In an era where precision and efficiency define success in the insurance industry, a groundbreaking partnership between Sapiens International Corporation and Linqura is poised to reshape the landscape of commercial insurance underwriting. Sapiens, a global leader in intelligent SaaS-based software solutions, has joined forces with Linqura, a key player in sales and underwriting intelligence, to integrate cutting-edge tools into existing
What if insurance companies could slash process times by 80% while delivering unparalleled customer experiences? In an industry often bogged down by outdated systems and rising expectations, DXC Technology has stepped forward with a transformative solution that promises to revolutionize the way insurers operate. The recent launch of DXC Assure Smart Apps, a suite of AI-powered, workflow-driven applications, signals a
Nearly 1 in 5 individuals in the U.S. identify as neurodivergent, representing a significant yet often overlooked segment of the workforce with immense untapped potential for driving creativity and problem-solving. This statistic underscores a critical shift in perspective: neuroinclusion is no longer just about accommodation but is increasingly recognized as a strategic imperative for fostering innovation in modern workplaces. As
Imagine a world where insurance clients demand instant responses to their queries, yet the industry grapples with stringent regulatory constraints that make rapid communication a compliance nightmare, creating a challenging landscape for insurers. This is the reality facing insurers today, as client expectations for real-time engagement clash with the need for secure, auditable interactions. Enter Symphony, a technology platform originally
Overview of a Transformative Partnership Imagine a world where motor insurance claims are processed not in weeks or days, but in mere hours, with fraud detected before it even impacts the system, transforming the entire claims experience. This is the reality being shaped by innovative technologies in the insurtech space. The motor insurance industry has long grappled with inefficiencies, fraudulent
Imagine an insurance industry where launching a new product doesn’t take months of grueling technical work, but instead unfolds in mere weeks through simple conversations. This is no longer a distant vision but a reality brought forth by cutting-edge technology from Socotra, a leader in insurance core systems. Their latest innovation, Agentic Configuration AI, integrated into the Socotra Insurance Suite,
In an era where the insurance industry faces unprecedented disruption from digital transformation, one name stands out as a beacon of progress and ingenuity. Aravind Narayanan, Senior Manager of Strategic Projects in Insurance Modernization at a leading technology firm, has carved a remarkable path in redefining how insurers operate on a global scale. Based in New Jersey, his influence spans
Workplace harassment remains a pressing concern for employees across industries, but the situation becomes particularly complex when the perpetrator is not a colleague or manager, but a client or customer. Under Title VII of the Civil Rights Act of 1964, employers are responsible for ensuring a safe working environment, yet the boundaries of this duty become unclear when third parties
In a rapidly evolving insurance landscape where specialization and innovation are becoming paramount, Global Indemnity Group has made a bold move by launching its first reinsurance managing general agency (MGA) through its subsidiary, Penn-America Underwriters, LLC (PAU). This strategic step into the reinsurance sector signals a significant shift for the company, positioning it to address niche market demands with tailored
As we dive into the transformative world of insurance technology, I’m thrilled to sit down with Bobbie Shrivastav, CEO of Solvrays, and David Shaw, CEO of Penn River, to discuss their groundbreaking partnership. Solvrays is at the forefront of AI-powered workflow orchestration, while Penn River offers a cutting-edge, cloud-native platform for life and annuity policy administration. Together, they’re tackling persistent
Imagine a world where insurance brokers, once bogged down by cumbersome paperwork and outdated systems, can now process claims and serve clients with the speed and precision of a tech giant. This transformation is no longer a distant vision but a reality fueled by artificial intelligence (AI) in the insurance broking sector. The rapid integration of AI-driven solutions is revolutionizing
Imagine a small business owner watching their annual budget erode, not due to market fluctuations or declining sales, but because of an unseen force: the escalating cost of employee sick leave. Recent research reveals that long-term absences alone can cost employers a staggering $25,000 per worker annually, a figure that has sent shockwaves through boardrooms across the US. This growing
