Tag: insurance automation

Applied and Travelers explore submissionless insurance quoting

Applied Systems, an insurance software provider, has launched a submissionless commercial insurance quoting capability with The Travelers Companies as its first carrier partner, using...

Vertafore launches AI agent to tackle MGA submission delays

Vertafore, a Denver-based insurance technology provider, has launched an AI-powered submission processing agent designed to help managing general agents (MGAs) reduce manual intake processes...

How IntellectAI’s Magic Placement fights broker E&O risk

IntellectAI is pulling back the curtain on the technology driving its Magic Placement platform, as the InsurTech firm looks to address the persistent pain...

How a carrier launched an excess casualty line in 15 weeks

In the fast-moving Excess & Surplus (E&S) market, launching a new line of business typically takes anywhere between 12 and 18 months. Legacy system...

TransRe taps Cytora AI to boost underwriting speed

TransRe has partnered with digital risk processing platform Cytora to digitise its facultative reinsurance operations worldwide.

Cytora unveils AI-driven automation for risk workflows

Cytora has introduced Unified Risk Reasoning, an AI-powered tool designed to fully automate risk data workflows for insurers. This new release enhances Cytora’s digital risk...

Vertical AI platform MarvelX secures $6m to transform insurance operations

Amsterdam-based FinTech start-up MarvelX has raised $6m in seed funding to launch its AI-powered platform targeting the insurance industry.

IntellectAI unveils expert agents to transform commercial underwriting

IntellectAI has launched a new generation of AI-powered underwriting agents designed to bring genuine underwriting expertise into automated insurance workflows. While many AI tools rely...

What is Embedded Insurance 2.0? The future of effortless coverage

In an age where convenience is king, the insurance industry is shedding its clunky, paper-bound past for a sleeker, more intuitive future. Embedded insurance...

India cemented its place as the leading InsurTech hub in Asia...

Key Asian InsurTech investment stats in 2024: Asian InsurTech deal activity dropped by 64% YoY India secured over a third of the Asian InsurTech...

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