Tag: Fintech

Guidewire, a leading provider of cloud-based software for insurers, has announced plans to acquire Quantee, a Poland-based InsurTech specialising in dynamic pricing software.

When analysts begin working in pricing, their first instinct is often to dive straight into modelling. Generalised Linear Models (GLMs) are a standard approach, commonly taught as the foundation for pricing models. It is easy to get caught up in testing different variables, applying transformations, and searching for interactions. However, focusing solely on model mechanics can cause analysts to overlook fundamental limitations, according to Quantee. 

Peak3, a global InsurTech company specialising in cloud-based insurance solutions, has raised $35m in a Series A funding round to accelerate its expansion across the UK and European markets.

Global InsurTech firm bolttech, which operates a technology-driven insurance ecosystem, has announced the appointment of Ridhi Chaudhary, chief investment officer at Dragon Fund by Liquidity and MUFG, as a non-executive director.

Marsh, a global leader in insurance broking and risk advisory, and a subsidiary of Marsh McLennan, has introduced an upgraded version of its flagship Cyber Echo insurance facility, providing clients with up to $45m in additional cyber insurance capacity.

WTW, a global advisory, broking, and solutions company, has named Massimo Cavadini as head of product, pricing, claims and underwriting for Continental Europe.

Administrative tasks make up a substantial portion of the over $4tn annual healthcare expenditure in the United States. Despite digital advancements, only a quarter of healthcare members actively engage with existing digital portals and apps. As a result, call centres remain overwhelmed, struggling to meet demand. But Ushur is helping to change that through its AI Agent for Member Service.

ZestyAI has partnered with the Colorado FAIR Plan to improve insurance access for homeowners struggling to secure coverage due to wildfire and climate risks. The...

UK PayTech platform Blink Payment, which specialises in digital payment solutions, has announced its integration with ParaCode to enhance the payment processes for insurance brokers.

As the insurance sector continues its shift towards digital solutions, companies must adopt robust, scalable, and secure technology infrastructures. Cloud-based platforms, automation, and real-time...