Category : InsurTech

Artificial Intelligence InsurTech News

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI

PR Newswire
Capital will accelerate growth and build upon Roots Automation’s made-for-insurance AI, enabling carriers, TPAs, brokers, and agents to drive significant improvements in overall business performance Roots Automation, creator of the AI-powered Digital Coworker and InsurGPTâ„¢, the world’s first generative AI model for insurance, announced the closing of a $22.2 million Series B funding round.......
Fintech InsurTech News

Ushur Launches AI-Powered Self-Service Solution to Modernize End-To-End Short-Term Disability Absence Engagement

EIN Presswire
Supports insurance carriers constrained by manual outreach for critical absence-related communications and information sharing Ushur, a leader in AI-powered Customer Experience Automation (CXA), announced the launch of an end-to-end solution for insurance carriers offering group and worksite benefits. The new Ushur solution is designed to streamline communications and information sharing......
InsurTech News

Nirvana Raises $24.2M Series A to Revolutionize Health Insurance Verification

Business Wire
Nirvana, a health tech company that brings radical transparency to eligibility and insurance verification with ML/AI, announced it has raised $24.2 million in Series A funding. Northzone, a global VC firm, led the round with the participation of Inspired Capital, Eniac Ventures, and Surface Ventures. We believe Nirvana has the......
InsurTech News

Quility Launches Switchboard Funnel, Offering Agents a Streamlined Approach to Sales and Engagement

PR Newswire
Award-winning insurtech, Quility, has announced the launch of its proprietary platform, Switchboard Funnel. Funnel brings life insurance agents an all-in-one sales enablement solution, delivering a simplified, intuitive and effective experience. From lead nurturing to product recommendations and quoting, Switchboard Funnel’s single interface encompasses every component of an agent’s workflow. In early......
Artificial Intelligence Cloud InsurTech News

Majesco Announces Trailblazing New AI Ecosystem Using Majesco Copilot with an Initial Cadre of Innovative AI Partners

Business Wire
Majesco, a global leader of cloud insurance platform software for insurance business transformation, is thrilled to announce the establishment of a new AI specific ecosystem leveraging Majesco Copilot to embed other industry models into Majesco Solution workflows with an initial cadre of partners. “This new AI ecosystem introduces a rapid......
Artificial Intelligence InsurTech News

Simplify Healthcare Unveils Simplify Healthcare AI: Pre-Built AI Solutions for Payers

Business Wire
Simplify Healthcare, a leading provider of enterprise SaaS solutions to Payers (health insurance companies), announced the launch of Simplify Healthcare AI — a suite of pre-built AI solutions for Payers designed to enhance sales, network performance, and service operations. This launch marks the next strategic step in the company’s AI......
Analytics InsurTech News

Ascend Unveils Direct Bill Automation Solution for Insurance Brokers

PR Newswire
Introducing the Only Comprehensive Platform for Agency Accounting Operations Ascend, the leading provider of accounting automation software to the insurance industry, is proud to announce the launch of Direct Bill Automation, a solution designed to streamline accounting workflows of processing, extracting, reconciling, and posting direct bill commissions. With this launch,......
InsurTech News

Sapiens Partners with Addresscloud to Enhance Insurers’ Geographic Risk Insights

PR Newswire
The partnership empowers insurers with enhanced risk evaluation and underwriting decisions Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced a partnership with Addresscloud, a cloud-based location intelligence provider, to empower insurers with enhanced capabilities to understand geographic risk and make more informed underwriting decisions......
InsurTech News

Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor

PR Newswire
Market leading software provider Azentio supercharges insurance offering through acquisition of cutting-edge technology stack Azentio Software , a leading end-to-end software company specializing in the BFSI sector,  announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product companies.......
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