FinTech News

In an era defined by technological leaps, the insurance industry faces a pivotal juncture: with the opportunity to embrace Generative AI (GenAI) to elevate the customer experience at the forefront of that. FinTech Global had the privilege to speak with Deepti Kalra, Vice President & Head of AI Products & Solutions – Insurance Analytics at EXL, to delve into the crucial facets of GenAI and its transformative potential within insurance. 

How insurance firms can incorporate GenAI to improve the customer experience

In an era defined by technological leaps, the insurance industry faces a pivotal juncture: with the opportunity to embrace Generative AI (GenAI) to elevate the customer experience at the forefront of that. FinTech Global had the privilege to speak with Deepti Kalra, Vice President & Head of AI Products & Solutions – Insurance Analytics at EXL, to delve into the crucial facets of GenAI and its transformative potential within insurance. 
Ushur has introduced innovative AI-powered solutions aimed at automating and streamlining the intake process for Group Benefits sales quoting and requests for proposal (RFP).

Ushur unveils AI-powered automation solutions for Group Benefits quoting

Ushur has introduced innovative AI-powered solutions aimed at automating and streamlining the intake process for Group Benefits sales quoting and requests for proposal (RFP).
Akur8 and Ohio Mutual Insurance Group form strategic alliance for advanced insurance pricing capabilities

Akur8 and Ohio Mutual Insurance Group form strategic alliance for advanced insurance pricing capabilities

Akur8, known for its next-generation insurance pricing solution powered by transparent machine learning, has recently announced a strategic partnership with Ohio Mutual Insurance Group.
Roadzen

Roadzen appoints new CFO in bid to continue expansion

Roadzen Inc., a global pioneer in AI-driven insurance and mobility solutions, has announced a new Chief Financial Officer (CFO) designed to continue the firm’s expansion.
Blue Cross extends partnership with Blink Parametric

Blue Cross extends partnership with Blink Parametric to enhance Canadian travel insurance

Blue Cross, a renowned insurance provider trusted across Canada, and Blink Parametric, an innovative Ireland-based InsurTech company, have announced an extension of their partnership...
Mumbai's InsurTech pioneer Riskcovry secures $4.5m in latest funding round

Mumbai’s InsurTech pioneer Riskcovry secures $4.5m in latest funding round

Riskcovry, a Mumbai-based InsurTech startup, has raised around $4.5m in a bridge funding round.
Majesco expands P&C solutions with strategic acquisition of DRC Business

Majesco expands P&C solutions with strategic acquisition of DRC Business

Majesco, a global provider of cloud insurance software solutions, has recently announced its acquisition of the Decision Research Corporation (DRC) business.
Gallagher Re, a prominent entity in the reinsurance sector, has announced a leadership reshuffle, as the firm looks to continue to build its pool of talent.

Gallagher Re announces leadership team reshuffle

Gallagher Re, a prominent entity in the reinsurance sector, has announced a leadership reshuffle, as the firm looks to continue to build its pool of talent.
Webull Corporation, a leading digital investment platform, has announced the launch of brokerage services in Canada.

Webull expands brokerage services into Canada

Webull Corporation, a leading digital investment platform, has announced the launch of brokerage services in Canada.
Private investment firm Gallatin Point Capital LLC will acquire a majority stake worth $1.25bn in the attorney-in-fact for Trusted Resource Underwriters Exchange (TRUE).

Gallatin Point invests $1.25bn in TRUE to assist national expansion

Private investment firm Gallatin Point Capital LLC will acquire a majority stake worth $1.25bn in the attorney-in-fact for Trusted Resource Underwriters Exchange (TRUE).

News Stories

Acrisure's Auris AI targets insurance's data silos

Acrisure’s Auris AI targets insurance’s data silos

Acrisure, the global FinTech group spanning insurance, reinsurance, payroll, benefits, cybersecurity and real estate services across 19 countries, has launched Auris AI, an applied...
Agero, MOTER team up on connected claims

Agero, MOTER team up on connected claims

Agero, a digital driver assistance provider operating through its recently acquired Urgently platform, and MOTER Technologies (MOTER), an InsurTech firm that converts connected vehicle...

AXA expands AI agent hub with Publicis Sapient

AXA, the global insurance and asset management group, has entered into a strategic partnership with Publicis Sapient, a technology company specialising in enterprise AI...

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
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