Tag: Insurance

Nirvana Insurance selects Ascend to enhance direct bill processing capabilities

Nirvana Insurance has selected Ascend, a financial operations automation platform, to enhance and expand its direct bill processing capabilities. 

Porch receives $25m by securing strategic business collaboration with Aon

Porch Group, Inc. has received $25m following its entry into a strategic business collaboration agreement with Aon.

Python in insurance: Paving the way for actuaries and insurers

The insurance sector, traditionally slow in embracing modernisation, is progressively adopting programming languages to refine workflows and bolster decision-making capabilities. Among these, Python has...

UK InsurTech funding defies global trends

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.

Amazon slams doors on UK Insurance Store after only 15 months

Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.

75% of insurance organisations set to replace core insurance management platforms...

75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea. 

Lloyd’s Market Association unveils core priorities for 2024

The Lloyd’s Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year.

Coalition boosts cyber-defence arsenal with new hire

Coalition, a global cybersecurity firm, has bolstered its cyber-defence arsenal with the appointment of a new incident response lead for the UK. Former acting Sergeant...

Lemonade announces extension of CAC financing agreement with General Catalyst

Lemonade and General Catalyst (GC) – AKA ‘Synthetic Agents’ – have announced the extension and expansion of their financing relationship, solidifying their partnership goal to fuel Lemonade’s...

AI’s role in shaping the future of healthcare

The healthcare sector is experiencing a significant transformation, with interactive digital channels at the heart of plans to improve the well-being of patients. With the CDC reporting that over 90% of the $4.1tn US healthcare costs are associated with chronic and mental health issues, there is a clear need for innovative solutions, as customer experience experts Ushur discuss. 

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