INSURANCE INDUSTRY NEWS
Relay Joins Forces With CyberCube To Deliver Advanced Cyber Quoting Experience
Relay Platform, an innovative provider of solutions that enable the digital transformation of commercial insurance submissions, is pleased to announce a partnership with the world's leading cyber risk analytics platform, CyberCube.
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Definity Acquires A Majority Stake In Mcdougall Insurance, Building A Broker Partnership With Proven M&A Expertise
Definity Financial Corporation is pleased to announce that the company has increased its ownership interest in McDougall Insurance from approximately 25% to 75%, bringing its total investment to CAD 251 million.
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Western Acquires Sadler Insurance Inc.
Westland Financial Group is pleased to announce its acquisition of Sadler Insurance Inc. This partnership made sense for both groups with aligned business values and a priority on community relationships and social responsibility. Adding Sadler Insurance better complements Western's service offering to Albertans which now includes a physical location in Edmonton.
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SIB Acquires Deerborne Insurance Inc.
SIB Corp., operating as StoneRidge Insurance Brokers, a leading independent provider of insurance and consulting services, is pleased to announce it has acquired Deerborne Insurance Inc., expanding its personal and commercial insurance presence in Toronto.
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Cyber Cover To Be As Ubiquitous As Public Liability, Professional Indemnity Insurance
Global Insurance Law Connect has launched its first ever 'Cyber Insurance Report', providing insights from 19 countries on their domestic cyber insurance market. The report reveals that the range of security vulnerabilities that cyber attackers are exploiting continues to amplify, as does the level of threat across all geographies and industries.
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Apollo Launches Condo & Townhouse Insurance
Apollo Insurance, Canada's leading InsurTech, is pleased to announce the launch of a new specially designed Condo and Townhouse Insurance product.
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3Tree Welcomes SEH To The Unite Community
3Tree, a pioneer in connecting insurance brokers and carriers, is thrilled to announce a digital transformation partnership with SEH Computer Systems. SEH will quickly bring to their users advanced, real-time broker connectivity through the use of 3Tree's industry-changing Unite insurance exchange service.
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In the InsurTech Spotlight this week:
SortSpoke
SortSpoke helps enterprises turn unstructured documents into structured data, making it easy to automate the complex data entry work done by humans. SortSpoke uses proprietary, rapid machine-learning technology that allows enterprises to train in less than 1 day how to extract any data from any document type, structured or unstructured, in any language.
Learn more.
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