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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| | The Insurance Fraud Bureau (IFB) has today announced a partnership with Shift Technology to build a powerful, new fraud detection system on behalf of the UK insurance sector. To ensure the IFB remains cutting-edge in the fight against organised insurance fraud, it has partnered with Shift Technology to
build a solution using AI.
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Neptune Flood has launched a new $30m premium capacity programme to expand the availability of flood insurance across the US. The programme is sponsored by Transverse Insurance and backed by a panel of global reinsurers, which was placed through Acrisure Re.
LIFE INSURANCE INTERNATIONAL
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| | Wunderite, a Boston-based software startup, announced that it has raised $3 million in an early-stage round led by Spark Capital. Wunderite builds and sells software designed to help insurance agencies more rapidly process insurance applications, and automate some of their processes.
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| | A consortium of insurance industry leaders that formed InsurConneXtions Alliance, including AmWins, CRC Group, Heffernan Insurance Brokers, Patra, and others, today announced two new members in Markel and Nationwide. The addition of Markel and Nationwide further enhances the InsurConneXtions Alliance’s
goal of driving processing efficiencies and industry standards by building solutions that leverage AI and automation.
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| | Clear Blue Insurance Group, a property and casualty enterprise that provides commercial and personal insurance programs in partnership with general agencies and reinsurers, has selected Sapiens’ Sapiens ReinsurancePro system to help manage the increasing volume and complexity of the insurer’s ceded
reinsurance strategy.
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