FinTech Insurance
- FinTech Insurance
Artificial intelligence (AI) is rapidly becoming a cornerstone in reshaping the property and casualty (P&C) insurance industry, particularly in claims processing, where outdated systems and rising customer expectations often clash. With claims representing a significant portion of an insurer’s financial
- FinTech Insurance
Artificial intelligence (AI) is rapidly becoming a cornerstone in reshaping the property and casualty (P&C) insurance industry, particularly in claims processing, where outdated systems and rising customer expectations often clash. With claims representing a significant portion of an insurer’s financial
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- FinTech Insurance
How often do insurance customers abandon a payment process due to clunky systems or endless paperwork? In a digital age where a single click can order groceries or book a flight, the insurance industry lags behind with outdated billing methods,
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- FinTech Insurance
In recent years, the directors and officers (D&O) insurance market has experienced substantial shifts, marked by significant profitability driven by strategic rate increases from 2019 to 2022. Despite these favorable outcomes, the sector now faces evolving risks and regulatory changes
- FinTech Insurance
In today’s world where climate change has become an undeniable reality, the need for efficient and transparent disaster risk finance systems has never been more urgent. Traditional insurance methods found themselves battling inefficiencies, slow payouts, and lack of transparency, especially
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- FinTech Insurance
In recent years, the directors and officers (D&O) insurance market has experienced substantial shifts, marked by significant profitability driven by strategic rate increases from 2019 to 2022. Despite these favorable outcomes, the sector now faces evolving risks and regulatory changes
- FinTech Insurance
Munich Re’s recent acquisition of NEXT Insurance for $2.6 billion in cash has created a substantial stir within the insurance industry. The deal, finalized on March 19, marked a significant milestone for both companies as NEXT Insurance becomes a part
- FinTech Insurance
In a significant move aimed at enhancing the efficiency of technology implementations within the insurance sector, Insurity, a leading provider of cloud-based software solutions, has formed a partnership with OIP Insurtech. This collaboration is set to bring substantial benefits to
- FinTech Insurance
As artificial intelligence (AI) continues to permeate various sectors, the insurance industry is witnessing a notable transformation. For instance, 77% of insurers are now integrating AI into their processes, a significant increase from just a few years ago. However, despite
- FinTech Insurance
The property insurance market faces significant challenges, both from rising reinsurance costs and the increasing frequency of natural disasters. InsurTech startup ResiQuant has recognized these issues and is leveraging artificial intelligence to transform how property risk is assessed and managed.
- FinTech Insurance
In today’s world where climate change has become an undeniable reality, the need for efficient and transparent disaster risk finance systems has never been more urgent. Traditional insurance methods found themselves battling inefficiencies, slow payouts, and lack of transparency, especially
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