Sonnet to phase out auto insurance in Alberta, continues other services
Sonnet Insurance Company has declared its intention to exit the auto insurance sector in Alberta after a detailed analysis of its operations within the province.
How Generative AI is transforming motor insurance claims
Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty – and Generative AI may be the future, as Simplifai explains.
Stride partners with Roadie to provide benefits for 200,000 independent drivers
Stride, a leader in providing benefits for independent workers, has announced a new partnership with Roadie, a logistics platform with over 200,000 drivers across the USA.
ABAX introduces Fair Car Insurance to the Norwegian market
ABAX, a leading provider of fleet management solutions, has announced the launch of Fair Car Insurance for the Norwegian market.
Open Road to enter into collector vehicle insurance market
Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.
FloodFlash unveils sensor-enabled parametric flood insurance for US auto dealers
FloodFlash, a leading provider of parametric flood insurance solutions, has recently launched its Dealer Open Lot program in response to the urgent need to support US businesses, particularly auto dealers, facing the looming threat of severe flooding during the upcoming hurricane season.
Simplifai launches claims processing solution powered by InsuranceGPT
Simplifai, a leading provider of AI-powered solutions, has announced the availability of a new product designed to streamline the claims processing workflow for insurance companies.
The Black Car Fund adopts CLARA Analytics AI to enhance claims management and accuracy
The Black Car Fund, a not-for-profit organisation established by New York State, has announced its partnership with CLARA Analytics, a leader in the application of artificial intelligence in the insurance sector.
PremFina and MyFirst join forces to drive young drivers insurance solutions
PremFina, a premium finance provider, and MyFirst, a specialist in insurance for young drivers, have announced a new strategic partnership aimed at assisting young drivers in securing the right cover.
CrashBay raises $1.25m boost for collision repair network
CrashBay, the first digital marketplace dedicated to transforming the collision repair industry, has successfully closed a funding round of $1.25m.