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Colorado Springs-based Insurance Technologies acquires Utah company

Colorado Springs-based insurance software provider Insurance Technologies has acquired Utah-based IXN Tech for its mobile application that helps life insurance agents sell policies.
The deal comes about six months after Insurance Technologies was sold to Boston-based private equity firm Thomas H. Lee Partners to help it develop its sales automation software for the life insurance and annuities industries more quickly and make acquisitions that add to its technology.
Terms of the IXN deal weren t disclosed, but IXN s 12 employees are expected to remain in Utah, said Insurance Technologies CEO David Fenimore.
As the insurance industry continues to innovate, we must find ways to deliver increasingly specialized yet integrated solutions for advisers, agents, distribution partners and carriers, Fenimore said. The addition of IXN s industry-leading suite of products for life insurance rapidly advances our FireLight product roadmap for life insurance, providing the full ec ....

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Insurance Technologies Acquires IXN - InsuranceNewsNet

Insurance Technologies Acquires IXN - InsuranceNewsNet
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

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MyFloodInsurance.com Introduces New Property Types for Instant Online Quotes, Including Commercial Properties

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MELBOURNE, Fla., April 6, 2021 /PRNewswire/ Version 3.0 of the
MyFloodInsurance.com website is live for consumers, agents, and real estate professionals. The update includes the ability to instantly receive quotes for not only single-family residences but also commercial properties, condo units, mobile homes, and residential condominium building associations. Users can receive quote returns from multiple private flood insurance companies, as well as from the National Flood Insurance Program (NFIP), administered by FEMA.
In three simple steps users can get instant flood insurance quotes.
The portal provides users with multiple quotes from both the NFIP and private flood insurers. The quote summary page can be downloaded as a PDF. ....

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Luma Partners with Insurance Technologies to Bring Annuities Solution to Market

Luma Partners with Insurance Technologies to Bring Annuities Solution to Market
CINCINNATI - Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that they have selected Insurance Technologies, LLC, provider of FireLight
®, a multi-carrier end-to-end insurance and retirement sales platform, as its latest partner to bring their annuities solution, “Luma Annuities,” to market.
The Luma platform, which is backed by three of the world’s largest banks, was built with the purpose of simplifying the structured product investment process. After firmly establishing itself as the global fintech market leader in the structured products space, Luma is now bringing forward an unmatched annuities solution that provides enhanced client value and aids advisors in combating their clients retirement saving challenges, which are being driven by rising market volatility and a low interest rate environment ....

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MyFloodInsurance.com Expands Flood Tool to Real Estate Agents, Homebuyers

MyFloodInsurance.com Expands Flood Tool to Real Estate Agents, Homebuyers
January 25, 2021
MyFloodInsurance.com has been expanded to allow for real estate agents and homebuyers to receive instant flood insurance quotes from multiple flood insurance companies, as well as the National Flood Insurance Program (NFIP).
The My Flood Insurance widget can be added to any website to allow for direct access to the quoting system.
The Flood Disaster Protection Act of 1973 made flood coverage mandatory for federal mortgages on properties in high-risk flood zones. Aurora Insurance Technologies and National Flood Insurance developed My Flood Insurance to assist homebuyers and real estate agents in quoting and securing the necessary coverage, thereby avoiding flood insurance-related closing delays. ....

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