Search Results for: insurance industry

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
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......
arqu Secures $10 Million in Series A Funding to Accelerate Transformation in Wholesale Insurance
Fintech InsurTech News

arqu Secures $10 Million in Series A Funding to Accelerate Transformation in Wholesale Insurance

Business Wire
arqu, a tech-enabled wholesale insurance brokerage transforming how large-scale, complex commercial risks are transacted in the $100bn Excess & Surplus (E&S) market, announces its $10 million Series A financing, led by Crosslink Capital with participation from Intact Ventures. arqu also saw continued support from all existing investors, Lightspeed Venture Partners, Foxe Capital and Nationwide Ventures. “arqu is not......
CertifID Announces Expansion of Insurance to Address Escalating Risk of Wire Fraud
Fintech InsurTech News

CertifID Announces Expansion of Insurance to Address Escalating Risk of Wire Fraud

Business Wire
The company has doubled its maximum coverage tier to $2 million per verified transaction to meet rising business demand and housing values CertifID, a leader in wire fraud protection, announced up to $2 million in direct, first-party insurance coverage on every wire transfer that is verified by the company. Thursday’s......
Zywave Names Software Industry Veterans Martin Simoncic as CEO and Chris Kasper as CFO
Finance Fintech News

Zywave Names Software Industry Veterans Martin Simoncic as CEO and Chris Kasper as CFO

PR Newswire
Simoncic and Kasper together bring over three decades of software-as-a-service (“SaaS”) experience to help fuel Zywave’s next stage of growth Zywave, Inc., a leading provider of SaaS InsurTech solutions for sales management and client delivery enablement, today announced that Martin Simoncic has joined as Chief Executive Officer and Christian G.......
BriteCore Introduces Latest Core Software Innovations to Power Mid-Size Insurance Carriers
Artificial Intelligence Cloud Finance Fintech News

BriteCore Introduces Latest Core Software Innovations to Power Mid-Size Insurance Carriers

Somesh Utkar
New Product Features Leverage Generative AI and Enhance User Experience to Drive Efficiency and Growth BriteCore, the leading provider of cloud-native core insurance solutions for property and casualty (P&C) carriers and MGAs, today announced the launch of several new product features designed to enhance its support for insurance carrier clients......
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
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 InsurGPTâ„¢, the world’s first generative AI model for insurance, announced the closing of a $22.2 million Series B funding round.......
Nirvana Raises $24.2M Series A to Revolutionize Health Insurance Verification
InsurTech News

Nirvana Raises $24.2M Series A to Revolutionize Health Insurance Verification

Business Wire
Nirvana, a health tech company that brings radical transparency to eligibility and insurance verification with ML/AI, announced it has raised $24.2 million in Series A funding. Northzone, a global VC firm, led the round with the participation of Inspired Capital, Eniac Ventures, and Surface Ventures. We believe Nirvana has the......
Mphasis Silverline Partners with AgentSync for Insurance Compliance Solutions
Finance Fintech News

Mphasis Silverline Partners with AgentSync for Insurance Compliance Solutions

PR Newswire
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.......
Ascend Unveils Direct Bill Automation Solution for Insurance Brokers
Analytics InsurTech News

Ascend Unveils Direct Bill Automation Solution for Insurance Brokers

PR Newswire
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,......
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