Insurity, a leading provider of cloud-based software and analytics for insurance carriers, brokers, and managing general agents (MGAs), has introduced the Insurity Spreadsheet API. This new solution is set to revolutionize the insurance industry by significantly accelerating product development
The recent affirmation of the Financial Strength Rating (FSR) of A++ (Superior) and Long-Term Issuer Credit Ratings (ICR) of “aa+” (Superior) by AM Best for United States Liability Insurance Company (USLI) and its subsidiaries marks a significant milestone. This recognition underscores the com
In today’s fast-paced world, the insurance industry is ripe for transformation. The complexity and inefficiency have long been pain points for policyholders and companies alike. Andy Ann, the founder of Yas Digital, envisions a dynamic, data-driven approach to revolutionize insurance. By i
The Financial Conduct Authority (FCA) recently launched a comprehensive review focused on refining financial services regulations, with a primary emphasis on optimizing commercial insurance regulation in the UK. This review could significantly impact the industry by lowering regulatory expenses and
In recent months, Aviva, a leading insurance company, has been under scrutiny for raising its insurance premiums, prompting accusations of profiteering. This development has sparked a heated debate about whether these hikes are justified, especially given the economic backdrop post-COVID-19.
The insurance sector is witnessing a notable shift towards instant payments, driven by evolving technology and rising consumer expectations. These developments offer significant promise but also come with challenges, primarily due to outdated systems. Instant financial relief during emergencies is
Flourish Annuities recently announced an expansion of its annuity marketplace through a strategic partnership with Corebridge Financial. This collaboration aims to empower registered investment advisors (RIAs) with innovative financial products designed to enhance the financial outcomes of their
AutoComplete, a pioneering company established to support car dealerships in seamlessly integrating insurance solutions for their customers, has recently closed a significant new round of financing. Known for its strong foundations and robust leadership, this latest investment round signals
The successful launch and rapid profitability of Janover Inc.'s insurtech subsidiary, Janover Insurance Group, has garnered significant attention in the commercial real estate market. Having been launched as recently as March 2024, the insurtech platform achieved profitability within just two
The insurance industry is undergoing a transformative shift, thanks to the integration of Artificial Intelligence (AI). AI technologies such as machine learning, predictive analytics, and natural language processing are enhancing operational efficiencies, refining risk assessments, automating
