Names Ben Jennings, formerly the company’s chief revenue officer, as CEO following the departure of Embroker’s founding CEO last year. >> Partners with password management provider Dashlane and Cowbell Cyber to offer enhanced cyber protection and expanded cyber liability coverage. embroker.com
Expands into the Indian general insurance market, offering India-based insurers its software-as-a-service products and establishing a data center in India supported by nearly 1,000 local employees. >> Announces India’s HDFC ERGO as its first core system, full-suite India-based insurance customer. duckcreek.com
Collaborates with Aon’s CoverWallet to expand access to trucking insurance. Cover Whale is offering its advanced telematics, quoting and binding technologies to CoverWallet’s independent owner-operator and small fleet trucking customers. coverwhale.com
Amazon has selected the company as a new technology partner to provide AI-driven insights that detect workers compensation claims at risk of escalation and identify the best path to resolve claims involving injuries. claraanalytics.com
Hires Emily Schultz as managing director to oversee the strategic direction of the broker-led platform. Schultz formerly held executive roles at Iowa-based Business Publications Corp., which publishes the Des Moines Record. brokertechventures.com
Integrates imagery from EagleView’s geospatial data and imagery library into its property intelligence platform while providing EagleView customers with direct access to Betterview’s property insights, scores and data in a strategic alliance. betterview.com
Launches cloud-based portal to provide a hub for claimants and carriers to collaborate and manage claims within a single, dashboard view. Portal360 provides access to notifications, statements, correspondence and transactions and enables document uploads and electronic fund transfers. benekiva.com
Changes rules on life insurance discounts for participation in wellness rewards programs. Bulletin INS-23-023-AB encourages implementation of permissible wellness reward programs, including discounts on premiums and program benefits. >> Gov. Chris Sununu signs HB 249 into law, which establishes regulatory frameworks and coverage definitions for pet insurance that are similar to those for other insurance products.
Now requires all insurers licensed in the state that collected direct written premium of more than $100 million nationwide in 2022 to submit answers to state’s Climate Risk Disclosure Survey, which will be accessible by the public. The Department of Insurance will “review the responses…alongside the country’s leading carriers to evaluate efficacy, innovation and preparedness,” the department says in a bulletin. >> Gov. Phil Murphy signs A-536/2841, which increases oversight of pharmacy benefit managers. Law requires rebates to be used to decrease premiums and out-of-pocket expenses for consumers. Also bars PBMs from pocketing the spread between payments they receive from health plans and payments they make to pharmacies.
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