Industry News

Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 

Key US RegTech investment stats in Q2 2024: US RegTech investments grew by 15% as larger deals increase due to increasing regulatory complexity and...

As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

Experian, a global leader in consumer and business credit reporting and marketing services, has teamed up with Oakbrook, a prominent non-bank provider of consumer lending solutions.

Quod Orbis, a Continuous Controls Monitoring (CCM) firm based in London, has announced a strategic partnership with Archer, a global pioneer in integrated risk management.