In a rapidly evolving financial landscape, digital innovation continues to transform how everyday services are accessed, especially in bustling markets like Hong Kong, where consumer demands for speed and simplicity are ever-growing. Mox, a pioneering digital financial services provider, has
In a rapidly evolving financial landscape, digital innovation continues to transform how everyday services are accessed, especially in bustling markets like Hong Kong, where consumer demands for speed and simplicity are ever-growing. Mox, a pioneering digital financial services provider, has
The global insurance industry is witnessing a transformative event with the Zurich Innovation Championship, which is emerging as a beacon of innovation. This championship, centered on Agentic AI, is reshaping the insurance landscape through collaboration between Zurich’s teams, startups, and
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The state of global insurtech funding by the end of the third quarter of 2024 reveals a nuanced picture of growth, challenges, and opportunities in the insurance technology landscape. Insurtech, which refers to employing innovative technology to enhance and disrupt
Delos Insurance Solutions, a specialized property insurance MGA based in San Francisco, has successfully secured a significant $9 million in a Series A funding round aimed at addressing wildfire risk, particularly in high-risk areas. Leading the funding initiative was HSBC
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The state of global insurtech funding by the end of the third quarter of 2024 reveals a nuanced picture of growth, challenges, and opportunities in the insurance technology landscape. Insurtech, which refers to employing innovative technology to enhance and disrupt
In a significant strategic shift, Swiss Re, a global reinsurance giant, has announced the sale of its iptiQ European Property & Casualty (P&C) business to Allianz Direct, the digital division of Allianz Group. This decision is part of Swiss Re’s
Insurers in the UK, Poland, and Greece are shifting away from transparent pricing models in favor of advanced, less transparent pricing strategies to enhance their financial performance. By adopting sophisticated tools like machine learning and price optimization algorithms, insurers aim
The 2024 Earnix Industry Trends Report reveals that, despite an ambitious plan by 70% of insurers to deploy predictive AI models within the next two years, fewer than 30% have managed to fully implement AI technologies to date, reflecting the
SchemeServe, a UK-based cloud provider of insurance software, has formed a groundbreaking data partnership with Addresscloud. This collaboration aims to advance data-driven decision-making for insurers by enhancing their ability to deliver precise, data-backed premiums for individual properties. The core goal
Delos Insurance Solutions, a specialized property insurance MGA based in San Francisco, has successfully secured a significant $9 million in a Series A funding round aimed at addressing wildfire risk, particularly in high-risk areas. Leading the funding initiative was HSBC
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