Tag: Fintech

Traditionally, manufacturers have relied on dedicated handheld barcode scanners for inventory management, asset tracking, and supply chain operations. However, the advent of smartphone technology is transforming this practice. Modern smartphones can now accurately scan barcodes, QR codes, and other machine-readable symbols, tasks previously managed by specialised hardware. This shift is primarily driven by the need to optimise costs and operational efficiency, leveraging the ubiquity and versatility of mobile devices.

Five Sigma, a prominent AI claims management software company, has introduced the insurance industry’s first AI-powered Insurance Adjustment Agent, Clive™.

Ushur, the leader in AI-powered Customer Experience Automation™ (CXA), has announced the launch of its prebuilt AI-powered automation solution.

Akur8, a next-generation insurance pricing solution, has announced that Millennial Specialty Insurance (MSI) will leverage its innovative offering to streamline the decision-making processes within its pricing team.

Oper, a leading innovator in mortgage software, has announced the launch of a set of AI-powered product features designed to transform the underwriting and fulfilment processes in digital mortgage journeys.

Aviva, a leading British multinational insurance company, has partnered with Symfos, a provider of innovative risk management software solutions.

SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, has successfully closed the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60m.

In today’s tech landscape, innovations in software development kits (SDKs) continue to redefine how businesses handle data processing and automation. Following the success of its Barcode and Document Scanner SDKs, Scanbot SDK has introduced its latest offering: the Web Data Capture Demo.

At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.

Charlee.ai, a provider of AI-based predictive analytic solutions, has announced a strategic partnership with Duck Creek Technology to enhance the claims management process.