Tag: Digital transformation

359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets Only 20% of respondents haven’t considered AI, whereas...

MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm. The investment comes...

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing fraud. However, only 43% of underwriters consistently trust predictive analytics recommendations. This discrepancy raises an essential question: how can AI truly transform underwriting, and what trends are driving its adoption in the InsurTech industry? Custom software development company Symfa investigates.

Novidea, a leading InsurTech firm known for its cloud-based, data-driven insurance enterprise management platform, has bolstered its presence in the London Market by relocating to a larger office space in the heart of the City of London.

Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.

Key US InsurTech investment stats in H1 2024: US InsurTech market in a slump as funding dropped by 78% YoY Healthee secured the biggest...

One of America's largest mortgage servicers has been facing a significant challenge. The company, which was established in the early 1990s and operates across...

Madanes Insurance Agency, a leading insurance broker specializing in complex insurance schemes across property, liability, and health sectors, along with risk and claims management, has partnered with Novidea.

Claims represent a pivotal moment in insurance, often determining customer loyalty and future business opportunities. They not only involve the insurer and the customer...

OpenRoad Insurance, an emerging collector vehicle insurer, has teamed up with Majesco, a renowned provider of cloud insurance platform software. Majesco announced that OpenRoad Insurance...