Data/Intelligence

Underwriting has often been considered the bedrock in which insurance policies are built upon. Coupled with a rigid loss control strategy, these tenets make up the heartbeat of the insurance industry, shaping its trajectory and resilience in the face of evolving challenges. A host of insurance industry experts delved into the changing roles of underwriting and loss control and discussed the future of risk engineering.

Data masking has emerged as a crucial solution in the digital landscape, especially in 2023, where data stands as the most profound and vulnerable digital asset for businesses. Elijah Mokin, Head of R&D at Symfa, delves into data masking and its potential.

Concirrus, a prominent provider of AI-powered marine insurance intelligence, has launched an updated hull market model.

Alicia, a Dutch provider of insurance-as-a-service for freelancers, has scored €7m in seed investment.

In today's digital age, businesses are always on the lookout for smarter ways to analyse their performance data and gain valuable insights. Enter GPT Bot, a powerful AI tool that's changing the game for ERP systems. But what exactly is GPT Bot, and how can it benefit your business? Software development company Symfa investigates. 

In the rapidly evolving landscape of InsurTech, the demand for streamlined data processing solutions is more critical than ever. As technology continues to reshape industries, a transcontinental insurance company was tasked with the challenge of handling vast amounts of data processed through Excel files. Recognising the need for a more sophisticated approach, the company turned to Symfa, a leading player in the FinTech space, to create a unified and automated ETL process.

Aon, a prominent global professional services firm, has announced it has acquired Humn.ai's technology assets and intellectual property in a bid to fortify its commercial fleet proposition.

Smart Communications, which helps companies engage in meaningful customer conversations, has named Anthony Bennett as its new chief information officer.

Verisk, a leading global data analytics and technology provider, has welcomed Greg Hendrick as its new independent director on the Board of Directors.

In the not-so-distant past, navigating through the bustle of public transport meant holding onto a paper ticket. However, the concept has swiftly become a relic of a bygone era. The transition from traditional paper tickets to e-tickets has resulted in more convenience and efficiency. Apart from reducing the environmental impact, this shift has streamlined the ticketing process, offering passengers instant access through their smartphones or other digital devices, as Scanbot SDK explains.