Infrastructure/Back-end

Founded in 2005, Ascent has a key mission: help insurers and reinsurers become more profitable by accelerating their ability to transact. We recently spoke to CCO George Earp and Principal Architect Konrad Pfeffer to find out more.

For over ten years, Shelter Insurance® has utilised RCT's groundbreaking software. This partnership traces back to 2007, when Shelter sought RCT's expertise to tackle efficiency and consistency hurdles tied to their vast field surveys.

Digitalisation is a cornerstone of any discussion related to transformation within insurance. As firms try to meet the demands of the modern customer, their path relies on their digitalisation strategy; however, this is a rather ambiguous term that can mean different things to each insurance organisaiton. Several industry experts discussed the role of digitalisation within insurance  as part of the Professional InsurTech Certificate course.

Tradition is something to be honoured, but not at the expense of progress. In recent years insurance carriers have moved away from paper forms, and instead implemented digitalisation throughout their product. But there is more to come. In particular, the digital transformation of underwriting still remains a key headache.

EIS, a leading provider of Software as a Service (SaaS) platforms for the insurance industry, is set to introduce ClaimSmart™, an intelligent cloud solution designed to revolutionise claims management.

Planck has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.

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.

As the insurance industry experiences a pivotal shift towards digitalisation, InsurTech leaders emphasise the importance of digital transformation not only to meet evolving customer expectations but also to enhance operational efficiency and foster innovation.

In an increasingly digitised landscape, the InsurTech sector has leaned more on burgeoning technologies to enhance efficiency and productivity. However, amidst this rapid technological advancement, the significance of robust cybersecurity measures cannot be overstated. But how can you improve your company’s cybersecurity measures?

Layr, an Insurtech company for independent commercial insurance brokerages, has secured $10m in its recent funding round.