Company Statements
Travelers Companies Now Sends Insurance Claim Payments Via PayPal
The Travelers Companies, Inc. says its insurance customers can now receive claim payments through the digital platform PayPal. Auto, property and general liability claims can use Travelers’ link to PayPal for fast and easy reimbursement, the company said in...
Asia Pacific
Zurich completes 1.6bn acquisition of Australian life insurer OnePath Life
Zurich Insurance Group has wrapped up its previously announced A$2.85bn (£1.57bn) acquisition of OnePath Life, the former Australian life insurance business of ANZ.
OnePath Life provides a variety of wealth and insurance products through financial advisers or directly to customers....
Company Statements
Royal London selects Willis Towers Watsons pricing software for life insurance
Royal London has licensed Willis Towers Watson’s Radar Live quotation software for use in its protection business, making it the first UK company to use the software for life insurance business.
Royal London are now also using Radar Live to...
Company Statements
CLARA analytics introduces a cutting-edge AI-based toolkit to improve risk management
CLARA analytics , the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, announced an advanced AI-based toolkit to assist risk managers in evaluating an entire claim population’s performance, understanding the underlying costs that affect a...
Asia Pacific
PNB MetLife launches Khushi its first customer service app powered with AI
PNB MetLife, one of the top 10 private life insurance companies in India (Fiscal 2018), launched “khUshi”, a customer service app, powered with Artificial Intelligence (AI).
The app is available on android phones and is designed to facilitate seamless customized...
Insurance
CUBE wins MetLife Insurance regtech project
MetLife Insurance has chosen CUBE for a regulatory intelligence and change management pilot project as part of its open innovation programme, “Collab 4.0”.
Created by LumenLab, MetLife’s Asia innovation centre, Collab 4.0 invited insurtechs from around the globe to apply...
Company Statements
Arceo.ai Launches to Bridge the Cybersecurity – Insurance Gap
Arceo.ai, the industry-first provider of cyber resilience solutions, emerged from stealth with the debut of a unique platform that enables insurance carriers to automate and enhance their cyber insurance solutions, while increasing the security of their insureds.
Cyber resilience is...
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