Search Results for: claims settlement

CPI Card Group Announces Settlement of Derivative Action
Banking Fintech News

CPI Card Group Announces Settlement of Derivative Action

Fintech News Desk
by Fintech News Desk7
CPI Card Group Inc. (“CPI”), a payment technology company and leading provider of credit, debit and prepaid solutions, announced an agreement to settle a derivative action filed against certain of CPI’s directors and officers and CPI, as a nominal defendant, in the US District Court for the District of Delaware.......
Banking Blockchain Digital Payments Featured Finance Fintech Investments Security Technology

The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Parametric Insurance: Revolutionizing Traditional Insurance Models
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......
CBDC and DeFi for the Masses
Banking Cryptocurrency DeFi Guest Posts

CBDC and DeFi for the Masses

Ishan Roy
by Ishan Roy0
The race to implement CBDCs is on. Central Banks around the world have setup dedicated committees and kicked off pilots to explore how this technology can be used issue legal tender digitally. These countries hope to usher in a new era of payments and fintech solutions. For the uninitiated, Central......
Micro Insurance Company Partners With Chamasure to Provide Digital Insurance Solutions in Kenya
InsurTech News

Micro Insurance Company Partners With Chamasure to Provide Digital Insurance Solutions in Kenya

Fintech News Desk
by Fintech News Desk0
MicroEnsure – now part of Micro Insurance Company (MIC) – has entered into a strategic partnership with Nairobi-based insurance platform Chamasure to give communities across Kenya access to digital insurance solutions. Chamasure makes insurance affordable for more than 10 million people in underserved communities in Kenya, including groups of farmers,......
PZU Becomes First Polish Insurer to Use Solera’s AI in Auto Damage Estimating in on-Site Assessment
Finance News Risk Management

PZU Becomes First Polish Insurer to Use Solera’s AI in Auto Damage Estimating in on-Site Assessment

Fintech News Desk
by Fintech News Desk0
Partnership with Solera is Set to Transform the Claims Workflow and Reduce the Need for Physical Inspections Solera Holdings, Inc. (Solera), a global leader in risk and asset management data and software solutions for the insurance and automotive industries, just announced that PZU SA, the leading Polish insurer and the......
Shift Insurance Suite Now Applies Artificial Intelligence Across Policy Lifecycle Processes
Artificial Intelligence Business Fintech News

Shift Insurance Suite Now Applies Artificial Intelligence Across Policy Lifecycle Processes

Fintech News Desk
by Fintech News Desk0
New Products and Solution Upgrades Address Rapidly Changing Business Requirements Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, today announced availability of both new products and upgrades to existing solutions within the Shift Insurance Suite (Shift Technology Automates and Optimizes Decision Making......
Business Economy Fintech Fintech Funding Investment Services News

Encircle Joins Guidewire PartnerConnect Solution Alliance Program; Publishes Ready for Guidewire Integration to Improve Claim Cycle Times

Fintech News Desk
by Fintech News Desk0
Canadian insurtech platform helps insurers, policyholders, third-party agents, and restoration contractors easily collaborate on claims field documentation Encircle, a leading provider of real-time field documentation and productivity tools for the insurance and restoration industries, and Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow......
Business Fintech Fintech Funding InsurTech Investment Services

Tokio Marine Indonesia Implements Shift Technology To Fight Auto Insurance Fraud

Fintech News Desk
by Fintech News Desk0
 Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced that PT Asuransi Tokio Marine Indonesia (“Tokio Marine Indonesia”) has deployed Shift Technology’s Force fraud detection solution. As a result, the technology will become a crucial element in the insurance carrier’s overarching fraud......
Loadsure Secures £1.1m in Final Seed Round Led by Insurtech Gateway
Fintech InsurTech News

Loadsure Secures £1.1m in Final Seed Round Led by Insurtech Gateway

Fintech News Desk
by Fintech News Desk0
Powered by predictive analytics, Loadsure will deliver on-demand spot freight cargo insurance to the U.S. market—all with one-click ease. Loadsure announced an investment of £1.1M led by Insurtech Gateway, alongside other corporate and angel investors. Attracting interest for its radically simplified and efficient approach to spot freight cargo insurance, the......
1