Reinsurance News

partnership

Keystone Agency Partners announces partnership with Keyes Coverage

13th June 2022

Insurance brokerage platform, Keystone Agency Partners (KAP) has formed a strategic partnership with Keyes Coverage – an independent insurance agency serving both the personal and commercial insurances needs of customers within Florida. Financial terms of the majority stake transaction were not disclosed. Based in Tamarac, Florida, Keyes has been serving the greater ... Read the full article

Akur8 & MS&AD Insurance Group enter into strategic partnership

9th June 2022

AI-driven pricing insurance company, Akur8 and leading global insurance organization, MS&AD Insurance Group, have announced a new strategic partnership to foster further innovation. With the announcement of this deal, Akur8 continues to expand in Asia and beyond, hand-in-hand with a leading global insurer. In a press release, it notes that the partnership ... Read the full article

Verisk & LIMRA partner to combat financial crimes in life insurance

8th June 2022

Global data analytics provider, Verisk has announced that it is partnering with LIMRA to deliver greater capabilities to insurers and recordkeepers, to help them combat fraud and financial criminal attacks on their customers. The partnership will expand Verisk’s extensive anti-fraud portfolio, which includes ClaimSearch,  the world’s largest database of property and ... Read the full article

Akur8 & Duck Creek to offer fully integrated SaaS platform for P&C carriers

7th June 2022

AI-driven pricing insurance company, Akur8, has announced that it has partnered with Duck Creek Technologies – a leading provider of software-as-a-service (SaaS) insurance core systems. The partnership between the two companies will offer property & casualty (P&C) insurance carriers a fully integrated SaaS platform that will streamline and empower insurers’ rate-making ... Read the full article

AXA Tianping collaborates with Akur8 to strengthen pricing process

1st June 2022

AXA Tianping, a member of the AXA Group and one of China’s largest P&C insurers, and Akur8, an AI-driven insurance pricing technology company, have announced a collaboration. The collaboration between the two companies will further enhance AXA Tianping’s pricing process with Akur8’s high-performing AI technologies. Through this partnership, AXA Tianping’s actuaries and ... Read the full article

Munich Re Life US partners with Sparta Science to reduce risk of MSK injury

19th May 2022

Munich Re Life US, the life division of reinsurance giant Munich Re, has announced that it has entered into a strategic partnership with Sparta Science, aimed at reducing the occurrence of musculoskeletal (MSK) injury claims. The partnership will allow Munich Re to offer disability insurance carriers in the US and Canada ... Read the full article

Altamont Capital Partners provides $150m growth capital to Fleming Holdings

18th May 2022

Altamont Capital Partners, a private investment firm based in the San Francisco bay area, has acquired a majority stake and made a $150 million growth capital commitment to Fleming Holdings. The partnership will allow Fleming to grow into an all-encompassing capital solutions provider to property and casualty (P&C) insurance companies. Altamont Capital Partners ... Read the full article

TMK partners with Altelium on battery energy storage warranty

17th May 2022

Tokio Marine Kiln (TMK) has partnered with Insurtech Altelium to deliver the worlds first data-driven battery energy storage system (BESS) warranty programme to help accelerate growth in the battery energy storage market. BESS technology plays a key role in ensuring homes and businesses can be powered by green energy. It is ... Read the full article

Canopius USA partners with Saas tech firm, Origami Risk

16th May 2022

Specialty re/insurer and part of the Canopius Group, Canopius USA, has announced that it is partnering with Origami Risk, the industry-leading risk, safety and insurance Software as a Service (Saas) technology firm. The partnership will provide Canopius USA with access to Origami’s multi-tenant platform for underwriting, billing and claims administration. Origami’s single ... Read the full article

Acies becomes first MGA to offer Previsico’s predictive flood warnings

9th May 2022

Acies SME UK Managing General Agent (MGA), a UK-based tech-focused MGA, and live flooding insurtech firm, Previsico, have announced a partnership that creates the first property insurance policy to offer a preventative alert service for UK SME companies to boost their flood resilience. In a press release, it says that Previsico ... Read the full article

Majesco & CyberCube partner to meet cyber demand

9th May 2022

Majesco, a global provider of cloud insurance software solutions for insurance business transformation, has announced a partnership with CyberCube – a global provider of advanced solutions for cyber insurance risk modelling, rating and underwriting. The partnership between the two companies will accelerate the use of expanded sources of data, signals, and ... Read the full article

Sapiens partners with Mindtree to drive insurance digital transformation

28th April 2022

Technology services company, Mindtree and Sapiens International Corporation, a leading global provider of software solutions for the insurance, banking and financial services industries, has announced a partnership to help insurance companies drive digital transformation. Through the combination of Mindtree’s deep domain knowledge and expansive delivery capabilities, and Sapiens’ industry-leading, cloud-native, core ... Read the full article