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

Acrisure's Auris AI targets insurance's data silos

Acrisure’s Auris AI targets insurance’s data silos

Acrisure, the global FinTech group spanning insurance, reinsurance, payroll, benefits, cybersecurity and real estate services across 19 countries, has launched Auris AI, an applied...
Agero, MOTER team up on connected claims

Agero, MOTER team up on connected claims

Agero, a digital driver assistance provider operating through its recently acquired Urgently platform, and MOTER Technologies (MOTER), an InsurTech firm that converts connected vehicle...

AXA expands AI agent hub with Publicis Sapient

AXA, the global insurance and asset management group, has entered into a strategic partnership with Publicis Sapient, a technology company specialising in enterprise AI...

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
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