Category : InsurTech

Fintech InsurTech News

Glia Unveils Workers’ Compensation Suite Solution Integration with Insurity at Excellence in Insurance

PR Newswire
by PR Newswire0
Glia insurance leader Ryan Clissa keynotes the event, sharing actionable strategies for how insurers can unify interactions and effectively and responsibly leverage AI Glia, the leader in customer interaction technology, announced that it has expanded its partnership with Insurity, launching a new integration with Insurity’s Workers’ Comp Suite solution that enables insurers......
Artificial Intelligence Banking InsurTech News

Zingly Announces a Proven, Safe-AI Solution for Banks and Financial Institutions to Drive Revenue Growth with Cost Reduction

PR Newswire
by PR Newswire0
AI-driven platform helps financial institutions deliver personalized experiences to maximize customer acquisition, onboarding and wallet share in regulated environments Zingly.ai, the GenAI and digital-first CX Center provider, unveiled a suite of AI solutions to fuel revenue growth for banking, financial services and insurance (BFSI) institutions. These companies face increasingly complex customer inquiries,......
InsurTech News Risk Management

Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

GlobeNewswire
by GlobeNewswire0
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster Nasdaq announced it has developed an innovative......
InsurTech News

Excel Sets New Industry Standard with 1:1 Consent Compliance, Paving the Way for Ethical and Transparent Customer Acquisition

Cision PRWeb
by Cision PRWeb0
Excel, a leader in the insurance customer acquisition industry, is proud to announce the proactive implementation of enhanced 1:1 consent compliance across its Medicare, Health, Auto, Home, and Life insurance verticals. This initiative underscores the company’s commitment to consumer privacy and transparency, aligning with the latest industry regulations. Industry-Leading Compliance......
Fintech InsurTech News

Neutrinos Unveils New Intelligent Automation Platform, Unlocking Unmatched Digital Transformation Capabilities for Insurers

PR Newswire
by PR Newswire0
New Automation Platform with 60+ Pre-Built Assets to Accelerate Insurance Industry Reinvention  Neutrinos, a technology company that automates business processes for insurance enterprises, announced a major strategic shift with the launch of its new Neutrinos Intelligent Automation Platform. This next-generation platform represents a significant evolution in the company’s direction, moving......
InsurTech Investment Services News

COVU Secures an Additional $12.5 Million in Series A Funding

Business Wire
by Business Wire0
COVU, Inc., a leader in AI-native services for insurance agencies, announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total funding to date to over $20 million. The funding round attracted investment from......
Digital Payments InsurTech News

Ascend and Anzen Announce Strategic Partnership to Streamline Retail Financial Operations in Executive Risk Insurance

PR Newswire
by PR Newswire0
New Partnership Provides Wholesale Solutions with Seamless Payment Automation and AI-Powered Specialty Insurance Placement Ascend, a comprehensive financial operations automation platform, is excited to announce a strategic partnership with Anzen, the modern wholesale brokerage – offering extensive management, cyber, and professional liability markets for Executive Risk insurance. This collaboration equips......
Artificial Intelligence InsurTech News

OneShield Expands Technology Ecosystem with Charlee.ai, Enhancing AI Capabilities within their Core Platforms

PR Newswire
by PR Newswire0
OneShield, a leading provider of core system solutions to the insurance industry, is proud to announce a strategic alliance with Charlee.ai, an innovative AI platform specializing in machine learning and predictive analytics for insurance. This integration will empower insurers with more efficient and accurate claims processing, further enhancing OneShield’s commitment to providing......
Artificial Intelligence InsurTech News

EXL Launches Specialized Insurance Large Language Model (LLM) leveraging NVIDIA AI Enterprise

EIN Presswire
by EIN Presswire0
EXL, a leading data analytics and digital operations and solutions company, announced the launch of the EXL Insurance LLM, an industry-specific LLM. Building on EXL’s recently announced initiative with NVIDIA AI Enterprise, the EXL Insurance LLM is the first industry-specific LLM created to support critical claims and underwriting-related tasks, such as......
Fintech InsurTech News

arqu Secures $10 Million in Series A Funding to Accelerate Transformation in Wholesale Insurance

Business Wire
by Business Wire0
arqu, a tech-enabled wholesale insurance brokerage transforming how large-scale, complex commercial risks are transacted in the $100bn Excess & Surplus (E&S) market, announces its $10 million Series A financing, led by Crosslink Capital with participation from Intact Ventures. arqu also saw continued support from all existing investors, Lightspeed Venture Partners, Foxe Capital and Nationwide Ventures. “arqu is not......
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