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Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution.

Indian InsurTech firm Covrzy has received a direct broking (general) license from the Insurance Regulatory and Development Authority of India (IRDAI). 

Skyward Specialty Insurance, a leader in the specialty property and casualty (P&C) market, has announced key additions to its team to expand its Healthcare Solutions portfolio and broaden its Transactional Property E&S underwriting units.

NTT DATA UK&I, a leading IT services provider and consultancy for the insurance industry, has announced a new partnership with iPipeline, a renowned provider of comprehensive digital solutions for life insurance, pensions, savings, and investments in the UK.

In today’s fast-paced digital era, where technology is constantly evolving, companies face the challenge of effectively engaging with their customers. Traditional methods of customer engagement, such as in-person interactions or phone calls, are no longer sufficient in meeting the expectations of modern consumers. Instead, companies must leverage digital platforms to connect with their audience in meaningful ways.

Claims management is a vital function within the insurance industry, focusing on the resolution and processing of claims made by policyholders. By optimising this process, insurers aim to handle claims more swiftly, reduce instances of fraud, and maintain regulatory compliance. Comarch delves deeper into what makes claims management so critical for insurers.

District Cover, a small business insurance broker, has successfully raised over $7m in a funding round that featured participation from Andreessen Horowitz.

Juno, the first company in the U.S. to provide child disability insurance, has announced the successful closure of an $8.5m Series A funding round.

Five Sigma, a prominent AI claims management software company, has introduced the insurance industry’s first AI-powered Insurance Adjustment Agent, Clive™.

Discover how Symfa is revolutionising CPP modernisation for an insurance giant by leveraging API-led connectivity and OutSystems. Tatiana Smolenchuk, Software Developer at the firm delves into the innovative strategies and insights from this ambitious digital transformation project, showcasing the power of modern technology in reshaping the insurance landscape.