How technology is transforming the insurance sector
Imagine filing an insurance claim from your phone, tracking its progress, and resolving everything within days. It might sound like a mirage, but this is already happening. The insurance industry, once known for its slow and outdated processes, is undergoing a significant transformation thanks to rapid advancements in technology and innovative tech-driven solutions.
MPowered Mortgages’ AI-powered chatbot solving 60% of broker queries
Uk-based firm MPowered Mortgages has reported that its AI-powered chatbot now solves 60% of broker enquiries.
Raincoat, pioneering AI climate insurance in Puerto Rico, clinches $150k
Raincoat, a startup based in Puerto Rico, has received a significant financial boost with a $150k award from Google. This funding forms part of the...
Insurity and Coherent join forces to modernise P&C insurance operations
Insurity has announced a new partnership with Coherent to advance the capabilities of property and casualty (P&C) insurance organisations, enabling them to modernise their systems and streamline operations.
Apollo Insurance partners with Rhapsody Property Management to simplify tenant insurance in Canada
APOLLO Insurance has entered into a strategic partnership with Rhapsody Property Management Services to streamline access to digital tenant insurance solutions across Canada. The collaboration...
IBISA secures $3m to expand parametric climate insurance in Asia and Africa
IBISA, a global leader in the Climate InsurTech sector, has successfully raised $3m to enhance its parametric insurance offerings aimed at mitigating weather-related risks across Asia and Africa.
Emerald Bay and Lightspeed unveil partnership to provide comprehensive insurance coverage in California
Emerald Bay Risk Solutions, a collaborative underwriting carrier, has announced a strategic partnership with Lightspeed Specialty Insurance Solutions, a specialty insurance MGA and subsidiary of Volnay Insurance Holdings.
CAPE Analytics and Vexcel forge strategic partnership to enhance AI property insights
CAPE Analytics, a leader in AI-powered property insights for insurance and real estate risk, and Vexcel, a global leader in aerial imaging, have announced...
Yardi and Obligo partner to revolutionise security deposit process
Yardi, a leading provider of real estate software for every portfolio size and type, has announced a new partnership with Obligo to enhance the resident experience by offering an innovative alternative to traditional security deposits.
GradGuard launches expanded renters insurance program for Rhode Island students
GradGuard has expanded its renters insurance program to include students coverage in Rhode Island.