Search Results for: insurance group

Luma Financial Technologies Expands into Life Insurance, Offering the First Integrated Technology Platform Solution for Life Insurance and Annuities
Fintech InsurTech News

Luma Financial Technologies Expands into Life Insurance, Offering the First Integrated Technology Platform Solution for Life Insurance and Annuities

Business Wire
by Business Wire0
Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, is excited to announce its expansion into the life insurance sector. As the first platform to offer an end-to-end solution that integrates life insurance and annuities, Luma enables advisors to manage both products seamlessly through a single,......
Oyster Unveils New AI-Powered Products for Business Insurance
Fintech InsurTech News

Oyster Unveils New AI-Powered Products for Business Insurance

PR Newswire
by PR Newswire0
Oyster, a leading insurance platform for commerce, has unveiled a suite of new digital products designed to modernize the P&C insurance experience for small and medium-sized businesses. Building on its carrier-agnostic platform, Oyster introduces a comprehensive suite of software products to streamline the business insurance process—from quoting across online and......
Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
InsurTech News Risk Management

Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

GlobeNewswire
by GlobeNewswire0
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster Nasdaq announced it has developed an innovative......
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.......
Ascend Unveils Direct Bill Automation Solution for Insurance Brokers
Analytics InsurTech News

Ascend Unveils Direct Bill Automation Solution for Insurance Brokers

PR Newswire
by PR Newswire0
Introducing the Only Comprehensive Platform for Agency Accounting Operations Ascend, the leading provider of accounting automation software to the insurance industry, is proud to announce the launch of Direct Bill Automation, a solution designed to streamline accounting workflows of processing, extracting, reconciling, and posting direct bill commissions. With this launch,......
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......
Walnut Insurance Secures $4.6M to Transform Insurance Distribution with Embedded Technology
Finance Fintech Investments News

Walnut Insurance Secures $4.6M to Transform Insurance Distribution with Embedded Technology

Business Wire
by Business Wire0
Walnut is revolutionizing insurance distribution by enabling partner-driven growth through technology solutions for insurers and enterprise businesses Walnut, an innovative force in the insurance distribution industry, today announced the successful close of its latest funding round, securing $4.6M. The investment will be used to expand Walnut’s groundbreaking embedded insurance technology......
Open Lending Partners with Securian Financial Group
Lending News

Open Lending Partners with Securian Financial Group

Business Wire
by Business Wire0
Automotive lending enablement provider adds insurance provider to its roster of highly rated carriers Open Lending Corporation an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced a partnership with Securian Financial Group, Inc. (“Securian Financial”). The partnership enables Open Lending to provide insurance......
Cryptocurrency News

Ant Group Unveils Cloud-based Cryptographic Platform

Business Wire
by Business Wire0
From the SecretFlow Cloud platform, Ant also offers a suite of Cryptographic Computing Solutions for Large Language Models Ant Group today unveiled SecretFlow Cloud, its cloud-based cryptographic computing platform, and a suite of cryptographic computing solutions tailored for large language models (LLMs) at the World Artificial Intelligence Conference in Shanghai.......
Agency Professionals Provide Insights on the Hard Market, Technology and Talent in Vertafore’s 2024 Report on the Insurance Workforce
InsurTech News

Agency Professionals Provide Insights on the Hard Market, Technology and Talent in Vertafore’s 2024 Report on the Insurance Workforce

PR Newswire
by PR Newswire0
Survey respondents emphasize passion for helping clients is still high as professionals navigate trends impacting their business Vertafore, the leader in modern insurance technology, released its 2024 insurance workforce survey report: “The insurance agency workforce: Talent, tech, and the hard market.” Based off responses from nearly 2,000 professionals at independent......
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