Search Results for: insurance industry

Agentech Secures $3 Million to Revolutionize Insurance Claims with AI-Driven Workforce
Artificial Intelligence Finance Fintech News

Agentech Secures $3 Million to Revolutionize Insurance Claims with AI-Driven Workforce

Business Wire
by Business Wire0
Former WeGoLook and TokenEx founders launch Agentic AI platform to support insurance adjudication process Agentech, the global AI support workforce for insurance claims, is excited to announce the successful completion of its $3 million seed round in just 30 days. This significant milestone is being announced at Naphia Engage 2024......
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......
Excel Sets New Industry Standard with 1:1 Consent Compliance, Paving the Way for Ethical and Transparent Customer Acquisition
InsurTech News

Excel Sets New Industry Standard with 1:1 Consent Compliance, Paving the Way for Ethical and Transparent Customer Acquisition

Cision PRWeb
by Cision PRWeb0
Excel, a leader in the insurance customer acquisition industry, is proud to announce the proactive implementation of enhanced 1:1 consent compliance across its Medicare, Health, Auto, Home, and Life insurance verticals. This initiative underscores the company’s commitment to consumer privacy and transparency, aligning with the latest industry regulations. Industry-Leading Compliance......
Indico Data Unveils Groundbreaking Agentic AI Decisioning Solution for Commercial Insurance Underwriting Clearance
Artificial Intelligence Finance Fintech News

Indico Data Unveils Groundbreaking Agentic AI Decisioning Solution for Commercial Insurance Underwriting Clearance

PR Newswire
by PR Newswire0
Leveraging Indico’s Agentic AI architecture, the application delivers massive acceleration of time to quote for leading Global Insurance Carriers Indico Data, The Decision Automation Company™, today announced the launch of the industry’s first Agentic AI decision application for underwriting triage and clearance at the ITC Insurtech Expo in Las Vegas. This......
Zelros unveils its 4-in-1 Copilot - A no-code, customizable solution for bank advisors & insurance agents
Banking Fintech

Zelros unveils its 4-in-1 Copilot – A no-code, customizable solution for bank advisors & insurance agents

EIN Presswire
by EIN Presswire0
Zelros introduces Blue Moon, the latest version of its Copilot, combining four powerful functionalities into a single platform. Designed to transform the way customer-facing teams, marketers, and data & IT professionals collaborate, this innovative solution sets a new standard for the financial services industry. Learn more about the new features. Zelros......
New IBM study: Insurance leaders agree that rapid adoption of generative AI is necessary to compete, but insurance customers express reservations
Artificial Intelligence Finance Fintech News

New IBM study: Insurance leaders agree that rapid adoption of generative AI is necessary to compete, but insurance customers express reservations

PR Newswire
by PR Newswire0
New research by IBM’s Institute for Business Value identifies a disconnect between how insurers and their customers prioritize the use of generative AI, with industry executives focusing on experience while their clients are seeking personalized risk products and insights. Findings from a survey of 1,000 insurance c-suite executives in 23......
Covr Unveils Its Third Generation Insurance Software: The Most Advanced Platform for Simplifying Insurance for Financial Professionals
Finance Fintech News

Covr Unveils Its Third Generation Insurance Software: The Most Advanced Platform for Simplifying Insurance for Financial Professionals

PR Newswire
by PR Newswire0
Covr Financial Technologies, a leading digital insurance provider, announced this week the launch of Advisor 3.0, the latest version of its industry-leading insurance platform. This cutting-edge software empowers financial professionals, insurance advisors, and institutions to streamline their insurance business across various product lines, including life insurance, disability insurance, long-term care,......
Ascend and Anzen Announce Strategic Partnership to Streamline Retail Financial Operations in Executive Risk Insurance
Digital Payments InsurTech News

Ascend and Anzen Announce Strategic Partnership to Streamline Retail Financial Operations in Executive Risk Insurance

PR Newswire
by PR Newswire0
New Partnership Provides Wholesale Solutions with Seamless Payment Automation and AI-Powered Specialty Insurance Placement Ascend, a comprehensive financial operations automation platform, is excited to announce a strategic partnership with Anzen, the modern wholesale brokerage – offering extensive management, cyber, and professional liability markets for Executive Risk insurance. This collaboration equips......
VoPay Aims to Transform Financial Operations for Insurance Carriers & MGAs, Targeting $3.5 Trillion in Annual Transactions Across North America
Finance Fintech News

VoPay Aims to Transform Financial Operations for Insurance Carriers & MGAs, Targeting $3.5 Trillion in Annual Transactions Across North America

Business Wire
by Business Wire0
VoPay, an embedded payment technology company, is excited to announce the launch of its new vertical focused on the insurance industry, delivering a comprehensive suite of modular solutions designed to optimize financial operations for insurance carriers and Managing General Agents (MGAs). In an era where efficiency and transparency are paramount,......
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......
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