Search Results for: Insurance

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims
Artificial Intelligence Finance Fintech News

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims

GlobeNewswire
by GlobeNewswire0
Five Sigma’s AI-powered claims processing meets Vitesse’s real-time payments to drive faster, transparent insurance disbursement Vitesse, a leading global treasury and payment provider for the insurance industry, and Five Sigma, a pioneer in AI-native claims management technology, today announced a strategic partnership to modernize claims payouts. This announcement comes at......
Artificial Intelligence Banking Cloud Featured Finance Fintech InsurTech Robotic Process Automation

The Impact of Embedded Insurance on InsurTech

Fintech Staff Writer
by Fintech Staff Writer0
As the insurance industry undergoes a quiet revolution, embedded insurance has emerged as a transformative force, reshaping how protection is offered and consumed. Driven by advancements in technology and evolving consumer behaviors, this innovative model integrates insurance coverage seamlessly into the purchase of products or services. Unlike traditional standalone policies,......
Nirvana Insurance Secures $80 Million Series C to Redefine Commercial Insurance with AI
Artificial Intelligence InsurTech News

Nirvana Insurance Secures $80 Million Series C to Redefine Commercial Insurance with AI

PR Newswire
by PR Newswire0
Nirvana Insurance, the leading AI-driven commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. This round came after a momentous year for Nirvana, which exceeded $100 Million in Premiums, more than doubling year over year. The round was led by General Catalyst with continued support......
Outmarket AI Secures $4.7M to Revolutionize Insurance With AI-Powered Insights & Automation
Artificial Intelligence Finance Fintech Investments News

Outmarket AI Secures $4.7M to Revolutionize Insurance With AI-Powered Insights & Automation

Business Wire
by Business Wire0
Outmarket AI, an intelligence platform purpose-built to transform commercial insurance, has launched with $4.7 million in seed funding, the company announced today. The round was led by Fika Ventures, with participation from TTV and Dash Fund. This investment will accelerate Outmarket’s platform innovation, team expansion and strategic partnerships with leading......
CoverForce Secures $13 Million in Series A Funding Led by Insight Partners to Build Infrastructure and Connectivity Between Insurance Carriers and Agencies
Fintech InsurTech News

CoverForce Secures $13 Million in Series A Funding Led by Insight Partners to Build Infrastructure and Connectivity Between Insurance Carriers and Agencies

PR Newswire
by PR Newswire0
CoverForce, a leading infrastructure platform for commercial insurance, announced a $13 million Series A funding round led by global software investor Insight Partners with participation from Nyca Partners. The investment will accelerate CoverForce’s mission as a leading marketplace for quote-and-bind API connections, enabling seamless digital interactions between insurance carriers, agencies,......
Palantir and TWG Global Announce Joint Venture to Deploy AI Program Across Financial Services and Insurance
Artificial Intelligence Finance Fintech News

Palantir and TWG Global Announce Joint Venture to Deploy AI Program Across Financial Services and Insurance

Business Wire
by Business Wire0
Palantir Technologies Inc. announced a joint venture to redefine AI deployment in banking, investment management, insurance and other financial services. By pairing Palantir’s unmatched AI infrastructure with TWG’s deep expertise in business operations and financial services, this initiative will enable financial institutions to integrate AI at scale—moving beyond fragmented, piecemeal......
DXC and ServiceNow to Drive AI-powered Innovation for the Insurance Industry
Artificial Intelligence Finance Fintech News

DXC and ServiceNow to Drive AI-powered Innovation for the Insurance Industry

PR Newswire
by PR Newswire0
ServiceNow and DXC expand their strategic partnership to combine DXC’s industry-leading software and expertise with ServiceNow’s AI-enabled platform DXC Technology, a leading Fortune 500 global technology services provider, today announced new offerings with ServiceNow, the AI platform for business transformation, to modernize the insurance industry. As an Elite partner, DXC......
Millennials Lead in AI Comfort and Trust, While Gen Z Emerges as Key Audience for AI-Driven P&C Insurance Solutions, Insurity Survey Finds
Artificial Intelligence Fintech InsurTech News

Millennials Lead in AI Comfort and Trust, While Gen Z Emerges as Key Audience for AI-Driven P&C Insurance Solutions, Insurity Survey Finds

Business Wire
by Business Wire0
The Insurity 2025 AI in Insurance Report reveals generational divides in AI adoption and trust, highlighting critical insights for insurers navigating the future of P&C insurance Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced new findings from its 2025 AI in Insurance Report, shedding......
Survey: 78% of Insurance Execs Say Closing $1.8 Trillion Protection Gap Is an Ethical Obligation
Fintech InsurTech News

Survey: 78% of Insurance Execs Say Closing $1.8 Trillion Protection Gap Is an Ethical Obligation

PR Newswire
by PR Newswire0
More than 500 insurance leaders weigh in on risks, opportunities and trends to watch through 2040 The global protection gap – the difference between insured and uninsured losses across life, health, natural catastrophe and crop insurance – was last estimated at $1.8 trillion. A new “future of insurance” survey of more than 500......
Dnotitia and Finders Establish Strategic Partnership to Develop AI-driven Insurance Solution
Fintech InsurTech News

Dnotitia and Finders Establish Strategic Partnership to Develop AI-driven Insurance Solution

EIN Presswire
by EIN Presswire0
Dnotitia and Finders accelerate AI innovation in the insurance sector through LLM, vector database, and RAG for improved AI accuracy Dnotitia, (Dnotitia), an innovative AI-driven startup that merges artificial intelligence (AI) with data to drive transformative value, has announced a strategic Memorandum of Understanding (MOU) with Finders. Finders, Korea’s only......
1