Plum’s PolicyGPT Sees Threefold Adoption; with 68% of Queries Now Being Handled Autonomously
- 1 year 4 months ago
- Artificial Intelligence, Insurtech
Plum, India’s leading insurtech platform offering group health insurance and business insurance solutions to over 3500+ corporations, has shared a report card of its proprietary PolicyGPT tool which was launched in April 2023.
LDC Makes Significant Investment in Uinsure to Support Ambitious Growth Strategy
- 1 year 5 months ago
- Insurtech, Investment
Private equity investor, LDC, has invested in the rapidly expanding insurtech business Uinsure, to support its ambitious growth strategy.
Bolttech Insurance Launches Mytravel, a Novel "Cancel for any Reason" Travel Coverage in Collaboration with Fwd's Online Insurance Platform
bolttech Insurance, the Hong Kong general insurance arm of international insurtech bolttech, has launched MyTravel, a comprehensive travel coverage plan for customers, their families, pets and belongings. The product is available exclusively through FWD's online insurance platform, a direct-to-customer platform providing a faster and smoother insurance experience.
Sapiens and Binah.ai Partner to Empower Global Life Insurers to Improve Risk Management with AI
- 1 year 5 months ago
- Insurtech, Risk Management
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, and Binah.ai, the number one health and wellness check software provider, today announced a partnership to empower more insurance companies worldwide to use client-provided health data for improved risk management and value-added services at reduced costs.
40 Experts Call on Insurers to Embrace Once-in-a-generation Opportunity to Transform – or Risk being Left Behind
- 1 year 5 months ago
- Insurtech
Findings from a new global thought leadership report published today by the no-code digital insurance platform provider, INSTANDA - Re-imagining the Digital Insurance Landscape: 10 Years from Now - highlights a once-in-a-generation opportunity to transform the industry. However, a new type of muscle is required to truly embrace what the Information Age has to offer as experts warn many insurers risk being left behind.
Allianz Partners Appointed by NatWest Group as Travel Insurance Provider
- 1 year 5 months ago
- Insurtech
Allianz Partners has been appointed by NatWest Group as a travel insurance provider to their packaged bank account customers. The partnership spans NatWest Group’s wider family of banking brands including NatWest, Royal Bank of Scotland, and Ulster Bank. Customers will have access to Allianz Partner’s travel insurance from February 2024.
North Star Mutual Deploys Kalepa's Copilot
- 1 year 5 months ago
- Insurtech
Insurtech leader Kalepa announced today that North Star Mutual Insurance Company has deployed Kalepa’s award-winning Copilot underwriting platform. North Star Mutual initially deployed Kalepa’s Copilot in June of 2023 to enhance their underwriting across property, liability, and umbrella lines of business. Since that time, underwriters have valued how Copilot’s risk analysis helps them write core business such as service risks, retail operations... more
Qover Enters £19Bn UK Motor Insurance Market
- 1 year 5 months ago
- Insurtech
Qover – a leading insurtech driven by a vision of creating a global safety net through insurance – announces the launch of its innovative motor insurance solution in the United Kingdom, which enables car manufacturers to provide digital insurance programs across Europe.
Oakbridge Insurance Expands In North Carolina With the Addition of The Insurance Center of Durham
- 1 year 6 months ago
- Insurtech
Oakbridge Insurance Agency LLC (Oakbridge), one of the largest independent insurance and risk management agencies in the United States, today announced a new partnership with The Insurance Center of Durham.
Nayms Launches the First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity
- 1 year 6 months ago
- Insurtech
Nayms is pleased to announce that it has launched on Base. Nayms is the world's leading blockchain-based marketplace for alternative risk transfer and capitalization. Base is a secure, low-cost, Ethereum layer-2 solution.
The Clear Group Selects AutoRek to Support Digital Transformation
- 1 year 6 months ago
- Insurtech
The Clear Group has selected leading software provider AutoRek to drive efficiency across its business by automating some key operational processes. This latest investment in technology and data is a key part of Clear’s growth strategy and will enhance the client journey.
Loggerhead Insurance, Powered by Socotra, Brings Much-Needed Capacity to Florida Homeowners Market
- 1 year 6 months ago
- Insurtech
Leading insurance core technology provider Socotra announced today that Loggerhead Insurance, a Florida-based provider of homeowners insurance coverage in the state, has struck a deal to offer replacement coverage to those who will be issued policy non-renewal notices by Progressive Home.
Leading Indonesia Fintech JULO Adds Insurance Inclusion to Financial Inclusion with JULO Cares
- 1 year 6 months ago
- Insurtech
JULO, a leading Indonesian peer-to-peer financial technology company, launched JULO Cares on December 15th, 2023, a first-in-market unique insurance cover embedded within the core JULO digital credit solution. This benefit launched under the JULO Cares platform provides ongoing device protection to users when they avail of JULO's digital credit.
Workplace Pension and Savings Fintech Cushon Announced as Latest Member of Association of British Insurers (ABI)
- 1 year 7 months ago
- Insurtech
Workplace c and savings fintech Cushon has become the latest member of the Association of British Insurers (ABI) during a pivotal period of pension reform including the Chancellor’s recent Autumn Statement announcement aimed at unlocking investment in high-growth companies and improving member outcomes.
Ripe Accelerates into Motorhomes and Campervans Market with Expanded Product Portfolio
- 1 year 7 months ago
- Insurtech
UK fintech and insurer, Ripe, has expanded its product portfolio with the launch of motorhomes and campervans insurance. Ripe, is using its proprietary technology and ‘build your own policy’ model to deliver quotes in less than 120 seconds, faster than the time it takes to go from 0-60 mph in your typical motorhome. With this new area of cover, Ripe is building on its success insuring static and touring caravans and the business now has over 350... more
