Tag: insurtech

Fruga raises £1m to cut the cost of insurance renewals

Fruga, a Manchester-based InsurTech using open banking to reward policyholders, has secured £1m in funding to expand its platform and help consumers bring down...

Building the foundations for successful AI adoption in insurance

In the race to adopt AI, many insurers might just assume that wherever the technology can be integrated, it will automatically provide the most...

ERGO NEXT unveils AI tool for 15-minute property inspections

ERGO NEXT Insurance, the digital-first insurer serving small businesses, has rolled out an AI-driven property inspection tool designed to shorten the time it takes...

Novacore expands US InsurTech footprint with Diesel acquisition

InsurTech and specialty insurance provider Novacore has agreed to acquire Diesel Insurance Solutions, a California-based managing general underwriter (MGU) specialising in cross-border trucking, physical...

Bind AI targets insurance brokers with inbox-native AI

InsurTech Bind AI has launched publicly with $10m in venture funding, offering an AI platform designed to automate commercial insurance workflows from submission intake...

Quensus bets on prevention data to tackle costly water claims

Escape-of-water claims remain a major cost for UK property insurers, prompting greater scrutiny of technologies that can detect leaks, automatically stop water flow and...

When compliance instincts cost you money at home

Years spent hunting for red flags can rewire the way compliance professionals see the world. Unusual transactions, oddly phrased emails and businesses that never...

Securian improves life cover with underwriting upgrades

Securian Financial, the US insurance and retirement products provider, has enhanced its VUL Defender variable universal life insurance product, combining greater cash value potential...

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 insurers need better decisions, not more technology

Despite increasing investment in cloud infrastructure, artificial intelligence (AI) and digital transformation, insurers continue to struggle to turn technological advances into faster business decisions....

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