The AA has forged a new partnership with specialist claims data and technology provider Synergy Cloud for a new software-as-a-service (SaaS) solution to handle all of its household claims. The SaaS claims solution will enable The AA to manage all claims in-house, linking them directly with supply chain
partners and customers through a central omni-channel sign-in.
Insurello which helps consumers get the right compensation from insurance companies has raised ~$17.3 million in an investment round led by Nordstjernan Growth, with previous owners Schibsted and Inventure as participants.
Selective Insurance officially opened its LAUNCH Innovation Lab, along with the company’s first department solely dedicated to innovation—operates out of and manages the lab. Though technology innovation has been a focus of the Sussex County-based super-regional property/casualty carrier.
USIC has launched standard micro-insurance for both hurricanes and earthquakes in Puerto Rico. These are intended to benefit homeowners as well as renters who give them emergency cash once the insurance policy is activated and such a catastrophic event occurs.
Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round. The round saw participation from OurCrowd, HIVE2040, AWZ Ventures and Atlantica Group. To date, the company has raised a total of $21m.
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