Consumer Platforms

OneShield and Coforge unite to revolutionise the insurance technology space

OneShield and Coforge unite to revolutionise the insurance technology space

OneShield, a pioneer in core systems for the insurance industry, has recently announced a strategic partnership with Coforge, a leading global provider of digital services and solutions.
Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.

Stephen Pike to head new credit insurance venture backed by Investor Beat Capital Partners

Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.
As the landscape of the insurance industry undergoes a profound transformation, driven by technological advancements, shifting societal values, and evolving consumer preferences, incumbents are grappling with the imperative to redefine their approach to customer engagement. Today's insurance customers demand more than just protection; they seek slick and efficient operations, that are personalised and tailored to their exact needs. 

How evolving customer expectations will change insurance

As the landscape of the insurance industry undergoes a profound transformation, driven by technological advancements, shifting societal values, and evolving consumer preferences, incumbents are grappling with the imperative to redefine their approach to customer engagement. Today's insurance customers demand more than just protection; they seek slick and efficient operations, that are personalised and tailored to their exact needs. 
The insurance industry is undergoing a transformative shift, propelled by the integration of Artificial Intelligence (AI). As insurers grapple with increasingly complex claims and rising customer expectations, AI has emerged as a potent tool to streamline processes, enhance accuracy, and elevate customer satisfaction levels. However, amidst the plethora of AI solutions available, selecting the right option for claims management is not a simple task, as the AI automation platform Simplifai explains.

How to choose the best AI solution for claims management

The insurance industry is undergoing a transformative shift, propelled by the integration of Artificial Intelligence (AI). As insurers grapple with increasingly complex claims and rising customer expectations, AI has emerged as a potent tool to streamline processes, enhance accuracy, and elevate customer satisfaction levels. However, amidst the plethora of AI solutions available, selecting the right option for claims management is not a simple task, as AI automation platform Simplifai explains.
The CareVoice, a global leader in embedded health solutions, is delighted to announce the appointment of Simon Guest as Chief Commercial Officer and member of its Leadership team.

CareVoice welcomes new CCO to drive insurance partnerships

The CareVoice, a global leader in embedded health solutions, is delighted to announce the appointment of Simon Guest as Chief Commercial Officer and member of its Leadership team.
Within the realms of specialty and commercial insurance, there's a heightened focus on precision. These particular markets demand more than just the usual numerical analysis when it comes to policy pricing. For them, pricing is not only a combination of art and science but also a strategic influencer. As the world embraces digital advancements, those who manage to break free from traditional practices dominate the industry.

The digital transformation of specialty pricing: A deep dive with Hyperexponential

Within the realms of specialty and commercial insurance, there's a heightened focus on precision. These particular markets demand more than just the usual numerical analysis when it comes to policy pricing. For them, pricing is not only a combination of art and science but also a strategic influencer. As the world embraces digital advancements, those who manage to break free from traditional practices dominate the industry.
Does insurance need to foster greater engagement with consumers?

Does insurance need to foster greater engagement with consumers?

Go to any FinTech event and it is instantly clear that customer engagement is a major priority for most companies. Given its significance, are insurance firms doing enough or should they be doing more?
Inigo and hyperexponential form partnership to turbocharge insurance pricing

Inigo and hyperexponential form partnership to turbocharge insurance pricing

Inigo Insurance, an expeditiously expanding Lloyd’s syndicate specialising in high-risk, high-capacity insurance and reinsurance lines, has announced a partnership with hyperexponential (hx), the creators of the Renew platform. hx is renowned for its platform, which has been widely adopted by several fast-growing specialty (re)insurers and MGAs.
KYND Limited, a prominent figure in cyber risk management, has announced a strategic partnership with Probitas 1492, a leading Lloyd’s of London underwriting syndicate.

KYND teams up with Probitas 1492 to enhance underwriting capabilities

KYND Limited, a prominent figure in cyber risk management, has announced a strategic partnership with Probitas 1492, a leading Lloyd’s of London underwriting syndicate.
Genasys, a leading provider of insurance administration software, has unveiled Genasys Unify, a major update to its core platform.

Genasys adds to its pioneering core platform

Genasys, a leading provider of insurance administration software, has unveiled Genasys Unify, a major update to its core platform. The introduction of Genasys Unify aims...

News Stories

risk

The role of conduct risk in the RegTech space

Founded in 2022, Cognitive View claims to offer the first-of-its-kind integrated compliance and complaints co-pilot.
Innovations in pricing decision intelligence are reshaping the landscape of the insurance industry, with hx Renew emerging as a pioneering platform at the forefront of this transformation. As the world's first of its kind, hx Renew not only unlocks substantial value and industry-leading performance across the pricing process but also offers seamless implementation within existing systems, ensuring flexibility, scalability, and security.

5 key benefits of hx Renew for IT

Innovations in pricing decision intelligence are reshaping the landscape of the insurance industry, with hx Renew emerging as a pioneering platform at the forefront of this transformation. As the world's first of its kind, hx Renew not only unlocks substantial value and industry-leading performance across the pricing process but also offers seamless implementation within existing systems, ensuring flexibility, scalability, and security.
In an era where innovation is reigning supreme, the insurance industry has found itself on the precipice of transformative change. Long accustomed to traditional models of risk assessment and policy pricing, insurers are now embracing the disruptive potential of Internet of Things (IoT) and telematics technologies. These cutting-edge tools offer unprecedented insights into policyholders' behaviour and assets, revolutionising the way insurers evaluate risk and tailor coverage.

How IoT and telematics are transforming insurance

In an era where innovation is reigning supreme, the insurance industry has found itself on the precipice of transformative change. Long accustomed to traditional models of risk assessment and policy pricing, insurers are now embracing the disruptive potential of Internet of Things (IoT) and telematics technologies. These cutting-edge tools offer unprecedented insights into policyholders' behaviour and assets, revolutionising the way insurers evaluate risk and tailor coverage.
Velexa

Pi Securities and Velexa team up to transform global equities trading

Pi Securities, a prominent Thai brokerage firm, has partnered with WealthTech Velexa to transform the global equities trading market. 
Marqeta

Marqeta and OakNorth Bank launch new partnership to enhance UK SME banking

Marqeta, a modern card issuing platform, provides embedded finance solutions globally, supporting the innovation needs of diverse businesses.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week