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Technology in Insurance

Sapiens to buy North American P&C solution provider Adaptik Sapiens International has agreed to acquire Adaptik, a provider of property and casualty insurance policy administration solutions.
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InsurChain, LoCo HK to jointly promote InsurTech development on global scale InsurChain parent company XLab Foundation has partnered with the insurance department of LoCo Hong Kong (LoCo HK).
Technology > Technology in Insurance > News Guidewire joins Plug and Play’s ecosystem to advance P&C insurance innovation Guidewire has partnered with Plug and Play to foster innovation in property and casualty (P&C) insurance.
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Latest Technology in Insurance News and Insight

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Barbican to use FICO Enterprise Security Score to measure cybersecurity risk of insureds
By IBR Staff Writer
FICO Enterprise Security Score has been selected as Barbican Insurance Group's predictive analytic measure of cybersecurity risk for breach insurance underwriting.
Technology > Technology in Insurance > News
Instant life insurance provider Ladder secures $30m in series B funding
Life insurance firm Ladder has raised $30m in Series B funding, led by RRE Ventures along with participation from Thomvest Ventures, as well as its existing investors: Canaan Partners, Lightspeed Venture Partners and Nyca Partners.
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Acuity brings AI capabilities to omni-channel customer service
Acuity Insurance has launched automated billing chat capability (billing bot) using an artificial intelligence (AI) service.
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SoftBank leads $120m investment round for AI insurance startup Lemonade
By IBR Staff Writer
Lemonade, an insurance company powered by artificial intelligence (AI) and behavioral economics, has raised $120m in funding for global expansion.
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American Family Insurance acquires Networked Insights
By IBR Staff Writer
American Family Insurance has invested in advanced analytics and artificial intelligence (AI) through acquisition of Networked Insights.
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Three new customers license FINEOS for group insurance core processing needs
FINEOS, a provider of core systems for life, accident and health (LA&H) insurance, has announced three new customers who have acquired FINEOS as a cloud service.
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Sirius Group selects Insurity SIMS Claims and Oceanwide Bridge Billing offerings
Sirius Group has selected Insurity’s SIMS Claims as well as the Bridge Policy Administration and Bridge Billing offerings from Oceanwide, an Insurity company.
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Delta Insurance launches Singapore’s first automated online insurance platform
Delta Insurance Singapore has launched DeltaDigital.sg, Singapore’s first online financial lines insurance platform.
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Everest Re implements DXC Technology’s Xuber for reinsurers platform
Everest Re Group said it has officially moved the Xuber for Reinsurers platform into production for all of its global reinsurance subsidiaries.
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Octo Telematics crosses three million UBI telematics policies in North America
Octo Telematics has surpassed the activation of three million usage-based insurance (UBI) users in North America, which is 50% increase in one year.
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