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InsurTech

AI in Insurance: Peppercorn and Aurum Solutions Pioneer Automated Reconciliations
FinTech Insurance
AI in Insurance: Peppercorn and Aurum Solutions Pioneer Automated Reconciliations

Peppercorn, the world’s first Conversational AI platform built specifically for the insurance industry, has chosen Aurum Solutions, a leading provider of next-generation reconciliation software, to automate their reconciliation processes. This strategic partnership between Peppercorn and Aurum Solutions aims to streamline operations, reduce errors, and facilitate scalability for the fast-growing insurtech company. Aurum Solutions For over two decades, Aurum Solutions has

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Revolutionizing Customer Service: An In-depth Look into Ushur’s Customer Experience Automation Platform
FinTech Insurance
Revolutionizing Customer Service: An In-depth Look into Ushur’s Customer Experience Automation Platform

In today’s digital age, automation and AI-powered platforms have revolutionized various industries, including insurance. Customer Experience Automation (CXA) is one such innovative solution that streamlines and automates interactions between insurance providers and their customers. This article will explore the manifold benefits of CXA for insurance providers, highlighting how it improves communication rates, enables seamless experiences through Ushur’s InvisibleApp, facilitates efficient

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Judge Decides Plaintiff Was Not an Employee at the Time of Injury: Appeals Panel Upholds Decision
Employment Law
Judge Decides Plaintiff Was Not an Employee at the Time of Injury: Appeals Panel Upholds Decision

In a recent case involving a workplace injury, a judge has determined that the plaintiff was not an employee at the time of the incident. This decision has been upheld by the appeals panel, leaving the plaintiff with limited options for seeking compensation. Let’s delve into the details of this case and explore the implications for both the plaintiff and

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Pioneering Insurtech Collaboration: Bold Penguin and NEXT Insurance Enhance Coverage Options for Small Businesses
FinTech Insurance
Pioneering Insurtech Collaboration: Bold Penguin and NEXT Insurance Enhance Coverage Options for Small Businesses

In a strategic move to enhance coverage options for small businesses, insurance technology provider Bold Penguin has announced a partnership with NEXT Insurance. The collaboration aims to provide a comprehensive suite of insurance products to users of the Bold Penguin Terminal, making it easier and more efficient for small business owners to protect their ventures. Access to NEXT Insurance’s general

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Revolutionizing Insurance Customer Service: A Deep Dive into Glia and Insurity’s Groundbreaking Partnership
FinTech Insurance
Revolutionizing Insurance Customer Service: A Deep Dive into Glia and Insurity’s Groundbreaking Partnership

In a move to enhance customer experience and streamline business operations, industry leaders Glia and Insurity have joined forces to create a powerful partnership within the insurance industry. By integrating Glia’s Customer Interaction Platform into Insurity’s solution, the companies aim to improve customer and agent relationships, reduce servicing costs, and provide a competitive edge for insurance providers. Insurity’s Inclusion of

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Partners Life Pioneers Digital Transformation in New Zealand’s Insurtech Sector: The Launch of Medical Claims on the FINEOS Platform
FinTech Insurance
Partners Life Pioneers Digital Transformation in New Zealand’s Insurtech Sector: The Launch of Medical Claims on the FINEOS Platform

Partners Life, one of the leading private life and health insurance companies in New Zealand, has recently achieved a significant milestone by successfully launching medical claims on the FINEOS Platform. This cloud-native and purpose-built platform enables Partners Life to revolutionize claims processing, enhance customer experience, and minimize claims leakage for its base of 300,000 Kiwis. Background on Partners Life In

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Qover Secures Full FCA Authorization: A Major Leap in Embedded Insurance Orchestration
FinTech Insurance
Qover Secures Full FCA Authorization: A Major Leap in Embedded Insurance Orchestration

Qover, a leader in embedded insurance orchestration, is celebrating a significant milestone in its journey as it secures full authorization from the Financial Conduct Authority (FCA). This achievement holds particular importance as it comes after seven years of successful operation in the UK and marks Qover’s continued growth trajectory across Europe, following Brexit. With uncertainties surrounding Brexit, obtaining FCA authorization

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Onsurity’s Groundbreaking Cyber Insurance: Crucial Coverage for India’s SMEs Amid Rising Cyber Threats
FinTech Insurance
Onsurity’s Groundbreaking Cyber Insurance: Crucial Coverage for India’s SMEs Amid Rising Cyber Threats

With an escalating number of cybersecurity incidents in India – reporting a staggering 13.91 lakh incidents in 2022 – the urgency for effective cyber insurance solutions has surged. SMEs, irrespective of their digital proficiency, now find cyber insurance indispensable. In response to this growing need, Onsurity has launched a Cyber Insurance product specifically designed to provide SME businesses with robust

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State Farm Improves Accident Assistance: A Look at the Drive Safe & Save App’s New Crash Detection Feature
FinTech Insurance
State Farm Improves Accident Assistance: A Look at the Drive Safe & Save App’s New Crash Detection Feature

State Farm, one of the leading insurance companies in the United States, has followed in the footsteps of USAA by incorporating crash detection capabilities into its mobile application. This move aims to enhance the claims process and provide greater assistance to customers during emergencies. State Farm recently launched its new Accident Assistance feature, initially rolling it out to customers located

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Rising Titans: A 2022 Deep-Dive into Latin America’s Dynamic Insurance Market
FinTech Insurance
Rising Titans: A 2022 Deep-Dive into Latin America’s Dynamic Insurance Market

The MAPFRE Group, a leading international insurance group, continues to dominate the Latin American insurance market with remarkable growth. Operating in various countries within the region, the company has achieved significant milestones in both the Non-Life and Life insurance segments, contributing to its overall success. In this comprehensive article, we will explore the key factors driving MAPFRE’s success, including the

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BlueVine Breaks Industry Standards with $3M FDIC Insurance Coverage for Small Businesses
FinTech Insurance
BlueVine Breaks Industry Standards with $3M FDIC Insurance Coverage for Small Businesses

Bluevine, a leading provider of online banking solutions for small businesses, has recently made an exciting announcement regarding its expanded FDIC insurance coverage. This development aims to offer greater security and convenience to business owners, allowing them to focus on their operations without worrying about the safety of their funds. Let’s delve into the details of this new offering and

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Novidea Joins WSIA: Strengthening the Wholesale and Specialty Insurance Sector
FinTech Insurance
Novidea Joins WSIA: Strengthening the Wholesale and Specialty Insurance Sector

Novidea, a leading technology provider for the insurance industry, has recently announced its membership in the Wholesale and Specialty Insurance Association (WSIA), a non-profit organization dedicated to the development and enhancement of the wholesale and specialty insurance distribution system. This significant step reaffirms Novidea’s commitment to supporting the growth and success of the wholesale and specialty insurance sector. In this

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