Software, Inc.; the platform P&C insurers rely on to engage, innovate, and expand effectively. There are three relationship tiers in the PartnerConnect Consulting partner program: Select, Advantage, and Global Premier. The levels are designed to award partners based on their accomplishments and contributions, such as insurance sector expertise, the number of Guidewire certified employees, and specialization achievement. Exavalu, Inc. is a consulting company focused on the insurance industry that serves as a trusted adviser to significant property and casualty insurers on core and digital transformation. Exavalu’s global Guidewire practice comprises seasoned experts with several years of implementation expertise in the Guidewire suite of products, including InsuranceSuite, Digital, Data, and InsuranceNow, along with Guidewire Cloud, Guidewire’s cloud services. “We congratulate Exavalu, Inc. on its well-deserved promotion to Select partner within our PartnerConnect program,” stated Lisa Walsh, vice president of Alliances at Guidewire Software. “We are delighted to recognize Exavalu Inc.’s proven implementation experience throughout Guidewire’s suite of products, and we look forward to strengthening our collaboration in serving our mutual and valued customers.” About Exavalu, Inc. Exavalu, Inc. is a consulting firm focusing on the insurance business that serves as a trusted advisor to leading Property & Casualty insurers on Core and Digital Transformation. We assist insurance carriers in executing their market growth, profitability, cost-cutting, risk management, and innovation strategies. Our global team of highly experienced Insurance business and technology SMEs provides carriers with advisory and implementation services on core modernization, customer experience enhancement, integration, automation, data analytics, artificial intelligence, and cloud migration and engineering. About Guidewire PartnerConnect Guidewire PartnerConnect Consulting partners offer business transformation and strategy consulting and implementation and related solution and delivery services. Guidewire Consulting practices now have over 12,000 consultants globally that have been trained or have expertise with Guidewire products. Guidewire PartnerConnect is a program that is exclusively available via invitation.

Read More