Tag: insurtech

Ebix, a global supplier of on-demand software and e-commerce services across the insurance, financial, and healthcare sectors, has emerged from Chapter 11 bankruptcy.

Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Hexaware to help insurers improve their underwriting efficiency.

Earnix, an AI-driven pricing and analytics platform, has partnered with Co-operators General Insurance Company to streamline homeowners’ insurance pricing.

Otto, an AI-powered startup focused on business travel, has raised $6m in a seed funding round.

In today’s rapidly changing insurance sector, the focus on managing the human side of risk has never been more important. Insurance now extends beyond policies and claims—it is about fostering a culture of safety, building long-term trust, and enhancing collaboration between insurers and their clients. A well-structured service plan that tackles these human elements can create significant benefits for both insurers and insureds, leading to a win-win scenario.

In clinical trials, where innovation often hinges on participant involvement, many studies are facing challenges in attracting and retaining enough participants. One key factor behind this difficulty is the trial's communication process. The traditional methods often leave patients frustrated, causing dropout rates to soar. However, a shift is underway, driven by artificial intelligence (AI) and automation, as customer experience automation company Ushur explains.

IAT Insurance Group, a specialty property and casualty insurance carrier, has chosen CLARA Analytics, a leading AI-based claims solutions provider, to implement its Claims Document Intelligence Pro (Claims DocIntel Pro) platform.

Active insurance provider Coalition, which focuses on cyber insurance and risk management, has appointed Fiona McMartin as an associate underwriter in its London office.

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has launched the latest version of its Sapiens CoreSuite for Property & Casualty, specifically for the North American insurance market.

Key US InsurTech investment stats in Q2 2024: US InsurTech funding dropped by 67% YoY during the second quarter The average deal size completed...