Tag: insurance 2023

Jerry, a service known for its PriceProtect technology that helps car owners find optimal insurance rates, has doubled its offerings.

Ushur, a leading provider of AI-powered Customer Experience Automation that enables end-to-end automated customer journeys, and Guidewire, a trusted platform that offers digital, core, analytics, and machine learning solutions for P&C insurers, have announced the availability of Ushur's new validated accelerators for ClaimCenter users in the Guidewire Marketplace.

Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A funding.

InsurTech company KYND recently released a report exploring whether external or internal vulnerability scanning is more useful to assess a company's cyber posture. 

Blitz Insurance, a specialty insurance carrier, and Ascend, a first-of-its-kind insurance payments platform, have announced a strategic partnership aimed at modernising payment experiences for insurance brokers in specialty markets.

South Korean FinTech Finda, which operates as a prominent loan comparison platform in the nation, has successfully closed a $37m Series C funding round.

German threat intelligence provider QuoIntelligence has bagged €5m in a seed round headed by eCAPITAL Entrepreneurial Partners.

Modives, an InsurTech start-up, is aiming to improve the arduous process of insurance verification for property managers and auto dealers.

The Office of the Superintendent of Financial Institutions (OSFI) is taking strides to adapt to the rapidly changing digital asset landscape. Reflecting the shifting risk environment and emerging global patterns, OSFI is introducing modifications to its capital and liquidity guidelines for crypto-assets.

The power of pricing transformation in the digital journey of insurance companies cannot be overstated. A pivot towards this aspect can lead to an impressive array of benefits, ranging from competitive edge to talent retention, regulatory adherence and even improvement in loss ratio.