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Private equity looks to the CIO as value multiplier

CIO

As private equity firms invest in companies, they aim to increase value rapidly, and leveraging technology is a key strategy in achieving this objective,” he says. The CIO touches everything While Buccola’s evidence of an elevated CIO role is anecdotal, Michael Corrigan, CIO of large insurance broker World Insurance, sees the same trend.

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YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

TechCrunch

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. Insurance companies were losing a lot of money to fraud.

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Colorado AI legislation further complicates compliance equation

CIO

The bill defines consequential decision as being any decision “that has a material legal or similarly significant effect on the provision or denial to any consumer,” which includes educational enrollment, employment or employment opportunity, financial or lending service, healthcare services, housing, insurance, or a legal service.

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Governance and Fighting the Curse of Complexity

CIO

The Burgeoning Complexity of IT and Security Solutions On a business level, complexity comes from growth through acquisition – when enterprises inherit systems of record and of work that, more often than not, are different from one another. Cyber insurance. Testing vendor solutions. Risk considered in vendor contracts. State actors.

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Sesamm bags $37M to give corporates ESG insights using natural language processing

TechCrunch

investment giant Carlyle Group , French corporate and investment bank Natixis , Japanese multinational insurance holding company Tokio Marine , and U.K.-based Companies can access Sesamm’s flagship product, TextReveal , via several conduits, including an API that brings Sesamm’s NLP engine into their own systems.

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Atlantic Health streamlines insurance authorization with intelligent automation

CIO

When the COVID-19 pandemic started, Atlantic Health System, like other healthcare providers, found itself under enormous stress. Each of the more than 100 radiology practices across Atlantic Health System was responsible for its own authorization requests, which required significant investment of time and attention to administrative tasks.

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EvolutionIQ secures $21M to streamline insurance claims processing with AI

TechCrunch

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.

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