Tag: Auto Insurance
Staying relevant – how can the insurance industry adapt to the...
The insurance sector has changed quite a bit over the past years; however, it is currently undertaking its biggest ever transformation - the shift towards a fully personalised approach towards the consumers, and usage-based insurance (UBI) as a prominent example of that shift.
Tractable launches tool to revolutionise claims after natural disasters
Tractable, which has developed an AI solution for visual assessment and disaster recovery, has launched a new solution to assess damage to buildings after natural disasters.
Hylant releases tool to help restaurant owners insurer delivery drivers
Hylant, a large privately owned insurance brokerage in the US, has launched RoadPilot, a pay as you go insurance service for the restaurant home food delivery industry.
Redesigning fleet insurance – Humn collects Series A
Motor fleet insurance pricing service Humn has collected £10.1m in its Series A, which was led by BXR Group and Shell Ventures.
Tractable helps Sara Assicurazioni become first Italian insurer to leverage AI...
Sara Assicurazioni has become the first Italian insurance firm to leverage AI to enhance vehicle damage assessments and estimates, thanks to a deal with InsurTech100 company Tractable.
InsurTech unicorn Tractable teams up with LKQ North America
InsurTech100 company Tractable has deployed its AI tools into LKQ North America, a provider of alternative vehicle parts, as part of a new deal.
Allianz underlines potential opportunities and disruptions for insurance sector
In a recent fireside chat, Quantexa CEO Vishal Marria spoke with Allianz Technology CFO Andrea Pettinelli to discuss where Allianz sees growth opportunities in the insurance space alongside potential disruptions caused by big market players entering the sector.
Hellas Direct snares €32m in EBRD-backed funding round
Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).
Tractable to help GEICO accelerate auto claim and repair process through...
Tractable will help GEICO, the second-largest auto insurer in the US, accelerate its auto claim and repair process, as part of a new deal.
How insurers can improve their usage-based insurance solutions
Adoption rates of usage-based insurance (UBI) is increasing quickly; however, there are a lot of issues with the current method of measuring this usage, according to Sentiance.