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mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.
Commercial/Enterprise Insurance

African Risk Capacity (ARC) announces pair of new additions to its...

Amidst the growing call to enhance the customer experience, many believe the time is now to incorporate artificial intelligence (AI) across the entire customer lifecycle. However, while this technological advancement holds immense promise, concerns have emerged regarding the potential detachment from human interaction, which some consumers may find disconcerting. Several industry experts weighed in on the debate as part of the Professional InsurTech Certificate course.
Company News

Is human interaction a vital component of your claims process?

Munich Re HealthTech, a leading software technology provider in the health insurance industry, has announced the promotion of Bilal Ramadan to Chief Executive Officer.
Company News

Munich Re HealthTech promotes Bilal Ramadan to CEO

Nuvo, a B2B trade credit tech platform, has announced a strategic integration with Allianz Trade in North America, the global leader in trade credit insurance.
Company News

Nuvo enhances trade credit platform with insurance policy management for Allianz...

Sostengo, a Salvadoran InsurTech, has secured $3.8m in its latest funding round as it looks to expand its digital insurance solutions to underserved markets.
Company News

Salvadoran InsurTech Sostengo secures $3.8m in funding round

Simplifai, the secure AI automation provider, has been chosen by ERV Nordic to enhance the efficiency of their travel insurance claims handling processes.
Company News

ERV Nordic chooses Simplifai to automate their claims management

71% of decision-makers within the insurance industry have expressed their unhappiness with the significant effort required to initiate and digitally launch updated insurance programs.
Company News

71% of insurance decision-makers unhappy with effort required to digitally launch...

Starr Insurance, a renowned player in the insurance industry, has expanded its portfolio with the introduction of a new division aimed at catering to the needs of the wholesale market.
Company News

Starr Insurance introduces Twin Maples Specialty division for wholesale market

Encova Insurance, a super-regional property and casualty (P&C) insurer, has selected Guidewire to help streamline its core business operations and enhance its digital capabilities.
Company News

Encova Insurance selects Guidewire Cloud to modernise technology and optimise resources

In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (GenAI) holds immense potential for businesses. However, ensuring success with GenAI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.
Company News

How to avoid failure when implementing GenAI

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