Embedded Insurer Wakam Commits to UK Market With FCA and PRA Approvals
- 10 hours 22 min ago
- Insurtech
Wakam receives approval as a licensed and regulated insurer by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to support the launch of its new, UK subsidiary, Wakam UK Limited.
ePayPolicy Partners with US Premium Finance to Make Financing at Checkout Easier for Insurance Industry
- 1 day 5 hours ago
- Insurtech
ePayPolicy has partnered with US Premium Finance to make their premium financing solutions for insurance companies easier to access for the industry.
TransUnion UK Partners with Percayso to Expand Access to Customer Insights
- 4 days 9 hours ago
- Insurtech
Global information and insights company TransUnion, has announced its new partnership with insurance data intelligence provider Percayso Inform, to distribute TransUnion’s TrueVision credit data to insurers, managing general agents (MGAs) and brokers through Percayso’s API.
Sapiens Unveils Enhanced Reinsurance and Analytics Solution Catering to Evolving Market Demands
- 5 days 6 hours ago
- Insurtech
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, today announced the launch of its latest version of Sapiens ReinsuranceMaster.
Swisscom Sure: a New Approach to Insurance
- 5 days 6 hours ago
- Insurtech
Swisscom’s Easy Cyber Insurance and the Easy Protection extended guarantee for devices have been available to customers for many years. Swisscom has now joined forces with top insurance partners to offer a wider range of insurance products under the brand name ‘sure’. “The aim behind the move is to meet customer demand for straightforward, digital solutions in the insurance sector”, explains Dirk Wierzbitzki, Head of Residential Customers at... more
Swiss Re Launches Swiss Re Life Guide Scout, a Generative AI-powered Underwriting Assistant
- 1 week 1 day ago
- Insurtech
Swiss Re launches an augmented version of its Life & Health underwriting manual Life Guide. The new version comes equipped with Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant, developed by Swiss Re, that integrates Microsoft Azure OpenAI Service. Swiss Re Life Guide Scout aims to help increase the efficiency and quality of underwriting by generating swift answers compiled from curated expert knowledge in response... more
Insurance Leaders Optimistic About AI’s Impact on Underwriting Quality and Fraud Reduction but Underwriter Confidence Lags
- 1 week 6 days ago
- Insurtech
The Capgemini Research Institute’s World Property and Casualty Insurance Report 2024, published today, reveals the underwriting capabilities of insurers are being restricted by organizational constraints.
FloodFlash Launches New Business Interruption Coverage Ahead of Hurricane Season
- 2 weeks 1 day ago
- Insurtech
Ahead of the 2024 Atlantic hurricane season, FloodFlash, the first insurance technology company to offer sensor-enabled parametric flood insurance, is launching a product to support business interruption (BI) coverage in the United States. With a widely predicted hyperactive hurricane season, many experts anticipate huge losses from property damage and BI that could devastate businesses and communities for months on end.
Genesis Launches Credit Insurance Application
- 2 weeks 5 days ago
- Insurtech
Genesis Global launched a new solution to automate bank processes for offsetting credit risk in lending and financing businesses.
Data-Driven Marine Insurance Sails Forward Following Cytora and TradeAtlas Team Up
- 3 weeks 10 hours ago
- Insurtech
Cytora, the leading digital risk processing platform, has partnered with global trade data company TradeAtlas. The partnership will enable marine insurers to leverage a huge range of import and export information to make faster and more accurate risk decisions.
Verisk Pioneers New Approach to Catastrophe Risk with Release of Next Generation Models
- 3 weeks 1 day ago
- Insurtech
Verisk, a leading global data analytics and technology provider, has announced a monumental leap forward in global catastrophe modeling and risk analysis with the launch of Verisk's Next Generation Models (NGM). This suite of 100+ models will be implemented by insurers and reinsurers to evaluate risk across the globe with a new financial modeling framework designed to reflect anticipated insured losses from extreme events more accurately than... more
Cytora Engaged by Chubb to Enhance Claims Automation
- 3 weeks 6 days ago
- Insurtech
Insurtech Cytora announced that the company has been engaged by Chubb, a world leader in insurance, to automate claims document processing. Cytora is a pioneer of Generative AI applied to insurance workflows that digitize insurance workflows at unparalleled levels of performance, configurability and scalability across the enterprise.
Insurtech Qover Forges Partnership with Rewards Credit Card Yonder
- 1 month 5 days ago
- Insurtech
Qover, insurtech leader in embedded insurance orchestration, announces its partnership with UK-based credit card fintech Yonder, offering its members a seamless and comprehensive travel insurance experience.
Clearcover Launches Generative AI Insurance Tool to Expedite Claims Processing and Improve Customer Experience
- 1 month 6 days ago
- Insurtech
Clearcover, a next-generation car insurance company, announces the launch of its revolutionary generative AI solution that further digitizes statement collection, significantly streamlining the insurance claims process and customer experience.
Chubb and Atome Announce Regional Partnership to Drive Consumer Protection Across Southeast Asia
- 1 month 1 week ago
- Insurtech
Chubb, a world leader in insurance, and Atome, one of Southeast Asia's leading digital financial services platforms, today announced a regional partnership to help drive consumer protection across Southeast Asia. The partnership will enable both companies to co-create a range of insurance products available to Atome's customers in Singapore, Malaysia, the Philippines and Indonesia.
