Tag: 2023 InsurTech

The European InsurTech deals sector suffered a sharp downturn in fortune in 2023, but the United Kingdom (UK) remained the pre-eminent force on the continent.

2024 marks a pivotal chapter in the dynamic world of InsurTech, where innovation and technology converge to redefine the insurance landscape. From AI-driven risk...

In an era defined by technological leaps, the insurance industry faces a pivotal juncture: with the opportunity to embrace Generative AI (GenAI) to elevate customer experiences at the forefront of that. FinTech Global had the privilege to speak with Deepti Kalra, vice president & head of AI Products & Solutions - Insurance Analytics at EXL, delving into the crucial facets of GenAI and its transformative potential within insurance. 

Novidea's groundbreaking insurance management solution has led to Pathpoint experiencing a monthly 20% compounded growth for the last 18 months.

WTW has launched a new cyber insurance product designed and tailored to be a comprehensive solution for financial, professional, and executive risks. 

WTW, a prominent global advisory, broking, and solutions company, has announced the appointment of Chris Condello as Head of the newly established Asian Risk Division within Corporate Risk and Broking (CRB), North America.

Enterprise BI application modernisation is a challenge with data and insights at stake. How to make a good start which translates into an efficient active development with real project value? In this blog post, Anatoly Bankovsky, Delivery Manager at Symfa, a software development company, shares how his team managed to do exactly this during his recent project for a US-based carrier employing 6,000 people.

The UK government has revealed that they are set to consult on the introduction of a regime for captive insurance companies in spring 2024.

Unveiling the pitfalls and limitations of Bubble, a no-code development platform, Alexander Shumski, Head of Presales, an engineer and architect at Symfa, offers a comprehensive analysis and reveals the intricacies that make it a challenging choice for enterprise BI development. Shumski offers his opinion on the discussion and offers nuanced insights into superior alternatives that amplify BI software development, ensuring a seamless transition towards enhanced efficiency and functionality.

As the spotlight on Environmental, Social, and Governance (ESG) issues intensifies, insurance companies are faced with the complex task of aligning their strategies with the broader ESG landscape. As new research from Solera surfaces suggesting that customers are increasingly seeking proof of ESG commitment, FinTech Global examines how these ESG considerations are affecting insurers.