Tag: Insurance Technology

Akur8 and Guidewire launch groundbreaking accelerator for P&C insurers

Guidewire and Akur8 have introduced a groundbreaking accelerator designed to streamline pricing processes within the insurance industry.

Novidea unveils cutting-edge enhancements to its award-winning insurance management platform

Novidea has announced the latest update to its award-winning insurance management solution, designed to cater to brokers, agents, MGAs/MGUs, wholesalers, and carriers.

Futuristic Underwriters launches to transform P&C insurance

Futuristic Underwriters LLC has revealed that it has publicly launched its service which it hopes will transform the P&C insurance sector.

UK InsurTechs seed deals nearly halved in the first nine months...

Key UK InsurTech seed deal investment stats in Q1-Q3 2023: • UK InsurTech seed deal activity reached 16 deals in Q1-Q3 2023, a 47% drop...

Federato adds AI to underwriting platform with Google Cloud

Federato has announced an exciting partnership with Google Cloud to integrate advanced AI capabilities into its RiskOps underwriting platform.

FRISS to use Microsoft Azure OpenAI Service for enhanced AI fraud...

FRISS has joined forces with tech giant Microsoft to enhance the explanations of its AI fraud models using Microsoft Azure OpenAI Service.

Guidewire and SMA Technologies launch new marketplace accelerator

Guidewire and SMA Technologies (SMA) have announced a newly launched accelerator designed to streamline insurers' operations by introducing powerful workload automation solutions.

Streamlining insurance document submission: The power of web SDKs

In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.

UK’s leading insurer Aviva fast-tracks pricing with hyperexponential

Aviva's Global Corporate and Specialty (GCS) has leveraged hyperexponential’s Pricing Decision Intelligence (PDI) platform, hx Renew, to build 20 new insurance pricing models in just nine months.

InsurTech acquisitions gain momentum growing at a CAGR of 34.6% from...

InsurTech acquisitions have increased in popularity from 2016 to 2022 although incumbent insurers haven’t kept up with the market’s speed. David Wechsler, a principal...

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