News

UK Top Court Simplifies COVID-19 Business Insurance Payments

Every small businesses from restaurants to nightclubs and beauty parlours won the right to insurance payouts on this Friday after Britain’s highest court ruled many policies should cover losses caused by coronavirus and the related lockdown. Some of the leading  commercial insurers including Hiscox,...

Insure on to Offer its Rating and Quoting Technology to Insurance Brokerages

Insureon—one of the largest independent agency for the online delivery of commercial insurance to small and medium-sized businesses—is now offering insurance brokerages and agencies access to its proprietary technology through a new SaaS product called Insureon Accelerate. This unique solution allows brokers and agents...

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...

Accel-KKR Completes Sale of Insurance Technologies Corporation (ITC)

Accel-KKR is a leading technology-focused investment firm with over $10 billion in capital commitments. The company today announced that it completed the sale of a leading provider of marketing, rating, and management software and services to the insurance industry.Accel-KKR first invested in ITC in...

How Healthcare is Leveraging Cloud Storage

It is very important for every sector to shift to a means of storage that is more efficient in handling data on its own. The healthcare sector especially needs a lot of guidance in storing data because this sector stores critical and delicate data...

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