Tag : insurance

Nirvana Raises $24.2M Series A to Revolutionize Health Insurance Verification
InsurTech News

Nirvana Raises $24.2M Series A to Revolutionize Health Insurance Verification

Business Wire
Nirvana, a health tech company that brings radical transparency to eligibility and insurance verification with ML/AI, announced it has raised $24.2 million in Series A funding. Northzone, a global VC firm, led the round with the participation of Inspired Capital, Eniac Ventures, and Surface Ventures. We believe Nirvana has the......
Quility Launches Switchboard Funnel, Offering Agents a Streamlined Approach to Sales and Engagement
InsurTech News

Quility Launches Switchboard Funnel, Offering Agents a Streamlined Approach to Sales and Engagement

PR Newswire
Award-winning insurtech, Quility, has announced the launch of its proprietary platform, Switchboard Funnel. Funnel brings life insurance agents an all-in-one sales enablement solution, delivering a simplified, intuitive and effective experience. From lead nurturing to product recommendations and quoting, Switchboard Funnel’s single interface encompasses every component of an agent’s workflow. In early......
Majesco Announces Trailblazing New AI Ecosystem Using Majesco Copilot with an Initial Cadre of Innovative AI Partners
Artificial Intelligence Cloud InsurTech News

Majesco Announces Trailblazing New AI Ecosystem Using Majesco Copilot with an Initial Cadre of Innovative AI Partners

Business Wire
Majesco, a global leader of cloud insurance platform software for insurance business transformation, is thrilled to announce the establishment of a new AI specific ecosystem leveraging Majesco Copilot to embed other industry models into Majesco Solution workflows with an initial cadre of partners. “This new AI ecosystem introduces a rapid......
Simplify Healthcare Unveils Simplify Healthcare AI: Pre-Built AI Solutions for Payers
Artificial Intelligence InsurTech News

Simplify Healthcare Unveils Simplify Healthcare AI: Pre-Built AI Solutions for Payers

Business Wire
Simplify Healthcare, a leading provider of enterprise SaaS solutions to Payers (health insurance companies), announced the launch of Simplify Healthcare AI — a suite of pre-built AI solutions for Payers designed to enhance sales, network performance, and service operations. This launch marks the next strategic step in the company’s AI......
Ascend Unveils Direct Bill Automation Solution for Insurance Brokers
Analytics InsurTech News

Ascend Unveils Direct Bill Automation Solution for Insurance Brokers

PR Newswire
Introducing the Only Comprehensive Platform for Agency Accounting Operations Ascend, the leading provider of accounting automation software to the insurance industry, is proud to announce the launch of Direct Bill Automation, a solution designed to streamline accounting workflows of processing, extracting, reconciling, and posting direct bill commissions. With this launch,......
Sapiens Partners with Addresscloud to Enhance Insurers' Geographic Risk Insights
InsurTech News

Sapiens Partners with Addresscloud to Enhance Insurers’ Geographic Risk Insights

PR Newswire
The partnership empowers insurers with enhanced risk evaluation and underwriting decisions Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced a partnership with Addresscloud, a cloud-based location intelligence provider, to empower insurers with enhanced capabilities to understand geographic risk and make more informed underwriting decisions......
Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor
InsurTech News

Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor

PR Newswire
Market leading software provider Azentio supercharges insurance offering through acquisition of cutting-edge technology stack Azentio Software , a leading end-to-end software company specializing in the BFSI sector,  announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product companies.......
APOLLO and Payquad Solutions Expand Partnership to Provide Renters Embedded Digital Insurance
InsurTech News

APOLLO and Payquad Solutions Expand Partnership to Provide Renters Embedded Digital Insurance

Business Wire
APOLLO Insurance, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, has expanded its partnership with Payquad Solutions to embed tenant insurance directly into Payquad’s workflows, providing renters easy and seamless access to tenant insurance. “Apollo Insurance Solutions Ltd. and its subsidiaries” APOLLO’s platform launched......
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......
Risk Ready Ventures Launches Mobile App to Empower Users in Insurance Preparedness and Claims Management
InsurTech News

Risk Ready Ventures Launches Mobile App to Empower Users in Insurance Preparedness and Claims Management

PR Newswire
On the 19th anniversary of Hurricane Katrina, Risk Ready Ventures is proud to announce the release of its groundbreaking mobile app, designed to help users Get, Be, and Stay ready for their next insurance claim. This innovative mobile app provides a comprehensive suite of tools aimed at simplifying the insurance......
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