Why insurers must balance fast service with accurate AI outputs
As expectations for speed and convenience rise, insurance companies are under growing pressure to deliver fast, seamless service to their clients. Yet, as M-Files warns, speed without accuracy—especially when deploying generative AI—can risk customer satisfaction and ultimately harm a firm’s reputation.
IntellectAI targets insurance inefficiencies with AI-driven policy placement solution
IntellectAI, the InsurTech division of Intellect Design Arena, has unveiled Magic Placement, a new AI-powered solution designed to overhaul the way agents, brokers, and wholesalers compare insurance documents.
MIB Group acquires Clareto from Munich Re to enhance electronic health record integration in...
MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re...
Turris and Loro Insurtech join forces to simplify insurance compliance
Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed...
Vietnam’s PTI adopts Akur8’s machine learning platform to modernise pricing strategy
Akur8, a Paris-based InsurTech, has partnered with Post Telecommunication Joint Stock Insurance Corporation (PTI), one of Vietnam’s leading non-life insurance providers, to enhance its actuarial capabilities.
ZestyAI launches Severe Convective Storm suite in Ohio
ZestyAI, a leading provider of AI-powered risk analytics for the insurance sector, has received regulatory approval from the Ohio Department of Insurance for its...
Earnix joins UK insurance trade body BIBA to support broker innovation
Earnix, a global provider of intelligent, AI-driven decisioning solutions for the insurance sector, has joined the British Insurance Brokers’ Association (BIBA) as an associate member.
Jove partners with Chubb to launch first UK digital insurance programme for tech contractors
Jove, a UK-based InsurTech company, has partnered with global insurance leader Chubb to launch its first fully digital insurance programme, specifically designed to serve technology contractors and businesses across the UK.
GI Partners unveils national MGA platform backed by InsurTech leadership
GI Partners has partnered with seasoned insurance executives Brad Emmons and Brian Hanuschak to launch a new technology-enabled managing general agency (MGA) platform.
Tokio Marine HCC International appoints Thibaud Hervy as CEO
Tokio Marine HCC International, the international subsidiary of global specialty insurance group Tokio Marine HCC, has announced the promotion of Thibaud Hervy to chief executive officer (CEO) and Simon Button to chief underwriting officer (CUO).
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