The leading provider of administration software for theconsumer and automotive, industrial warranty PCMI (Policy Claims Management International) announced its first equity investment from Boston-based growth equity firm, Equality Asset Management, and First Analysis. However, the companies have not yet disclosed the financial terms.PCMI offers...
Amidst the Covid19 pandemic, insurers have speeded up the use of technology and advanced mobile apps. They also anticipate the growth of technology to continue as the health crisis passes. One of the main reasons for this growth is driven by the social distancing...
CalAmp—a global technology solutions focused on transforming the mobile connected economy— announced a new usage-based insurance (UBI) solution through its subsidiary, Tracker. The program s deployed by SmartDriverClub Insurance, part of Markerstudy Retail. The white-labeled smartphone app solution enables insurers to deliver a branded,...
Agent Review— a company that serves insurance agents and buyers—announces the creation of their innovative Technology Awareness series. These informational alerts are designed to make agents significantly more valuable to their clients. According to Bryan Foos, Agent Review's Operations Manager, "We started Agent Review...
During the Covid-19 insurers have dramatically increased their use of drones and mobile apps. They also anticipate the growth in such technology to continue once the health crisis passes. Some growth in what is known as "insurtech" was driven by the social distancing measures...
