Technology, Internet News

Howden & Insurisx Launch Technology Platform to Help Prevent Cyber Attacks

Howden, the London-based international broking arm of Hyperion Insurance Group, and cyber insurance technology specialists Insurisx Inc. have launched a technology-based platform, designed to help clients of all sizes improve security and resilience from potential cyber attacks. The companies said …

Malaysia Islamic Insurers Seek to Double Policyholders by Going Digital

Malaysia’s Islamic insurers are seeking to double policyholders in five years by investing more in digital technologies to attract a younger audience, according to the industry association’s head. Takaful operators should also step up educational campaigns to boost customers to 8.4 million …

UK Insurance Software Provider Innovation Group Wins Major Contract

British insurance software company Innovation Group said on Wednesday it had secured a 46 million pound ($72.3 million) contract with a major client, its third and biggest new business win this year. The deal, which will see Innovation’s products used …

UK Regulator Approves Xchanging’s Acquisition of Agencyport Europe

Business technology and services provider Xchanging plc announced that the UK’s Competition and Markets Authority (CMA) “has delivered its formal decision to clear the completed acquisition of Agencyport Europe. Xchanging said the acquisition would “broaden and strengthen its existing insurance …

Vertafore, Microsoft Partner to Provide Agents Access to Dynamics Platform

Insurance software provider Vertafore has partnered with Microsoft to give insurance agents access to the capabilities of the Microsoft Dynamics CRM (customer relationship management) platform. The partnership is designed to improve customer-facing interactions and give agents data that can be accessed …

CapSpecialty Introduces E&O Insurance for Technology Providers

CapSpecialty has launched CapSpecialty TechMediaCyber (CapTMC), a new professional liability errors & omissions product issued by Capitol Specialty Insurance Corp. that includes cyber protection and offers data privacy and network security coverage. CapTMC provides critical coverage for clients across the …

Barney & Barney Opens Another Northern California Office

Barney & Barney announced the opening of a Walnut Creek, Calif. office to serve its growing number of clients in the East Bay. The office is in downtown Walnut Creek and will accommodate more than 70 Barney & Barney employees in the East Bay. …

ABD Insurance Adds Life Sciences Portal, Clinical Trial Coverage

San Mateo, Calif.-based ABD Insurance and Financial Services (ABD) announced new insurance and technology offerings in its Life Science Practice: a client portal and Clinical Trial Pac coverage. Life science companies require a range of expertise in insurance, primarily around …

Technology Firm iPipeline Weghing IPO; $500 Million Value Possible

Internet Pipeline Inc., which makes technology used by insurance companies to manage customers, data and pricing, is exploring a sale or initial public offering, people with knowledge of the matter said. The company, which does business as iPipeline, could be …

Big Data: It Isn’t Just for Carriers

This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry …