Tag: Insurance
Porch receives $25m by securing strategic business collaboration with Aon
Porch Group, Inc. has received $25m following its entry into a strategic business collaboration agreement with Aon.
75% of business leaders are “comfortable” incorporating AI into customer-facing strategies
75% of key decision-makers in the healthcare, insurance, and financial services industries are now "comfortable" incorporating AI and automation into customer-facing strategies or communications, according to research from Customer Experience Automation™ (CXA) pioneer Ushur.
Python in insurance: Paving the way for actuaries and insurers
The insurance sector, traditionally slow in embracing modernisation, is progressively adopting programming languages to refine workflows and bolster decision-making capabilities. Among these, Python has...
Amazon slams doors on UK Insurance Store after only 15 months
Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.
Lloyd’s Market Association unveils core priorities for 2024
The Lloyd’s Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year.
AI’s role in shaping the future of healthcare
The healthcare sector is experiencing a significant transformation, with interactive digital channels at the heart of plans to improve the well-being of patients. With the CDC reporting that over 90% of the $4.1tn US healthcare costs are associated with chronic and mental health issues, there is a clear need for innovative solutions, as customer experience specialists Ushur discuss.
The key InsurTech trends to look out for in 2024
2024 marks a pivotal chapter in the dynamic world of InsurTech, where innovation and technology converge to redefine the insurance landscape. From AI-driven risk...
Tackling technical debt in the insurance industry
Technology is the cornerstone of the modern insurance sector, yet grappling with technical debt remains a significant challenge for many insurers. Technical debt arises when shortcuts in IT infrastructure accumulate, impeding sustained and robust practices for long-term growth, as Hyperexponential explain.
Neptune Flood expands insurance offering into Kentucky
Neptune Flood has made a significant announcement today regarding its expansion into the state of Kentucky.
Aon’s strategic acquisition of NFP enhances global advisory services
Aon and NFP, a prominent middle-market property and casualty broker, have announced a definitive agreement for a major acquisition.