Search Results for: insurance services

Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology
Fintech Investments News

Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology

PR Newswire
by PR Newswire0
The round was led by Motive Ventures along with Tokio Marine Future Fund, marking a significant step in Korr’s journey to modernise insurance technology. Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round. The round was led by Motive Ventures......
Simplepin Propels Innovation and Redefines Digital Payments for the Insurance Industry With New Client, Axis
Digital Payments News

Simplepin Propels Innovation and Redefines Digital Payments for the Insurance Industry With New Client, Axis

PR Newswire
by PR Newswire0
The collaboration with Axis is a testament to SimplePin’s ongoing commitment to enhancing operational efficiency, optimising financial processes, and setting new standards in the digital payments landscape for insurance. SimplePin, the pioneering cloud-based payments infrastructure provider tailored for the insurance industry, proudly announces the addition of Axis to its esteemed......
EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness
Fintech News

EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness

PR Newswire
by PR Newswire0
One in five are not confident that their organizations are well-positioned to take advantage of the potential benefits AI might bring Ernst & Young LLP (EY US) released its 2023 Financial Services GenAI Survey. Nearly all (99%) of the financial services leaders surveyed reported that their organizations were deploying artificial......
Simplepin, the Leading Cloud-Based Digital Payment Solution for the Insurance Industry
Digital Payments News

Simplepin, the Leading Cloud-Based Digital Payment Solution for the Insurance Industry

PR Newswire
by PR Newswire0
SimplePin is a FinTech company with a bold vision to simplify financial operations, focusing on making these operations seamless through technology. As the end of the year approaches, SimplePin is proud to welcome Mountain West Insurance aboard as a new client. “What separates us from others in the arena,” comments SimplePin’s......
TransMedia Group Ensures Media Will Learn About 'Living Benefits' in Insurance Five Rings Financial's Agents Provide
InsurTech News

TransMedia Group Ensures Media Will Learn About ‘Living Benefits’ in Insurance Five Rings Financial’s Agents Provide

PR Newswire
by PR Newswire0
TransMedia Group to represent Five Rings Financial’s Brazillian agency, also known in Florida as “Brazillionaires,” providing thousands of families in several states with income protection in the event of serious illnesses with insurance policies containing “living benefits.” “When Gustavo & Marina Couto launched the Brazillionaires agency in 2014, one of the arms of Five Rings Financial......
Compass UOL Offers Financial Institutions New Gen AI Solutions With AWS Financial Services Competency
Finance News

Compass UOL Offers Financial Institutions New Gen AI Solutions With AWS Financial Services Competency

PR Newswire
by PR Newswire0
Helps deliver faster evolution of payments, banking and capital markets, real time operations, and digital banking Digital services company Compass UOL announced it achieved the AWS Financial Services Competency and is offering its Gen AI tools to financial services institutions (FSIs) to speed up the evolution of their business on the cloud.......
Athene Executes Block Reinsurance Transaction in Japan
InsurTech News

Athene Executes Block Reinsurance Transaction

GlobeNewswire
by GlobeNewswire0
Athene Holding Ltd. (“Athene”), a leading provider of retirement services products, has executed a block reinsurance transaction with FWD Life Insurance Co. Ltd., a Japanese domiciled insurer. Under the terms of the agreement, Athene will reinsure an in-force block of whole life insurance policies. In conjunction with the transaction, Athene......
More than a Quarter (28%) of Americans with Health Insurance Can't Afford Their Deductibles
InsurTech News

More than a Quarter (28%) of Americans with Health Insurance Can’t Afford Their Deductibles

PR Newswire
by PR Newswire0
For many Americans, basic health care is still unaffordable, even with health insurance The Affordable Care Act was introduced more than a decade ago, making several preventative services available at no charge to millions of Americans. But many are still struggling to financially cover their basic health care needs. In......
Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers
InsurTech News

Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers

GlobeNewswire
by GlobeNewswire0
Insurtech Platform Digitally Streamlines Brokers’ Small Business Insurance Operations from Quote to Claim Layr, a leading insurance tech company, closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capital also participated in the round. The company will use the......
Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040
Finance Fintech

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040

Business Wire
by Business Wire0
60% of individuals aged 65 or older have not sought professional financial advice to prepare for retirement or to transfer their wealth Three-in-four consumers are interested in innovative life insurance offerings to help them age well, but insurers lack the product development capabilities The Capgemini Research Institute’s World Life Insurance......
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