Search Results for: claims management

Parametric Insurance: Revolutionizing Traditional Insurance Models
Guest Posts InsurTech

Parametric Insurance: Revolutionizing Traditional Insurance Models

Neha Batra
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......
Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services
Artificial Intelligence News

Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services

Fintech News Desk
The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced a multi-year global agreement with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen......
Exploring Blockchain Technology
Blockchain Featured Fintech

Exploring Blockchain Technology 

Prajakta Ayade
Blockchain technology, the fundamental idea behind cryptocurrencies like Bitcoin, is changing many industries. Initially conceptualized as a decentralized ledger system to facilitate secure digital transactions, its applications have expanded far beyond finance. Blockchain technology has emerged as a revolutionary force, disrupting traditional systems and bringing in a new era of......
The Vertex Companies, LLC Acquires TriLogix Consulting, LLC
News Risk Management

The Vertex Companies, LLC Acquires TriLogix Consulting, LLC

PR Newswire
Acquisition Expands Suite of Solutions for Sureties, Attorneys, General Contractors, Construction Lenders, Financiers, and Other Property Stakeholders The Vertex Companies, LLC (“Vertex”) is pleased to announce the acquisition of TriLogix Consulting, LLC (“TriLogix”), a highly respected construction claims, scheduling, and risk management firm that is based out of New Jersey and offers its......
Majority of Online Retailers Leave +40% of Chargebacks Undisputed, Contributing to Lost Revenue and Eroding Profits
Digital Payments Finance Fintech

Majority of Online Retailers Leave +40% of Chargebacks Undisputed, Contributing to Lost Revenue and Eroding Profits

Fintech News Desk
The survey reveals significant and avoidable revenue losses for businesses at a time when the economic backdrop continues to be unstable and many are fighting for survival, prompting merchant respondents to highlight the need for AI and automation to improve some or all of the processes. Riskified, a company in......
Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding
InsurTech News

Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding

PR Newswire
The investment has already enabled the acquisition of Ismac.io, which developed an innovative Managed Detection and Response (MDR) platform. Bluecyber.insure, a pioneering insurtech in cyber insurance in Brazil, has received a $1.5 million investment from VCs Invisto.com.vc and Bossa Invest, as well as strategic investors from the insurance market. “This investment reflects the......
Burford Capital Releases New Study on Litigation Portfolios
Finance News

Burford Capital Releases New Study on Litigation Portfolios

Fintech News Desk
To better understand how in-house lawyers and finance professionals expect dual issues of cost management and value generation to evolve in the years ahead, Burford commissioned independent research with 400 GCs, heads of litigation, senior in-house lawyers, CFOs and other leaders responsible for litigation decision-making in their companies. By Global......
Incisiv Collaborates Wynshop To Conduct a Study
Commerce News

Incisiv Collaborates Wynshop To Conduct a Study

Fintech News Desk
 Grocery Doppio’s January 2024 Digital Grocery Performance Scorecard reveals grocer and shopper sentiment on retail media deployment, alongside the latest insights from grocery industry sales data.  By Global FinTech Series News Desk Incisiv, an industry insights firm that helps retailers and brands navigate digital disruption, and Wynshop, the provider of......
New IBM LinuxONE 4 Express to Offer Cost Savings and Client Value through a Cyber Resilient Hybrid Cloud and AI Platform
Cloud News

New IBM LinuxONE 4 Express to Offer Cost Savings and Client Value through a Cyber Resilient Hybrid Cloud and AI Platform

PR Newswire
Newest IBM LinuxONE system is engineered to deliver cybersecurity, resiliency, scalability and AI inferencing for hybrid cloud environments. Moving Linux workloads from a compared x86 system to an IBM LinuxONE 4 Express can save over 52% on the total cost of ownership over 5 years.1 IBM announced IBM LinuxONE 4 Express,......
Smartsheet Reaches $1 Billion in Annualized Recurring Revenue
Finance Fintech News

Smartsheet Reaches $1 Billion in Annualized Recurring Revenue

Business Wire
The company is the first in the collaborative work management category to achieve this milestone Smartsheet, the enterprise work management platform, announced today that it reached $1 billion in annualized recurring revenue (ARR) earlier in Q4, a significant milestone in the company’s history that comes on the heels of being......
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