InsurTech

Administrative tasks make up a substantial portion of the over $4tn annual healthcare expenditure in the United States. Despite digital advancements, only a quarter of healthcare members actively engage with existing digital portals and apps. As a result, call centres remain overwhelmed, struggling to meet demand. But Ushur is helping to change that through its AI Agent for Member Service.

The AI Agent redefining business growth in healthcare

Administrative tasks make up a substantial portion of the over $4tn annual healthcare expenditure in the United States. Despite digital advancements, only a quarter of healthcare members actively engage with existing digital portals and apps. As a result, call centres remain overwhelmed, struggling to meet demand. But Ushur is helping to change that through its AI Agent for Member Service.
Lloyd’s of London coverholder, Kita, a specialist InsurTech focused on carbon insurance, has announced its expansion into Australia.

Kita expands to Australia to strengthen global carbon insurance coverage

Lloyd’s of London coverholder, Kita, a specialist InsurTech focused on carbon insurance, has announced its expansion into Australia.
Vitesse, a global treasury and payment provider for the insurance industry, and Five Sigma, an AI-native claims management technology company, have announced a strategic partnership aimed at modernising claims payouts.

Vitesse and Five Sigma partner to modernise claims payouts with AI

Vitesse, a global treasury and payment provider for the insurance industry, and Five Sigma, an AI-native claims management technology company, have announced a strategic partnership aimed at modernising claims payouts.
The insurance industry is increasingly leveraging data monetisation to enhance efficiency, optimise risk assessment, and reduce operational costs. By transforming data into a strategic asset, insurers can unlock new revenue streams and gain a competitive advantage in an evolving marketplace, as digital health technology platform dacadoo explains.

Transforming insurance with data: Monetisation strategies for success

The insurance industry is increasingly leveraging data monetisation to enhance efficiency, optimise risk assessment, and reduce operational costs. By transforming data into a strategic...
ZestyAI has partnered with the Colorado FAIR Plan to improve insurance access for homeowners struggling to secure coverage due to wildfire and climate risks.

ZestyAI partners with Colorado FAIR Plan to enhance wildfire insurance access

ZestyAI has partnered with the Colorado FAIR Plan to improve insurance access for homeowners struggling to secure coverage due to wildfire and climate risks. The...
UK PayTech platform Blink Payment, which specialises in digital payment solutions, has announced its integration with ParaCode to enhance the payment processes for insurance brokers.

Blink Payment and ParaCode partner to modernise insurance payments

UK PayTech platform Blink Payment, which specialises in digital payment solutions, has announced its integration with ParaCode to enhance the payment processes for insurance brokers.
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and managing general agents (MGAs), has announced a strategic partnership with InsCipher to streamline tax compliance, enhance operational efficiency, and empower insurers to navigate the complexities of the regulatory landscape.

Insurity and InsCipher partner to streamline surplus lines tax compliance

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and managing general agents (MGAs), has announced a strategic partnership with InsCipher to streamline...
As the insurance sector continues its shift towards digital solutions, companies must adopt robust, scalable, and secure technology infrastructures. Cloud-based platforms, automation, and real-time data processing are now essential to maintaining a competitive edge. DevOps has become a fundamental part of this transformation, helping insurers and InsurTech firms accelerate development cycles, streamline deployments, and fortify security. ChainThat is embracing this approach with an advanced DevSecOps framework, ensuring its solutions are innovative, resilient, and compliant with industry standards.

ChainThat strengthens DevSecOps to enhance security and scalability in InsurTech

As the insurance sector continues its shift towards digital solutions, companies must adopt robust, scalable, and secure technology infrastructures. Cloud-based platforms, automation, and real-time...
Global insurance broker Marsh, a subsidiary of Marsh McLennan, has appointed Andrew George as president of Marsh Specialty, effective immediately.

Marsh appoints Andrew George as president of Marsh Specialty

Global insurance broker Marsh, a subsidiary of Marsh McLennan, has appointed Andrew George as president of Marsh Specialty, effective immediately.
Financial institutions, particularly insurers and banks, face mounting pressure to harness data effectively for decision-making. Machine learning (ML) has become a critical tool in predictive modelling, but deploying these advanced models efficiently remains a challenge. Earnix, a provider of AI-driven financial analytics solutions, has introduced the Auto XGBoost Lab, a platform designed to simplify the implementation of ML models in insurance and banking.

How Earnix’s Auto XGBoost Lab enhances predictive modelling

Financial institutions, particularly insurers and banks, face mounting pressure to harness data effectively for decision-making. Machine learning (ML) has become a critical tool in...

News Stories

TPG-backed Third Wave broadens regional brokerage reach

TPG-backed Third Wave broadens regional brokerage reach

Third Wave Insurance, the retail insurance brokerage platform backed by global alternative asset manager TPG, has agreed to acquire five insurance and advisory firms...
Why Cover Genius snapped up Berlin's Friendsurance

Why Cover Genius snapped up Berlin’s Friendsurance

Cover Genius, the embedded protection infrastructure firm, has bought Berlin-based InsurTech Friendsurance, deepening its footprint in European bancassurance and reinforcing its reach across Germany,...
Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
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