Tag: technology in insurance

Root, the Columbus, Ohio-based parent company of Root Insurance Company, has announced a successful refinancing of its term loan facility.

INSHUR, the multi-award-winning embedded insurance provider for the on-demand economy, has recently closed a funding round securing $19m. This round was spearheaded by Viola Growth,...

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

Key US InsurTech investment stats in Q2 2024: US InsurTech funding dropped by 67% YoY during the second quarter The average deal size completed...

In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.

Supercede, a London-based reinsurance technology company, has successfully completed a $15m Series A funding round.

AXA, a global insurance and asset management behemoth, and Amazon Web Services  are setting the stage for a groundbreaking collaboration with the development of...

The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes.

The landscape of the insurance industry is undergoing a profound transformation, driven by rapid technological advancements.

PoloWorks, a pivotal entity within the Marco Capital Group, has joined forces with PwC UK to announce the initiation of PoloPartners.