The latest insurtech trends and technologies, and their applications across the insurance industry.
Live from the ITC 2024 Vegas conference, InsuranceNewsNet Publisher Paul Feldman interviews leaders from Xcela, an AI-driven platform designed to simplify and accelerate the insurance sales and underwriting processes.
Live from ITC 2024 Vegas, InsuranceNewsNet Publisher Paul Feldman interviews Matthew Segreti, CTO of LIDP, a firm specializing in policy administration for life and annuity products.
Live from ITC Vegas, discover how Emtech is helping Insurance Companies and Insurtechs transform their QA their software projects faster and more efficiently than ever.
With the top U.S. cybersecurity official making her exit, the incoming administration’s next move anyone’s guess.
While insurance companies are concerned about emerging AI fraud challenges, an industry expert suggests they focus on the basics for now.
Managing General Agents (MGAs) are increasingly turning to technology to stay competitive and drive innovation in the insurance industry.
Cloud technologies are already making a difference for agents, and they’re becoming more powerful by the day.
Here are seven top AI trends worth following.
A few key trends and developments are expected to define the insurance industry’s future.
Insurtechs and insurers leveraging AI are considering whether to build or buy their solutions. What’s the best answer?
Generative AI has led to constructive disruption in the insurance industry, helping streamline operations, enabling more tailored and profitable product offerings, improving fraud detection, and supporting faster, more informed policyholder services in policy and claims management.
NEW YORK, Dec. 5– The Depository Trust and Clearing Corp., a provider of clearing and settlement services to the financial markets, issued the following news release:. New DTCC Survey highlights that 55% of respondents believe there is a high or very high chance of a high-impact systemic event in 2025. New York/ London/ Hong Kong/ Singapore/ Sydney, December 4, 2024- The…
Patrick T. McHenry, R- North Carolina, chairman of the House Financial Services Committee, issued the following news release:. Ahead of a hearing to examine how technology is shaping the future of finance, the Chairman of the House Financial Services Committee, Patrick McHenry, and Ranking Member Maxine Waters introduced two bipartisan measures highlighting…
–BrokerTech Ventures, the world’s largest broker-led accelerator and insurtech community, announced today the addition of Leavitt Group as a partner. Leavitt Group, one of the nation’s largest privately held insurance brokers headquartered in Cedar City, Utah, joins 13 brokers and 14 carriers, wholesalers, and community partners to strengthen the vast BTV…
For the first time in the company's history, Root Inc. recorded a quarterly net income profit. The Columbus, Ohio- based parent company of Root Insurance founded in 2015 recorded third quarter net income of about $23 million compared to a net loss of about $46 million a year ago during the same period. For the year thus far, Root Inc. is also in the positive with net…
NEW YORK, NY, UNITED STATES, November 6, 2024/ EINPresswire.com/– MIC Global, a pioneering full-stack embedded micro insurance provider, is pleased to announce a new partnership with leading InsurTech company VOOM Insurance, to provide reinsurance to its rideshare business. This strategic collaboration aligns perfectly with MIC’ s mobility book and…
Prudential Financial, a financial services company, issued the following news:. Prudential Financial, Inc., a global financial services leader, has announced a strategic partnership with 123 Seguro, a leader in digital insurance transformation in Latin America and one of the region's largest digital insurance platforms. Beginning in 2024, Prudential and…
According to a report by research firm Grand View Research, this segment is expected to grow by 52.7% annually between 2023 and 2030, and reach revenues of US$ 152.43 million during this period. "The trend is for insurance companies, brokers and policyholders to increasingly adopt technologies to improve operational efficiency, enhancing experiences and…
We’re witnessing a revolution in the insurance industry, and it’s all thanks to insurtech. This exciting blend of insurance and technology is shaking things up, bringing fresh ideas and cutting-edge solutions to a sector that’s been around for centuries. According to FintechZoom.com, insurtech is transforming how insurers operate, making insurance more accessible, efficient,…
An Overview of the Insurtech Market: Current Trends, Industry Analysis& Opportunities, and Forecast. NEW CASTLE, DE, UNITED STATES, October 9, 2024/ EINPresswire.com/– Allied Market Research recently released a report focuses on the“ Insurtech Market.” According to the research report, the global insurtech sector is predicted to gain a revenue of $158,994.52…
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