Consumer Platforms

Chubb has introduced a groundbreaking global transactional risk platform aimed at delivering transactional risk liability insurance products across international markets.

InsurTech Chubb launches global platform to grow its footprint internationally

Chubb has introduced a groundbreaking global transactional risk platform aimed at delivering transactional risk liability insurance products across international markets.
Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis' small and medium-sized business customers in the US.

Mulberri and Acronis join forces to offer embedded cyber insurance to US SMBs

Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer Mulberri’s Cyber Insurance to Acronis' small and medium-sized business customers in the US.
Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

Front Street Re names Edison Fong as its new CEO

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).
AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.

AKKO announces acquisition of Upsie to cement market position

AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.
Blu Clarity, an MGA specialising in value-based risk management solutions, and Irys Insurtech, a technology platform, have joined forces in a strategic partnership.

Blu Clarity unveils game-changing partnership with Irys Insurtech

Blu Clarity, an MGA specialising in value-based risk management solutions, and Irys Insurtech, a technology platform, have joined forces in a strategic partnership.
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.
SiriusPoint, a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024.

SiriusPoint welcomes Jim McKinney as new CFO to propel growth strategy

SiriusPoint, a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024.
TheGuarantors-fintech-launched-product-to-support-independent-landlords

TheGuarantors launches product to support independent landlords

TheGuarantors, a FinTech company building smart financial and insurance solutions for renters and landlords, has launched a product platform designed to help protect small- and medium-sized rental property owners.

dacadoo and Albertsons partner up to revolutionise digital health and wellness

HealthTech and InsurTech leader, dacadoo, has joined hands with the prominent food and drug retailer, Albertsons Companies, to power their Sincerely Health platform.
Ushur, FNOL, Customer Experience Automation, Invisible App, Natural Language Processing, insurance 2023, claims process 2023, AI in insurance, machine learning, claim adjusters, digital claims process, customer satisfaction, insurance communication, personalisation in insurance

The future of insurance claims: How automation and AI are enhancing customer experience

Navigating the insurance claim process often comes during challenging times for customers. Following an accident, emergency, or even a natural calamity, individuals typically feel apprehensive and uncertain. This anxiety can be exacerbated if the claim experience further contributes to their distress, whether it's due to the damage to their possessions or physical injuries.

News Stories

FinTech funding slowed throughout this week's funding rounds as only $332.65m was raised, despite a solid 21 deals being completed. 

FinTech funding slows with $332.65m raised this week

FinTech funding slowed throughout this week's funding rounds as only $332.65m was raised, despite a solid 21 deals being completed. 
Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.

How Generative AI is transforming motor insurance claims

Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.
UK InsurTech hyperexponential, a leader in data-driven pricing solutions for the insurance industry, has appointed Risa Ryan as head of US P&C to spearhead the company’s expansion into the US market.

UK InsurTech hyperexponential appoints Risa Ryan to lead US expansion

UK InsurTech hyperexponential, a leader in data-driven pricing solutions for the insurance industry, has appointed Risa Ryan as head of US P&C to spearhead the company’s expansion into the US market.

Snowdrop Solutions and Ample Earth link to enhance sustainable spending

Snowdrop Solutions, a leading provider of advanced transaction data enrichment solutions for banks and financial institutions, has announced a partnership with Ample Earth, a...
Bowhead Specialty, a provider of casualty and professional liability products, has announced its deployment of Kalepa’s Copilot underwriting platform to utilise its advanced AI for improved risk selection and optimal customer experience.

Bowhead Specialty partners with Kalepa to enhance underwriting with AI

Bowhead Specialty, a provider of casualty and professional liability products, has announced its deployment of Kalepa’s Copilot underwriting platform to utilise its advanced AI for improved risk selection and optimal customer experience.

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