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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Today’s top selected digital insurance content
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| | Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, today announced an update and expansion of its product offerings. Shift now applies artificial intelligence and advanced data science to additional processes across the insurance
policy lifecycle including underwriting, subrogation, and compliance/financial crime detection. Together, these products make up the Shift Insurance Suite.
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Marrikel, the company that launched in mid-2020 with a product offering of a full reinsurance broking platform, has rebranded itself as Re Square and pivoted to offer just reinsurance auction technology, as an option alongside its full platform.
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| | Greater Than AB has completed a directed share issue of approximately 136 million SEK and has gained a new, active and long-term shareholder. Greater Than is a leading Insurtech providing a new actuarial pricing and risk predictions model, based on Artificial Intelligence.
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| | Insurtech company Akur8 has entered into a new partnership to help in improving AXA Direct Japan (ADJ)’s pricing process. The collaboration, effective from this month, also marks Akur8’s first partnership in Asia.The partnership will allow ADJ, which primarily offers automobile insurance in Japan,
further enhance their targeted offer and prices.
LIFE INSURANCE INTERNATIONAL
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| | Travelers Canada launched IntelliDrive, a usage-based auto insurance mobile app that provides customers with a better understanding of their driving habits – and rewards them for responsible driving – by collecting and assessing data on behaviors.
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