Industry News

The impact of loss run data on insurance operations and negotiations

The impact of loss run data on insurance operations and negotiations

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses.
Mastering the underwriting process: How to avoid common pitfalls

Mastering the underwriting process: How to avoid common pitfalls

In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.
Balancing technology and empathy: A guide to supporting vulnerable customers

Balancing technology and empathy: A guide to supporting vulnerable customers

In the wake of escalating living costs, contact centres have become crucial lifelines, particularly for vulnerable customers requiring support across utilities, healthcare, and housing sectors. This enhanced reliance on contact centres underscores their pivotal role in delivering responsible and sensitive services.
Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

One of America's largest mortgage servicers has been facing a significant challenge. The company, which was established in the early 1990s and operates across...
IEHP boosts member engagement through Ushur’s automation campaigns

IEHP boosts member engagement through Ushur’s automation campaigns

Inland Empire Health Plan (IEHP) has established itself as a prominent figure in the healthcare sector, ranking among the top 10 largest Medicaid health plans in the U.S. and holding the title of the largest not-for-profit Medicare-Medicaid public health plan nationwide.
MAPFRE

MAPFRE USA welcomes Daniel Olohan as new chief operating officer

MAPFRE USA has named Daniel Olohan to be the company's new Chief Operating Officer, effective from August 1, 2024.

Fortegra expands reach: New license enables operations across Belgium and EU

Fortegra Group, a global specialty insurer and part of Tiptre, has officially received clearance to extend its operations to Belgium and the European Union.
Cytora, a leader in digital risk processing, and ChAI, an AI-powered commodity pricing forecaster, have announced a strategic partnership.

Cytora and ChAI collaborate to fortify insurers against market volatility

Cytora, a leader in digital risk processing, and ChAI, an AI-powered commodity pricing forecaster, have announced a strategic partnership.

CompScience unveils SafetyBriefAI app to transform site safety for insurance brokers

CompScience Insurance Services recently unveiled its latest product, the SafetyBriefAI App, designed to enhance job-site safety for insurance brokers.
How insurers can optimize claims and retain customers

How insurers can optimize claims and retain customers

Claims represent a pivotal moment in insurance, often determining customer loyalty and future business opportunities. They not only involve the insurer and the customer...

News Stories

INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full automation.

INSTANDA unveils Clear underwriting platform

INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full...
Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation towards large-scale operational deployment.

Decerto bolsters AI claims automation for insurers

Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation...
Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform.

Cytora partners Geoskop on climate data

Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform. The partnership will...
Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers, agency networks and other distribution partners.

InsurTech Producerflow unveils Partner Portal for carriers

Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers,...
Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and operate. In reality, as outlined in Akur8’s approach to pricing transformation, it tends to look far less dramatic and far more incremental.

The force quietly reshaping insurance pricing models

Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and...
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