TDI Daily Newswire - 08th January 2021

Published: Fri, 01/08/21

Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.

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RGAX launches cloud-based underwriting engine UWPal

RGAX, a subsidiary of life and health reinsurer RGA, has launched a new cloud-based underwriting engine called UWPal. The Software as a Service (SaaS) engine is designed to allow a firm’s underwriting rules to be regularly and efficiently optimised to improve performance and incorporate the latest medical insights.

REINSURANCE NEWS

Breeze adds critical illness insurance to digital platform

Omaha-based insurtech company Breeze announced the launch of a critical illness insurance product now available to consumers on its digital platform. This move expands the company’s partnership with Assurity Life.

COVERAGER

Yukon Workers’ Compensation Implements Sapiens ClaimsPro Upgrade

The Yukon Workers’ Compensation Health and Safety Board has implemented a newly upgraded version of Sapiens’ ClaimsPro workers’ compensation platform. The new version including a state-of-the art technology stack that will enable Yukon to further streamline end-to-end claims processing and reduce claims processing expenses.

IIR

Pen Underwriting Extends Long-Term Partnership with Zurich

Pen Underwriting, the UK-based managing general agent, announced a new long-term UK capacity deal with Zurich Insurance in the specialist area of hazardous industries and tanker transportation.

INSURANCE JOURNAL

Marsh forms new sharing economy expert group

Marsh has set up an industry group for sharing economy and mobility clients in the UK and Ireland. The Sharing Economy & Mobility (SE&M) group brings together 25 sector specialists in insurance placement and risk management from across Marsh.

COMMERCIAL RISK

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