Charles Taylor launches hub to drive value in insurance chain

Charles Taylor, a provider of claims solutions and technology to the global insurance market, has launched ‘InHub’ to help the insurance value chain deliver better results.

InHub is a cloud-based SaaS capability hub designed to deliver a “connected experience for the insurance market and their customers.”

Charles Taylor said InHub brings together a suite of insurance SaaS solutions into a secure, cloud-native ecosystem. It unites all of Charles Taylor InsureTech’s established products that support digital capabilities across the insurance lifecycle and value chain in: digital journey creation, B2B and B2C distribution, policy administation and broking, claims optimisation, AI Fraud Prevention, Data Acceleration, Borderueax and Distributed Data Management, reinsurance management and authorities governance.

The company said the hub will allow insurance organisations to reduce the cost of their IT landscape by evolving rather than replacing legacy systems alongside integrating technology and launching new products in days rather than months.

In addition, Charles Taylor said it can ‘futureproof’ a clients technology stack by migrating it to their managed cloud environment with no impact on their day-to-day operations.

Arjun Ramdas, chief executive officer of Charles Taylor InsureTech, said, “InHub gives our insurance clients the tools to launch products faster, serve customers better and leverage data to make smarter strategic decisions. Our technology is rooted in deep experience of the insurance industry and understanding of the operational issues our clients need to solve.

“By combining our insurance understanding and knowledge, built up over the last 100 years, and our new technology and ecosystem approach, InHub gives our customers something truly different from anything else on the market.”

Seyna, an insurance platform on a mission to “build the insurance platform that helps humanity take risks and move forward,” recently raised €33m in a Series A round led by WhiteStar Capital and Elaia Capital. The company said it is a platform helping insurance brokers better protect customers and grow their business.

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