Tag : insurance industry

Outmarket AI Secures $4.7M to Revolutionize Insurance With AI-Powered Insights & Automation
Artificial Intelligence Finance Fintech Investments News

Outmarket AI Secures $4.7M to Revolutionize Insurance With AI-Powered Insights & Automation

Business Wire
Outmarket AI, an intelligence platform purpose-built to transform commercial insurance, has launched with $4.7 million in seed funding, the company announced today. The round was led by Fika Ventures, with participation from TTV and Dash Fund. This investment will accelerate Outmarket’s platform innovation, team expansion and strategic partnerships with leading......
DXC and ServiceNow to Drive AI-powered Innovation for the Insurance Industry
Artificial Intelligence Finance Fintech News

DXC and ServiceNow to Drive AI-powered Innovation for the Insurance Industry

PR Newswire
ServiceNow and DXC expand their strategic partnership to combine DXC’s industry-leading software and expertise with ServiceNow’s AI-enabled platform DXC Technology, a leading Fortune 500 global technology services provider, today announced new offerings with ServiceNow, the AI platform for business transformation, to modernize the insurance industry. As an Elite partner, DXC......
Sedgwick Acquires Legal Spend Management Business From Bottomline
Banking Digital Payments Fintech News

Sedgwick Acquires Legal Spend Management Business From Bottomline

PR Newswire
Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions and Bottomline, a global leader in business payments and cash management, have signed an agreement whereby Sedgwick will acquire Bottomline’s industry-leading legal spend management (LSM) division. The LSM business services the property and casualty (P&C) insurance industry, providing......
Duck Creek Technologies Partners with Worldpay to Enhance Payments Solutions
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Duck Creek Technologies Partners with Worldpay to Enhance Payments Solutions

GlobeNewswire
Strategic partnership delivers future-proof, global payments capabilities for insurance carriers Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced a strategic partnership with Worldpay, a global industry leader in payments technology and solutions. Worldpay’s global payments capabilities embedded in Duck......
Sapiens Releases its Latest Underwriting Solution with Innovative Automation and AI for Life & Annuities Insurers
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Sapiens Releases its Latest Underwriting Solution with Innovative Automation and AI for Life & Annuities Insurers

PR Newswire
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced the release of Sapiens UnderwritingPro v14, the most advanced version of its award-winning, automated underwriting and new business case management system for life & annuities insurers. The release delivers significant functional and technical enhancements, accelerating......
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The Digital Divide: Insurance Industry Races to Bridge Tech Gap Amid AI Push

Aaron Wright
The insurance industry stands at a pivotal moment as it grapples with modernizing operations while racing to adopt artificial intelligence and advanced analytics. Recent research from Earnix, surveying more than 400 global insurance executives across Australia, Europe, the UK, United States, and Canada, reveals both promising developments and persistent challenges......
One Inc, a Leading Digital Payments Platform in Insurance, Announces New Board Chairman to Propel Next Growth Phase
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One Inc, a Leading Digital Payments Platform in Insurance, Announces New Board Chairman to Propel Next Growth Phase

Business Wire
Scott G. Stephenson brings extensive insurance expertise to fuel expansion and innovation One Inc, a leading payments network and software platform for the insurance industry,  announced it has appointed insurance technology industry veteran Scott G. Stephenson Chairman of the Board of Directors. “With Scott’s strategic insight, One Inc is poised......
VOOM Appoints Thomas Coyne as Head of Insurance
Fintech InsurTech News

VOOM Appoints Thomas Coyne as Head of Insurance

PR Newswire
Thomas, with over 30 years in property and casualty insurance and held executive roles at Mercury, The Hartford and Travelers VOOM Insurance, the InsurTech pioneer, crafting usage-based insurance products for the future of mobility, announced the appointment of Thomas Coyne as Head of Insurance. With over three decades of extensive experience in......
One Inc Strengthens Executive Leadership Team with New COO and Chief Network Officer
Digital Payments Finance Fintech News

One Inc Strengthens Executive Leadership Team with New COO and Chief Network Officer

Business Wire
Industry Veterans Tim Boyle and Eileen Dougherty to Drive Key Initiatives Amid One Inc’s Significant Growth and Future Expansion One Inc, the leading payments network for the insurance industry, today announced the addition of two new executives to strengthen its leadership team and drive the company’s continued growth. Tim Boyle......
OneShield Expands Technology Ecosystem with Charlee.ai, Enhancing AI Capabilities within their Core Platforms
Artificial Intelligence InsurTech News

OneShield Expands Technology Ecosystem with Charlee.ai, Enhancing AI Capabilities within their Core Platforms

PR Newswire
OneShield, a leading provider of core system solutions to the insurance industry, is proud to announce a strategic alliance with Charlee.ai, an innovative AI platform specializing in machine learning and predictive analytics for insurance. This integration will empower insurers with more efficient and accurate claims processing, further enhancing OneShield’s commitment to providing......
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