The insurance industry is undergoing a seismic change, driven by the proliferation of artificial intelligence. As insurers strive to meet evolving consumer demands and operational efficiencies, AI emerges as a key player in transforming age-old practices. With AI’s ability to
The insurance industry is undergoing a seismic change, driven by the proliferation of artificial intelligence. As insurers strive to meet evolving consumer demands and operational efficiencies, AI emerges as a key player in transforming age-old practices. With AI’s ability to
In a significant stride within the InsurTech industry, Quandri, a Canadian startup, has carved out a remarkable journey, spotlighted by a $12 million Series A funding announcement. This accomplishment underscores Quandri’s commitment to transforming the insurance sector through advanced AI
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The landscape of car insurance is evolving, moving away from traditional methods that rely on broad demographic factors such as age, gender, and driving history. This change is ushered in by the advent of telematics-based auto insurance, which utilizes data
Guaranteed Asset Protection (GAP) insurance, designed to cover the financial gap between the amount an insurance company pays out when a car is written off and the amount the buyer still owes, has become a contentious issue between the Financial
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The landscape of car insurance is evolving, moving away from traditional methods that rely on broad demographic factors such as age, gender, and driving history. This change is ushered in by the advent of telematics-based auto insurance, which utilizes data
The appointment of Sylvester Mathis as Chief Revenue Officer at Insurity marks a significant milestone for the company known for its cloud-based insurance software solutions. With nearly two decades of service at Insurity and more than 35 years in the
The insurance industry has long been associated with slow processes and inefficiencies, particularly in the area of claims management. However, the advent of Robotic Process Automation (RPA) and Artificial Intelligence (AI) is revolutionizing this sector. These technologies are bringing substantial
In an era where technology is revolutionizing every industry, the insurance sector is embracing significant digital transformation. This digital shift is making the process of protecting valuable assets more efficient and accessible for consumers. Gone are the days when purchasing
The insurance industry is witnessing a significant transformation driven by the integration of advanced technology, commonly referred to as insurtech. This fusion of insurance and technology is not only reshaping the landscape of health insurance but also rendering it more
Guaranteed Asset Protection (GAP) insurance, designed to cover the financial gap between the amount an insurance company pays out when a car is written off and the amount the buyer still owes, has become a contentious issue between the Financial
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