InsurTech NY Opens Third Annual Early-Stage InsurTech Competition

Insurance News for InsurTech Early Stage Competition 2022

InsurTech NY has opened the application window for its third annual InsurTech Early-Stage Competition (www.insurtechny.com/competition). Three winning teams will split $200,000 in prizes. InsurTech startups will be selected as finalists based on their growth potential and market opportunity. The top teams will be invited to present at the InsurTech Spring Conference held on March 7th at the New York Marriott Marquis. Finalists from the previous years’ competitions gained broad industry recognition and were able to raise investment rounds shortly following the competition conclusion. Honeycomb Insurance (2020) and Delos Insurance (2021)…

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2021 Demonstrated the Value of Captive Insurance: CIC Services Shares the 30-Day Countdown

CIC Services

KNOXVILLE, Tenn. – November 2, 2021 – 2020 proved to be a challenging year for many businesses as they navigated the fall out of the pandemic. As 2021 unfolded and COVID cases decreased, many experts felt this was the light at the end of the tunnel and an end to COVID woes. But unfortunately, that wasn’t the case. 2021 has had its own obstacles. Although businesses have been able to reopen and, in most cases, resume business as usual minus some concessions, businesses have still been plagued by supply chain…

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Headline: FinTech Global’s InsurTech100 list reveals the must know companies in the sector in 2021

InsurTech 100

As the InsurTech sector continues to hit record investment levels, FinTech Global has revealed the 100 most innovative InsurTech companies as part of its fourth annual list. The InsurTech100 2021 is a ranking of the world’s most innovative technology solution providers that address the digital transformation challenges within insurance. An exhaustive list of 1,400 companies was compiled by FinTech Global. This data was then assessed and voted on by a panel of analysts and experts. Finalists were selected for their innovative use of technology to solve a significant industry problem or generate…

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Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting

Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting

Morristown, N.J. (August 31, 2021) – Dennis M. Baez joins Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, as a senior vice president of underwriting. He is responsible for underwriting primary and excess business within the retail and wholesale insurance communities, fostering strong broker relationships and achieving profitable growth for Berkley Construction Professional’s contractors’ and owners’ professional liability portfolio. “Dennis’ extensive experience at several global leaders in insurance broking will help us better understand the professional liability needs of our customers and enable us to develop…

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Luma Appoints Annuity Industry Leader Keith Burger as Director of National Sales

insurance news industry

Cincinnati, OH, June 15 2021 – Luma Financial Technologies (“Luma”), an independent, market leading multi-issuer structured products and annuities platform, announced today that annuity industry veteran, Keith Burger, has joined the company as National Sales Director for Annuities. Mr. Burger will lead Luma’s rapid expansion across all distribution channels as the annuity technology platform of choice. He will oversee the firm’s strategic initiatives to provide Luma’s scalable platform to financial professionals looking to increase the efficiency and effectiveness of transacting in the annuity marketplace. Firms who implement the Luma platform…

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A3logics envisioned tech stacks for secure and scalable future development

A3logics envisioned tech stacks for secure and scalable future development

Powerful API integrated solutions, Augmented customer 360 management solutions, and technology integrated mobility solutions for A3logics customers. A3logics, a leading IT professional services provider, reported entering into a new development approach by adopting the innovative and demanding technology stack. To accelerate digital transformation and reap massive time efficiencies, A3logics realized the need for an integrated solution around EDI integration and other platforms. As this transformation was in the process to roll out across operations, A3logics expected increased and improved efficiency. What Affected the Introduction To This Change?  As an integrated…

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5 Things Insurers & MGAs Should Consider When They Select A Software Solution For Their Broker Management

insurance news for broker management software

tigerlabs PaaS Insurance Solution “i2go” helps Insurers and MGAs to manage their brokers in order for them to keep track and automate processes. Meanwhile brokers can easily access to sell policies, create activities, check on their own performances, manage leads and engage with their clients. A Solution that insurance businesses and brokers will love. London, 08.06.21: In most cases, the connection between insurers and brokers is lacking because brokers often use their own broker management software which is not connected to the insurer. In this case, valued data is going…

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