Industry News

PURE Specialty Exchange (PSE), the specialty surplus lines insurance carrier committed to serving PURE members and high net worth families, has announced the expansion of its High Value Homeowners insurance to include six additional states: Arizona, Colorado, Hawaii, Montana, Utah, and Wyoming.

Stride, a leader in portable benefits technology, unveiled its Stride Contributions program in Utah, marking a significant innovation following the state's new Portable Benefit Plan legislation (SB-233).

Generative AI, or GenAI, has rapidly shifted from a mere discussion point to a pivotal tool in business innovation, offering unprecedented efficiency and smart solutions. Ilya Mokin, head of R&D at Symfa, shares insights into integrating a ChatGPT bot within their in-house ERP system, highlighting the potential and challenges of custom on-demand reports and analytics.

The advent of generative AI is not just a futuristic vision but a present reality transforming how businesses communicate with customers. This cutting-edge technology, underpinned by large language models (LLMs) like GPT-4, BERT, ELECTRA, and RoBERTa, is setting new standards for customer interaction and service delivery. It enables systems that not only manage communications but also predict and adapt to customer needs with unprecedented personalization and efficiency.

Juniper has identified a significant gap in the health insurance market by offering comprehensive reproductive insurance, a critical area often overlooked by conventional health plans.

Slice Labs (Slice), a leading innovator in the InsurTech sector, has expanded into seven additional states and the District of Columbia. This expansion is supported...

Previsico, the innovative live flood forecasting InsurTech, has recently expanded its leadership team by appointing Aleksander Surowiak as the new Head of Sales.

M2 Recovery, a prominent InsurTech firm, has recently unveiled a novel insurance product specifically designed to address the legal expenses associated with the recovery of stolen digital assets.

In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.

Lemonade, a trailblazer in the digital insurance sector, has extended its repertoire of services to include homeowners insurance in France, enriching its already fruitful partnership with BNP Paribas Cardif.