Search Results for: insurance carriers

ZestyAI Secures $15M Credit Facility from CIBC Innovation Banking to Support Strategic Growth
Artificial Intelligence Finance Fintech News Risk Management

ZestyAI Secures $15M Credit Facility from CIBC Innovation Banking to Support Strategic Growth

PR Newswire
by PR Newswire0
Facility reinforces ZestyAI’s financial strength and supports the expansion of its AI-driven risk analytics platform ZestyAI, the leading provider of AI-driven risk analytics for the property and casualty insurance industry, today announced it has secured a $15 million credit facility from CIBC Innovation Banking. The facility enhances ZestyAI’s financial flexibility and reinforces its......
Concirrus Deepens United States Specialty Market Presence with Major Carrier Win and Launch of AI Underwriting Platform
Artificial Intelligence Finance Fintech News

Concirrus Deepens United States Specialty Market Presence with Major Carrier Win and Launch of AI Underwriting Platform

PR Newswire
by PR Newswire0
Concirrus, an emerging leader in AI powered underwriting solutions, today confirmed a further expansion of its United States footprint through a new deployment with one of the world’s top ten specialty insurers. Building on earlier successes in North America, this agreement places Concirrus technology into live production across complex, high volume United States specialty lines. Speed......
One Inc Launches Advanced 835 Remittance Solution, Enhancing Provider Payment Efficiency in Workers' Compensation and Beyond
Finance Fintech InsurTech News

One Inc Launches Advanced 835 Remittance Solution, Enhancing Provider Payment Efficiency in Workers’ Compensation and Beyond

Business Wire
by Business Wire0
Integrated Solution Expands ClaimsPay Capabilities with Comprehensive Remittance Data and Flexible Access for Healthcare Providers One Inc, the leading digital payments network for the insurance industry, today announced the launch of its advanced 835 Electronic Remittance Advice (ERA) solution, fully integrated into the ClaimsPay platform. Combined with the company’s market-leading......
Bestow Closes $120 Million Oversubscribed Series D Funding, Co-Led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital
Fintech InsurTech News

Bestow Closes $120 Million Oversubscribed Series D Funding, Co-Led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital

PR Newswire
by PR Newswire0
Bestow tripled revenue in 2024, achieved 10x growth over two years, and expects to continue growing exponentially, with profitability on the horizon Bestow Inc., a leading insurance technology company, announced the close of a $120 million oversubscribed Series D funding round, including primary and secondary investments. The round was co-led by......
Concirrus Appoints Industry Specialist Steve O'Reilly as Product Manager
Artificial Intelligence Finance Fintech News

Concirrus Appoints Industry Specialist Steve O’Reilly as Product Manager

PR Newswire
by PR Newswire0
Strategic hire supports next phase of AI-led product innovation and business growth Concirrus, a leading provider of AI-centric insurance solutions, today announced the appointment of Steve O’Reilly as Product Manager. The move underscores the company’s commitment to pairing deep insurance expertise with advanced technology to deliver high-impact solutions for the......
Majesco and Vertex Announce Partnership to Deliver Advanced Tax Solutions for Disability Claims and Absence Management
Cloud InsurTech News

Majesco and Vertex Announce Partnership to Deliver Advanced Tax Solutions for Disability Claims and Absence Management

Business Wire
by Business Wire0
Majesco, a global leader in cloud insurance software solutions, is excited to announce a partnership with Vertex Inc., a global provider of indirect tax technology solutions. This partnership introduces the Majesco ClaimVantage solution utilizing Vertex tax expertise, delivering a transformative tax solution designed to empower customers with a comprehensive, seamless,......
AgentSync Unveils Contracting Solution, Completing End-to-End Automation for Agent Onboarding
Finance Fintech News

AgentSync Unveils Contracting Solution, Completing End-to-End Automation for Agent Onboarding

PR Newswire
by PR Newswire0
AgentSync, a leader in insurance distribution channel management (DCM) software, today announced AgentSync Contracting, a groundbreaking solution designed to fully automate the critical contracting stage of insurance agent onboarding. With the introduction of Contracting, AgentSync provides an end-to-end platform that seamlessly connects distributors and underwriters, accelerating the ready-to-sell process for......
Indico Data Unveils Cloud-Native Guidewire ClaimCenter Accelerator to Power Smarter Claims Decisions
Artificial Intelligence Cloud Fintech News

Indico Data Unveils Cloud-Native Guidewire ClaimCenter Accelerator to Power Smarter Claims Decisions

PR Newswire
by PR Newswire0
New accelerator speeds claim resolutions and improves loss ratios through GenAI Indico Data, a Guidewire PartnerConnect Technology partner, announced that Indico Data’s new Ready for Guidewire validated accelerator is now available for ClaimCenter on Guidewire Cloud users in the Guidewire Marketplace. Manual entry of claims and FNOL data into claims systems has traditionally been......
Groundbreaking New Standard for Cross-Carrier Data Sharing Introduced by Shift Technology
Artificial Intelligence InsurTech News

Groundbreaking New Standard for Cross-Carrier Data Sharing Introduced by Shift Technology

PR Newswire
by PR Newswire0
IDN Delivers Actionable Fraud and Risk Insights From Shared Insurer Data Shift Technology, a provider of AI-powered decision optimization solutions for the global insurance industry, introduced the Insurance Data Network (IDN). The network allows members to benefit from industry-wide intelligence made possible through the collaborative multi-carrier exchange of claims and related data. By......
Vamrah Expands AI-Powered RFP Automation for Procurement, Sales, Brokers, and Underwriters
Artificial Intelligence Finance Fintech News Robotic Process Automation

Vamrah Expands AI-Powered RFP Automation for Procurement, Sales, Brokers, and Underwriters

PR Newswire
by PR Newswire0
Vamrah, a leading innovator in AI-driven business process transformation, today announced the expansion of its flagship solution, matchRFX, with three targeted configurations designed to modernize and streamline RFP workflows: matchRFX for Buyers, matchRFX for Sellers, and matchRFX for Underwriters. Built on the flexible and scalable Vamrah AI Platform, the matchRFX......
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