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Insurer sanctioned for failing to inform customers of review rights

By API User

The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer for failing to clearly inform customers of their right to have a declined insurance decision reviewed, a key obligation in the Life Insurance Code of Practice. The failure, a breach of the Code, affected 170 customers who received letters which incorrectly stated … Continued

Battery Ventures Invests in Descartes Underwriting; Marcus Ryu Joins Board

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Battery Ventures Invests in Descartes Underwriting; Marcus Ryu Joins Board   18 June, 2025: Descartes Underwriting, a global leader in corporate parametric insurance for climate and emerging risks, today announces a strategic investment by Battery Ventures, a global technology-focused investment firm. The transaction, executed at a premium to Descartes’ most recent valuation (Series B), enables … Continued

IBCCC sanctions three brokers for reporting failures

By API User

The Insurance Brokers Code Compliance Committee (IBCCC) has sanctioned three insurance brokers for breaches of their obligation to submit Annual Compliance Statements, a crucial element of Code compliance. All three brokers failed to meet the 31 March 2025 deadline – the third consecutive year to miss the deadline – despite multiple reminders and clear guidance … Continued

HDFC ERGO General Insurance Wins Duck Creek Standard of Excellence Customer Award at Formation ’25

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The integration of new technology solutions by Duck Creek will enhance operational efficiency and customer experience for the insurer BOSTON, June 09, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced HDFC ERGO General Insurance Company Limited (HDFC ERGO), … Continued

Capricorn Mutual Selects Duck Creek Technologies as Their New Core Insurance Delivery Technology Partner

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Duck Creek’s solution will be a key enabler of Capricorn Mutual’s business strategy, to strengthen their auto-trade members’ businesses SYDNEY, June 04, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global provider defining the future of property and casualty (P&C) and general insurance, has announced a new SaaS core insurance delivery technology partnership with Capricorn … Continued

Qikio partners with Compare Club to expand car insurance offerings

By API User

  May 30, 2025 – Qikio, Australia’s innovative digital insurance provider, has announced an exciting new partnership with Compare Club, one of the country’s leading comparison platforms. This collaboration aims to provide Australians with greater access to car insurance solutions, helping them find coverage that can suit their needs.  Compare Club’s extensive reach and trusted reputation … Continued

Philadelphia Insurance Companies Recognized with Duck Creek Standard of Excellence Customer Award at Formation ’25

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Philadelphia Insurance Companies Takes Home the Standard of Excellence Customer Award for the Business Owners Policy (BOP) Transformation with Duck Creek OnDemand and Policy Solutions BOSTON, May 22, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has named Philadelphia Insurance … Continued

FCCI Insurance Group Honored with Duck Creek Standard of Excellence Customer Award at Formation ’25

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FCCI received the award for delivering E&S offerings to market with Duck Creek Policy, OnDemand and Digital Engagement Producer BOSTON, May 21, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has named FCCI Insurance Group (FCCI) a recipient of its … Continued

RACV OUTLINES STEPS TO FOLLOW AFTER A MINOR COLLISION

By API User

RACV is reminding motorists of the important steps to take if they are involved in a minor car collision, to ensure their safety and assist with a potential insurance claim. RACV was notified of more than 69,000 claims that originated from a minor vehicle collision in 2024 – a slight decrease on the 71,000 in … Continued

Duck Creek Technologies Kicks Off Formation ’25 to Shape Insurance’s Future

By API User

The conference highlights how industry leaders are propelling the industry forward by delivering innovative solutions to minimize risk and exposure and deliver better customer experiences BOSTON, May 20, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today kicks off Formation ’25, … Continued