Tag: automation
1Fort secures $2m pre-seed fund to transform cyber insurance automation
1Fort, an innovative cyber insurance automation platform, has recently achieved a significant financial milestone. The firm, which aims to streamline the cyber insurance procurement process for middle to large businesses and insurance brokers, has secured $2m in pre-seed funding.
Speed or quality: The AI dilemma disrupting the insurance sector
In the dynamic landscape of insurance, artificial intelligence (AI) has emerged as a game-changing element. The central subject of many debates at recent forums, such as the #everywoman insurance forum, is an AI-powered chatbot, Chat-GPT. InsurTech company distriBind has explored the role of ai and chatbots in insurance.
Maximising MGA’s capabilities with technology in the global insurance landscape
Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...
How digitalisation can make insurance firms resilient in an inflation-hit economy
Inflation, a pervasive economic phenomenon, is extending its grip across all sectors, including the insurance industry. A projection indicates that the surge in prices...
Automation software developer Decisions pulls in $40m from Aldrich Capital
No-code business rule and process automation platform Decisions has pulled in $40m in funding from Aldrich Capital.