Danni Santana

The new AMsuite platform will support American Modern's refreshed suite of personal lines products.

Customers are now encouraged to provide service-specific ratings on the carrier’s website.

The strategy remains a good way for newcomers to enter the market, but carriers must provide additional value propositions to the consumer, Novarica says.

With the acquisition, the health insurance technology provider expands its services into the group benefits market.

The Streetwide Drivers Club app allows customers to earn rewards points toward gift cards on popular brands and receive premium discounts.

The agreement fuels recent trends of vendor M&A activity in the industry, as insurtech providers align themselves to create better market position.

The UK insurer expands its current relationship with the vendor, having already deployed Guidewire for billing.

With the move, the insurer expects to improve its rating and electronic archiving capabilities.

Automation of certain processes was cited as a driver in the selection.

The workers' comp insurer will also deploy Oceanwide's agent portal, per the agreement.