Featured Articles Blog

ReSource Pro Launches Partnership Program to Expand Collaboration Across the Insurance Ecosystem 0

ReSource Pro Launches Partnership Program to Expand Collaboration Across the Insurance Ecosystem

New York, NY (Feb. 24, 2026) – ReSource Pro, a leader in operations, analytics, and technology solutions for the insurance industry, has announced the formal launch of its Partnership Program, designed to strengthen collaboration with technology, data, and industry organizations that support insurance carriers, agencies, brokers, and MGAs. “Insurance organizations are managing increasingly complex environments, from system integrations to compliance requirements and operational scale,” said Rob Marinello, Senior Director Partner Alliances, ReSource Pro. “Our Partnership Program creates a more intentional way to work alongside trusted partners, so clients benefit from stronger coordination and more consistent execution.” ReSource Pro’s partner ecosystem already includes a growing group of established insurance technology and industry organizations, spanning capabilities across the insurance value chain, from core systems integration and managed services to direct billing technology, compliance, data automation, and operational efficiency. ReSource Pro’s Partnership Program improves visibility and connection across partners, strengthens collaboration, and ensures clients receive coordinated support aligned to their operational needs. Organizations interested in learning more about ReSource Pro’s Partnership Program or exploring partnership opportunities can visit the partner page on the company’s website. About ReSource Pro Focused exclusively on the insurance industry, ReSource Pro is the trusted partner insurance organizations rely...

Gartner Predicts Embedded AI in Cloud ERP Applications will Drive a 30% Faster Financial Close by 2028 0

Gartner Predicts Embedded AI in Cloud ERP Applications will Drive a 30% Faster Financial Close by 2028

Five Emerging Themes in Cloud ERP Will Reshape the Finance Function Stamford, CT (Feb. 24, 2026) – Five emerging themes in cloud enterprise resource planning (ERP) finance applications will shape the future of the finance function through AI and automation, according to Gartner, Inc., a business and technology insights company. Based on these themes, Gartner predicts that finance organizations using cloud ERP applications with embedded AI assistants will see a 30% faster financial close by 2028. “Cloud ERP finance applications will deliver additional automation, insight, and efficiency to finance functions in the near future by integrating machine learning, GenAI, and AI agents,” said Mike Helsel, Senior Director, Research in the Gartner Finance practice. “However, realizing these benefits requires CFOs to navigate vendor hype, organizational change, and the evolving economics of AI in the enterprise.” The five emerging themes for AI innovation in the cloud ERP finance application market include: Composable ecosystem Intelligent process automation AI trust, risk and security management (TRiSM) Adaptive analytics AI-driven planning and forecasting Five Emerging AI Themes in Cloud ERP Composable ecosystems are critical to the cloud ERP landscape because they empower organizations to build and modify their financial systems with unprecedented agility. “Many ERP systems of...

TPG, Allianz Make Strategic Investment in Cambridge Mobile Telematics to Accelerate AI-Driven Road Safety 0

TPG, Allianz Make Strategic Investment in Cambridge Mobile Telematics to Accelerate AI-Driven Road Safety

TPG and Allianz Lead USD $350 Million Strategic Investment in Cambridge Mobile Telematics to Accelerate AI-Driven Road Safety Partnership to Expand Global Road Safety Platform and Real-Time AI Risk Models Accompanied by New Long-Term Commercial Agreements Between Allianz and CMT San Francisco, CA (Mar. 24, 2026) – Cambridge Mobile Telematics (CMT), the world’s largest telematics and AI company for safer mobility, is pleased to announce a USD $350 million strategic investment led by TPG and Allianz X, with participation from State Farm. The new investors will accelerate CMT’s expansion in three key areas: scaling its global road safety platform, advancing AI models for real-time driving risk assessment and crash detection, and growing adoption of the new Universal Driving Score. The strategic investment is accompanied by long-term commercial agreements with various Allianz Group operating entities, including Allianz Partners and Allianz Versicherungs-AG, to collaborate on data-driven insurance and service offerings across Europe for retail customers, automotive original equipment manufacturers (OEMs), and mobility partners. The partnership with CMT will enhance Allianz’s strategic capabilities, foster innovation, and promote safer mobility by combining telematics solutions with Allianz’s global expertise as a leading motor insurer and assistance services provider TPG is making its investment through The...

Nationwide and Chrp introduce AI-powered virtual home inspection program to help homeowners get ahead of common risks 0

Nationwide and Chrp introduce AI-powered virtual home inspection program to help homeowners get ahead of common risks

Columbus, OH (Jan. 5, 2026) – Nationwide has teamed up with Chrp, an AI-driven home risk platform, to bring policyholders a modern approach to home inspections. The new program offers homeowners a convenient, smartphone-based way to identify potential hazards inside the home before they lead to costly losses Most homeowners don’t realize how quickly issues like aging plumbing, outdated electric panels, or hidden fire hazards can escalate. Even in well-maintained homes, routine wear and tear can raise risk behind the scenes. Nationwide’s partnership with Chrp aims to give members a clearer view of these risks and more control over preventing them. A simpler, smarter inspection experience For customers selected for renewal inspections, Nationwide now offers the option to complete a guided photo survey through their mobile device. Chrp’s technology reviews each image using AI models built around more than 400 known failure points, highlighting concerns such as corrosion, faulty wiring, or potential fire hazards. After completing the virtual walkthrough, homeowners receive a tailored report outlining recommended fixes and next steps. If the platform flags a significant issue, the case is sent to Nationwide’s inspection team for further review. “Nationwide is always looking for ways to enhance the experience for our...

0

People Moves: Everest Appoints Busti From AXIS as Head of North America Treaty Re; AXA XL Taps Lockton’s Reynolds as Head of Marine, UK & Lloyd’s, Global CUO for Hull

Article 0 Comments This edition of International People Moves details appointments at Everest Group and AXA XL. A summary of these new hires follows here. Everest Appoints Busti From AXIS as Head of North America Treaty Reinsurance Everest Group Ltd., the Bermuda-based specialty re/insurer, announced the appointment of Jason Busti as head of North America Treaty Reinsurance to lead the division’s treaty reinsurance business across the United States, Bermuda, and Canada. Jason Busti He will report to Jill Beggs, executive vice president and CEO of Reinsurance, and will serve as a key member of her leadership team. Prior to joining Everest, Busti served as president of North America at AXIS Re, where he led treaty reinsurance operations across the United States, Bermuda, and Canada. Earlier in his career, he spent more than 20 years at Swiss Re, holding a range of senior leadership roles including managing director, client executive, responsible for leading Client Management and Broker Market Underwriting Teams driving profitable growth across global client portfolios. Busti earned a master’s degree in finance and international business and a bachelor’s degree in finance from Iona College. *** AXA XL Taps Lockton’s Reynolds as Head of Marine, UK & Lloyd’s, Global CUO...

0

Meta, Google Lose Case Over Social Media Harm to Kids

Article 0 Comments A Los Angeles jury on Wednesday found Meta and Alphabet’s Google negligent for designing social media platforms that are harmful to young people, in a $6 million verdict that will serve as a bellwether for numerous similar cases. The jury found Meta liable for $4.2 million in damages and Google for $1.8 million, small amounts for two of the world’s most valuable companies with annual capital spending over $100 billion each. The Los Angeles trial is meant to serve as a bellwether, or test case, for the thousands of similar lawsuits consolidated in California state courts. Related: Meta Loses Insurance for Defense in Major Social Media Addiction Litigation ‘Accountability Has Arrived’ The case involves a 20-year-old woman, a minor when the case began who is known in court by her first name Kaley. She said she became addicted to Google’s YouTube and Meta’s Instagram at a young age because of their attention-grabbing design, such as the “infinite scroll” that encourages users to keep looking at new posts. The jury found Google and Meta were negligent in the design of both apps and failed to warn about their dangers. “Today’s verdict is a referendum — from a jury,...

Wisedocs: Turning Claims Documents Into Decisions 0

Wisedocs: Turning Claims Documents Into Decisions

Wisedocs Launches Decision Intelligence Platform Built for the Claims Lifecycle — Helping Carriers, TPAs, and Legal Teams Close Files Faster and Reserve with Confidence Miami, FL (Mar. 25, 2026) – Claims teams face a compounding problem: nuclear verdicts, social inflation, and litigation funding have raised the cost of a wrong decision to its highest level in a generation. Meanwhile, claims professionals spend 40–60% of their time organizing, reading, and searching documents before making a single claim decision. Wisedocs today introduced an AI-powered decision intelligence platform built to address that problem directly — moving carriers, TPAs, and legal teams from manual file review to structured, decision-ready intelligence across the full claims lifecycle, from intake and active care through escalation, litigation, and closure. The platform turns complex claim documents into source-linked intelligence that surfaces risk signals, inconsistencies, and key insights early. It is built to handle even the most complex files, including claims exceeding 100,000 pages. The result is a new level of speed and confidence in claims outcomes. Organizations using Wisedocs report 60–80% faster first touch on complex claims and up to 2x case handling efficiency, enabling claims teams to move from document preparation to decision-making far earlier in the lifecycle. In...

0

Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn

Article 0 Comments Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer that specializes in emerging markets, announced that Victor Kuk will become chief executive officer, effective April 20, 2026, subject to regulatory approval. Kuk is succeeding Franz-Josef Hahn, co-founder and CEO of Peak Re, who will transition from his current role and assume the position of special adviser, continuing to provide strategic oversight until October 9, 2026. Kuk is a seasoned insurance executive with over two decades of leadership experience across Asia. He joins Peak Re from Swiss Re, where he served as CEO of Swiss Re Asia Pte. Ltd. and was also the head of P&C Reinsurance Market Unit. Kuk previously held senior roles including regional CEO for AXA Asia General Insurance and chief risk officer for QBE Asia Pacific and Latin America. “On behalf of the board, we sincerely thank Franz for his visionary leadership and dedication that have been central to Peak Re’s success in becoming a globally respected reinsurer,” commented Vincent Li, chairman of the board of Peak Re. “We warmly welcome Mr. Victor Kuk as CEO; his exceptional leadership and experience will guide the company into its next chapter, accelerating profitable growth and global diversification.”...

0

Register: Risky Future AI Tools for Better Billing & Payments ‘Demo Day’ on March 25

Article 0 Comments Insurance Journal’s Risky Future series is hosting the “AI Tools for Better Billing & Payments for Insurance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agencies, MGAs, as well as finance and operations leaders. The latest online event highlights modern billing, premium finance, payment processing, and reconciliation platforms built specifically for insurance operations. In partnership with Insurance Journal, Risky Future’s AI Tools for Better Billing & Payments for Insurance Demo Day will be held on Wednesday, March 25. Beginning at 1pm ET, AI technology experts will present and demo their products to attendees. Information shared during the event will include technology product demonstrations of tools to help reduce friction, improve collections, and enhance customer experience. Visit the event’s website to register for this free event. Each sponsored presentation, demo or case study will run between 15 and 20 minutes. The event focuses on AI and data-driven solutions which help improve intake automation, underwriting, AI chat, document review, quoting, enrichment, analytics, and more-each focused on specific use cases. Speakers include representatives from the following companies: InvoiceCloud: InvoiceCloud is the digital billing and payment platform purpose-built to accelerate a carrier’s entire payments...

Openly Partners With Claimtouch to Automate Personal Property Claims Valuation 0

Openly Partners With Claimtouch to Automate Personal Property Claims Valuation

Integrated platform reduces settlement time and improves pricing consistency New York, NY (Mar. 5, 2026) – Openly, a tech-driven premium insurance provider, has announced a partnership with Claimtouch Analytics Inc. (“claimtouch”), an AI-native insurtech providing an end-to-end solution for personal property claims. This partnership is designed to reduce settlement times for content claims by automating the pricing and valuation of damaged personal property. Through the integration of claimtouch’s Personal Property Platform with Openly’s claims management system, adjusters can generate detailed contents inventories and estimates more efficiently, replacing manual processes with consistent, data-driven valuations. “We are setting a new standard for accurate and efficient claims processing,” said Gina Reyes, Vice President of Claims at Openly. “This partnership allows us to streamline our workflow and ensure that our customers receive fair and precise pricing for their damaged personal property, solidifying our commitment to a transparent and trustworthy claims experience.” Claimtouch’s platform uses machine learning and large-scale data to deliver real-time valuations for personal property losses, helping improve pricing consistency across claims. “We are thrilled to partner with Openly to provide a quick, accurate, and seamless content claim experience,” said Mick Noland, President & Co-Founder of claimtouch. “Openly shares our vision when it...