FinTech News

A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum of computers has replaced the shuffle of papers, and the decisions once made by teams are executed by an AI agent with surgical precision.

How Majesco cuts insurance claims from an hour to four minutes

A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum...
When generic AI isn’t enough: why insurance needs its own brain

When generic AI isn’t enough: why insurance needs its own brain

Insurance companies may be eager to adopt generative AI capabilities, but generic models often fail to grasp the industry’s complexities
Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to simplify policy management and improve user engagement.

Bajaj Life unveils enhanced app for life goals tracking

Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to...
QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance cyber coverage access for brokers.

QuickFacts partners with BOXX to expand broker cyber solutions

QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance...
WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and strategic service, as the captive insurance market continues to see significant growth.

Captive Fit by WTW enhances insurance programme efficiency

WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and...
Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto, Home, and Life Insurance Partner.

Amica and Penn State join forces in multi-year sports deal

Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto,...
Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood to simplify and accelerate insurance delivery for property owners and their agents.

Honeycomb Insurance and Neptune Flood streamline property coverage

Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood...
Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to that data remains a persistent challenge. Legacy systems are rarely designed to handle the data-heavy demands of modern reserving, creating a bottleneck that often results in rushed quarterly reviews. As a result, actuarial teams can find themselves focusing more on completing reports than on delivering deeper analytical insights, according to Akur8.

How data access is redefining actuarial efficiency

Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to...
Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage risk.

Federato unveils enterprise-grade agentic AI solution

Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage...

How BexarWare is laser-focused on modernising the insurance industry

Originally founded in 2019, San Antonio-headquartered BexarWare provides end-to-end custom software services that meet complex business challenges with native, hybrid, and custom software development....

News Stories

Sixfold’s new AI tool tackles life and health cases

Sixfold, the underwriting AI platform used by leading insurers around the world, has launched an AI Underwriter for Life & Health insurance, a governed...
Great Hill Partners announces strategic investment in Aurenity

Great Hill Partners announces strategic investment in Aurenity

Aurenity, a technology-enabled excess & surplus (E&S) managing general agent headquartered in Connecticut, has secured a strategic investment from Great Hill Partners, a private...
WTW becomes official insurance partner of WSL Football

WTW becomes official insurance partner of WSL Football

WTW, a leading global advisory, broking and solutions company, has become the official insurance partner of the Barclays Women's Super League (BWSL) and BWSL2,...
Producerflow joins State Farm Startup Pitch finalists

Producerflow joins State Farm Startup Pitch finalists

Producerflow, a modern insurance distribution management platform built to help carriers, managing general agents and agencies manage the full producer lifecycle from onboarding through...
Closing insurance’s emerging risk blind spot

Closing insurance’s emerging risk blind spot

Insurance firms have always had to look to the future and prepare for potential outcomes. However, amid growing instability, that task has become much...
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