Search Results for: claims cost

Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding
Fintech Investments News

Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding

Business Wire
by Business Wire0
Funding propels Upfort’s efforts to empower businesses in building cyber resilience Upfort, a cutting-edge cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures, with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round. This investment advances Upfort’s goal......
Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040
Finance Fintech

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040

Business Wire
by Business Wire0
60% of individuals aged 65 or older have not sought professional financial advice to prepare for retirement or to transfer their wealth Three-in-four consumers are interested in innovative life insurance offerings to help them age well, but insurers lack the product development capabilities The Capgemini Research Institute’s World Life Insurance......
Expert.ai Launches Enterprise Language Model for Insurance
Artificial Intelligence InsurTech News

Expert.ai Launches Enterprise Language Model for Insurance

PR Newswire
by PR Newswire0
ELMI offers insurers a cost-effective, accurate, and flexible language model built specifically to accelerate core processes from underwriting to claims Expert.ai unveiled its “Enterprise Language Model for Insurance” – ELMI, a cutting-edge innovation in domain trained language models, set to help insurers reach their process automation and digital transformation goals......
Pega Infuses AI into Pega Smart Dispute to Streamline Chargeback Processes
Banking News

Pega Infuses AI into Pega Smart Dispute to Streamline Chargeback Processes

PR Newswire
by PR Newswire0
Latest version of market-leading disputes management solution helps banks speed case resolutions Pegasystems Inc., the low-code platform provider empowering the world’s leading enterprises to Build for Change, announced new enhancements in Pega Smart Dispute to help retail banks streamline time-consuming chargeback processes. By infusing its Pega Process AI technology into the software, Pega......
Introducing Turkeys.io: A Revolutionary Crypto Project Bringing Fun and Profit Together
Blockchain Cryptocurrency News

Introducing Turkeys.io: A Revolutionary Crypto Project Bringing Fun and Profit Together

GlobeNewswire
by GlobeNewswire0
Join Turkeys.io: The Ultimate Crypto Racing Game with On-chain Betting! Race, Bet, and Farm Your Way to Crypto Success. Turkeys.io, a groundbreaking crypto project, is set to take the crypto world by storm with its unique and exciting turkey racing game and innovative betting telegram bot. Turkeys.io is designed to......
biBERK Business Insurance Provides Valuable Insight with its Comprehensive Guide for Commercial Auto Insurance
InsurTech News

biBERK Business Insurance Provides Valuable Insight with its Comprehensive Guide for Commercial Auto Insurance

GlobeNewswire
by GlobeNewswire0
Everything You Need to Know About Commercial Auto Insurance If your business owns or leases vehicles, you need commercial auto insurance. It’s common for owners of small businesses to believe that their personal auto policy will cover their work cars or trucks. However, that may not be the case. To ensure......
PatientPay Announces Partnership with SlicedHealth
Digital Payments News

PatientPay Announces Partnership with SlicedHealth

Business Wire
by Business Wire0
PatientPay, the leading patient payments partner for acute, ambulatory, and specialty care, announced a partnership with SlicedHealth, a team of experienced healthcare industry veterans providing healthcare technology solutions. These solutions aid community and rural health systems, specialty group practices, and ambulatory surgery centers in tackling challenges like narrow margins, escalating......
Artificial Intelligence Digital Featured Fintech Technology

Risks Associated With the Integration of Deficient Chatbots

Pooja Choudhary
by Pooja Choudhary0
Summary Introduction Chatbot use in consumer finance Exclusive industry insights Use of large language models and AI Growth and adoption in the financial industry Problems consumers encountered while engaging with chatbots Technical limitations and associated security risks The perils of implementing flawed chatbots Conclusion Introduction Chatbots are computer programs that......
Verisk Modernizes System to Combat Insurance Fraud in Israel
InsurTech News

Verisk Modernizes System to Combat Insurance Fraud in Israel

GlobeNewswire
by GlobeNewswire0
Digitization of insurance has led to rising consumer expectations for a simpler and faster claims experience Verisk announced the launch of its new ClaimSearch system in Israel. Developed in collaboration with the Israel Insurance Association and with the backing of the government, this state-of-the-art, cloud-based system aims to revolutionize the......
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