Tag : insurance claims

Verisk Signs Definitive Agreement to Acquire AccuLynx
Analytics InsurTech News

Verisk Signs Definitive Agreement to Acquire AccuLynx

GlobeNewswire
Acquisition to expand, enhance and strengthen network capabilities across the insurance claims and restoration ecosystem Verisk, a leading global data analytics and technology provider to the global insurance industry, has entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash to augment its network capabilities across the......
Introducing DXC Assure Risk Management: AI-Powered Claims Solution for Self-Insured Organizations
Artificial Intelligence News Risk Management

Introducing DXC Assure Risk Management: AI-Powered Claims Solution for Self-Insured Organizations

PR Newswire
DXC Technology, a leading Fortune 500 global technology services provider, announced DXC Assure Risk Management, a next-generation solution that unites AI and human expertise to help self-insured organizations better manage employee care, control healthcare costs, and accelerate return-to-work outcomes. Self-insured organizations use their own funds to cover employee insurance claims......
Integration of Guidewire Cloud and CLARA Analytics Boosts Claim Outcomes and Achieves Exceptional ROI
Analytics Artificial Intelligence Cloud News

Integration of Guidewire Cloud and CLARA Analytics Boosts Claim Outcomes and Achieves Exceptional ROI

Business Wire
CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announced that the successful launch of the Guidewire and CLARA integration has yielded exceptional results for insurers. This partnership demonstrates the significant value of AI in transforming claims processing workflows and improving outcomes across the insurance industry.......
Charlee.ai Unveils Charlee Agentic Artificial Intelligence (AI) Library
Artificial Intelligence InsurTech News

Charlee.ai Unveils Charlee Agentic Artificial Intelligence (AI) Library

EIN Presswire
Charlee.ai, a leader in AI-driven insurance technology, proudly announces the launch of the Charlee Agentic AI Library, a cutting-edge suite of task-specific AI agents designed to transform the way insurance claims are processed and analyzed. Built on a combination of Charlee’s pre-trained domain-specific language models, task-optimized language models, and patented Natural Language......
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
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......
Artificial Intelligence Guest Posts InsurTech Security

How AI Is Enabling Advanced Fraud Detection for Insurance Claims

Mubbin Rabbani
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......
Insurity Partners with MPX to Improve Mail, Print, and Digital Fulfillment Across P&C Insurance Interactions
InsurTech News

Insurity Partners with Attestiv to Provide AI-Powered Automation and Enhanced Fraud Protection

Business Wire
The new partnership will enable P&C carriers to accelerate automation initiatives, resulting in additional fraud protections and cost-savings in claims processing Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced its partnership with Attestiv to accelerate automation initiatives, increase fraud protections, and reduce expenses for......
Insurtech pioneer PassportCard awarded US patent in recognition of its revolutionary technology
InsurTech News

Insurtech Pioneer Passportcard Awarded US Patent in Recognition of Its Revolutionary Technology

Fintech News Desk
Travel and health insurtech leader, PassportCard has been granted a US patent for its real-time claims payout through debit card which gives customers access to a global, 100% cashless insurance service. Latest Fintech News: Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights The patented technology, driven by AI, predictive......
iink Payments Raises $2.8 MM in Seed Round to Streamline P&C Claims Payments for the Restoration Industry
Digital Payments News

iink Payments Raises $2.8 MM in Seed Round to Streamline P&C Claims Payments for the Restoration Industry

Fintech News Desk
iink Payments, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has raised $2.8 MM in seed funding led by Motivate Venture Capital. This included participation from Green Egg Ventures, Carolina Fintech Ventures, IU Ventures, and various industry partners. Additionally, Tony Ford, former CTO......
Same Day ACH Expansion to $1 Million Begins Today
Digital Payments News

Same Day ACH Expansion to $1 Million Begins Today

Fintech News Desk
Expects to Achieve 23 Exahash Per Second, or 800 Megawatts (“MW”), of Mining Capacity Deployed by 2025 Same Day ACH enters a new era today as the per payment limit increases to $1 million. “The growth of Same Day ACH in just over five years has been phenomenal as the payments......
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