Tag: Insurance Industry

Prodigy Health Insurance Services is set to leverage Gradient AI's underwriting solution to bolster its medical stop loss insurance offerings.

Ascend, a leading provider of financial operations automation software tailored for the insurance industry, has announced a strategic alliance with Embroker, that is set to revolutionise the insurance landscape.

The state of reinsurance pricing in 2023 is under scrutiny. With the landscape of risks evolving at an unprecedented pace, reinsurers are facing significant barriers to optimally underwriting risks. A staggering 70% of underwriters acknowledge that this rapidly changing environment presents the greatest challenge to their ability to underwrite risks effectively.

Diesta, the London-based InsurTech startup, has successfully closed a seed funding round, raising $1.9m.

Federato has announced an exciting partnership with Google Cloud to integrate advanced AI capabilities into its RiskOps underwriting platform.

Neptune Flood, the largest private provider of flood insurance in the United States, has achieved a significant milestone by surpassing $200m in premium revenue.

In the ever-evolving landscape of the insurance industry, achieving meaningful change extends far beyond the realm of structural shifts and organisational adjustments. The dynamics of insurance, like any other sector, are heavily influenced by the mindsets of employees and the fabric of organisational culture. 

There's been a noteworthy shift within the insurance sector. The catalyst for this shift? The ever-growing importance and sheer volume of data.

distriBind, the leading digital delegated authority data exchange platform, has announced a collaboration with Greenlight Reinsurance, a distinguished specialist in property and casualty reinsurance...

BrokerTech Ventures (BTV), a pioneering broker-centric accelerator program in the InsurTech industry, can reveal that the collective valuation of its startups is now approaching $1bn.