Tag: automation

Hourly.io has selected Origami Risk's multi-tenant SaaS P/C core solution to introduce critical automation to their insurance platform.

Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.

In a 2019 conference panel discussion, the CEO of distriBind made an insightful statement about data management in insurance: "In a bordereaux world, you have to touch 100% of the data." This motto continues to drive the company's mission of removing friction and manual labour in delegated authority within the insurance sector.

Home Instead Ireland, a dedicated provider of person-centred care, is on a pivotal mission to improve the lives of older adults and their families. In 2020, they took a strategic decision to incorporate the ViClarity Quality Management system into their operations. The primary aim was to enhance manual processes related to quality and compliance on both local and national scales.

Verifiable, a HealthTech firm targeting the inefficiencies in healthcare credentialing, has successfully raised a notable $27m Series B. 

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.

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. 

Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...

Inflation, a pervasive economic phenomenon, is extending its grip across all sectors, including the insurance industry. A projection indicates that the surge in prices...

No-code business rule and process automation platform Decisions has pulled in $40m in funding from Aldrich Capital.