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.

The new tool can be used by homeowners seeking up to $1.5 million of coverage for their home and up to $1 million for condominiums.

The platform will allow brokers to offer customized pricing options based on submitted information by customers.

The reinsurer is leveraging Mortality Assessment Technology, generally used in life insurance, to the reinsurance market.

The P&C insurer adds to its initial implementation of Guidewire ClaimCenter in 2010.

Carriers have different measures of success when working with startups, ranging from introducing staff to new technologies to forming strategic partnerships for financial return, according to Novarica.

The vendor will manage Atlas' end-to-end billing process using its Billing Decision platform.

The London-based insurer will deploy TigerRisk Partners' analytics capabilities as it enters the property reinsurance business.

The life insurer attempts to provide customers with a more convenient way to enroll and manage their policies online.

The rapidly changing nature of the connected vehicle, as well as regulatory uncertainty, are stifling investment and innovation for UBI and telematics in insurance.

The insurer is expanding its online offerings to mobile and developing new products for customers' smartphones.