Tag: insurance automation

Earnix warns of key-person risk in insurance renewals

Group benefits insurers are still relying on spreadsheets, disconnected systems and the knowledge of a few experienced employees to make critical pricing decisions, according...

Akur8 targets the risky handoffs behind rate changes

Akur8, an InsurTech provider of actuarial technology, has detailed a new capability designed to tackle one of the less visible risks in insurance pricing:...

Earnix says insurers must rethink technology investment

Insurers are investing heavily in cloud infrastructure, artificial intelligence (AI) and digital transformation, but many continue to struggle to translate those investments into faster...

Why pricing capacity is becoming insurers’ new bottleneck

Insurers have access to increasingly sophisticated pricing technology, but a growing execution gap could be limiting the value they get from it. Earnix argues...

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...

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