INSURANCE INDUSTRY NEWS
B3i Blockchain Initiative Grows To 15 Members
To further explore the potential use of distributed ledger technology for the insurance industry, Hannover Re – along with Generali Group and SCOR – has joined the Blockchain Insurance Industry Initiative B3i, bringing the total membership to 15 organizations.
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BrokerTeam Group Launches Digital Brokerage
BrokerTeam Group is proud to announce the launch of Idea Insurance, a Hamilton-based digital insurance brokerage that will be operated and owned by Sean Graham.
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How To Cultivate Customer Loyalty
Three quarters of policyholders would switch insurers to get more personalized service. Take a look at the latest e-book from Salesforce to learn how you can follow the new rules of engagement in three easy steps.
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Convergence of Insurers' Strategic Initiatives
Strategy Meets Action has released a new research report, based on a survey of North American P&C and L&A insurers, which addresses the state of industry transformation, why insurers are investing in technology, the priorities and plans for 16 strategic initiatives, and an SMA call to action for insurers.
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Disconnect In Business Cyber Defense
Newly published research by cyber security experts BAE Systems reveals a surprising disconnect between C-suite executives and IT Decision Makers in defending against cyber threats.
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Octo Telematics Joins Guidewire Solution Alliance
Octo Telematics has joined Guidewire PartnerConnect as a Solution Partner, making it easier for any insurance company using Guidewire PolicyCentre to integrate with Octo's solutions, reducing the time, effort and cost of implementation.
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Older Age Mortality Study: Willis Towers Watson
Willis Towers Watson has announced the release of The Older Age Mortality Study 4, the company's fourth study of U.S. life insurance industry mortality. First released in 2005, TOAMS is the most comprehensive, longest-running study of older age mortality experience in the market.
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Leveraging Consumer Data: Mind the Gap!
Celent has released a new report, Leveraging Consumer Data and Smart Technologies in Insurance, on the gap between what insurers think and what consumers think about the use of private data found on social networks.
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Industrial Alliance Selects EIS Group Platform
Industrial Alliance Auto and Home, a property & casualty insurer in Quebec, has selected EIS Group's digital experience platform, CustomerCore™ DXP, for omnichannel interaction and digital solution management to complement their deployment of EIS Core Insurance Suite™.
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Promutuel Insurance Selects Guidewire Solution
Promutuel Insurance has selected Guidewire DataHub™ to support its enterprise-wide data management strategy, with Guidewire PartnerConnect™ Consulting Advantage member V-NEO leading the implementation project.
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Verisk Analytics, Inc., Acquires Arium
Verisk Analytics, Inc. has acquired Arium, an independent company specializing in liability risk modeling and decision support. Arium will become part of AIR Worldwide (AIR), a Verisk Analytics business.
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Kernaghan Adjusters Strengthens Southern Ontario Operations
Kernaghan Adjusters is pleased to formally announce the opening of their Hamilton Branch run by a recognized senior adjuster, and a strengthened Toronto Branch team with the addition of a new multi-line adjuster.
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Chubb Enhances Equipment Breakdown Coverage
Chubb has enhanced its Masterpiece® Equipment Breakdown insurance policy to better protect customers against problems associated with the sudden or accidental breakdown of residential equipment.
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Manulife Eliminates Life Insurance Testing
Manulife has announced that it has expanded its industry-leading predictive analytics program to include up to $1 million of coverage without the need for nicotine, blood and urine testing on all individual life insurance products.
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