Infrastructure/Back-end

Sapiens International Corporation, a global provider of insurance software solutions, has partnered with Encova Insurance to reduce the time-intensive demands of regression testing during...

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.

Migrating legacy systems in the insurance sector is fraught with challenges. Outdated platforms, complex regulatory requirements across jurisdictions, and tight deadlines often create a...

NFP, an Aon company and global leader in P&C insurance and risk consultancy, has expanded its digital transformation strategy by partnering with Qumis, a legal-grade AI platform built specifically for the insurance sector.

Cytora has launched a new agentic AI-powered tool, Unified Risk Reasoning, which marks a major step forward in the full automation of risk workflows for insurance professionals.

As investor scrutiny intensifies and funding windows narrow, getting a clickable MVP into stakeholders' hands fast is becoming essential in FinTech product development. AI-powered low-code platforms claim to slash development time from weeks to mere hours, offering a competitive edge for teams under pressure. To put these claims to the test, custom software development company Symfa examined four leading contenders: Marblism, Vercel’s v0, Bolt.new, and Glide.

Fadata, a global provider of core software solutions for the insurance industry, has unveiled its latest AI strategy, aimed at reshaping how insurance firms adopt and benefit from artificial intelligence.

Yasmina has raised $2m in seed funding to cement its position as Saudi Arabia’s first embedded InsurTech platform.

Insurance operations have long suffered from fragmentation, where each step, from submission to policy issuance, is handled by disconnected systems. IntellectAI is challenging this approach by introducing two integrated ecosystems: one for underwriting and another for distribution. These ecosystems are engineered to support the full policy lifecycle, offering seamless collaboration, improved data sharing, and reduced redundancy.

The insurance sector is at an important crossroads. It is currently in a period of increased competition and market pressure, meaning existing growth and profitability strategies are under strain. They need to find a way to cope with this market pressure but not stifle their future growth.