Tag: AI

FIs expect AI to impact data operations and data quality management...

In a report published March 2024, Alveo polled 200 firms about leveraging AI in data management. The respondents were split over the US, the...

Ushur unveils AI-powered self-service solution for financial institutions

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer (KYC) and paperless enrolment processes.

CLARA Analytics and Origami Risk deepen partnership to fast-track AI adoption...

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.

Baselayer raises $6.5m seed round to redefine business risk with AI...

Baselayer, a B2B platform utilising proprietary Graph AI technology, has officially emerged from stealth mode, securing a $6.5m seed round.

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...

Sayata launches groundbreaking AI platform for commercial insurance underwriting

Sayata, a pioneer in cutting-edge insurance solutions, has introduced a revolutionary AI-powered platform poised to redefine how insurance carriers and MGAs evaluate and underwrite risk.

WealthTech’s promising Q1 2024: Valuations soar as strategic buyers lead

WealthTech's promising Q1 2024: Valuations soar as strategic buyers lead

Transforming customer experience in insurance claims handling

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective, to give valuable insights into how to improve it across various insurance lines and regions.

Twill Payments secures pre-seed funding to advance AI-driven data analytics

Twill Payments, a pioneering startup in the payments sector, has closed its pre-seed funding round on an undisclosed amount.

How AI-backed dynamic pricing is transforming insurance sales

In a constantly evolving landscape, insurance businesses grapple with macroeconomic trends impacting profitability and sustainability. From shifts in claims costs driven by inflation to the escalating risks posed by climate change, insurers face multifaceted challenges. State Farm and Allstate's retreat from California's home insurance market due to wildfire risks underscores the severity of these challenges.

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