InsurTech Impact 25 Members update – September 2021
September 28, 2021
The latest news, content and job openings from our Impact 25 Members, now featuring 100 companies following the publication of the 2021 report.
Click on the companies featured in this article to be taken to Magellan™, Oxbow Partners insurance technology navigator. Discover in-depth data on company capabilities, clients, and geographies, as well as browse relevant news and insight. Contact the team to find out more.
Company News
Reask have launched a new Parametric Product, Metryc. Read more
Reask have partnered with Swiss Re to expand its parametric windstorm solution. Read more
Reask have partnered with ImageCat to deliver global natural catastrophe models. Read more
Phinsys completed the implementation of their suite of products to transform Hamilton Insurance Group’s Lloyd’s and European financial accounting and reporting. Read more
Phinsys was selected by Pillar Capital in Bermuda to streamline its ILS financial reporting on a per-fund or combined basis. Read more
RightIndem and BeValued have announced a partnership to create more automated and seamless home contents claims journeys. Read more
RightIndem and Iotatech have announced a partnership to reduce indemnity spend and lifecycles. Read more
CyberCube has been awarded SOC 2 accreditation for second year. Read more
battleface have launched new space insurance product. Read more
Optiopay have launched a new website & rebranding. Read more
Optiopay’s Naser Al-Shraydeh has joined as the newly appointed CFO. He brings over 15 years of experience in M&A consulting, operational- and strategic finance at KPMG, eBay, Bridgemaker or Lumas to OptioPay. Read more
Optiopay are preparing for the launch of a new product suite.
Akur8 have announced a partnership with PZU Group in two Baltic entities. Read more
Bikmo have partnered with tracking technology specialists Leopard Tech to build the relationship between insurance, connectivity and theft prevention.
Socotra and Betterview have announced a partnership to provide P&C insurers with more robust underwriting experience. Read more
ELEMENT and Parametrix Insurance have launched an innovative cloud outage insurance in Europe designed to cover financial losses due to downtime of third-party IT and cloud infrastructure providers. Read more
Concirrus have unveiled a next generation line-agnostic decision platform for the commercial insurance market. Leading the go-to-market charge will be Scott McConnell, who has been appointed as Chief Commercial Officer. Read more
Praedicat have introduced a Litigation Tracker Expansion – Now covering PFAS, Arsenic & Paraquat. Read more
Praedicat have introduces the Company Risk Score, evaluating and quantifying the mass litigation risk for a company. Read more
One Degree IXT have won “Core Insurance System of the Year” at Insurance Asia Awards. Read more
INSTANDA has successfully started working with new client and partner in UAE, NewTechMe. Read more
Socotra have been recognised as a Visionary in the 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, North America. Read more
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Content
ArtificialOS have shared their latest article about the future of data extraction in algorithmic underwriting. Read more
FRISS have released their latest study, collecting data from insurance industry professionals about fraud trends and the future of insurance. FRISS will share these learnings back to you in a comprehensive fraud report. Take survey
DQPro have written about EPI variance and how the DQPro market standard helps carriers slash costs. Read more
Cybercube have worked with Fitch Ratings to model the impact of systemic cyber events on the U.S. banking sector under various cyber risk scenarios. Access report
KASKO have released the latest episode of their “The Reinventing Finance” Podcast with Andrew Jernigan, CEO at Insured Nomads. Listen here or via LinkedIn
ELEMENT share their latest podcast “The Leadership in Insurance” Providing both parts of the ‘insur’ and the ‘tech’. An interview with Christian Macht, CEO, Element Insurance. Listen here
Socotra have shared their new whitepaper “Perils and promise for the modern insurer: The five best practices for navigating digital transformation”. Read more
Bdeo have launched a paper on “The InsurTech Industry in France: How to understand its situation with 10 InsurTech experts”. Download the report
Pradicat have written about the arising amount of litigation tied to the environmental and health impacts of greenhouse gas emissions. Read more
Praedicat presented at RVS Virtual Monte Carlo 2021 on “Casualty Insurance Risk and Climate Change”. Watch here
Praedicat presented at NAIC Insurance Summit. Watch CEO, Bob Reville, talk about climate liability and Risk Landscape. Watch here
battleface have asked “Should I staycation or should I go?” as staycations increasingly become the destinations of choice for holidaymakers in the US. Read more
INSTANDA have shared their latest whitepaper “The Modern MGA: How MGAs are transforming to survive and thrive”. Download here
Concirrus have shared their latest blog post “Submissions: improving common market problems”. They discuss how digital submissions management can help solve common market problems. Read more
Job Openings
ArtificialOS have a number of job openings. Visit careers page
Cybercube are looking for a Strategic Partnerships Director. Visit job post
Demex have a number of job openings. Visit careers page
Optiopay are looking for a Senior Technical Key Account Manager. Visit job post
Optiopay are looking for a Business Development Manager. Visit job post
Akur8 have a number of job openings across the globe. Visit careers page
battleface have a number of job openings. Visit careers page
KASKO are looking for a German-speaking Business Development & Partnership Representative. Visit job post
KASKO are looking for a German-speaking Project Manager, Germany. Visit job post
KASKO are looking for a German-speaking Sales Operations Associate (Hamburg). Visit job post
Concirrus are looking for a Senior Data Scientist. Visit job post
Concirrus are looking for a Senior Java Developer (SDE-2). Visit job post
Concirrus are looking for a Head of Advisory Services. Visit job post
Pradicat are looking for a Client Engagement Manager. Visit job post
INSTANDA have a number of job openings. Visit careers page