Industry News

Novidea, a leading innovator of a cloud-based, data-driven insurance management platform catering to brokers, agents, MGAs/MGUs, and wholesalers, has announced the appointment of Erez Nissim as their new Chief Technology Officer (CTO).

Wisedocs, the trailblazing artificial intelligence software provider in the insurance industry, has recently announced its latest innovation, the AI Medical Summary Platform. Building on its existing suite of medical record review software, this ground-breaking platform presents a simplified and accelerated solution for medical record reviews catering to the diverse stakeholders in the insurance ecosystem.

Greater Than, a global provider of driver crash probability and climate impact intelligence, has joined forces with Duck Creek Technologies, a leading provider of intelligent solutions in the property and casualty (P&C) and general insurance sector. These two FinTech giants are making strides in the world of InsurTech.

In a significant industry development, Southern Trust Insurance, a reputed insurance provider with a stronghold across the Southeast for more than half a century, and Arbour National, a specialist in long-term ownership of niche Property & Casualty insurance companies, have inked a definitive agreement for a partnership.

In the rapidly evolving health insurance landscape, Berlin-based Medigo has transformed its claim management process through a fruitful partnership with hi.health.

Nassau Financial Group, a Hartford, Connecticut-based growth-oriented and digitally enabled financial services company, has today announced an exciting new partnership with LifeYield, a leading FinTech firm specialising in applications aimed at optimising retirement income, maximising Social Security, and minimising the tax impact on investments for clients.

As insurance firms eagerly adopt technology to improve their operations, Max Stratmann – chief revenue officer at Scanbot SDK – believes that digital document scanning is the key. 

The cost of living crisis in the UK has contributed to a dramatic increase in insurance fraud, with a surge of 61% reported, according to the City of London Police's Insurance Fraud Enforcement Department (IFED).

ShipStation, a leading player in cloud-based ecommerce shipping solutions, has unveiled its shipment protection offering, ParcelGuard, for US merchants.

Federato, an innovative InsurTech firm, introduced as the insurance industry's premier RiskOps underwriting platform, disclosed today a successful $25m Series B fundraising round.