Search Results for: insurance adoption

Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption
Finance Fintech Investments News

Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption

PR Newswire
by PR Newswire0
Company continues its mission to near-term operating profitability; New capital to fuel growth with new products, new geographies, and resilience services Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group (Zurich),......
CLARA Analytics Raises $24M in Series C Funding, Accelerating AI Adoption for Insurance Claims
InsurTech News

CLARA Analytics Raises $24 Million in Series C Funding, Accelerating AI Adoption for Insurance Claims

Business Wire
by Business Wire0
CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announced its $24 million Series C funding, bringing its total funding to $60 million. This round was led by new investor Spring Lake Equity Partners, with participation from existing investors including Aspen Capital Group, Oak HC/FT and QBE Ventures. Latest......
Spec Secures $15M Series A Funding, Accelerating Innovation in Fraud Defense
Digital Payments News

EmPRO Insurance Company Sees 211% Increase in Electronic Payment Adoption After Their First Year Going Live with InvoiceCloud

Business Wire
by Business Wire0
EmPRO Insurance Company, a licensed medical liability insurance carrier based in New York State, saw a 211% increase in electronic payment adoption in its first year of going live with InvoiceCloud’s integrated solution. InvoiceCloud, an EngageSmart solution, offers a true SaaS online bill payment solution that is designed to turn one-time......
SahiPay Empowers Rural India, Spreads Awareness and Adoption of Insurance
InsurTech News

SahiPay Empowers Rural India, Spreads Awareness and Adoption of Insurance

Fintech News Desk
by Fintech News Desk0
SahiPay, a high-tech, smart, and secured digital platform of Manipal Business Solutions is driving the fintech revolution by offering easy access to insurance and banking products in the semi-urban and rural parts of the country. With an objective to create awareness and increase insurance penetration in rural India, SahiPay is offering a variety of......
FWD-Insurance-expands-Aptitude-Software-adoption-across-Asia-to-prepare-for-IFRS-17
Business Fintech News

FWD Insurance Expands Aptitude Software Adoption Across Asia To Prepare For IFRS 17

Fintech News Desk
by Fintech News Desk0
Aptitude Software, a leading provider of financial management software, is delighted to announce that its IFRS 17 charter client, FWD Insurance (“FWD”), has extended its relationship with Aptitude Software to expand the Aptitude footprint across its operations in Asia as it continues to prepare for the new IFRS 17 regulatory......
Credit Card Companies’ Support for Small Businesses During COVID-19 Not Enough to Drive Customer Satisfaction, J.D. Power Finds
Fintech News

Digital Adoption Rises Nearly 20% for Insurance Claims, J.D. Power Finds

Fintech News Desk
by Fintech News Desk0
New J.D. Power Study Finds Satisfaction Improving as Customers Increase Use of Digital Channels Insurance claimants’ use of digital technologies continues a rapid march forward. That’s the lesson property and casualty (P&C) insurers are learning as claimants have ramped up use of digital channels throughout the claims process during the......
Nium Expands Across Australia and New Zealand, Driven by Increased Adoption from Financial Institutions and Spend Management Platforms
Artificial Intelligence Digital Payments Fintech News

Nium Expands Across Australia and New Zealand, Driven by Increased Adoption from Financial Institutions and Spend Management Platforms

PR Newswire
by PR Newswire0
Spend management platform, RedOwl, joins as latest partner; Nium has seen monthly payment volume grow by 3X over the last twelve months, in the Oceania region Nium, the global leader in real-time cross-border payments, announced that its monthly payment volume grew by 3X in Oceania, over the last year. This growth......
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......
PURE Insurance Partners with VIP Software to Optimize Claim Expenses with Advanced Analytics
InsurTech News

PURE Insurance Partners with VIP Software to Optimize Claim Expenses with Advanced Analytics

PR Newswire
by PR Newswire0
VIP Software, the premier provider of loss cost and vendor management solutions for insurers and service providers, proudly announces its collaboration with PURE Insurance to implement VIP Software’s industry-leading vendor management platform, BAP, for precise vendor invoicing and comprehensive reporting. VIP Software’s claims expense management platform is meticulously designed to seamlessly......
New Research Highlights the Impact of Mobile Investments on Customer Engagement for Finance and Insurance Organizations
Finance Fintech Investments News

New Research Highlights the Impact of Mobile Investments on Customer Engagement for Finance and Insurance Organizations

PR Newswire
by PR Newswire0
Survey from Branch, leader in mobile measurement and linking, shows majority of senior leaders consider a mobile app strategy essential A new research report from Branch, Finance and Insurance Industry Mobile App Trends, highlights the significant impact that mobile app investments have on finance and insurance organizations. The survey shows that 99%......
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