Transforming insurance with data: Monetisation strategies for success

The insurance industry is increasingly leveraging data monetisation to enhance efficiency, optimise risk assessment, and reduce operational costs. By transforming data into a strategic asset, insurers can unlock new revenue streams and gain a competitive advantage in an evolving marketplace, as digital health technology platform dacadoo explains.

Transforming insurance with data: Monetisation strategies for success

March 13, 2025

The insurance industry is increasingly leveraging data monetisation to enhance efficiency, optimise risk assessment, and reduce operational costs. By transforming data into a strategic...

AI-driven risk assessment propels the AI in insurance market to $141bn by 2034

March 13, 2025

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

ZestyAI has partnered with the Colorado FAIR Plan to improve insurance access for homeowners struggling to secure coverage due to wildfire and climate risks.

ZestyAI partners with Colorado FAIR Plan to enhance wildfire insurance access

March 12, 2025

ZestyAI has partnered with the Colorado FAIR Plan to improve insurance access for homeowners struggling to secure coverage due to wildfire and climate risks. The...

UK PayTech platform Blink Payment, which specialises in digital payment solutions, has announced its integration with ParaCode to enhance the payment processes for insurance brokers.

Blink Payment and ParaCode partner to modernise insurance payments

March 12, 2025

UK PayTech platform Blink Payment, which specialises in digital payment solutions, has announced its integration with ParaCode to enhance the payment processes for insurance brokers.

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and managing general agents (MGAs), has announced a strategic partnership with InsCipher to streamline tax compliance, enhance operational efficiency, and empower insurers to navigate the complexities of the regulatory landscape.

Insurity and InsCipher partner to streamline surplus lines tax compliance

March 12, 2025

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and managing general agents (MGAs), has announced a strategic partnership with InsCipher to streamline...

As the insurance sector continues its shift towards digital solutions, companies must adopt robust, scalable, and secure technology infrastructures. Cloud-based platforms, automation, and real-time data processing are now essential to maintaining a competitive edge. DevOps has become a fundamental part of this transformation, helping insurers and InsurTech firms accelerate development cycles, streamline deployments, and fortify security. ChainThat is embracing this approach with an advanced DevSecOps framework, ensuring its solutions are innovative, resilient, and compliant with industry standards.

ChainThat strengthens DevSecOps to enhance security and scalability in InsurTech

March 12, 2025

As the insurance sector continues its shift towards digital solutions, companies must adopt robust, scalable, and secure technology infrastructures. Cloud-based platforms, automation, and real-time...

Global insurance broker Marsh, a subsidiary of Marsh McLennan, has appointed Andrew George as president of Marsh Specialty, effective immediately.

Marsh appoints Andrew George as president of Marsh Specialty

March 12, 2025

Global insurance broker Marsh, a subsidiary of Marsh McLennan, has appointed Andrew George as president of Marsh Specialty, effective immediately.

Financial institutions, particularly insurers and banks, face mounting pressure to harness data effectively for decision-making. Machine learning (ML) has become a critical tool in predictive modelling, but deploying these advanced models efficiently remains a challenge. Earnix, a provider of AI-driven financial analytics solutions, has introduced the Auto XGBoost Lab, a platform designed to simplify the implementation of ML models in insurance and banking.

How Earnix’s Auto XGBoost Lab enhances predictive modelling

March 11, 2025

Financial institutions, particularly insurers and banks, face mounting pressure to harness data effectively for decision-making. Machine learning (ML) has become a critical tool in...

Smartpay Corporation, a provider of Buy Now Pay Later (BNPL) services, has partnered with Chubb Insurance Japan to launch embedded insurance products across the nation.

Smartpay and Chubb team up to launch embedded insurance in Japan

March 11, 2025

Smartpay Corporation, a provider of Buy Now Pay Later (BNPL) services, has partnered with Chubb Insurance Japan to launch embedded insurance products across the...