FinTech News

Otto, an AI-powered startup focused on business travel, has raised $6m in a seed funding round.

The insurance sector is witnessing a paradigm shift as carriers move beyond conventional loss control surveys to embrace service-oriented strategies. This evolution is fueled...

In today’s rapidly changing insurance sector, the focus on managing the human side of risk has never been more important. Insurance now extends beyond policies and claims—it is about fostering a culture of safety, building long-term trust, and enhancing collaboration between insurers and their clients. A well-structured service plan that tackles these human elements can create significant benefits for both insurers and insureds, leading to a win-win scenario.

In clinical trials, where innovation often hinges on participant involvement, many studies are facing challenges in attracting and retaining enough participants. One key factor behind this difficulty is the trial's communication process. The traditional methods often leave patients frustrated, causing dropout rates to soar. However, a shift is underway, driven by artificial intelligence (AI) and automation, as customer experience automation company Ushur explains.

IAT Insurance Group, a specialty property and casualty insurance carrier, has chosen CLARA Analytics, a leading AI-based claims solutions provider, to implement its Claims Document Intelligence Pro (Claims DocIntel Pro) platform.

Active insurance provider Coalition, which focuses on cyber insurance and risk management, has appointed Fiona McMartin as an associate underwriter in its London office.

CRC Group, a leading North American wholesale specialty insurance distributor, has announced the addition of three new professionals to its team as part of its strategic expansion.

EventPipe has partnered with embedded InsurTech Protecht to launch a game-changing solution designed to revolutionise bookings in youth and amateur sports.

Flowcode has partnered with REIN, an embedded insurance technology company, to help consumers secure quotes and find coverage anytime.

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has launched the latest version of its Sapiens CoreSuite for Property & Casualty, specifically for the North American insurance market.