CRESCENT STAR INSURANCE LIMITED

Risk Management

Next by Pacific Life | January 14, 2022

Bubble, the company that has made getting tailored home and life insurance an instantaneous online process, today launched its turnkey Insurance-in-a-Box offering on the heels of $1.75M in pre-seed funding anchored by The House Fund with participation from Tuesday Capital, Correlation Ventures, and North Coast Ventures. With Bubble, real estate and mortgage companies are able to embed digital homeowner's and life insurance seamlessly into real estate transactions. This enables people buying ...

Insurance Business Magazine | January 31, 2020

Insurtech investment hit an all-time high in 2019, according to a new report from Willis Towers Watson. Total worldwide funding commitments in the insurtech sector totaled $6.37 billion in 2019. That’s a third of the historic total funding for the sector. The fourth quarter alone saw $1.99 billion invested in 75 projects. Eight “unicorn-making” investment rounds happened last year, according to Willis Towers Watson’s Quarterly InsurTech Briefing. The rounds led to the cre...

Business Wire | October 14, 2020

OWIT Global, a provider of insurance-specific microservices solutions for the global insurance industry, is pleased to announce the immediate availability of its new version of the Integration microservice which is designed to support the industry’s need to create and manage system integration needs. The OWIT Global Integration microservice contains insurance-specific, pre-programmed interfaces to popular insurance services, such as CoreLogic MSB, Experian, Google Geo, Maprisk, and OFAC. T...

Chubb | March 27, 2020

The hackers responsible for the Maze ransomware have claimed that they have hit major insurance company Chubb. The cyberattackers posted news of the attack on their website, claiming that they managed to encrypt devices on Chubb’s network this month. Bleeping Computer reported that as part of their modus operandi, the Maze hackers steal files from their victims before locking the devices with ransomware-based encryption. The stolen files are then used as leverage by the Maze hackers, who t...