Sector Updates

Eric Coleman takes the helm as president of business insurance at Farmers Insurance

Eric Coleman takes the helm as president of business insurance at Farmers Insurance

Farmers Insurance announced the significant appointment of Eric Coleman as President of Business Insurance.
Harnessing GenAI: Strategies for integrating transformative technology in business

Harnessing GenAI: Strategies for integrating transformative technology in business

Generative AI, or GenAI, has rapidly shifted from a mere discussion point to a pivotal tool in business innovation, offering unprecedented efficiency and smart solutions. Ilya Mokin, head of R&D at Symfa, shares insights into integrating a ChatGPT bot within their in-house ERP system, highlighting the potential and challenges of custom on-demand reports and analytics.
The role of LLMs in enhancing BFSI operational efficiency and customer service

The role of LLMs in enhancing BFSI operational efficiency and customer service

The advent of generative AI is not just a futuristic vision but a present reality transforming how businesses communicate with customers. This cutting-edge technology, underpinned by large language models (LLMs) like GPT-4, BERT, ELECTRA, and RoBERTa, is setting new standards for customer interaction and service delivery. It enables systems that not only manage communications but also predict and adapt to customer needs with unprecedented personalization and efficiency.
InsurTech bolt welcomes SaaS veteran Matt More to executive team

InsurTech bolt welcomes SaaS veteran Matt More to executive team

bolt, an InsurTech leader with the largest technology-enabled insurance exchange in the US, today announced the significant appointment of Matt More as the Chief Financial Officer (CFO) for North America.
Juniper pioneers in reproductive health with innovative insurance coverage

Juniper pioneers in reproductive health with innovative insurance coverage

Juniper has identified a significant gap in the health insurance market by offering comprehensive reproductive insurance, a critical area often overlooked by conventional health plans.
Slice expands contractor insurance across 47 states with top-rated PHLY coverage

Slice expands contractor insurance across 47 states with top-rated PHLY coverage

Slice Labs (Slice), a leading innovator in the InsurTech sector, has expanded into seven additional states and the District of Columbia. This expansion is supported...

Previsico welcomes Aleksander Surowiak as head of sales to propel InsurTech growth

Previsico, the innovative live flood forecasting InsurTech, has recently expanded its leadership team by appointing Aleksander Surowiak as the new Head of Sales.
New legal expense insurance for digital asset theft unveiled by M2 Recovery

New legal expense insurance for digital asset theft unveiled by M2 Recovery

M2 Recovery, a prominent InsurTech firm, has recently unveiled a novel insurance product specifically designed to address the legal expenses associated with the recovery of stolen digital assets.
Embedded InsurTech Laka gains significant funding from Achmea Innovation Fund

Embedded InsurTech Laka gains significant funding from Achmea Innovation Fund

Achmea Innovation Fund has recently placed a significant investment in Laka, a pioneering InsurTech startup based in London.
The Black Car Fund, a not-for-profit organisation established by New York State, has announced its partnership with CLARA Analytics, a leader in the application of artificial intelligence in the insurance sector.

The Black Car Fund adopts CLARA Analytics AI to enhance claims management and accuracy

The Black Car Fund, a not-for-profit organisation established by New York State, has announced its partnership with CLARA Analytics, a leader in the application of artificial intelligence in the insurance sector.

News Stories

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, the Intake & Orchestration Platform for insurance operations, has agreed a partnership with HDI Global US to modernise how complex corporate and...
Alfred launches Costco-style bills membership

Alfred launches Costco-style bills membership

Alfred, a new AI-native services company that gives UK households access to better prices across energy, mobile, broadband, home insurance, car insurance and breakdown...

Sixfold study: L&H underwriters back AI, adoption lags

Sixfold, the AI underwriting company that partners with major Life and Health carriers worldwide, has published new research revealing that confidence in artificial intelligence...
Road safety shift threatens motor insurers

Road safety shift threatens motor insurers

Angelica Solutions, an insurance analytics and advisory business, has warned that a growing share of serious road casualties among pedestrians and cyclists could open...
ZestyAI's Z-WATER wins approval in 20+ US states

ZestyAI’s Z-WATER wins approval in 20+ US states

ZestyAI, a Risk Decision Platform serving the insurance industry, has had its Z-WATER model for non-weather water risk accepted for use in carrier rate...
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