Category : InsurTech

Business Fintech InsurTech News

Damco Solutions Announces Partnership With Omni:us To Enable AI-powered Transformation Of The Claims Journey For Insurance Companies

Fintech News Desk
by Fintech News Desk0
Damco Solutions Inc., leading technology solutions and digital services company, has announced the partnership with omni:us, an Artificial Intelligence as a Service (AIaaS) provider to fast-track insurers adoption of data-driven cognitive claims management. Read More: Ondot’s Card Management Platform Now Offers Digital Issuance Capability Backed with over two decades of IT......
Fintech InsurTech News

Sapiens Releases New Version of IllustrationPro and ApplicationPro Modules for Life & Annuities Market

Fintech News Desk
by Fintech News Desk0
Provides strong, digital, end-to-end experience and advanced self-sufficiency for agents and brokers Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, has announced the availability of a new version of Sapiens IllustrationPro and Sapiens ApplicationPro. The new release significantly increases value......
Business Fintech InsurTech News

Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington

Fintech News Desk
by Fintech News Desk0
Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation, announced today that it will complete five insurance acquisitions this quarter, adding over $100 million of combined annual revenue to its wholesale division. Read More: Earnix Enhances the Machine Learning, Automation And Personalization Capabilities of its Solution with New Robust Features “Insurance......
Fintech InsurTech News

Ignatica, DouBao & EasiTech Ink Deal to Digitise APAC Insurance Sector

Fintech News Desk
by Fintech News Desk0
New platform will speed innovation and new product development in APAC region Ignatica, DauBao and EasiTech said Friday they’re joining forces to create a new platform that will tap the full potential of the Asia-Pacific region’s burgeoning insurance sector. Read More: Gemini selects ClearBank as UK banking services provider The three said......
Fintech InsurTech News

Sapiens Joins Forces with LifeScore Labs to Innovate Life Insurance Underwriting

Fintech News Desk
by Fintech News Desk0
Partnership will bring machine learning models to life insurers’ mortality risk assessment, boosting accuracy and reducing underwriting costs  Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today a partnership with LifeScore Labs, a wholly owned insurtech subsidiary of Massachusetts Mutual Life......
Business Fintech InsurTech News

Admiral Seguros Banks On Shift Technology’s AI For Fraud Detection And Prevention

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry today announced that Admiral Seguros has adopted the company’s Shift Claims Fraud Detection. The insurer recognized Shift a leader in the application of Artificial Intelligence to claim analysis in order to prevent and combat......
InsurTech Investment Services News Risk Management

ACA Compliance Group Selected as a RegTech100 Company for 2021

Fintech News Desk
by Fintech News Desk0
The RegTech100 recognizes the most innovative RegTech companies transforming compliance, risk management, and cybersecurity in financial services. ACA Compliance Group (ACA), a leading provider of governance, risk, and compliance advisory services and technology solutions for financial services firms, announced today that it has been selected as a RegTech100 company for......
Fintech InsurTech News

Avalara Acquires Impendulo to Help Manage and Streamline Insurance Premium Tax Requirements

Fintech News Desk
by Fintech News Desk0
Avalara (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced that it has acquired Impendulo Limited, a London-based provider of insurance tax compliance solutions. Financial terms of the transaction were not disclosed. Led by Chris James, founder and managing director, Impendulo gives Avalara......
Banking Blockchain Featured Fintech InsurTech Mobile Banking

Top Technological Revolutions in Banking Over the Last Decade…

Fintech News Desk
by Fintech News Desk0
Financial Technology, (Fintech), like every other sector, is booming with many revolutionary changes and substantial development. The goal of Fintech companies is to provide their consumers with financial services which are highly efficient. Fintech in abundance has improved the utilization of financial services to its maximum potential by introducing technology......
Business Fintech InsurTech News

Assuredpartners Selects Vertafore’s Insurtech Solutions, Customer-first Approach & Vision For Modernization As Foundation For Next Phase Of Growth

Fintech News Desk
by Fintech News Desk0
Vertafore announced it has been selected by Florida-based AssuredPartners as the InsurTech provider for its Project Fusion. With offices in 38 states and two countries, the project will bring the AssuredPartners’ operations onto a single platform to provide a fully integrated, enterprise-wide InsurTech solution. Read More: Treasury Intelligence Solutions: Miltenyi Biotec Standardizes Corporate Payments and Bank......
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