Temporary Licensing Process Implemented for New Jersey Insurance Producers
The New Jersey Department of Banking and Insurance (DOBI) has implemented a process for issuing temporary licenses to eligible individuals seeking to become insurance...
Hiscox Raises £375M to Respond to U.S. Wholesale, Reinsurance Growth Opportunities
Lloyd’s insurer Hiscox has successfully raised capital of approximately £375 million (US$465 million) as a result of an equity placement of new ordinary shares. The...
COVID-19: Insurance innovation to cater to consumer needs
The COVID-19 or coronavirus outbreak that began in China towards the end of last year has now become a global pandemic. Although it now...
COVID-19: ICBC will refund insurance, waive charges for some customers affected by pandemic
The British Columbia Utilities Commission announced in a release that it has granted ICBC permission to temporarily waive fees and refund insurance for certain...
COVID-19 insurance policy: Paytm India launches coronavirus policy with Reliance General
Paytm announced the launch of novel coronavirus insurance policy in collaboration with Reliance General Insurance. The general insurer, which had launched a dedicated Covid-19...
Alfresco and Tech Mahindra introduce four jointly developed AI/IoT solutions for insurance companies
Alfresco Software, an open source content, process and governance software company, and Tech Mahindra, a leading provider of digital transformation, consulting and re-engineering services...
NICB Launches COVID-19 Fraud Resource Center
The National Insurance Crime Bureau has created the NICB COVID-19 Resource Center. The organization will use the site to host the latest information concerning...
AIA Hong Kong Wins Service and Brand Awards for the Third Consecutive Year
AIA Hong Kong has won in the “Life Insurance Services” category at the “Sing Tao Service Awards 2019” organised by Sing Tao Daily, and...
Swiss Re announces a strategic alliance with Microsoft
Swiss Re and Microsoft Corp. announced a strategic alliance to further advance insurance innovation and extend financial protection to more people globally. The centrepiece...
Boost Insurance raises $14m to expand IaaS platform
The investment, which brings Boost's total funding to $17m, will be used to launch new business lines. New York-based insurance start-up Boost Insurance has...