Descartes Underwriting, the insurance technology (insurtech) focused managing general agency (MGA) that specialises in parametric and data-driven risk transfer products, has raised Series A capital from leading investment firms to help it to scale up the parametric insurance space.
The Hanover Insurance Group announced a new suite of coverages designed to protect homeowners who generate income through home-based businesses or short-term rentals of their properties.
BNY Mellon has rolled out Automated Medical and Dental Payments Solution to help insurance payers to convert their claims payments from checks to electronic payments.
Global re/insurer, Chubb has announced the launch of Chubb StudioSM, a new platform that aims to streamline the distribution of the company’s insurance products through its partners’ digital channels around the world.
Hyland, a content services provider based in Ohio, has signed a definitive agreement to acquire Alfresco, a content services platform and solutions provider. The transaction is expected to close in the fourth quarter of 2020.
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