hslade

2422 POSTS 0 COMMENTS
The recent Salesloft–Drift OAuth breach illustrates a new headache for cyber insurers: the hidden risks lurking in SaaS supply chains. Running from August 8 to August 18, the attack impacted roughly 700 organisations. By exploiting trusted integrations, attackers bypassed multi-factor authentication (MFA), turning OAuth tokens – digital keys that allow apps to access accounts without passwords – from the Drift–Salesforce connector into unrestricted access. This gave them entry to sensitive customer data, cloud credentials, and other critical assets.
Company News

SaaS supply chain compromises: a headache for insurers

Allianz Global Assistance Canada, and Air Doctor, a telemedicine platform offering virtual and in-person medical services worldwide, have joined forces to enhance healthcare access for travellers.
Company News

Air Doctor teams up with Allianz for global telemedicine access

ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s most outdated processes.
Company News

ClaimSorted raises $13.3m to transform insurance claims

Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit their core systems haven’t been updated in over five years. Even more striking, 76% of large firms rely on six or more systems, and nearly a fifth operate with ten or more. This tangled web of legacy technology undermines data quality, security, and scalability, threatening the very potential of AI to transform business.
Company News

Inside insurance’s legacy tech problem

EIS, a leading cloud-native core platform provider to the insurance industry, has announced the expansion of its flagship platform to accelerate digital transformation within insurance operations.
Company News

EIS unveils CoreGentic to boost insurance agility

Socotra, a leading InsurTech company transforming insurance core technology with modern cloud-based solutions, has launched a new product, Agentic Configuration.
Company News

Socotra unveils Agentic Configuration for insurers

When an insurance client sends a message, every second counts. A delayed reply can cost trust, revenue, and even long-term loyalty. Symphony is helping insurers meet these high stakes head-on. 
Company News

How Symphony is redefining client interaction in insurance 

Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions, has partnered with Connexure, a provider of quoting, underwriting and administrative software, to strengthen automation and risk management for carriers and managing general underwriters (MGUs).
Company News

Connexure and Gradient AI to streamline carrier analytics

Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance brokerage company.
Company News

Abacus buys AccuQuote to enhance digital insurance offering

Nava Benefits, a US-based employee benefits and healthcare technology provider, has unveiled HQ, an AI-powered platform designed to simplify benefits administration for HR teams.
Company News

Thrive Capital backs Nava Benefits with $30m round

1...535455...243Page 54 of 243

Latest Analysis

© InsurTech Analyst © Copyright 2024. All rights reserved.

Technology partner
Advanced Vision IT

224931

60,000+ InsurTech leaders get exclusive insights delivered every week