PhonePe Launches Pre-Approved Term Life Insurance
- 1 year 7 months ago
- Insurtech
PhonePe, today announced the launch of a ‘pre-approved term life insurance’ feature on its platform. The feature aims to make insurance coverage more accessible and affordable for millions of Indians by waiving the requirement for proof of income at the time of policy purchase.
Cytora And Xapien Partner To Bring Rapid, Automated Due Diligence To Commercial Insurers
- 1 year 7 months ago
- Insurtech
Cytora, the leading digital risk processing platform, has partnered with AI-powered due diligence company Xapien.
Wefox Exits German Market with Two Successful Transactions
- 1 year 7 months ago
- Insurtech
As announced in June, wefox has continued to implement its exit from the German insurance market as part of the refocusing of its portfolio on profitable market positions of critical size.
Insurtech UK Launches New Advisory Panel to Strengthen UK Insurtech Sector
- 1 year 7 months 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 year 7 months 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 year 7 months 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 year 7 months 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 year 7 months 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
- 1 year 8 months 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
- 1 year 8 months 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
- 1 year 8 months 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
- 1 year 8 months 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 year 8 months 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 year 8 months 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 year 9 months 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.
