FinTech News

The advent of machine learning (ML) and artificial intelligence (AI) has revolutionised the predictive analytics landscape. Yet, as we leverage these advancements, the imperative...

As the landscape of the insurance industry undergoes a profound transformation, driven by technological advancements, shifting societal values, and evolving consumer preferences, incumbents are grappling with the imperative to redefine their approach to customer engagement. Today’s insurance customers demand more than just protection; they seek slick and efficient operations, that are personalised and tailored to their exact needs.

Zurich Insurance and Klook have joined forces to introduce FlyEasy, a solution aimed at addressing flight delays by offering lounge access to affected passengers.

Duck Creek Technologies, a leading provider of intelligent solutions for property and casualty (P&C) and general insurance, has launched Duck Creek Payments in the North American market.

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced a new addition to its board of directors. 

Insurity, a leading provider of cloud software for insurance carriers, brokers, and MGAs, has partnered with OIP Robotics to revolutionise data processing within the Property & Casualty (P&C) insurance sector.

The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes.

Equisoft, a prominent global digital solutions provider to the financial industry, has announced a partnership with Family Guardian Insurance Company to modernise the front-end tools for its insurance businesses.

The CareVoice, a prominent global embedded health enabler for insurers, has successfully concluded its Series B funding round, raising close to $10m.

Akur8, the next-generation insurance pricing solution provider, has joined forces with Guidewire to introduce the Akur8 Accelerator for AI-Powered Pricing.