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Who's using what in P&C insurance: Jan. 15, 2018

Insurance technology news from MetLife, Crawford & Company, Sapiens, StoneRiver, Appulate, Indium, Convelo Insurance Group, SIUPREM, Natixis Assurances and Guidewire.

By PC360 Staff | Updated on January 15, 2018
MetLife says its new MetLife Digital Ventures InsurTech accelerator program is backed by a $100 million co-investment fund. (Photo: iStock)

MetLife has launched two InsurTech investment programs for start-up companies: MetLife Digital Ventures and MetLife Digital Accelerator powered by Techstars. Both programs will be led under the umbrella of MetLife’s Chief Digital Office. “The rise of globalization, changing consumer demographics and an exponential growth in technology are factors impacting all industries,” Marty Lippert, executive vice president and head of MetLife Global Technology & Operations, said in a statement. “MetLife is delivering on a strategy aimed at capturing this opportunity.”

Based in Atlanta, the claims management organization Crawford & Company recently announced its investment in a software solution designed to assist independent contractors. The software platform, called Crawford Compliance, leverages mobile, cloud-based technology to digitalize existing manual processes associated with contractor management. Crawford Compliance joins WeGoLook as the company’s newest InsurTech investments.

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