Tag: Insurance

1Fort launches AI-driven platform to revolutionise insurance broking

1Fort, a leading VC-backed InsurTech, has announced the launch of its cutting-edge AI platform that enables brokers to instantly quote from leading specialty markets.

Marsh McLennan Agency acquires Perkins Insurance Agencies to expand West Texas...

Marsh McLennan Agency, a subsidiary of Marsh, has announced the acquisition of Perkins Insurance Agencies, an independent agency based in Abilene, Texas. The primary reason...

Enhancing cybersecurity in finance: The critical role of application security testing

In the digital age, the banking, financial services, and insurance (BFSI) sectors have seen unprecedented evolution. This transformation, while beneficial in terms of convenience...

How Generative AI is transforming motor insurance claims

Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.

UK InsurTech hyperexponential appoints Risa Ryan to lead US expansion

UK InsurTech hyperexponential, a leader in data-driven pricing solutions for the insurance industry, has appointed Risa Ryan as head of US P&C to spearhead the company’s expansion into the US market.

Bowhead Specialty partners with Kalepa to enhance underwriting with AI

Bowhead Specialty, a provider of casualty and professional liability products, has announced its deployment of Kalepa’s Copilot underwriting platform to utilise its advanced AI for improved risk selection and optimal customer experience.

Bindable partners with HoneyQuote to enhance Florida home insurance options

Bindable, the InsurTech leader for alternative distribution solutions, has announced a new partnership with HoneyQuote, a home insurance comparison tool that is changing the way homeowners shop for insurance in Florida.

Swiipr raises $7.6m to modernise airline disruption compensation

Swiipr has announced it secured $7.6m in funding to advance its platform designed to revolutionise airline disruption payments.

Stride partners with Roadie to provide benefits for 200,000 independent drivers

Stride, a leader in providing benefits for independent workers, has announced a new partnership with Roadie, a logistics platform with over 200,000 drivers across the USA.

Expleo and ACORD partner ahead of Blueprint Two modernisation

Expleo, an engineering, technology, and consulting services provider, has partnered with ACORD Solutions Group, to provide testing assurance expertise for organisations preparing for Lloyd’s Blueprint Two London market modernisation.

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