Distribution

The company has interactive, personalized videos that explain coverage options to customers with help from Pitney Bowes.

Sapiens will also provide the UK insurer with its agent/client portal and content management technology as part of the agreement.

Oscar expanded into Los Angeles, Dallas and San Antonio this year and has said it signed up about 145,000 customers across all of its markets.

With the move, the P&C insurer aims to improve its overall billing and customer experience.

The deal marks the second purchase for the insurance software provider in the past 12 months.

The Colorado-based medical liability insurer is in the middle of its IT revamp strategy.

While this may be a small win for establishment insurers, it doesn’t mean these organizations should rest on their laurels. The time is now to innovate, fill a void, and improve overall services.

Established insurance players shouldn't take today's news that Google Compare is shutting down as a sign that the disruptive force is gone for good, say industry observers.

Google spent several years building a presence in auto insurance aggregation in the US and UK only to abruptly pull the plug. Let's recap.

The lesson is not “the old ways are best.” The lesson is “new market dynamics mean new models.”