How Novidea is redefining insurance distribution through technology and market expertise
FinTech Global recently sat down for an interview with Novidea to learn more about the company and how it is redefining insurance distribution.
How Ushur is driving secure and compliant AI adoption in Regulated Industries
AI and GenAI have become staples in regulated industries. While they bring a lot of exciting opportunities, they also carry a lot of cybersecurity, regulatory and data privacy concerns.
Redefining the CFO role in an AI-driven world
Despite women making up 28% of the UK’s FinTech workforce, only 10% of board seats are occupied by females, reflecting a long history of being overlooked for leadership roles. However, a new wave of trailblazers is challenging these norms, reshaping the industry with expertise, innovation, and a commitment to inclusivity. These leaders are not just breaking barriers—they’re redefining what it means to command a team.
Five Sigma’s AI adjuster Clive is transforming claims management
Five Sigma was founded in 2017 to leverage insurance data with deep tech. Oded Barak, Co-founder and CEO, and his partners in Five Sigma...
How agentic AI will transform InsurTech in 2025
The insurance sector is currently faced with a pressing need to enhance accuracy in risk assessment, streamline claims verification, and personalise coverage to meet rising customer demands. With expectations higher than ever, firms are now looking for a panacea. Enter agentic AI—an innovative solution that is being tipped by many to transform the InsurTech sector in 2025.
The current state of insurance onboarding: Key trends and insights
As UK insurers grapple with rising claims costs and escalating premiums, the pressure on onboarding processes has never been greater. Motor claims payouts surged by 18% last year, while British drivers faced premium hikes of over a third, outpacing the rest of Europe. At the same time, home insurance renewal quotes soared by 42%, leaving insurers scrambling to adapt. Given these tribulations, the efficiency and effectiveness of insurance onboarding has become crucial.
What does Donald Trump’s presidential election win mean for InsurTech?
The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and legal challenges loom, the country stands at a critical juncture, with Trump poised to once again shape the future of America amidst intense scrutiny and ongoing controversies. But what does this historic moment mean for the global InsurTech industry?
How Peak3 has scaled the InsurTech landscape
The insurance industry has undergone a significant transformation over the past few years, largely driven by the hastening adoption of technology and vastly evolving...
What is the future of insurance underwriting?
Often seen as an industry lambasted for a lack of change, the insurance sector has opened its eyes to a swathe of potential innovative...
The changing face of health insurance
Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.