On-Demand/Travel Insurance

Travel insurer Tifgroup has teamed up Air Doctor, the must-have travel companion, to ensure that travellers can quickly and easily access medical care while abroad.

tifgroup and Air Doctor partner to enhance global travel healthcare

Travel insurer tifgroup has teamed up Air Doctor, the must-have travel companion, to ensure that travellers can quickly and easily access medical care while...
Priceline, the iconic innovator of online travel, and Cover Genius, the InsurTech for embedded protection, have announced a new North American partnership to introduce enhanced travel protection for flights, hotels, rental cars, and packages booked with Priceline.

Priceline and Cover Genius join forces to enhance North American travel protection

Priceline, the iconic innovator of online travel, and Cover Genius, the InsurTech for embedded protection, have announced a new North American partnership to introduce enhanced travel protection for flights, hotels, rental cars, and packages booked with Priceline.
Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK's leading global status in insurance innovation.

Insurtech UK unveils Roadmap to strengthen the nation’s global insurance status

Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK's leading global status in insurance innovation.
World Nomads, the global travel insurance provider, has announced the launch of its new Annual Multi-Trip (AMT) product in the UK & Ireland.

World Nomads launches Annual Multi-Trip policy with innovative benefits

World Nomads, the global travel insurance provider, has announced the launch of its new Annual Multi-Trip (AMT) product in the UK & Ireland.
Cargo theft is soaring, with no sign of decline in sight. In 2023 alone, the U.S. faced losses of $130m due to cargo theft, and experts suspect the actual figure to be even higher. Fraudsters are becoming increasingly innovative in their methods, now exploiting the freight bidding process on load boards to secure loads, among other scams.

Combatting cargo theft: The power of CDL Scanners in protecting freight

Cargo theft is soaring, with no sign of decline in sight. In 2023 alone, the U.S. faced losses of $130m due to cargo theft, and experts suspect the actual figure to be even higher. Fraudsters are becoming increasingly innovative in their methods, now exploiting the freight bidding process on load boards to secure loads, among other scams.
Zurich Insurance Group (Zurich), a global leader in insurance services, has announced an agreement to acquire AIG’s global personal travel insurance and assistance business (AIG Travel) for $600m.

Zurich acquires AIG’s travel insurance business for $600m to expand global reach

Zurich Insurance Group (Zurich), a global leader in insurance services, has announced an agreement to acquire AIG’s global personal travel insurance and assistance business (AIG Travel) for $600m.
Flock, the London-based InsurTech scaleup, has entered into a new partnership with Admiral Pioneer to transform UK fleet insurance with advanced technology and real-time risk management solutions.

Flock and Admiral Pioneer partner to revolutionise UK fleet insurance

Flock, the London-based InsurTech scaleup, has entered into a new partnership with Admiral Pioneer to transform UK fleet insurance with advanced technology and real-time risk management solutions.
Luggage loss remains one of the most significant challenges airlines face. Many travellers have resorted to using AirTags and other smart tags to track their bags, though the issue persists, affecting airlines' brand image and customer satisfaction. Scanbot SDK delves into how its mobile barcode scanner SDK is enhancing airline efficiency.

How Scanbot’s mobile barcode scanner SDK is enhancing airline efficiency

Luggage loss remains one of the most significant challenges airlines face. Many travellers have resorted to using AirTags and other smart tags to track their bags, though the issue persists, affecting airlines' brand image and customer satisfaction.
Pattern Insurance and WeTravel have announced a new partnership aimed at integrating insurance into the travel booking experience.

Pattern Insurance and WeTravel join forces to enhance travel booking experience with integrated insurance

Pattern Insurance and WeTravel have announced a new partnership aimed at integrating insurance into the travel booking experience.
Swiipr has announced it secured $7.6m in funding to advance its platform designed to revolutionise airline disruption payments.

Swiipr raises $7.6m to modernise airline disruption compensation

Swiipr has announced it secured $7.6m in funding to advance its platform designed to revolutionise airline disruption payments.

News Stories

Allvue Systems launches innovative fund administration suite to revolutionise fund management

Allvue Systems launches innovative fund administration suite to revolutionise fund management

Allvue Systems, a distinguished provider in technology for alternative asset managers and fund administrators, recently introduced Fund Administration Essentials.
BlueFlame AI unveils AI-powered DDQ Manager for enhanced investment decision-making

BlueFlame AI unveils AI-powered DDQ Manager for enhanced investment decision-making

BlueFlame AI, a generative artificial intelligence solutions provider, has introduced its latest innovation, the DDQ Manager, aimed at transforming operations within the alternative investment management sector.
A strong week for FinTech funding saw $898.125m raised over a period that was headlined by a mammoth $200m tranche from Armis. 

$200m Armis Series D headlines this week’s FinTech funding rounds

A strong week for FinTech funding saw $898.125m raised over a period that was headlined by a mammoth $200m tranche from Armis.  The mammoth Series...
BlueFlame AI, a leading provider of generative artificial intelligence (Gen AI) solutions for the alternative investment management industry, today announced the launch of its DDQ Manager, a generative AI-powered solution designed to transform the way Alternative Investment Managers handle Due Diligence Questionnaires (DDQs) and Requests for Proposals (RFPs). The BlueFlame AI DDQ Manager eases the time and resource burden of managing and responding to information requests by streamlining the entire process from end to end, from auto-generating responses to reviewing and approving questions, to exporting completed content for formatting. The solution significantly reduces completion time, increases accuracy, and ensures consistency across communications. Library management is dramatically simplified using advanced AI, saving hours of overhead. This gives alternative investment managers a competitive edge in responding to information requests and allows teams to focus on high-value decision making. Key features of the BlueFlame DDQ Manager include: Intelligent AI document processing for automated question extraction Automatic use of pre-approved content verbatim to avoid IR and compliance re-review, with AI-driven automated response generation when no pre-approved content exists AI driven chat to help format, cleanup, and pull answers from 3rd party sources, such as email, CRMs, outside files, or portfolio accounting tools Flexible question assignment, review, and approval workflows with permissions-based access to source content for easier collaboration Export of completed DDQs and RFPs into Microsoft Word or Excel source files or firm templates to ensure formatting and brand consistency Support for proprietary and industry-standard questionnaires (e.g., AIMA, ILPA) Support for attachments in responses Integration with third-party systems for comprehensive information access "Alternative Investment Managers have long grappled with the time-consuming and resource-intensive nature of DDQs, often struggling with inconsistent responses, outdated information, and the sheer volume of requests," said Raj Bakhru, CEO at BlueFlame AI. "Our AI-powered DDQ Manager addresses these challenges head-on. Using AI in the DDQ process enables managers to efficiently address questions, compare previous answers, and generate responses based on new information. By harnessing the power of AI, we're enabling firms to respond to information requests faster, more accurately, and with greater consistency than ever before, freeing up valuable time for strategic activities and giving them a competitive edge in the market." “Through our extensive testing and our own use of the technology internally we were able to complete our DDQ’s in 25% of the time, saving an average of 6 hours per DDQ,” said James Tedman, Head of Information Security at BlueFlame AI. “We expect clients, many of whom have more onerous requests, to see similar results.” BlueFlame AI’s DDQ Manager is available to existing clients and the company is offering personalized demos to interested firms. For more information about DDQ Manager or to schedule a demo, please visit www.blueflame.ai. ‍About BlueFlame AI Founded in 2023, BlueFlame AI offers an AI-native, purpose-built, LLM-agnostic platform for Alternative Investment Managers. Our team, with deep roots in alternative investments, combines expertise in deal-making, development, cybersecurity, and financial services. BlueFlame AI offers comprehensive enterprise search, intelligent document processing, and no-code automation. We excel in semantic search, structuring unstructured data, interfacing with third-party systems, and automating data aggregation and document generation through our Blueprints feature. Uniquely positioned to address AI adoption challenges in financial services, BlueFlame AI transforms how alternative investment managers handle data and automate processes. Learn more at www.blueflame.ai.

Agent IQ and Narmi forge strategic partnership to revolutionise digital banking

Agent IQ and Narmi announce a strategic partnership to enhance digital banking solutions, offering advanced AI-driven experiences to community banks and credit unions.
Stanbic Bank and Mastercard unveil new elite credit cards with premium travel perks

Stanbic Bank and Mastercard unveil new elite credit cards with premium travel perks

Stanbic Bank Kenya and Mastercard have recently formed a partnership to cater to the affluent segment of their clientele.

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