Industry News

CLARA-Analytics-launches-AI-platform-general-liability-claims

CLARA Analytics launches AI platform for general liability claims

CLARA Analytics, a provider of artificial technology (AI) for casualty insurance claims optimisation, has launched an AI platform for general liability claims.
openly-joins-forces-with-trellis-to-simplify-personal-lines-insurance

Openly joins forces with Trellis to simplify personal lines insurance

Openly, a homeowners insurance provider, has partnered with Trellis, a technology company simplifying distribution of personal lines of insurance.
sky-and-zurich-insurance-launch-smart-home-protection-IoT-service

Sky and Zurich launch smart home protection IoT service

Sky and Zurich Insurance have launched a smart home protection IoT service offering customer comprehensive home insurance and smart home tech.
NFU-mutual-selects-FRISS-to-automate-and-streamline-trust

NFU Mutual selects FRISS to automate and streamline trust

NFU Mutual, an insurer in the UK, has selected FRISS to automate trust throughout its policy and claim lifecycle. FRISS is an AI-powered fraud, risk...
broker-tech-ventures-and-manchesterstory-group-launch-$34m-fund-for-early-stage-insurtechs

BrokerTech Ventures and ManchesterStory launches $34m fund for early-stage InsurTechs

BrokerTech Ventures (BTV) has partnered with leading InsurTech venture capital investor ManchesterStory Group to launch the BrokerTech Fund, LP, a venture capital fund focused on early-stage InsurTech companies developing broker-centric technology solutions.
carpe-data-teams-up-with-duck-creek-to-boost-claims-and-underwriting

Carpe Data teams up with Duck Creek to boost claims and underwriting platform

Carpe Data, a next-generation online data provider for insurers, has partnered with intelligent solutions provider Duck Creek to integrate Carpe Data’s ClaimsX and Minerva products into Duck Creek’s claims and underwriting platforms.
tourism-fuels-travel-insurance-sector-report-reveals

Tourism fuelling travel insurance sector growth, report reveals

A rise in tourism travel is fuelling the growth in the travel insurance market, a report from Research and Markets has revealed.
antarctica-capital-to-acquire-life-annuity-platform-midwest-holding

Antarctica Capital to acquire life and annuity platform Midwest Holding

Midwest Holding, a technology-driven life and annuity platform, is to be acquired by international investment firm Antarctica Capital in a transaction valued at $100m.
insurity-and-atmecs-to-accelerate-cloud-based-software-for-P&C-carriers

Insurity and ATMECS to accelerate cloud-based software for P&C carriers

Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, has partnered with ATMECS Global to accelerate cloud-based software implementations for P&C carriers.
how-can-automation-and-AI-help-P&C-carriers-serve-customers-in-severe-weather-adverse-weather

How can automation and AI help P&C carriers serve customers better in severe weather?

This year has already seen high levels of severe weather events, but according to Ushur such events are an opportunity for carriers to reach out to their customers to help them avoid a claim.

News Stories

AI budget Percentage in Insurance

AI investment is accelerating with two-thirds of insurance CEOs allocating 10 – 20% of...

Key views of percentage of budget spent on AI in insurance companies: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading...
bolttech

ING picks bolttech for European InsurTech push

ING, one of Europe's largest banks, has selected bolttech, a technology-enabled insurance platform, as its strategic partner to expand embedded insurance and protection solutions...

Producerflow launches partner portal for carriers

Producerflow, an insurance distribution management software company, has launched Partner Portal, a new self-service workspace aimed at transforming how insurance carriers work with their...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...

Why insurers fail when actuaries work in silos

Building a high-performing pricing model is a significant achievement for any actuarial team, but it is only the beginning. According to Akur8, the real challenge...
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