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Singlife with Aviva launches accelerator for InsurTech start-ups

Signapore-based financial services firm Singlife with Aviva has announced the launch of Singlife Connect, its accelerator programme to support and spur the growth of InsurTech start-ups. Singlife Connect will focus on developing scalable market solutions to innovate and transform insurance...

Insurtech Company Oyster Raises $3.6M Seed to Launch Its Point-of-Sale Platform for Personal Insurance

Oyster, an insurance technology company that provides personal insurance through seamless point-of-sale and post-purchase experiences, announced that it has raised a $3.6 million financing round. New Stack Ventures led the round and was joined by Global Founders Capital, Conversion...

Major International Insurtech Company bolttech Selects Sapiens for Complete P&C Core TransformationSapiens International

Corporation, a leading global provider of software solutions for the insurance industry, announced the deployment of its cloud-first P&C core platform IDITSuite, in addition to the Data Analytics platform Sapiens Intelligence, with bolttech, a major international insurtech. bolttech’s legacy systems...

Stellar National Holdings Launches New Life Insurance Company

Stellar National Life is being launched with a focus on becoming a fully digital issuer of annuities and a partner of choice for the U.S. independent annuity sales channel. Stellar National Life intends to offer a mix of mainstream...

Ever-Increasing Cyber Insurance Rates and Possible Solutions

As per an industry expert in cyber security, small and medium-sized enterprises (SMEs) may be priced out of purchasing cyber insurance in 2023 as rising premium costs will continue to be an ongoing problem for the cyber insurance industry...

Medical Groups Including AMA Resist Pending Medicare Cuts

The American Medical Association and every state medical society have written to congressional leaders, warning them that any reduction in Medicare payments will undermine Medicare's capacity to deliver on its promises to seniors. The groups are asking Congress to take...

CMS-US Outlays Rule To Boost Prior Approval And Interchange

The Centers for Medicare and Medicaid Services are modifying prior authorization requirements in a recently proposed rule to shorten the time it takes payers to accept requests, and they are introducing HL7 FHIR standards to facilitate an electronic procedure. CMS...

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