Tag: Insurance Technology

The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes.

PeppercornAI, an emerging InsurTech firm, announced its inaugural strategic partnership with ICE InsureTech, a provider known for delivering innovative insurance technology solutions.

Hub International Limited (HUB), a premier global insurance brokerage and financial services firm, has recently announced the introduction of HUB Builder's Risk Insurance Solutions.

Optalitix, an InsurTech known for its innovative underwriting and pricing model software solutions, has launched significant enhancements to its Optalitix Models and Optalitix Quote products.

The Digital Insurer (TDI), a leading voice in the InsurTech sector, has announced an exclusive partnership with the Singapore College of Insurance (SCI), a premier provider of professional insurance education.

CLARA Analytics, a leading AI as a service (AIaaS) provider focused on transforming casualty claims outcomes, has recently announced a significant financial boost. This investment,...

63% of Singapore's insurance market is set to replace core management systems in 2024, according to a recent global study by Novidea. 

CarbonPool, a trailblazing company at the intersection of insurance technology and environmental sustainability, has successfully completed a funding round, raising a significant CHF 10.5 million ($12m).

In the fast-paced InsurTech realm, gaining insights from diverse markets is an invaluable opportunity; one not to be missed. Mike Scott, Sales Manager at Novidea, shares his insightful trip to the InsurTech Insights Asia conference in Hong Kong, shedding light on the challenges and opportunities within the Asia-Pacific insurance landscape.

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has revealed strategic investments in three cutting-edge portfolio companies: Wagmo, Roots Automation, and Trust & Will.