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Insurtech

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October 16, 2024
Image shows a line of people and the Haven Technologies logo.
MassMutual is shuttering Haven Technologies.

MassMutual to shut down insurtech subsidiary as Haven brand fades

Massachusetts Mutual Life Insurance Co. is folding its insurtech subsidiary Haven Technologies at the end of the year.

October 15, 2024
Illustration of a precision measuring tool with the letters "EXL" overlapping. NVIDIA-partner-EXL-develop-most-accurate-insurance-AI-model.

EXL, NVIDIA develop ‘most accurate’ AI insurance model

A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry.

October 14, 2024
Photo illustration of a large rusty, old metal dollar sign against a backdrop of junk. Junk-fees-crackdown-a-win-win-for-insurtechs-expert-says.

‘Junk fees’ crackdown a ‘win-win’ for insurtechs, expert says

Insurtechs should view a “junk fees” crackdown as an opportunity to show value and establish trust, Cover Genius CRO says.

October 11, 2024
Illustration of a small robot asking "How can I help you?" dawn-of-a-new-era-Insurance-chatbot-industry-to-hit-45B-by-2032.

‘Dawn of a new era’: Insurance chatbot industry to hit $4.5B by 2032

The global insurance chatbot market has experienced enormous growth and is expected to hit nearly $4.5 billion by 2032.

Insurtech market could reach over US$ 150 billion by 2030

October 10, 2024

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…

FintechZoom.com Explains Insurtech: Impact and Future

October 9, 2024

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,…

Insurtech Market: An Overview of the Current Trends, Industry Analysis & Opportunities, and Forecast (2021–2030)

October 9, 2024

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…

Seventh annual InsurTech100 names the companies transforming the insurance industry

October 9, 2024

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 Recognized as an InsurTech 100 Company

October 9, 2024

–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 Named to the InsurTech100 List for the Second Time

October 9, 2024

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…

October 3, 2024
Photo illustration of a robot battling with a suspicious looking dark figure. How-one-AI-solution-is-helping-to-tackle-insurance-fraud.

How one AI solution is aiming to help tackle insurance fraud

One California-based data company is hoping its AI technology can be used to help fight insurance fraud across the industry.

October 2, 2024
Graphic illustration of a person watching financial information graphs on a computer. Interest-rates-AI-usage-among-factors-to-drive-whole-life-insurance-growth.

Interest rates, AI usage among factors to drive whole life insurance growth

LIMRA discusses the factors that will drive life insurance growth, as well as some challenges for carriers and agents.

September 30, 2024
Photo illustration of an insurance executive standing next to a robot. Insurance-CEOs-leaning-into-AI-MAs-survey-finds.

Insurance CEOs leaning into AI, M&As, survey finds

Insurance carrier CEOs are more energized about AI and M&As than their counterparts in other industries, a recent KPMG survey finds.

Life Insurance Software Market Is Booming So Rapidly with Adobe, Vertafore, Salesforce, EIS Group

September 25, 2024

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 Expands AI-powered MedicareCENTER by Introducing Revolutionary Ask Integrity™ Shoppers to Better Serve Consumers this Annual Enrollment Period

September 24, 2024

–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…

September 24, 2024
Photo illustration of person looking with alarm at a retirement website. Poor-website-design-could-be-hindering-Americans-retirement-planning-study-finds.

Poor website design could be hindering Americans’ retirement planning, study finds

A recent survey found approximately one in five retirement plan websites and mobile apps do not meet client expectations.

September 13, 2024
Photo illustration showing a persons head surrounded by biometric data, wht the state seal of Illinois overlaying the image. Illinois-biometric-law-amendment-brings-relief-to-carriers.

Illinois biometric law amendment brings relief to carriers

A recent amendment to the Biometric Information Privacy Act in Illinois could help insurance carriers avoid heavy damages.

Jackson Wins Datos Insights Insurance Technology Impact Award

September 6, 2024

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…

September 5, 2024

Data migration and modernization myths debunked

Digital transformation is dependent on and driven by modernizing your data.

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