Infrastructure/Back-end

Revolutionising insurance: The top 6 benefits of automating underwriting

Revolutionising insurance: The top 6 benefits of automating underwriting

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.

Family Guardian implements Equisoft/illustrate to meet consumers’ evolving digital expectations

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.
PeppercornAI partners with ICE InsureTech to revolutionise insurance with AI

PeppercornAI partners with ICE InsureTech to revolutionise insurance with AI

PeppercornAI, an emerging InsurTech firm, announced its inaugural strategic partnership with ICE InsureTech, a provider known for delivering innovative insurance technology solutions.
VIPR, a leading provider of cutting edge software solutions for the global delegated insurance, has appointed a new Chief Revenue Officer (CRO) to spearhead the firm's expansion globally.

VIPR welcomes new CRO to spearhead global expansion plans

VIPR, a leading provider of cutting edge software solutions for the global delegated insurance, has appointed a new Chief Revenue Officer (CRO) to spearhead the firm's expansion globally.
One Inc secures strategic investment from Nordic Capital to spearhead digital innovation in InsurTech

One Inc secures strategic investment from Nordic Capital to spearhead digital innovation in InsurTech

One Inc, a pioneering digital payments platform dedicated to revolutionising the North American insurance industry, has recently announced a significant new investment from Nordic Capital.
Encova Insurance, a super-regional property and casualty (P&C) insurer, has selected Guidewire to help streamline its core business operations and enhance its digital capabilities.

Encova Insurance selects Guidewire Cloud to modernise technology and optimise resources

Encova Insurance, a super-regional property and casualty (P&C) insurer, has selected Guidewire to help streamline its core business operations and enhance its digital capabilities.
In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (GenAI) holds immense potential for businesses. However, ensuring success with GenAI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.

How to avoid failure when implementing GenAI

In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (GenAI) holds immense potential for businesses. However, ensuring success with GenAI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.
Earnix and Sollers Consulting unite to revolutionise insurance sector with AI

Earnix and Sollers Consulting unite to revolutionise insurance sector with AI

Earnix, the premier provider of AI-based Software-as-a-Service (SaaS) solutions for the financial services sector, has joined forces with Sollers Consulting, an international operational advisory...
Due to the advent and widespread adoption of technologies such as Machine Learning (ML) and Generative AI, the InsurTech sector is expected to receive tighter boundaries when it comes to regulations in 2024. But what does that mean for the sector? InsurTech Analyst spoke to a host of industry experts to find out.

How will tightening regulations affect the InsurTech sector in 2024?

Due to the advent and widespread adoption of technologies such as Machine Learning (ML) and Generative AI, the InsurTech sector is expected to receive tighter boundaries when it comes to regulations in 2024. But what does that mean for the sector? InsurTech Analyst spoke to a host of industry experts to find out.
Revolutionising insurance pricing: To build or partner for success

Revolutionising insurance pricing: To build or partner for success

The landscape of the insurance industry is undergoing a profound transformation, driven by rapid technological advancements.

News Stories

Why underwriting workbenches are transforming insurance

Why underwriting workbenches are transforming insurance

For decades, the underwriting process has been slowed by labour-intensive tasks, disjointed systems, and repetitive manual work. Traditional methods often require underwriters to gather information...
Onics, a Danish smart-home technology firm with a significant presence in the Nordic insurance market, is expanding into the UK as it seeks to help home insurers curb losses.

Onics launches IoT solutions for UK home insurers

Onics, a Danish smart-home technology firm with a significant presence in the Nordic insurance market, is expanding into the UK as it seeks to...
Intersys, a UK-based technology, has launched a new AI in the Workplace Governance Policy Template designed to help insurers, MGAs, brokers and market service providers manage risks in relation to AI adoption.

Intersys releases AI risk policy for insurance sector

Intersys, a UK-based technology, has launched a new AI in the Workplace Governance Policy Template designed to help insurers, MGAs, brokers and market service...
Tide, the UK’s leading business management platform supporting more than 14% of UK small and medium-sized businesses, has introduced a new insurance service for SMBs.

Tide unveils new insurance service for small businesses

Tide, the UK’s leading business management platform supporting more than 14% of UK small and medium-sized businesses, has introduced a new insurance service for...
Customers typically enter the claims process at one of the most stressful points in their lives, and the industry’s traditional approach has often added friction rather than relief. Poor communication, unclear next steps and manual workflows all heighten anxiety, resulting in dissatisfaction and, ultimately, churn.

Three ways insurers can transform the claims journey

Customers typically enter the claims process at one of the most stressful points in their lives, and the industry’s traditional approach has often added...

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