Tag : insurance companies

Business Featured Finance Fintech

How Financial Services Marketing Has Evolved?

Fintech Staff Writer
Financial services marketing refers to the strategic activities employed by financial institutions to promote their products and services to customers and prospects. It encompasses a wide range of marketing tactics tailored specifically for the financial sector, such as banks, insurance companies, investment firms, and credit unions.  The objective of financial......
Simplifai launches the Simplifai Claims Processing solution, powered by InsuranceGPT
Artificial Intelligence Fintech News

Simplifai launches the Simplifai Claims Processing solution, powered by InsuranceGPT

PR Newswire
Simplifai today announced the availability of Simplifai Claims Processing, powered by InsuranceGPT. Simplifai Claims Processing delivers support for full end-to-end claims processing, ensuring insurance companies can take on more clients without increasing costs or wait times. Simplifai Claims Processing delivers robust cost and time savings, ensuring both insurance companies–and their......
Athene Executes Block Reinsurance Transaction in Japan
InsurTech News

Athene Executes Block Reinsurance Transaction

GlobeNewswire
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......
Castellum.AI raises $4M in Spider Capital-led Round to Scale Compliance Screening for Enterprises
Artificial Intelligence Fintech Investments News

Castellum.AI raises $4M in Spider Capital-led Round to Scale Compliance Screening for Enterprises

Business Wire
Global financial crime risk screening platform Castellum.AI’s proven technology helps institutions reduce false positives in the KYC/AML process by 80%. New York City-based Castellum.AI is excited to announce a $4M seed investment led by Spider Capital with participation from NewFund, Remarkable Ventures, Cameron Ventures and new and existing angel investors. The investment......
Prove Identity and LexisNexis Risk Solutions Form Strategic Partnership to Mitigate Identity Fraud
News Technology

Prove Identity and LexisNexis Risk Solutions Form Strategic Partnership to Mitigate Identity Fraud

Business Wire
The new partnership will give European companies one-stop-shop access to both Prove and LexisNexis Risk Solutions best-in-class digital identity and authentication technology to make customer experiences safer, easier and faster Prove Identity, (“Prove”), the global leader in digital identity, announced a new strategic partnership with LexisNexis Risk Solutions UK &......
OCTO Crash & Claims: Video Damage Evaluation Opens up New Era of Claim Management
InsurTech News

OCTO Crash & Claims: Video Damage Evaluation Opens up New Era of Claim Management

Fintech News Desk
OCTO Telematics is actively working to enhance its innovative telematic solutions and expand its portfolio of products and services. These advancements aim to streamline claim management, reduce costs for insurance companies, and improve the overall customer experience. OCTO Crash & Claims solution marks a shift in the traditional way of managing......
Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services
Finance News Security

Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services

PR Newswire
Industry-focused report shows nearly 70% of financial services and insurance companies have suffered rollout delays due to API security, 92% have had security issues in production APIs Salt Security, the leading API security company, released findings from its first industry-focused report on API security, the 2023 “State of API Security......
Hazelcast, AArete Join Forces to Optimize Financial Services Firms Customer Experiences
Banking Finance News

Hazelcast, AArete Join Forces to Optimize Financial Services Firms Customer Experiences

GlobeNewswire
Partnership combines Hazelcast’s real-time data-stream processing capabilities with AArete’s data expertise in the financial services industry Hazelcast, Inc., a global leader of unified real-time data platforms, announced a partnership with global management and technology consulting firm AArete. It will enable financial services firms to optimize banking customer experiences, create internally......
Nassau Financial Group Completes Acquisition of Delaware Life Insurance Company of New York
InsurTech News

Nassau Financial Group Completes Acquisition of Delaware Life Insurance Company of New York

Business Wire
Latest expansion of Nassau’s New York insurance business Nassau Financial Group, L.P.  announced that its subsidiary, Nassau Life Insurance Company (“NNY”), has completed the acquisition of Delaware Life Insurance Company of New York (“DLNY”) from Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company. “It has been our pleasure......
Sapiens Joins Forces with Microsoft to Leverage Generative AI for Insurers
InsurTech News

Sapiens Joins Forces with Microsoft to Leverage Generative AI for Insurers

PR Newswire
The integration opens up new market opportunities for insurers worldwide Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced an agreement to integrate Microsoft Azure OpenAI Service to harness the most advanced generative AI models and tools for the insurance industry. Sapiens will integrate......
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