Tag : insurance industry

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The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Charlee.ai and Quick Silver Systems Partner to Bring AI-Based Predictions to the Mercury Platform.
Artificial Intelligence InsurTech News

Charlee.ai and Quick Silver Systems Partner to Bring AI-Based Predictions to the Mercury Platform.

EIN Presswire
by EIN Presswire0
Charlee.ai, a leading provider of AI-based solutions for the insurance industry, is excited to announce its partnership with Quick Silver Systems, a leading software solutions provider specializing in policy and claims administration. This partnership brings the Charlee.ai AI-Based predictive platform to the Mercury Platform further empowering insurers to make data-driven decisions.......
Mylo Partners with Ascend Pushing the Modernization of the Insurance Industry Forward
InsurTech News

Mylo Partners with Ascend Pushing the Modernization of the Insurance Industry Forward

PR Newswire
by PR Newswire0
Ascend, the leading provider of financial operations automation software to the insurance industry, is proud to announce its strategic partnership with Mylo, an insurtech leader connecting individuals and business owners with top-rated insurance products from over a hundred carriers across multiple coverage lines. An Orange Partner of Vertafore, Ascend aims......
OneShield Announces Partnership with One Inc to Enhance Digital Payment Solution Offering
Digital Payments InsurTech News

OneShield Announces Partnership with One Inc to Enhance Digital Payment Solution Offering

PR Newswire
by PR Newswire0
OneShield, a leader in insurance technology solutions, is pleased to announce its partnership with One Inc, a leading provider of digital payment solutions for the insurance industry. One Inc’s payment products integrations will now be accessible through OneShield’s extensive customer-facing marketplace of products. This will empower insurance carriers to harness......
Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding
InsurTech News

Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding

PR Newswire
by PR Newswire0
The collaboration between these two companies has resulted in developing a software application designed specifically for primary insurers, which was recently featured at the prestigious 34th General Conference of the General Arab Insurance Federation GAIF 2024. Global reinsurance leader Gen Re and multinational technology firm CME have been working together to bring forth a......
Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding
InsurTech News

Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding

PR Newswire
by PR Newswire0
The investment has already enabled the acquisition of Ismac.io, which developed an innovative Managed Detection and Response (MDR) platform. Bluecyber.insure, a pioneering insurtech in cyber insurance in Brazil, has received a $1.5 million investment from VCs Invisto.com.vc and Bossa Invest, as well as strategic investors from the insurance market. “This investment reflects the......
Sapiens and DataCrest Forge Partnership to Elevate Underwriting Precision in P&C Sector
InsurTech News

Sapiens and DataCrest Forge Partnership to Elevate Underwriting Precision in P&C Sector

PR Newswire
by PR Newswire0
The strategic collaboration accelerates operational efficiencies and drives premium growth for P&C insurers Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, and DataCrest, a pioneer in innovative insurance solutions, announced the formation of a strategic partnership to revolutionize the application process and drive premium......
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......
Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP
InsurTech News

Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP

PR Newswire
by PR Newswire0
Seven Insurance Industry Leaders Join Inaugural Advisory Board for Next Stage of Growth Neptune Flood, the largest private provider of flood insurance in the United States, has crossed $200 million of premium in force and adds seven members to its newly formed advisory board, it was announced today by Trevor Burgess, CEO of Neptune Flood.......
Transform Insurance Operations with Guidewire and One Inc’s New ClaimsPay app for InsuranceNow
Digital Payments News

Transform Insurance Partners with Guidewire and One Inc’s New ClaimsPay app for InsuranceNow

Business Wire
by Business Wire0
Guidewire and One Inc, Guidewire’s strategic payments partner, announced that One Inc’s new ClaimsPay integration is now available to InsuranceNow customers in the Guidewire Marketplace. “At One Inc, we focus only on insurance. We are proud to be Guidewire’s strategic payments partner” Purpose-built for the insurance industry, One Inc’s digital payment solutions enhance......
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