How Scanbot SDK has streamlined document scanning to transform insurance
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.
Rise in insurance fraud linked to cost of living squeeze
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 and ParcelGuard partnership takes on shipment insurance
ShipStation, a leading player in cloud-based ecommerce shipping solutions, has unveiled its shipment protection offering, ParcelGuard, for US merchants.
InsurTech innovator Federato lands $25m investment led by Caffeinated Capital
Federato, an innovative InsurTech firm, introduced as the insurance industry's premier RiskOps underwriting platform, disclosed today a successful $25m Series B fundraising round.
From stagnation to transformation: How pricing reshapes the digital landscape for specialty insurers
Digital transformations have spurred exponential profitability across various sectors including ridesharing, retail, banking, and travel. However, according to hyperexponential, despite being a data-rich sector, the insurance industry has been slower in achieving this level of growth.
Driving change in insurance
As insurance firms continue to look towards the future, trust seems to be the key to unlock the full potential of companies.
How to successfully implement a digital transformation
As the insurance industry experiences a pivotal shift towards digitalisation, InsurTech leaders emphasise the importance of digital transformation not only to meet evolving customer expectations but also to enhance operational efficiency and foster innovation.
Ushur’s Revolutionary Columnar Data Transformation Engine
As insurers look to prioritise efficiency and automation, Ushur's Data Transformation Engine is helping insurers automate data problems and deliver remarkable improvements in business metrics.
Volante Global strengthens Asian presence with launch of Volante Singapore
Volante Global, an international MGA & Lloyd’s Syndicate specialising in multi-class, multi-territory underwriting, has recently announced the debut of Volante Singapore.
Raincoat harnesses $6.5m to accelerate climate disaster insurance
Raincoat, a firm tackling the challenge of providing scalable climate insurance solutions, has announced additional seed funding of $6.5m.
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