Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Utilizing digital tools to break down operational silos and facilitate data flow.

Insurance 52

Insurance Trends Industry Artificial Intelligence 52

TechCrunch

OCTOBER 26, 2022

Meet Evy , a French startup that is working on extended warranties and product protection insurance. The startup acts as an insurance broker and partners with Wakam to cover the risk — but it could also partner with other insurance companies in the future. Evy has created 25 tailor-made insurance programs in just a few months.

Insurance 245

Insurance Retail Programming Meeting 245

TechCrunch

JANUARY 9, 2023

Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K.

Insurance 305

Insurance Machine Learning Artificial Inteligence Fintech 305

CIO

JUNE 22, 2023

Technology has quickly become a top priority for businesses across every industry. And as the demand for tech talent grows in industries beyond tech, salaries are on the rise in fields such as consulting, finance, hospitality, and more. So much so that IT roles are no longer just the purview of the IT department.

Industry 292

Industry UI/UX Telecommunications Quality Assurance 292

CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion. “If

Insurance 233

Insurance Artificial Inteligence Artificial Intelligence Strategy 233

TechCrunch

AUGUST 25, 2023

Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state. The new policy will only apply to new drivers planning to use the rideshare platform.

Insurance 228

Insurance Policies Industry Strategy 228

TechCrunch

JANUARY 29, 2023

Founded by two insurance industry veterans, Eazy Digital wants to give small insurance companies in Southeast Asia the same advantage as their larger competitors. Its SaaS platform lets insurers digitize many parts of their operations, enabling them to scale up more efficiently.

Insurance 204

Insurance Scalability Industry Software 204

TechCrunch

MARCH 11, 2021

If you’ve ever had to file a claim with your insurance company, you know that it’s not exactly fun. And if you’ve ever had to file an auto or home insurance claim, you know that all the back and forth with your carrier and the various vendors can take up so much time.

Insurance 199

Insurance Industry Enterprise Performance 199

TechCrunch

FEBRUARY 1, 2023

French startup Seyna is slowly building an all-in-one platform for insurance brokers so that they can create, sell and manage insurance products from scratch. As the name suggests, Seyna Claims empowers insurance brokers so that they can handle claims themselves. They also take a cut on insurance premiums.

Insurance 214

Insurance Policies Company Industry 214

N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

Insurance 162

Insurance Artificial Inteligence Recruiting Artificial Intelligence 162

TechCrunch

APRIL 10, 2023

The inability to accurately assess risk for insurance purposes is costing the industry a lot of money. The 1-year-old company developed a universal API for insurance data and is taking an approach of a “Plaid for insurance,” Cameron Duncan, co-founder and CEO of Axle, told TechCrunch. Axle is trying to change that.

Insurance 189

Insurance Data Software Review Automotive 189

TechCrunch

SEPTEMBER 20, 2022

That business, an API platform for insurance infrastructure, said on Tuesday it has raised $75 million in new funding. Zopper works with insurance providers and creates byte-sized, personalized products that it then supplies to distribution partners. Zopper’s current porfolio of Insurance coverage (Image credit: Zopper).

Insurance 226

Insurance Retail Banking Fintech 226

TechCrunch

APRIL 5, 2023

Construction insurance company Billy announced today the closing of an additional $2.5 The second model uses the data from the SaaS platform to operate a marketplace that provides insurance solutions. In construction tech, nobody has built workflows for the insurance industry,” Gutsa told TechCrunch.

Construction 181

Construction Insurance Company Real Estate 181

TechCrunch

MARCH 17, 2021

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. billion people currently have access to insurance and some analysts say that digital firms could prove crucial in bringing these services to the masses. “India has an under-penetrated insurance market.

Insurance 298

Insurance Banking Policies Recruiting 298

TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

Insurance 233

Insurance Artificial Inteligence Technical Review Machine Learning 233

TechCrunch

SEPTEMBER 16, 2022

Will Ross and William Steenbergen were AI researchers at Stanford working on climate and atmospheric modeling and reinforcement learning, respectively, when they began to collaborate on wildfire modeling and hurricane modeling initiatives for the insurance industry. He pointed to Russia sponsoring cyberattacks on U.S.

Insurance 176

Insurance Artificial Inteligence Policies Machine Learning 176

CIO

JUNE 19, 2023

million people, with more than 400 sites of care, including six hospitals, and as the organization struggled with these issues, it quickly became apparent that insurance authorization for imaging and radiology services — a foundational diagnostic step before almost any care can begin — was a bottleneck.

Insurance 255

Insurance Healthcare Systems Review Technical Review 255

TechCrunch

MAY 21, 2021

Melbourne O’Banion is co-founder and CEO of digital life insurance company Bestow. An estimated 41 million Americans say they need life insurance but have yet to purchase coverage. There’s latent demand for life insurance currently unaddressed by much of the financial services industry, and embedded finance can be the solution.

Insurance 251

Insurance Social Industry Infrastructure 251

TechCrunch

DECEMBER 7, 2020

Lemonade is launching its renters insurance in France. Lemonade has optimized its insurance product in different ways. First, it’s supposed to be easier to sign up with Lemonade compared with a legacy insurance company. Chances are you don’t think that much about renters insurance. But it’s a lucrative industry.

Insurance 284

Insurance Nonprofit Social Industry 284

TechCrunch

JULY 8, 2022

Coalition, a San Francisco-based startup that combines cyber insurance and proactive cybersecurity tools, is preparing to expand outside of the U.S. This, Motta tells us, is a result of the booming cyber insurance market. for the first time following a mega $250 million Series F investment that takes its valuation to $5 billion.

Insurance 241

Insurance Policies Marketing Tools 241

TechCrunch

MARCH 13, 2023

Mercury , a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That’s 12x the industry standard for institutions of $250,000 in FDIC insurance that other institutions offer.

Insurance 244

Insurance Banking Government Groups 244

TechCrunch

MARCH 15, 2022

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said.

Insurance 260

Insurance SMB Artificial Intelligence Artificial Inteligence 260

TechCrunch

FEBRUARY 2, 2021

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Interestingly, the startup also got some industry validation in the way of investors. Interestingly, the startup also got some industry validation in the way of investors. million in a seed round.

Insurance 222

Insurance Fintech Sport Blockchain 222

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. While working with insurance companies they recognized how fast the insurance industry was modernizing, yet insurance sellers still struggled with customer experiences due to outdated payments processes.

Insurance 209

Insurance Technical Review Groups Software Review 209

TechCrunch

JULY 7, 2022

The latest is an insurance company called Ranger , which aims to elevate the agents in the insurance industry, rather than replace them. Most of the new-wave insurance platforms out there have been squarely focused on the end-consumer. But that’s where Ranger sees its future success.

Insurance 195

Insurance Policies Marketing Tools 195

TechCrunch

MARCH 9, 2021

Zego , the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Next up, the insurtech is betting big on offering insurance for fleets.

Insurance 262

Insurance Policies Internet Data 262

Coforge

DECEMBER 26, 2023

2023 Year-End Recap for Insurance As we bid farewell to 2023, it's time to reflect on the dynamic journey that unfolded in the insurance IT industry. The past year has been a testament to resilience, adaptation, and innovation, with the Coforge Insurance Business helping customers in their transformative journey.

Insurance 52

Insurance Industry Innovation 52

TechCrunch

JULY 8, 2021

Lula , a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Existing backers such as Nextview Ventures and Florida Funders also put money in the round, in addition to a number of insurance and logistics groups such as Flexport. to supplement its supply of vehicles.

Insurance 235

Insurance Infrastructure Minimum Viable Product Policies 235

N2Growth Blog

APRIL 17, 2023

Today, I will highlight some similarities in the insurance and finance industry and contrast them to Formula 1. Formula 1 racing is an industry built on speed, innovation, and teamwork. This article will explore the trends and challenges– and compare these industries.

Insurance 86

Insurance Comparison Trends Industry 86

N2Growth Blog

DECEMBER 26, 2023

Understanding the Evolving Role of Insurance Executives in Today’s Risk Landscape The role of insurance executives has significantly changed today’s risk landscape. Insurance executives must possess diverse skills and qualities to excel in this dynamic environment.

Insurance 94

Insurance Technical Review Development Team Review Culture 94

TechCrunch

NOVEMBER 11, 2021

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending. Image Credits: Root.

Insurance 216

Insurance Operating System Compliance Banking 216

TechCrunch

AUGUST 10, 2021

Working in the world of disability insurance for a decade, Colin Nabity felt not everyone could access this type of insurance due to its nature of it being difficult to understand and underwrite. Disability and critical illness insurance is typically income protection should someone be too sick or hurt to work.

Insurance 249

Insurance Marketing Software Review Technical Review 249

TechCrunch

APRIL 28, 2021

Wunderite builds and sells software designed to help insurance agencies more rapidly process insurance applications, and automate some of their processes. MacDonald previously worked for his family’s insurance business, while Schnare earned insurance experience by working for a large player in the market.

Insurance 246

Insurance Software Marketing Industry 246

TechCrunch

JULY 6, 2021

The pet care industry has boomed over the past several years. The pet insurance and perks startup has closed on a $12.5 The company was founded by Christie Horvath and Ali Foxworth , who both came from the world of finance and insurance and realized the gap in the market when it comes to pet insurance.

Insurance 254

Insurance Testing Programming Resources 254

TechCrunch

APRIL 19, 2022

Only 21% of the 12 million registered vehicles on Nigerian roads have genuine motor insurance, as the rest either have fake certificates (owners are mostly unaware) or are not covered at all. Etap claim to enable motor vehicle owners to purchase insurance in 90 seconds and complete claims in three minutes. Image Credits: Etap.

Insurance 220

Insurance Automotive Mobile Technical Review 220

TechCrunch

OCTOBER 4, 2021

Life insurance has had a new lease on life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to provision and pay for insurance, and how much coverage to give — is announcing some funding on the back of strong growth.

Insurance 248

Insurance Policies Fintech Innovation 248

TechCrunch

AUGUST 19, 2021

DigiSure, a digital insurance company that caters to modern mobility form factors like peer-to-peer marketplaces, is officially coming out of stealth to announce a $13.1 DigiSure says it goes beyond credit and driving history to give users a more personalized quote, and in the process helps operators lower their own insurance costs.

Insurance 246

Insurance Mobile Weak Development Team Machine Learning 246