Technology, Internet News

Xceedance Opens Insurance Operations Center in Krakow, Poland

Xceedance, a provider of property/casualty insurance technology, analytics and consulting services, announced the launch of an operations center in Krakow, Poland. The center will provide services and support to Xceedance clients for underwriting, policy and claims management, credit control, and …

Insurtech to Become Part of Traditional Insurance Landscape: S&P Report

Insurtech has a complementary place in the traditional insurance world, despite remaining uncertainty in the industry about how it will function on a wide scale, Standard & Poor’s said in a new report. “We do not expect traditional insurance business …

Insurtech Startup Trov Launches in UK, Offering On-Demand Coverage

The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a car, or a place to stay. Now, technology startups are targeting the next business frontier – insurance – offering coverage …

Munich Re Partners with InsurTech Start-Up Wrisk

Insurtech company Wrisk Ltd., which was founded earlier this year, has entered into an agreement with Munich Re’s Digital Partners business unit. Under the agreement, Munich Re companies become the exclusive carrier for Wrisk’s business underwritten in UK, Europe and …

Guy Carpenter Launches Updates to MetaRisk Capital Modeling Tools

Guy Carpenter & Co. announced the launch of MetaRisk Reserve 5 and MetaRisk 9, the latest updates to its suite of capital modeling tools. MetaRisk Reserve 5 adds a rich application program interface (API) that embeds within each client’s existing …

China’s Online Insurer ZhongAn Launches Fintech Incubator

ZhongAn Online Property & Casualty Insurance Co. Ltd., China’s first online insurance company, has launched a fintech innovation company. The company, called Called ZhongAn Information and Technology Services Co. Ltd. (also known as “ZhongAn Technology”), will explore innovation for its parent …

It’s Networking, Just with Technology

This post is sponsored by ITC (Insurance Technologies Corporation). The insurance industry is a social bunch. We talk among ourselves online, in our communities, and at events across the country. We like to share information relating to our agencies and …

P/C Tech Firm, Xceedance, Opens London Office; Davies Heads EMEA Region

Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, the company announced. Xceedance is a managed services company that partners with …

Barclays Says It Conducts ‘World’s First’ Blockchain-Based Trade Finance Deal

Barclays and an Israel-based start-up company have carried out what they say is the world’s first trade transaction using blockchain technology, cutting a process that normally takes between seven and 10 days to less than four hours. The transaction guaranteed …

Blockchain – Where Hype Meets Potential Magic: Opinion

Blockchain, the technology behind Bitcoin and other digital currencies, isn’t quite as novel or omnipotent as many have advertised it to be. That doesn’t mean, however, that it can’t do wonders in the world of finance. The World Economic Forum …