Unlocking insurer success: The power of data integration with hx Renew
In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.
Akur8 and Ohio Mutual Insurance Group form strategic alliance for advanced insurance pricing capabilities
Akur8, known for its next-generation insurance pricing solution powered by transparent machine learning, has recently announced a strategic partnership with Ohio Mutual Insurance Group.
Walnut Insurance bags $4m for embedded insurance infrastructure
Walnut Insurance, a technology company that provides infrastructure for embedded insurance, has raised $4m in a seed funding round.
Cloud adoption will allow insurance to improve business outcomes
As companies seek new technologies to get the competitive edge, Smart Communications believes cloud adoption will help insurance companies be agile and improve business outcomes.
Streamlining insurance document submission: The power of web SDKs
In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.
The future of underwriting: IntellectAI’s triumph with generative AI models
Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.
CoverForce and NowCerts unite for revolutionary instant insurance quoting platform
CoverForce, a pioneer in independent API for instant insurance quoting and binding, has teamed up with NowCerts, an innovative agency management system provider.
Simplifai launches InsuranceGPT, a bespoke AI solution for the insurance industry
Simplifai, renowned for its AI automation solutions, introduces Simplifai InsuranceGPT - the first-ever custom GPT tool specifically crafted for the insurance sector.
Choosing the best development route: From native to cross-platform
Mobile app development has evolved significantly since the advent of smartphones in the late 2000s. Initially, developers had two main approaches to consider: native and hybrid development. Native apps were built using the platforms' specific programming languages, while hybrid apps were web applications housed within a sandbox browser.
Insurers prioritise modernisation, but struggle to implement
Insurers have prioritised modernisation, but are struggling with implementation, according to a study from Earnix.