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Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.
Company News

LDC makes significant investment in Uinsure to support ambitious growth strategy

Actuaries, often dubbed as mathematical risk managers, play a pivotal role in the insurance industry. Their expertise in quantifying and managing risk is essential for insurers in a market where financial responsibility for potential negative outcomes is traded. However, determining the cost of this responsibility isn't a straightforward task; it involves estimating expected losses akin to manufacturing costs for tangible goods. Yet, setting a price demands more than just knowing costs; it requires calibrating profit margins to market realities and consumer behaviours. InsurTech Quantee delves into the intricate process, known as price optimisation.
Company News

What is the role of price optimisation in insurance?

Solera, a leading provider of vehicle lifecycle management solutions, joins forces with STELLA Automotive AI to introduce a groundbreaking solution named ServiceAgent AI.
Company News

Solera teams up with STELLA Automotive AI to transform automotive customer...

Ushur, a leading provider of Customer Experience Automation solutions, continues to innovate with its latest major release, which includes the introduction of a key feature aimed at empowering citizen developers.
Company News

Ushur reveals new launch module for enhanced customer experience automation

In the not-so-distant past, navigating through the bustle of public transport meant holding onto a paper ticket. However, the concept has swiftly become a relic of a bygone era. The transition from traditional paper tickets to e-tickets has resulted in more convenience and efficiency. Apart from reducing the environmental impact, this shift has streamlined the ticketing process, offering passengers instant access through their smartphones or other digital devices, as Scanbot SDK explains.
Company News

How Scanbot SDK can improve the ticket scanning process on public...

Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.
Company News

Verisk launches Generative AI tool to support faster insurance claims processing

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 
Commercial/Enterprise Insurance

Hong Kong InsurTech MediConCen secures $6.85m in latest funding round

Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.
Company News

Ignite Specialty Risk launches innovative Capital Protection Insurance offering in US...

Boost Insurance, a prominent insurance infrastructure platform has recently made headlines by securing over $130 million in new reinsurance capacity.
Company News

Boost adds over $130m of new reinsurance capacity to accelerate its...

Corvus Insurance, a leading cyber underwriter driven by a proprietary AI-driven cyber risk platform, has introduced a newly expanded Tech E+O product which aims to meet the evolving needs of the market.
Company News

Corvus expands Tech E+O offering to meet market demands

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