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Shaping the future with ChatGPT: Innovation in healthcare and insurance
The recent surge in attention towards generative AI and ChatGPT should not be overlooked. This technology has the potential to revolutionise nearly every industry, offering a multitude of people the chance to engage with AI's transformative capacities.
Novidea unveils transformative enhancements to its insurance platform
Novidea, a leading InsurTech firm globally recognised for creating its data-driven, cloud-based insurance management platform, has announced substantial enhancements to its award-winning software.
Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition
Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.
MetLife and Lyra Health join forces for better workforce mental health solutions
MetLife, a key player in disability and absence management services, and Lyra Health, a top contender in the sphere of global workforce mental health solutions, are teaming up.
Japan Post Insurance partners with KKR and Global Atlantic to diversify growth strategy
Japan Post Insurance, KKR & Co, and Global Atlantic Financial Group, have publicly announced the formation of a strategic partnership. Furthermore, Japan Post Insurance plans to substantiate its investment in a reinsurance co-investment vehicle, pioneered by Global Atlantic.
Meanwhile, the crypto-native life insurer, bags $19m seed funding
Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.
Ledgebrook and Socotra join forces to revolutionise the E&S insurance market
Austin-based Socotra, renowned as a next-generation core platform provider for contemporary insurers, and Boston-based Ledgebrook, an InsurTech MGA focusing on the excess and surplus (E&S) market, recently revealed the successful launch of Ledgebrook's novel platform, which is turbo-charged by Socotra Connected Core.
Sapiens chosen as Absa Life’s partner in a major digital transformation initiative
Sapiens International Corporation, a leading global provider of software solutions for the insurance sector, and Absa Life, a foremost life insurance provider in South Africa, are teaming up.
Cincom’s Eloquence and Sapiens CoreSuite join forces to transform insurance communications
Cincom Systems, a global organisation dedicated to fostering business success through process automation, has partnered with Sapiens International Corporation, a leading software solution provider in the insurance industry.
Travel InsurTech Faye bags $10m in series A to reimagine travel insurance
Faye, a burgeoning travel insurance start-up, has raised $10m in its Series A funding round.