Akur8 is catalysing transformative change in insurance pricing, and Swedbank is leading the charge by embracing this state-of-the-art technology. Akur8’s platform revolutionizes the traditional process with a machine
Concirrus has introduced a groundbreaking AI-powered model for the marine insurance hull market, designed to enhance accuracy in risk evaluation and underwriting processes. Traditional approaches usually miss the
In today’s digital landscape, businesses face unprecedented cyber threats, driving the need for innovative insurance solutions. Resilience has risen to the challenge, revolutionizing Technology Errors & Omissions (E&O)
In today’s tech-driven world, businesses are increasingly dependent on artificial intelligence (AI) services, making disruptions a significant concern. Recognizing the potential operational and financial fallout from such service
The insurance sector stands on the cusp of a major shift driven by technological advancements. As they upgrade outdated systems and incorporate innovative tech, insurers are zeroing in
At Wefox, a major leadership change is taking place that could reshape the InsurTech landscape. Co-founder Julian Teicke is stepping away from his executive duties to become the
The American labor market is poised for transformation in 2024 with the Department of Labor’s (DOL) new rule reshaping the classification standards for workers. Effective from March 11,
Mosaic Insurance has positioned itself as a pioneer in the insurance landscape by launching an innovative primary technology errors and omissions (E&O) policy designed specifically for the technology
As businesses navigate the challenges of intricate insurance claims, CLARA Analytics has become a standout with its advanced AI-powered platform, CLARAty.ai. The platform’s rapid growth is a testament
CGI’s Elements360 ARC-IBA is revolutionizing the insurance sector by tackling the persistent inefficiencies in account reconciliation. It leverages artificial intelligence to streamline operations, reducing the time and costs
HSBC Life has made a historic mark in insurance by issuing the world’s most expensive life insurance policy, valued at a monumental $250 million. This unprecedented policy reflects
The InsurTech sector is revolutionizing the insurance industry with cutting-edge innovation. However, this advancement spells a greater necessity for robust cybersecurity measures. Protecting the technological infrastructure alone isn’t
