Tag: insurtech

EIS, a leading provider of Software as a Service (SaaS) platforms for the insurance industry, is set to introduce ClaimSmart™, an intelligent cloud solution designed to revolutionise claims management.

Qover, a prominent InsurTech, has collaborated with UK-based credit card FinTech Yonder in a bid to provide seamless and comprehensive travel insurance coverage to Yonder's members. 

Akur8, a pioneer in insurance pricing solutions using Transparent AI, is delighted to announce the enhancement of its partnership with the Baltic branches of PZU Group, a leading financial powerhouse in Central and Eastern Europe.

Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.

Verisk, a premier global data analytics and technology provider, has partnered with Seek Now to enhance the claims assessment process in the property insurance sector.

Borderless AI, a revolutionary startup at the forefront of the Employer of Record (EOR) industry, has secured $27m in seed funding, the company is set to redefine the global HR landscape with its cutting-edge AI technology.

+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

Web Connectivity Limited (WCL), a subsidiary of Zywave, has agreed a deal to supply ACORD4ALL mappings to Velonetic in support of Blueprint Two adoption in the London Market.

Blink Parametric and Zurich Insurance in Asia Pacific have teamed up to offer a flight delay solution that will provide customers with real-time flight delay benefits.

In the ever-evolving landscape of banking, financial services, and insurance (BFSI), a groundbreaking movement is underway, poised to revolutionise traditional operations and service delivery. At the forefront of this transformation is Intelligent Process Automation (IPA) – a pioneering blend of Artificial Intelligence (AI) and advanced process automation technologies. IPA is not merely an incremental improvement; it represents a paradigm shift, specifically engineered to automate written inquiries. InsurTech firm Simplifai investigates this pioneering technology.