Tag : insurance industry

PZU Models AI Governance for the Insurance Industry
Fintech InsurTech News

PZU Models AI Governance for the Insurance Industry

PR Newswire
by PR Newswire0
Insurer works with SAS AI Governance Advisory to protect customers and drive AI ethics In a recent survey about the growing use of generative AI in insurance by data and AI leader SAS, 57% of insurance sector respondents described their organizations’ AI governance and monitoring frameworks as “in development.” More than a......
Groundbreaking New Standard for Cross-Carrier Data Sharing Introduced by Shift Technology
Artificial Intelligence InsurTech News

Groundbreaking New Standard for Cross-Carrier Data Sharing Introduced by Shift Technology

PR Newswire
by PR Newswire0
IDN Delivers Actionable Fraud and Risk Insights From Shared Insurer Data Shift Technology, a provider of AI-powered decision optimization solutions for the global insurance industry, introduced the Insurance Data Network (IDN). The network allows members to benefit from industry-wide intelligence made possible through the collaborative multi-carrier exchange of claims and related data. By......
VIP Software Announces Key Leadership Promotions to Drive the Future of Insurance Technology
Fintech InsurTech News

VIP Software Announces Key Leadership Promotions to Drive the Future of Insurance Technology

PR Newswire
by PR Newswire0
VIP Software, a leader in enterprise claims technology, is proud to announce the promotion of Nikolaos Lefkimiotis to Chief Product Officer (CPO) and the addition of Anthony Satira as Director of Analytics and Product Manager. These strategic leadership moves underscore VIP Software’s commitment to innovation and its vision to revolutionize the insurance......
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
by Business Wire0
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
by PR Newswire0
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
by PR Newswire0
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
by GlobeNewswire0
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
by PR Newswire0
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
by Aaron Wright0
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
by Business Wire0
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......
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