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Blink Parametric, a provider of innovative real-time insurance solutions, has partnered with Travel Insurance Saver to launch a parametric flight delay solution designed to enhance the customer experience by providing immediate assistance for travel disruptions.
Company News

Blink Parametric and Travel Insurance Saver launch real-time flight delay service

Insurity has introduced a new product, powered by OIP Robotics, designed to enhance the accuracy and efficiency of data extraction for insurers and MGAs.
Company News

Insurity unveils AI-powered platform to boost data accuracy and efficiency for...

Saudi Reinsurance Company (Saudi Re), a leading reinsurer in the Middle East, has appointed Ahmed Al-Jabr as its new chief executive officer (CEO), effective from 1st October 2024.
Company News

HealthTech startup Air Doctor secures $20m in Series B funding

Earnix, the global leader in intelligent SaaS solutions for financial services, has launched an advanced AI platform that is set to combine pricing analytics with automated credit risk decisioning.
Company News

Earnix unveils new platform to combine pricing optimisation and credit risk...

The short-term disability (STD) claims process presents significant challenges for both carriers and benefits administrators. These inefficiencies primarily stem from reliance on outdated, manual processes like live calls, physical forms, and antiquated methods for capturing necessary documentation. Such approaches are not only resource-intensive but also create frustrating experiences for employees and employers alike. With client satisfaction and retention becoming ever more crucial, carriers are increasingly turning to new technologies to resolve these bottlenecks, as customer experience specialists Ushur explain.
Company News

How AI is streamlining short-term disability management and reducing costs

Jakarta-based InsurTech startup, Rey, has secured an additional $3.5m in funding as it seeks to expand its AI-powered health insurance platform.
Company News

Jakarta-based InsurTech Rey secures $3.5m funding round

EXL, a leading data analytics and digital operations solutions company, has unveiled the EXL Insurance LLM, a new large language model (LLM) designed to transform critical tasks in the insurance sector, such as claims and underwriting.
Company News

EXL launches insurance specialised LLM to transform underwriting

Insuritas, a prominent embedded insurance provider for financial institutions, has partnered with Recoop Disaster Insurance, a company that offers multi-peril disaster insurance coverage.
Company News

Insuritas partners with Recoop to enhance financial institutions’ disaster insurance offerings

Often seen as an industry lambasted for a lack of change, the insurance sector has opened its eyes to a swathe of potential innovative technologies that could revolutionise the sector throughout 2024. At the height of this movement, the principle of automated underwriting emerged as the industry’s great fascination, with many touting it as a potential silver bullet.
Company News

What is the future of insurance underwriting?

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has announced the launch of its new end-to-end solution designed specifically for insurance carriers offering group and worksite benefits.
Company News

Ushur enhances customer experience with new end-to-end solution for insurance carriers

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