Category : InsurTech

InsurTech News

Cavelo and DataStream Insurance Announce Business Alliance to Simplify MSP Cyber Insurance Questionnaire Process

EIN Presswire
by EIN Presswire0
Access to Enriched Cyber Risk Insights Help MSPs Unlock Lower Cyber Insurance Premiums Attack surface management technology provider Cavelo Inc. and DataStream Insurance, an award-winning cyber broker, announced a business alliance to help Managed Service Providers (MSPs) manage cyber risk, simplify cyber insurance processes and access lower cyber insurance premiums. As organizations face......
InsurTech News

Indemn Launches First AI Agent Copilot for Insurance Sales and Service

PR Newswire
by PR Newswire0
Indemn, the pioneering conversational insurance platform, announced the launch of its AI-powered Agent Copilot, a first-of-its-kind SaaS solution for insurance agents, Managing General Agents (MGAs), and insurers. The product delivers a next generation customer experience through natural language powered by GenerativeAI. Designed to work alongside the agent or broker, the......
Artificial Intelligence InsurTech News

Charlee.ai and Quick Silver Systems Partner to Bring AI-Based Predictions to the Mercury Platform.

EIN Presswire
by EIN Presswire0
Charlee.ai, a leading provider of AI-based solutions for the insurance industry, is excited to announce its partnership with Quick Silver Systems, a leading software solutions provider specializing in policy and claims administration. This partnership brings the Charlee.ai AI-Based predictive platform to the Mercury Platform further empowering insurers to make data-driven decisions.......
InsurTech News

Mylo Partners with Ascend Pushing the Modernization of the Insurance Industry Forward

PR Newswire
by PR Newswire0
Ascend, the leading provider of financial operations automation software to the insurance industry, is proud to announce its strategic partnership with Mylo, an insurtech leader connecting individuals and business owners with top-rated insurance products from over a hundred carriers across multiple coverage lines. An Orange Partner of Vertafore, Ascend aims......
InsurTech News

Cover Genius Closes $80M in Series E Funding as Investors See $700 Billion Opportunity in Embedded Protection

EIN Presswire
by EIN Presswire0
Investment defies tech slowdown as insurtech achieves 107% year-over-year (YOY) revenue growth and protects more than 30 million customers worldwide Cover Genius, the leading insurtech for embedded protection, announced its $80 million Series E funding round. Despite the tech funding slowdown, the round was led by Spark Capital with support from existing......
Digital Payments InsurTech News

OneShield Announces Partnership with One Inc to Enhance Digital Payment Solution Offering

PR Newswire
by PR Newswire0
OneShield, a leader in insurance technology solutions, is pleased to announce its partnership with One Inc, a leading provider of digital payment solutions for the insurance industry. One Inc’s payment products integrations will now be accessible through OneShield’s extensive customer-facing marketplace of products. This will empower insurance carriers to harness......
InsurTech News

Bold Penguin Teams Up With Salesforce Financial Services Cloud To Automate Commercial Insurance Lifecycle

PR Newswire
by PR Newswire0
Bold Penguin products are now available on Salesforce AppExchange, allowing customers to more easily transfer data between Salesforce Financial Services Cloud (FSC) and Bold Penguin in near real time Bold Penguin announced a collaboration with Salesforce, launching Bold Penguin Terminal and SubmissionLink on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts. The new product......
InsurTech News

Kanguro Insurance Expands into Renters Insurance in Texas Market

PR Newswire
by PR Newswire0
Kanguro Insurance, known for its innovative AI-driven pet health insurance plans, has announced its expansion into renters insurance, starting with the Texas market. The company is actively seeking partnerships with insurance agencies and property managers while offering a streamlined tech-forward product directly to consumers, particularly within Texas’s Latino community. “We recognize the need for......
InsurTech News

Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit

PR Newswire
by PR Newswire0
This event will provide valuable insights not found elsewhere and is designed for: carrier executives, entrepreneurs and investors, insurance technologists, wholesale and retail agents, and other professionals. Carrier Management announced the agenda and speakers for The InsurTech Summit 2024. This event will provide valuable insights not found elsewhere and is designed......
Guest Posts InsurTech

Parametric Insurance: Revolutionizing Traditional Insurance Models

Neha Batra
by Neha Batra0
Parametric insurance, a novel approach to risk management, represents a departure from traditional insurance methods. In contrast to indemnity-based insurance, where claims are assessed based on actual losses, parametric insurance operates on the principle of predefined triggers, typically related to weather benchmarks or other quantifiable parameters. This innovative model offers......
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