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.

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TechCrunch

MAY 5, 2022

” The product is pretty neat; you pay for its insurance policy, and if the snow is too watery, your outdoor concert is washed out or your dreams of escaping with drinking pina coladas while getting caught in the rain are squashed, they’ve got your back. (The

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TechCrunch

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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Perficient

FEBRUARY 28, 2024

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance.

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TechCrunch

MARCH 25, 2021

Pie Insurance , a startup offering workers’ compensation insurance to small businesses, announced this morning that it has closed on $118 million in a Series C round of funding. Pie began selling its insurance policies in March 2018. We are riding that wave,” said Pie Insurance co-founder and CEO John Swigart. “We

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TechCrunch

MARCH 7, 2023

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Khoury says he was inspired to found Soci by the dearth of options for brands to manage their presence across digital marketing channels.

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TechCrunch

NOVEMBER 2, 2020

When it comes to using algorithms and other formulae to determine what kinds of services you might offer to specific customers and at what price, the insurance industry is one of the oldest in the book. Insurance is a huge industry, with McKinsey estimating back in 2017 premiums of more than €4 trillion globally. Now, a U.K.

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CIO

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. We are focused on being agile, not ‘doing Agile.’

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TechCrunch

MAY 17, 2023

The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary MetLife Next Gen Ventures. Bolttech’s Series B is closed to new interest from the market, but we continue to engage with the investor community in case of future opportunities,” he told TechCrunch.

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Trigent

SEPTEMBER 20, 2023

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

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CIO

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

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Cloudera

NOVEMBER 16, 2020

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

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Trigent

APRIL 23, 2021

As new technologies forge their way into diverse sectors, it comes as no surprise that the insurance sector is leveraging them for different reasons. Predictive analytics has found an important place in the insurance landscape for its ability to make data-based predictions. Understanding predictive analytics.

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Crunchbase News

MAY 3, 2024

million for business models around managing insurance for climate-related damage and tracking climate risk for critical infrastructure. New York-based Arbol, which pitches tools that rely on climate data to speed insurance payments, picked up $60 million in a Series B co-led by Giant Ventures and Opera Tech Ventures.

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CIO

NOVEMBER 8, 2023

The Fortune 500 company, born an insurer in Des Moines, Iowa, roughly a decade after the Civil War ended, is under pressure to provide customers with an integrated experience, particularly due to its expanded financial services portfolio, including the acquisition of Wells Fargo’s Institutional Retirement and Trust (IRT) business, Kay says.

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TechCrunch

MARCH 7, 2023

All said, Assured Allies joins with insurtech companies around the world that did manage to secure some decent funding recently, including Equisoft , Naked Insurance , Turaco and Acko. It has been proven to reduce the cost of long-term insurance claims by roughly 20%, Nahir told TechCrunch. Akilia Partners and Samsung Next.

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Altexsoft

JUNE 14, 2021

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

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TechCrunch

JULY 8, 2022

Moving Analytics (Movn), a virtual at-home intervention program for high-risk cardiac patients, claims to be “the most clinically validated” cardiac rehabilitation program on the market. Moving Analytics founders outside their Irvine office. Image Credits: Moving Analytics. Image Credits: Moving Analytics.

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TechCrunch

FEBRUARY 16, 2021

The company had already pivoted once, shifting focus from political work to commercial marketing. The Knoq team will bring a tech-forward approach to sales outreach and customer analytics. ” Image Credits: Knoq. . “It’s been a pleasure partnering with Knoq over the last few years.

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Trigent

MARCH 29, 2023

Gartner predicts the market for software enabling hyperautomation to grow at a CAGR of 11.9 New entrants dramatically impact the insurance landscape with diverse digital-first approaches , faster business model innovation , and agility. percent, touching almost $1.04 The answer lies in hyperautomation!

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Cloudera

JUNE 13, 2023

The bank offerings include standard deposit and lending services, credit cards, wealth management, agribusiness finance and insurance, and foreign exchange services for other financial institutions. In 2021, ANZ Bank unveiled its strategy to drive digital transformation, increase their speed to market and become more agile.

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Cloudera

AUGUST 31, 2020

From leading banks, and insurance organizations to some of the largest telcos, manufacturers, retailers, healthcare and pharma, organizations across diverse verticals lead the way with real-time data and streaming analytics. The stories of organizations that have adopted streaming analytics speak for themselves.

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CIO

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). There are indications the voice market is slowing. Low code/no code solutions give business teams the ability to deliver changes quickly,” he says.

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TechCrunch

APRIL 27, 2022

The startup has raised $25 million, a Series B that is being led by insurance and financial services giant USAA , with Mastercard, Capital One Ventures, C5 Capital, DataTribe, the CIA’s strategic investment arm In-Q-Tel, Cyber Mentor Fund, Bloomberg Beta, GC&H, and 1843 Capital also participating. .

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Coforge

JULY 20, 2023

In today's digital age, insurers are facing increasing pressure to provide personalized and convenient experiences to their customers. Many insurers lack the data and analytics capabilities they need to make informed business decisions. There is also a need for better business intelligence.

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CIO

FEBRUARY 21, 2024

Our strategy was to accelerate our core competencies to position ourselves and our brand in the market. As a company, Jackson is a hybrid of financial services and insurance focused on the retirement income market. We recognize that in five years, our industry is going to look different than it does today.

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Datavail

SEPTEMBER 2, 2021

Moving data analytics to the cloud would be much simpler if it were a “lift and shift” process. Since that’s not possible when you’re moving analytics to the cloud, you need to be prepared for the challenges you’ll face. But, there are many players in the data analytics market. Technology Infrastructure.

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TechCrunch

APRIL 11, 2023

Clear Street , which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation. The company makes money by charging fees for transactions and the financing of public market securities. “We billion valuation.

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Tenable

SEPTEMBER 22, 2023

Insurance provider Coalition said in its “ 2023 Cyber Claims Report: Mid-year Update ” that cyber claims rose 12% in the first half of 2023 compared with the second half of 2022, a surge driven primarily by ransomware attacks. Other ransomware insights from the report include: The number of ransomware attacks in the U.S.

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TechCrunch

FEBRUARY 7, 2022

Reports say healthtech in Africa should reach a market value of over US$11 billion by 2025 and Reliance Health is looking to play a pivotal role in the continent reaching that capitalization. It uses an integrated process to provide health insurance and telemedicine via partnerships with hospitals and healthcare facilities. “So

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Trigent

APRIL 28, 2021

The global robotic process automation market is growing in size with a CAGR of 24.9% The insurance industry is still exploring ways to leverage its capabilities to their full potential, those who have managed to make inroads are already experiencing extraordinary benefits. between 2020 to 2027 and is expected to touch USD 6.10

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CIO

AUGUST 19, 2022

The traditional in-person process of insurance agents meeting with prospective customers to discuss policies, sign paperwork, and load it into the company’s client/server system came to a complete halt. Because we are an insurance company, what we are is a promise on a piece of paper,” says then-CIO Richard Gilbert. “We

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TechCrunch

SEPTEMBER 20, 2022

Despite representing 10% of the world’s GDP, the tourism industry has been one of the last to embrace big data and analytics. On the analytics side, Zartico uses AI to predict activity, like the volume of visitors to a certain area, and to extract mentions of travel destinations from unstructured text (e.g. Image Credits: Zartico.

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TechCrunch

NOVEMBER 16, 2021

EasySend has some 100 enterprise customers today, spanning areas like education, government, financial services and insurance. The latter two are particularly strong verticals for EasySend, with Cincinnati Insurance, NJM Insurance Group, PSCU, Sompo and Petplan among its customers. The startup has raised $71.5 million to date.

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CIO

APRIL 12, 2022

Accenture was the only IT service provider that performed well across all market segments that Everest Group evaluates. Beating or meeting this performance will require similar persistence on capability development and value proposition across markets.”. There were no ‘also rans,’” Singh says. Top 10 IT service providers of the year.

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Coforge

AUGUST 27, 2020

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