The global insurance chatbot market has experienced enormous growth and is expected to hit nearly $4.5 billion by 2032.
Read moreAccording to a report by research firm Grand View Research, this segment is expected to grow by 52.7% annually between 2023 and 2030, and reach revenues of US$ 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…
FinTech Global has released the new edition of its InsurTech100 list, highlighting the top innovators addressing the critical challenges facing insurers. To compile the list, a panel of seasoned analysts and industry veterans meticulously reviewed over 2,100 nominations presented by FinTech Global. Each application was assessed on its ability to…
–BriteCore, the leading cloud-native core insurance platform for Property& Casualty insurance providers, is proud to announce its been named to the 2024 InsurTech100, Fintech Global's annual list of the world's most innovative insurance technology companies. “We are thrilled to recognize BriteCore as part of this year's InsurTech100,” said Richard Sachar,…
Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced it has been named to the FinTech Global 2024 InsurTech100 list. Selected by a panel of esteemed industry experts and analysts, the InsurTech100 is an annual recognition of the top 100 most forward-thinking companies worldwide at the forefront of…
One California-based data company is hoping its AI technology can be used to help fight insurance fraud across the industry.
LIMRA discusses the factors that will drive life insurance growth, as well as some challenges for carriers and agents.
Insurance carrier CEOs are more energized about AI and M&As than their counterparts in other industries, a recent KPMG survey finds.
Some of the key players profiled in the study are Salesforce, Microsoft, SAP, Vertafore, IBM, Applied Systems Inc., Oracle, Sapiens International Corporation, Adobe, Vertafore, IBM, ACI, Sinosoft, Hyland Software, Aptitude Software, EIS Group& HawkSoft. Download Sample Pages PDF@…
–Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced the launch of Ask Integrity™ Shoppers, an innovative enhancement to its revolutionary Integrity AI-powered and voice-activated assistant. "Through ongoing innovation and a focused…
A recent survey found approximately one in five retirement plan websites and mobile apps do not meet client expectations.
A recent amendment to the Biometric Information Privacy Act in Illinois could help insurance carriers avoid heavy damages.
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, has been honored by Datos Insights with a 2024 Insurance Technology Impact award for its Registered Index-Linked Annuity Digital Ecosystem. “We are honored to receive this recognition from Datos Insights, which highlights the work our teams have done to…
Digital transformation is dependent on and driven by modernizing your data.
An industry leader suggests insurers may be overlooking external AI exposures — and the emerging market it’s creating.
“Silent AI” refers to potential risks in traditional property and liability insurance policies that are associated with the use of artificial intelligence but are neither explicitly included nor excluded.
Investing in the right product technology is crucial for insurers to maintain compliance while also adapting quickly to regulatory changes.
Advisors could soon benefit from simpler integration of annuities if IRI is successful in developing a digital, standardized infrastructure.
