Search Results for: insurance sector

UserTesting Global Survey: 88% of Adults Prefer Human Assistance for Insurance Advice, but AI Interest is Rising
Artificial Intelligence Finance Fintech News

UserTesting Global Survey: 88% of Adults Prefer Human Assistance for Insurance Advice, but AI Interest is Rising

Business Wire
by Business Wire0
On a global basis, 10% of adults would rather sit in traffic than deal with insurance enrollment, but 37% are open to AI-powered advice in the future UserTesting, a SaaS leader in experience research and insights, today released findings from a global survey on consumer experiences with insurance and artificial intelligence......
Nirvana Raises $24.2M Series A to Revolutionize Health Insurance Verification
InsurTech News

Nirvana Raises $24.2M Series A to Revolutionize Health Insurance Verification

Business Wire
by Business Wire0
Nirvana, a health tech company that brings radical transparency to eligibility and insurance verification with ML/AI, announced it has raised $24.2 million in Series A funding. Northzone, a global VC firm, led the round with the participation of Inspired Capital, Eniac Ventures, and Surface Ventures. We believe Nirvana has the......
Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor
InsurTech News

Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor

PR Newswire
by PR Newswire0
Market leading software provider Azentio supercharges insurance offering through acquisition of cutting-edge technology stack Azentio Software , a leading end-to-end software company specializing in the BFSI sector,  announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product companies.......
APOLLO and Payquad Solutions Expand Partnership to Provide Renters Embedded Digital Insurance
InsurTech News

APOLLO and Payquad Solutions Expand Partnership to Provide Renters Embedded Digital Insurance

Business Wire
by Business Wire0
APOLLO Insurance, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, has expanded its partnership with Payquad Solutions to embed tenant insurance directly into Payquad’s workflows, providing renters easy and seamless access to tenant insurance. “Apollo Insurance Solutions Ltd. and its subsidiaries” APOLLO’s platform launched......
Artificial Intelligence Guest Posts InsurTech Security

How AI Is Enabling Advanced Fraud Detection for Insurance Claims

Mubbin Rabbani
by Mubbin Rabbani0
In the ever-evolving landscape of insurance, detecting fraudulent claims is a critical yet challenging task. Traditional methods have often fallen short, leaving insurers vulnerable to sophisticated fraud schemes. However, advanced artificial intelligence (AI) and machine learning (ML) techniques are revolutionizing this space, notably through the use of cohort analysis, to......
OpenDialog Launches Insurance AI Co-Pilot to Transform Operational Efficiency for Insurance Providers
InsurTech News

OpenDialog Launches Insurance AI Co-Pilot to Transform Operational Efficiency for Insurance Providers

EIN Presswire
by EIN Presswire0
OpenDialog, a leader in conversational AI, announces the launch of its Insurance AI Co-Pilot, a cutting-edge solution designed for insurers, brokers, and MGAs. This innovation is set to transform productivity across teams, improve operational efficiency, and elevate customer service for policyholders. The Insurance AI Co-Pilot tackles key challenges in the insurance......
Altana Closes $200M Series C to Enable the Public and Private Sectors to Take Command of Global Value Chains
Fintech Investments News

Altana Closes $200M Series C to Enable the Public and Private Sectors to Take Command of Global Value Chains

Business Wire
by Business Wire0
With a valuation of $1B, the funding round was led by Thomas Tull’s US Innovative Technology Fund Altana, the world’s first Value Chain Management System, today announced a $200 million Series C investment led by Thomas Tull’s US Innovative Technology Fund (USIT). The funding round included participation from March Capital,......
Luma Financial Technologies Partners with Gradient Insurance Brokerage to Offer Advanced Annuity Tools to KonnexME Platform
Finance Fintech News

Luma Financial Technologies Partners with Gradient Insurance Brokerage to Offer Advanced Annuity Tools to KonnexME Platform

Business Wire
by Business Wire0
Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products, and annuities platform, is pleased to announce their latest partnership with Gradient InsuranceBrokerage, LLC (“Gradient”), an independent marketing organization specializing in fixed annuities and life insurance. This collaboration is poised to empower Gradient’s proprietary KonnexME platform, equipping financial services......
Quility Launches New Whole Life Insurance Offerings, Further Expanding Products Available on Their Navigator Platform
Finance Fintech News

Quility Launches New Whole Life Insurance Offerings, Further Expanding Products Available on Their Navigator Platform

PR Newswire
by PR Newswire0
Award-winning insurtech company, Quility, announces the launch of Quility Secure Future Complete (QSFC) underwritten by United Home Life Insurance Company (UHL) and United Farm Family Life Insurance Company (UFFL). This new portfolio of instant-decision whole life insurance offerings includes four unique products: Express Issue Premier, Express Issue Deluxe, Express Issue......
Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate
Fintech News

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate

PR Newswire
by PR Newswire0
Deloitte’s 2024 Financial Services Industry Predictions reports highlight trends that have the potential to impact innovation and growth as well as risk and resiliency Deloitte released its “2024 Financial Services Industry Predictions,” which outlines some of the most significant emerging trends across the financial services industry over the next three......
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