Cogitate Technology Solutions and Confianza announced partnership

Cogitate Technology Solutions announces the pre-integration of Confianza’s property and auto data sets with DigitalEdge Insurance Platform to enhance data validation at submission, strengthen risk selection, and support renewals with real-time data. Integrating this data into the policy administration system is also critical to Know Your Customer. P & C insurers and DUAEs realize new opportunities to improve customer selection, reduce cycle times, and meet goals for profitable growth by implementing automated underwriting capabilities enhanced by...

QuoteWell raised over $15M in Series A funding led by NEA

QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail agents. QuoteWell helps agents who are often overlooked and given poor customer service due to low premiums associated with their accounts and provides best-in-class in-house brokers to efficiently find and place the risk. In the lead-up to public launch, QuoteWell, founded in 2021, has secured...

FANHUA announces Joint Ventures with Asia Insurance

FANHUA Inc. (“FANHUA” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, is excited to announce a strategic partnership with Asia Insurance Co., Ltd. (“Asia Insurance”), a wholly-owned subsidiary of Asia Financial Holdings Ltd (HKSE: 0662). Together, the two companies are forming two joint ventures: a life insurance brokerage company and an insurance technology company. FANHUA will be the majority shareholder of both joint ventures, with a 60% ownership stake in...

Markel makes a strategic investment in leading tax MGA, Certa

Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announces a 49% strategic investment in Certa, the market-leading tax MGA. This move will accelerate the UK-based tax specialist’s product development and geographical expansion plans, while giving Markel further access to the significant long-term growth opportunity in the niche, maturing sector. Certa was formed in 2019 by four market professionals – Ed Beckwith, Tom Cartwright, Rachel Hine, and Adam Singer – to establish a dedicated tax underwriting MGA, with the...

Majesco Gears Up for an Action-Packed Week at InsureTech Connect

Majesco, a global leader of cloud insurance solutions for insurance business transformation, announced it is gearing up for the much-anticipated 2023 InsureTech Connect event with an exciting panel session and booth exhibit. This annual event is set to take place at the Mandalay Bay in Las Vegas, running from October 31st through November 2nd. It stands as the foremost InsurTech gathering, offering unparalleled access to a global array of insurers, MGAs, reinsurers, tech entrepreneurs, investors, and...

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