Technology & Analytics
QOMPLX Eyes Global Growth After Planned Reverse Merger Deal
QOMPLX, an InsurTech focused on cyber security risk analytics, said it will become a public company in a reverse merger agreement and then acquire two other companies. The Virginia-based outfit ...
Observers Give Mixed Reception to Chubb’s New Blink Digital Platform
Chubb is an old school P/C insurer touting its new Blink platform for consumers as an "easy, effortless and affordable" option "for digitally-savvy consumers." Interestingly, many InsurTechs use the ...
AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round
A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use the money, in part to propel its North American expansion, ...
Insurer Analytics Firm Earnix Reaches Unicorn Status With $1B Value
Israeli startup Earnix Ltd., which uses advanced analytics to help insurers and banks offer personalized financial products, reached a $1 billion valuation in a financing round led by Insight ...
Insurers, Agents Both Want More Connectivity and Digital Collaboration
Both agents and insurers express strong support for agent-insurer connectivity and digital collaboration in distribution and servicing. Nearly 90 percent of insurers believe it would be useful to ...
Spurned Buyer: CoreLogic Discloses Unsolicited Bid After Already Accepting Another Offer
CoreLogic disclosed it has received an unsolicited bid from a rival, two weeks after the data and analytics firm agreed to a $6 billion acquisition from two private equity firms. CoStar Group, a ...
How to Avoid Litigation With Pre-Suit Claims Analytics
Litigated claims are a key driver of increasing loss and expense ratios for property/casualty insurance carriers. Data-driven approaches—in particular, suit avoidance techniques and proactive ...
For Insurers, Digital Ecosystems Are Now Vital Economic Tools
It is clear that traditional end-to-end business models are breaking down in every industry, including insurance. In the digital era, the standards of service are continually rising, making it ...