Tag: Fintech
IntelePeer bags $140m to advance AI automation in customer service
IntelePeer, a leading provider of AI-powered communications automation, has announced the successful completion of a $140m growth funding and debt financing round.
ZestyAI launches AI-powered storm risk products following state approval
ZestyAI, a leading provider of climate and property risk analytics solutions, has announced that it has received approval from the Texas Department of Insurance for its comprehensive suite of Severe Convective Storm products.
Blink Parametric launches innovative Flight Disruption assistance solution with Heymondo
Blink Parametric, a pioneering provider of parametric insurance solutions, has unveiled its latest offering in collaboration with travel insurance specialist Heymondo.
Acrisure names John Tuttle as president amid strategic growth push
Acrisure, an innovative leader in financial services and insurance, has announced the appointment of John Tuttle, currently the vice chairman of the New York Stock Exchange (NYSE), as president, effective September 1, 2024.
Why effective claims management is crucial for insurance companies
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.
Covéa Insurance’s Home IHP product launches on Acturis platform to boost...
Acturis, a prominent technology provider for the general insurance industry, is set to integrate Covéa Insurance‘s Home IHP product into its platform.
Insurance broker District Cover secures $7m in funding round backed by...
District Cover, a small business insurance broker, has successfully raised over $7m in a funding round that featured participation from Andreessen Horowitz.
Markel partners with mea to boost underwriting procedure with machine learning
Markel has partnered with mea Platform to enhance the accuracy of its underwriting procedure by utilising Machine Learning (ML).
Asset-intensive reinsurer Martello Re secures $935m in equity funding round
Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.
Carbon Underwriting launches innovative Syndicate 5757 with Lloyd’s approval
Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.