Tag: Insurance

FWD Group Holdings Limited and Microsoft have a four-year extension to their partnership that is designed to shape the future of AI-driven insurance experiences.

UK insurer BHSF has selected Sapiens International Corporation to assist them in their digital transformation.

Akur8 and MGS Seguros have announced an exciting collaboration aimed at revolutionising insurance pricing strategies within the Spanish market.

Guardian Life Insurance Company of America® has announced the appointment of Steve Rullo, an esteemed digital and technology leader, to the role of Chief Digital and Technology Officer. 

Pekin Insurance, an Illinois-based multi-state property and casualty (P&C) insurer, has announced that it has implemented the Guidewire InsuranceSuite on Guidewire Cloud to power its core business.

Cake, a transactional marketplace tailored for independent insurance agents, has successfully concluded a pre-seed funding round, securing a $1.3m investment.

The CareVoice, a global leader in embedded health solutions, is delighted to announce the appointment of Simon Guest as Chief Commercial Officer and member of its Leadership team.

Actuaries, often dubbed as mathematical risk managers, play a pivotal role in the insurance industry. Their expertise in quantifying and managing risk is essential for insurers in a market where financial responsibility for potential negative outcomes is traded. However, determining the cost of this responsibility isn't a straightforward task; it involves estimating expected losses akin to manufacturing costs for tangible goods. Yet, setting a price demands more than just knowing costs; it requires calibrating profit margins to market realities and consumer behaviours. InsurTech Quantee delves into the intricate process, known as price optimisation.

Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round.