An industry perpetually seeking stability now stands at the crossroads of digital transformation. The life insurance sector faces mounting challenges as slow adaptation threatens to leave vital operations stranded in an obsolete era. Reports indicate that less than 30% of
An industry perpetually seeking stability now stands at the crossroads of digital transformation. The life insurance sector faces mounting challenges as slow adaptation threatens to leave vital operations stranded in an obsolete era. Reports indicate that less than 30% of
Natural disasters wreak havoc on communities and pose significant challenges to the insurance industry. Historically, processing claims in the aftermath of such events has been a slow and laborious task, often creating bottlenecks and frustrations for insurers and policyholders alike.
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In Florida, which boasts the largest boating community globally, the marine insurance landscape has long been challenging due to fragmented services and increasingly stringent coverage requirements. Ahoy! Insurance, a tech-driven provider founded by boaters, brings a breath of fresh air
With innovative expansion and a commitment to providing insightful economic research, MAPFRE Economics, the research arm of Spanish insurance company MAPFRE, has been selected to participate in the European Central Bank’s (ECB) Survey of Monetary Analysts (SMA). This significant inclusion
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In Florida, which boasts the largest boating community globally, the marine insurance landscape has long been challenging due to fragmented services and increasingly stringent coverage requirements. Ahoy! Insurance, a tech-driven provider founded by boaters, brings a breath of fresh air
In a significant move for the InsurTech landscape, San Diego-based company XILO has just secured $7.2 million in a Series A funding round. Powered by investments from Altos Ventures, Cove Fund, Navigate Ventures LLC, New Stack Ventures, and Splash Capital,
Markel Group Inc. has recently transitioned its Guidewire ClaimCenter from an on-premise system to the Guidewire Cloud, marking a significant step in its digital transformation journey. This strategic move aims to enhance efficiency, scalability, and system performance within Markel’s U.S.
The insurance industry is witnessing a profound transformation driven by the integration of artificial intelligence (AI) and no-code technology. In a world where operational efficiency and customer satisfaction are paramount, the recent strategic partnership between Qantev, a leading AI-powered claims
Running a taxi business involves much more than just owning a reliable vehicle and having knowledge of local traffic rules, as it demands robust planning and investment in various aspects. One critical area that merits attention is taxi insurance, an
With innovative expansion and a commitment to providing insightful economic research, MAPFRE Economics, the research arm of Spanish insurance company MAPFRE, has been selected to participate in the European Central Bank’s (ECB) Survey of Monetary Analysts (SMA). This significant inclusion
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