Search Results for: insurance expertise

Sixfold's AI Prepares Insurers for Future Risks in Cyber Insurance
Artificial Intelligence Finance Fintech News

Sixfold’s AI Prepares Insurers for Future Risks in Cyber Insurance

PR Newswire
by PR Newswire0
Insurers using Sixfold’s AI can quickly adapt their risk strategies to address new cyber threats, providing accurate and future-ready underwriting assessments. Additionally, the partnership with CyberCube aligns with the strategy of utilizing the best data sources to streamline underwriting, keeping insurers ahead as cyber insurance premiums are projected to reach $20......
EXL Launches Specialized Insurance Large Language Model (LLM) leveraging NVIDIA AI Enterprise
Artificial Intelligence InsurTech News

EXL Launches Specialized Insurance Large Language Model (LLM) leveraging NVIDIA AI Enterprise

EIN Presswire
by EIN Presswire0
EXL, a leading data analytics and digital operations and solutions company, announced the launch of the EXL Insurance LLM, an industry-specific LLM. Building on EXL’s recently announced initiative with NVIDIA AI Enterprise, the EXL Insurance LLM is the first industry-specific LLM created to support critical claims and underwriting-related tasks, such as......
Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI
Artificial Intelligence InsurTech News

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI

PR Newswire
by PR Newswire0
Capital will accelerate growth and build upon Roots Automation’s made-for-insurance AI, enabling carriers, TPAs, brokers, and agents to drive significant improvements in overall business performance Roots Automation, creator of the AI-powered Digital Coworker and InsurGPT™, the world’s first generative AI model for insurance, announced the closing of a $22.2 million Series B funding round.......
Mphasis Silverline Partners with AgentSync for Insurance Compliance Solutions
Finance Fintech News

Mphasis Silverline Partners with AgentSync for Insurance Compliance Solutions

PR Newswire
by PR Newswire0
Successfully managing insurance compliance requires diligence, accuracy, and a strict adherence to timelines. Onboarding, licensing, appointments, and terminations can be extremely labor-intensive, error prone, and expensive without the right technology in place, which is why AgentSync developed a SaaS platform to help insurance companies streamline their end-to-end producer management processes.......
Earnix and Hexaware Partner to Accelerate Insurance Pricing Transformation
Artificial Intelligence Fintech News

Earnix and Hexaware Partner to Accelerate Insurance Pricing Transformation

PR Newswire
by PR Newswire0
Hexaware, an IT services and solutions provider, today announced a partnership with Earnix, a global provider of AI-based SaaS pricing and rating solutions for financial services. The partnership aims to improve underwriting, efficiency, reduces losses, better comply with the regulations, and ensure competitive advantage through effective pricing strategies. Hexaware seeks......
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......
Monoline Launches SimpleSwitch: Revolutionizing Umbrella Insurance Book Roll, Renewals and Transfers
Finance Fintech News

Monoline Launches SimpleSwitch: Revolutionizing Umbrella Insurance Book Roll, Renewals and Transfers

PR Newswire
by PR Newswire0
Monoline is excited to introduce SimpleSwitch, our latest innovation designed to transform the renewal, transfer, and book roll processes for personal umbrella insurance policies. SimpleSwitch offers agencies a streamlined solution that enhances accuracy, efficiency, and client satisfaction, setting a new industry standard. SimpleSwitch simplifies the book roll, renewal, and transfer processes......
GhostDraft-and-Zensar-Partner-to-Bring-Advanced-Insurance-Communications-Management-Solutions-to-the-Market
Finance Fintech News

GhostDraft and Zensar Partner to Bring Advanced Insurance Communications Management Solutions to the Market

EIN Presswire
by EIN Presswire0
This Strategic Partnership Integrates Advanced CCM Technology with Expert IT Services to Drive Innovation, Efficiency, and Speed to Market for Insurers GhostDraft, a leading provider of customer communications management (CCM) technology designed for insurance, is proud to announce its strategic partnership with Zensar Technologies. This global organization conceptualizes, builds, and......
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