Insurtech UK Launches New Advisory Panel to Strengthen UK Insurtech Sector
- 16 hours 57 min ago
- Insurtech
Insurtech UK today launches a new Advisory Panel convening senior leaders from across the insurance industry to progress strategic priorities for the future growth of UK insurtech.
Selective Insurance Employs One Inc’s ClaimsPay® Solution
- 1 week 14 hours ago
- Insurtech
One Inc, the leading digital payments network for the insurance industry, announced today that Selective Insurance, a leading business, home, and auto insurer, has selected One Inc's ClaimsPay® digital payment solution.
Lemonade's 2024 Giveback Donates Over $2 Million to Customer-Chosen Organizations in its Eighth Year
- 1 week 14 hours ago
- Insurtech
Lemonade, the digital insurance company driven by AI and social impact, announced its 2024 Giveback, marking the eighth consecutive year of giving back to dozens of local and global charities chosen by customers.
Ushur Launches Prebuilt Onboarding Automation Solution for Group and Worksite Benefits Companies
- 1 week 2 days ago
- Insurtech
Ushur, the leader in AI-powered Customer Experience Automation™ (CXA), today announced its prebuilt AI-powered automation solution to slash turnaround time and improve onboarding communications for insurance carriers, health plans and financial services companies.
Cytora to Enhance Risk Assessment Capabilities with Gamma Risk Partnership
- 1 week 2 days ago
- Insurtech
Cytora, a leading digital risk processing platform, has announced a strategic partnership with Gamma Risk, a global provider of location intelligence systems and services, aimed at revolutionizing commercial property risk assessment for insurers.
Verisk Launches First-of-its-Kind Insurance Index to Better Inform Pricing Decisions
- 2 weeks 10 hours ago
- Insurtech
The insurance industry exceeded loss ratio levels that have not been seen in nearly 20 years, with an estimated $21.2 billion reported in underwriting losses in 2023. To help insurers, Verisk a leading global data analytics and technology provider, has launched its ISO Experience Index, an innovative tool designed to modernize how actuaries in the insurance industry analyze risk patterns.
AutoRek to Transform Insurance Firms’ Premium Processing by Joining Forces with J.P. Morgan Payments
- 3 weeks 2 days ago
- Insurtech
AutoRek, a leading insurtech that streamlines premium processing operations within insurance firms, today announced that it has joined forces with J.P. Morgan Payments to help insurance firms overcome data complexities and present new market opportunities.
Allica Bank Partners with Westcor International to Launch Title Indemnity Insurance and Cut Application Times
- 3 weeks 4 days ago
- Insurtech
Allica Bank has partnered with leading title insurance provider Westcor International to introduce their Perfect Title insurance product across its commercial mortgage range from 1st July 2024. The move will help to significantly reduce lending times for new property purchases up to a maximum value of £1.5 million with an LTV of up to 60%. It will also apply to any refinance application, regardless of loan amount or LTV.
Bondaval Releases Trade Credit Policy That Delivers Greater Certainty Over Credit Risk Cover, Without the Admin Burden
- 4 weeks 10 hours ago
- Insurtech
Bondaval, a leading insurtech offering payment default protection powered by technology, is launching its first trade credit insurance product. With the help of intelligent tools and guidance built into the Bondaval platform, users are equipped to effortlessly manage their policy obligations, understand what actions they need to take, and achieve greater certainty over their cover.
Cytora Joins Forces with ChAI to Help Insurers Navigate Market Volatility
- 1 month 6 days ago
- Insurtech
Cytora, the leading digital risk processing platform, has partnered with ChAI, an AI-powered raw material market intelligence and commodity pricing forecaster.
Sapiens Launches Its Next-Gen Intelligent Insurance Platform
- 1 month 1 week ago
- Insurtech
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, today launched its AI-powered, open, integrated, cloud-native platform.
Insurance Broker Howden Selects AutoRek to Drive Digital Transformation Across Key Back-Office Processes
- 1 month 4 weeks ago
- Insurtech
Global insurance intermediary group Howden has selected leading software provider AutoRek to boost the efficiency of key back-office processes through intelligent automation.
Earnix Highlights the Potential of Synthetic Data in Specialty Insurance
- 2 months 3 days ago
- Insurtech
Earnix, the leading global provider of AI-based SaaS solutions for financial services, today releases a high-level report highlighting the transformative potential of synthetic data to accelerate profitable growth and risk understanding in the context of the unique specialty London insurance market.
Cover Whale Announces $27.5 Million Investment by Morgan Stanley Expansion Capital
- 2 months 3 days ago
- Insurtech
Cover Whale Insurance Solutions, Inc., a leading insurtech specializing in connected insurance for commercial auto, today announced funding of $27.5 million in debt and equity from investment funds managed by Morgan Stanley Expansion Capital. The funding round, which also had existing debt investors convert into the Series A preferred, will support Cover Whale's continued growth and accelerate its progress toward transforming trucking insurance... more
Cytora Launches Self-Service Digital Risk Processing Training Platform for Insurance Industry
- 2 months 4 days ago
- Insurtech
Cytora, the leading digital risk processing platform, has launched the Risk Flow Academy, a selr-service digital learning platform designed specifically for commercial insurance professionals. This innovative initiative is the first comprehensive training resource focused on digital risk processing for the industry.
