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.
The potential for artificial intelligence to transform underwriting workflows has caught up to the surety bonding industry.
The legacy technology systems that many insurers rely on are holding them back. Still, it’s unsustainable for insurers to keep kicking the can down the road long-term, according to a new study.
With many Americans’ retirement savings falling far short of what they really need for long-term financial security, technology could be leveraged to help close the gap.
According to the Big ‘I’, two-thirds of independent agencies plan to increase their AI usage in the next 12 months.
Technology tools work best when they complement the role of advisors.
A look at AI-to-AI claims settlement and what it could mean to policyholders.
State insurance regulators moved closer Tuesday to launching a multistate pilot of a new artificial intelligence system evaluation tool this spring.
Fintech company Block said Thursday that it's cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of payment services Square and Cash App saw its stock surge by more than 23% in after-hours trading after making the layoff announcement. Jack Dorsey, the co-founder…
The Federal Reserve issued the following speech on Feb. 17, 2026, by Governor Michael S. Barr at the New York Association for Business Economics:. What Will Artificial Intelligence Mean for the Labor Market and the Economy? Thank you for the invitation to speak to you today./ 1 Before I get into my main topic, I wanted to share my current views on the economy and monetary…
Riverbed, the leader in AIOps for observability, today released Financial Services industry findings from its global survey,‘ The Future of IT Operations in the AI Era,’ which examines the level of AI readiness across the Financial Services Sector. The results highlight a growing implementation gap as organizations move from AI ambition to real-world impact.
Alaffia Health, the leader in agentic AI for health plan claims operations, today announced a $55 million Series B financing, led by Transformation Capital, with participation from insiders including FirstMark Capital, Tau Ventures, and Twine Ventures. Founded in 2020 by sibling duo TJ Ademiluyi and Adun Akanni, Alaffia was built to address these challenges,…
The Information Technology Industry Council is encouraging the National Institute of Standards and Technology to provide more guidance on risk management and agentic artificial intelligence, in comments on a preliminary draft profile of the NIST cybersecurity framework focused on AI. ITI says the“ the Profile could be strengthened by addressing…
-The Trump Aainistration is set to revisit regulations on data privacy and consumer protections between banks and financial technology firms such as Venmo. Paul Watkins, managing partner at Fusion Law, called the provision an "essential part of our financial lives." The Biden Administration then formalized the largely untouched provision in 2024 to give…
A former Michigan pharmacist and his brother were sentenced to eight and five years in federal prisonfor orchestrating a years-long health care and wire fraud scheme that defrauded Medicare, Medicaid and Blue Cross Blue Shield of Michigan of more than $15 million. Prosecutors said Raad Kouza, 59, and Ramis Kouza, 46, systematically billed insurers for…
The insurance industry is facing a shortage of personnel. Professionals known as underwriters are retiring, fewer and fewer young professionals are joining the business, and companies are trying to fill the gap with workflow management tools. At the same time, the volume of applications is growing. The gap between the industry’s needs and its capacity to…
The rapid integration of AI systems into everyday business operations has left many insurers wondering: Who pays when an AI makes a mistake? The post Insurers Scale Back AI Coverage Amid Fears of Billion-Dollar Claims appeared first on TechRepublic.
General Medicine co-founder TJ Parker spoke with Fierce Healthcare about how the startup's approach is different than the first wave of DTC digital health companies and how it's bridging primary care and specialty care.
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