Tag: 2023 InsurTech

UK government set date for consult on new captive insurance regs

The UK government has revealed that they are set to consult on the introduction of a regime for captive insurance companies in spring 2024.

Expert for free: An architect’s take on the no-code BI Bubble...

Unveiling the pitfalls and limitations of Bubble, a no-code development platform, Alexander Shumski, Head of Presales, an engineer and architect at Symfa, offers a comprehensive analysis and reveals the intricacies that make it a challenging choice for enterprise BI development. Shumski offers his opinion on the discussion and offers nuanced insights into superior alternatives that amplify BI software development, ensuring a seamless transition towards enhanced efficiency and functionality.

How ESG considerations are changing the InsurTech landscape

As the spotlight on Environmental, Social, and Governance (ESG) issues intensifies, insurance companies are faced with the complex task of aligning their strategies with the broader ESG landscape. As new research from Solera surfaces suggesting that customers are increasingly seeking proof of ESG commitment, FinTech Global examines how these ESG considerations are affecting insurers.

MGA OneBefore launches to target UK individuals and SMEs

OneBefore, an underwriter-led Managing General Agent (MGA), has announced its UK launch.

FRISS launches Claims Analytics Accelerator for Guidewire Cloud

FRISS, a global leader in trust automation solutions for Property and Casualty (P&C) insurers, has revealed the FRISS Accelerator for Claims Analytics for ClaimCenter Cloud.

Data analytics – the next frontier for insurance  

The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap in the space. 

How insurers can offer easy online document submissions using a Web...

Many insurance companies offer their customers the convenience of scanning and submitting claims-related documents through dedicated mobile apps. While this approach works well for many, not all users want to download additional applications. Fortunately, there's an alternative solution that combines efficiency and user-friendliness – implementing a Web SDK for document scanning directly through browsers.

Unraveling insurance data standardisation: CDR vs. MRC

The insurance industry relies heavily on efficient data communication, and two key terms, the Core Data Record (CDR) and the Market Reform Contract (MRC), play significant roles in standardising this communication. While distinct, both concepts contribute to insurance processing and documentation, streamlining operations in the sector.

Vesttoo continues to push for ‘value-maximising’ business plan

Israeli InsurTech Vesttoo has requested more time from the creditors in their Chapter 11 bankruptcy case, as it still believes it can produce a "value-maximising transaction".

Ushur’s omnichannel revolution: A seamless customer experience

The significance of digital communications is growing, making true omnichannel capabilities more critical than ever in providing a unified customer experience. While the goal of omnichannel might sound simple, it involves complex challenges. InsurTech Usher delves into the nuances of omnichannel and its impact on business drivers like loyalty, customer experience improvement, and operational cost reduction. 

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