Category : InsurTech

Big Data Fintech InsurTech Investment Services News

Global Atlantic Selects Clearwater for Data Automation, Investment Accounting, and Complex Asset Class Support

Fintech News Desk
by Fintech News Desk0
Clearwater Analytics announced that Global Atlantic Financial Group has selected Clearwater as its provider of investment data management, accounting, and reporting. Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms “This is a technology that will create key opportunities — rather than apply......
Fintech Guest Posts InsurTech Risk Management

What You Need To Know About SOC 2

Jordan MacAvoy
by Jordan MacAvoy0
Nowadays, businesses are storing vast amounts of customer data, making security a primary concern. One of the compliance standards that have been established to ensure the safety of data is SOC 2. Here is a brief overview of SOC 2 with a few tips on how to become compliant. What......
Fintech InsurTech News

How the Travel Insurance Industry Is Reacting to COVID-19

Fintech News Desk
by Fintech News Desk0
In response to travelers worldwide being impacted by COVID-19, travel insurance providers are already making policy changes to address new concerns and the future of travel. Travel insurance comparison site, Squaremouth.com, spoke with ten leading travel insurance providers to reveal four ways travel insurance is evolving because of COVID-19. Read......
Fintech InsurTech News

InsureMyTrip Reports “Voucher Travel Insurance” On The Rise

Fintech News Desk
by Fintech News Desk0
With a surge of canceled trips due to the COVID-19 pandemic, InsureMyTrip anticipates higher demand for “voucher travel insurance”, once travel resumes. This week, the travel insurance comparison site has already reported an uptick in inquiries from voucher recipients seeking comprehensive travel insurance for future trips. “Right now, travel vouchers......
Fintech InsurTech News

Woodruff Sawyer Adopts CyberCube’s Broking Manager

Fintech News Desk
by Fintech News Desk0
US-based Insurance brokerage Woodruff Sawyer has partnered with CyberCube to become one of the first organizations to leverage CyberCube’s “Broking Manager” in its insurance advisory services. Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software Insurance brokerage @Woodruff Sawyer has become......
Artificial Intelligence Fintech InsurTech News

Frost & Sullivan Names Shift Technology 2020 Global Claims Solutions for Insurance Market Leadership Award Winner

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions, announced the company was named the 2020 Global Claims Solutions for Insurance Market Leadership Award Winner by Frost & Sullivan. The information and growth consulting organization’s “Best Practices Awards” are independent, research-backed accolades that identify the market’s true leaders and......
Artificial Intelligence Fintech InsurTech News

Ping An’s Object Detection Model Breaks Record in International Computer Vision Competition

Fintech News Desk
by Fintech News Desk0
Ping An Insurance (Group) Company of China, Ltd. announced that the computer vision object detection model developed by Ping An Technology (Shenzhen) Co., Ltd. (hereafter “Ping An Technology”) has set a new record in the PASCAL VOC Challenge, one of the most authoritative competitions in the world to assess the design......
Capital Markets Fintech InsurTech News

Pie Insurance Raises $127 Million in Latest Financing

Fintech News Desk
by Fintech News Desk0
Small business-focused insurtech will use funds to increase growth and expand operations Pie Insurance, one of the fastest-growing insurtechs in the country, announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined Pie’s current investors in the capital raise, including Greycroft, SVB Capital, Aspect Ventures,......
Banking Fintech InsurTech News

GoBear Accelerates Its Transformation to Become Asia’s Leading Financial Services Platform With US$17M Fundraise

Fintech News Desk
by Fintech News Desk0
GoBear, Asia’s leading financial services platform for insurance, banking and lending products – has raised US$17M from Walvis Participaties and Aegon N.V to accelerate its transformation into a full-fledged financial services platform. “To truly improve financial health in Asia we must address the approximately 300 million people in our markets that remain underserved by existing banking and insurance services. GoBear’s transformation......
Business Fintech InsurTech News

InsurTech Leaders Partner to Equip Independent Agents With Tailored Business Solutions

Fintech News Desk
by Fintech News Desk0
Agencies and insureds benefit from Vertafore’s CRM integration and industry partnerships Vertafore announced the expansion of its open agency management system architecture with the addition of five new members to the Vertafore Orange Partner Program and the release of AMS360 Connect™. The new integrations of leading business solutions with Vertafore......
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