insurance products - FinTecBuzz

Haven Life and Kinly Partner to Make Term Life Insurance Accessible

June 2, 20224 min

Haven Life, the customer centric life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), and Kinly are announcing a new partnership to make term life insurance more accessible to Black Americans. Through this partnership, Haven Term and Haven Simple term life insurance products will be available on the Kinly mobile application for its members. Kinly is a digital bank designed specifically for Black Americans, who have historically been underserved and...

by PRNewswire

Insurance

IMG Launches iTravelInsured Essential

May 27, 20224 min

International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, is excited to introduce iTravelInsured Essential, a new cost-effective travel insurance offering ideal for price-conscious travelers seeking only the most vital trip protection benefits. IMG’s lowest-priced travel protection program, iTravelInsured Essential allows travelers, such as U.S. residents traveling within the U.S., to protect their prepaid, non-refundable trip costs with the most fundamental travel insurance benefits. “We are thrilled to introduce our new iTravelInsured...

by PRNewswire

Insurance

Roamly books over $40 million in premium in the last 12 months

March 14, 20225 min

Global insurtech for embedded insurance surpasses $40 million in premium following a strong year of growth, as sales for its new RV insurance product increased by 222% Roamly, the insurtech for embedded insurance in the travel and enthusiast market, announced today that it has booked more than $40 million in premium over the last 12 months. This milestone follows a year during which Roamly brought its new Pro and Personal products out of beta and saw sales accelerate by...

by BusinessWire

Insurance

Insurtech MGA Corvus Insurance Partners With CyberCube

November 23, 20214 min

Corvus Insurance, a leading provider of smart commercial insurance products powered by AI-driven risk data, is to use CyberCube’s Portfolio Manager to better analyse and understand cyber risk. In addition to Portfolio Manager, the Boston-based managing general agent (MGA) will also use CyberCube’s Single Point of Failure (SPoF) model and Attritional Loss model as it seeks to grow its business in the current attractive conditions in the insurance market. Corvus Insurance specialises in providing cyber and data breach insurance to enterprises in...

by PRNewswire

Insurance

Zurich American Insurance Co. signs agreement to acquire SIS

November 12, 20214 min

Acquisition will help Zurich expand supplemental health insurance offerings, including gap medical and occupational accident solutions for employers and workers. Zurich American Insurance Company (“ZAIC”), a leading provider of insurance products and services to businesses in multiple industries, has signed an agreement to acquire Special Insurance Services, Inc. (“SIS”), a Texas-based program manager whose offerings include gap medical and occupational accident insurance products. The acquisition will expand ZAIC’s supplemental health insurance solutions that help businesses and...

by BusinessWire

Insurance

Corvus Insurance Appoints Vincent Weafer as New CTO

October 7, 20213 min

Former Capital One cyber engineering executive joins Corvus to further advance technology offerings

by PRNewswire

Insurance

VOOM Raises $15 Mn to Provide Usage-Based Insurance

October 5, 20215 min

Already the leading commercial drone insurance provider in North America, VOOM is expanding coverage to motorcycles, light aircraft, rideshare & delivery drivers VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding today to expand its usage-based insurance model to additional mobility verticals. The funding round was co-led by JAL Ventures and UP.Partners, with the participation of F2 Capital, Arbor Ventures, Verizon Ventures, and ICON Continuity Fund and brings VOOM’s total funding...

by PRNewswire

Insurance

Insurance Leader Senior Security Benefits Joins Forces with Integrity

July 22, 202110 min

Transformational partnership combines Integrity’s best-in-class insurtech tools and resources with Senior Security Benefits’ revolutionary agent training and product education systems Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has entered into an agreement to acquire Senior Security Benefits (“SSB”), a leading independent marketing organization (“IMO”) located in Fort Worth, Texas. As part of the acquisition, Gaylan Hendricks, CEO of Senior Security Benefits; Dan Hendricks, President of Senior Security Benefits;...

by FTB News Desk

Insurance

Simplicity Group Acquires Executive Brokerage Services

September 24, 20193 min

Simplicity Group Holdings (“Simplicity”) is pleased to announce that it has acquired Executive Brokerage Services, Inc. (“EBS”), an independent insurance distribution company founded over 35 years ago and that it welcomes Bernie Vukelich and Brian Lipinski as its newest Principals. EBS will begin its brand transition to Simplicity Pittsburgh effective immediately. “Bernie, Brian and the EBS team have built an outstanding business,” stated Bruce Donaldson, Simplicity’s Chief Executive Officer. “Their expertise in fixed annuities and life insurance, combined with...

by FTB News Desk

Crypto Currencies

Trov Launches White-Label Insurtech Platform and Partners with Lloyds Banking Group

August 8, 20195 min

“Powered by Trov” insurtech platform will host a portfolio of white-label insurance products, enabling incumbents to rapidly deploy modern insurance solutions for homeowners, renters, motorists, and SMEs. Trov (www.trov.com), a global leader in insurance technology, is launching a portfolio of end-to-end digital, white-labelled insurance products designed to be rapidly deployed by financial organisations and insurers. Lloyds Banking Group, the UK’s largest retail financial services provider, with around 26 million customers and a centuries-old history, will...

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