Industries

As Covid Cases Rise, Lloyd’s Closes Up Underwriting Floor

With the rising number of Corona virus cases across the UK, the Prime Minister Boris Johnson announced a new national lockdown—overriding the previous tier-based local lockdown system. The sudden lockdown has critically impacted by the insurance industry, like every other business.Because of the lockdown,...

Finance

ApplicInt Partners with SBLI to Simplify Insurance Application

ApplicInt—a leading insurance application fulfillment solutions provider recently led efforts to digitize the Life Insurance application process. In a Pilot, SBLI successfully implemented ApplicInt's U*Complete platform that enables clients to self-complete Life Insurance applications, which is seamlessly integrated into SBLI's fulfillment process. Meanwhile, SBLI...

Finance

Amica Mutual Insurance Joins HOVER and CoreLogic to Transform Underwriting Inspections

HOVER— a technology company involved in transforming smartphone photos of any property into a valuable data set for insurance professionals—today announced their partnership with Amica Mutual Insurance. As one of the national insurer recognized company, they provide a complete data package through HOVER's proprietary...

Finance

Americo, Covr Financial Technologies and SCOR Join Forces to Launch a New Insurance Product

Americo Financial Life, Covr Financial Technologies (Covr) and Annuity Insurance Company (Americo), and global reinsurer SCOR announced the launch of LoanMatch Protector—a first-of-its-kind life insurance policy tailored to a consumer’s precise loan amortization calendar. The new partnership brings LoanMatch Protector to customers of banks,...

Capital Market

Milestone Capitalizes Specialty Insurance Holding Company

Milestone Partners announced that it formed specialty insurance holding company, Insure Homes Holdings, which invested in the recapitalization of Cypress Group Holdings and affiliated insurance service technology companies.The companies also agreed to obtain control of Cypress upon the sanction for the change of control...

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