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.

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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.

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Newgen Software

NOVEMBER 20, 2023

Artificial intelligence (AI) has made its presence felt across all domains. The continuously evolving technology keeps tech enthusiasts and industries on the edge, making them wonder what’s next. The latest to jump onto the artificial intelligence (AI) bandwagon is Generative AI (GenAI). Happy exploring!

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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.

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Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. This kind of intelligence proves the noble purpose of insurance.”

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The Accidental Successful CIO

JANUARY 25, 2023

However, now, industries as diverse as retailing, manufacturing, finance and insurance are taking advantage of new products that make it much easier for businesses to create AI tools specific to their needs. Those who use the technology are mostly data engineers, software engineers and business analysts.

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John Snow Labs

SEPTEMBER 5, 2023

Topics Covered Include Large Language Models, Semantic Search, ChatBots, Responsible AI, and the Real-World Projects that Put Them to Work John Snow Labs , the healthcare AI and NLP company and developer of the Spark NLP library, today announced the agenda for its annual NLP Summit, taking place virtually October 3-5.

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CIO

DECEMBER 7, 2023

Over the last year, generative AI—a form of artificial intelligence that can compose original text, images, computer code, and other content—has gone from experimental curiosity to a tech revolution that could be one of the biggest business disruptors of our generation. Where will the biggest transformation occur first?

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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.

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TechCrunch

JANUARY 7, 2022

The company creates optical sensors and novel classification systems based on machine learning algorithms to identify and track insects in real time. That data is turned into audio and analyzed by machine learning algorithms in the cloud. The impact of this technology is clear. The key here: real-time information.

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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

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. Embedded means insurance or protection products that are embedded into the customer experience as they buy a product or sign up for a service.

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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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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. Leveraging cloud technology for streamlined operations and enhanced scalability.

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Coforge

AUGUST 27, 2020

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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.

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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

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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Coforge

OCTOBER 20, 2023

Microsoft Copilot is an innovative technology that uses artificial intelligence (AI) and machine learning to streamline operations, enhance decision-making abilities, and improve customer experiences. Ideally suited for Insurance carriers to further improve profitability, productivity, and service.

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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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CIO

JULY 27, 2023

Soon after ChatGPT burst on the scene in November 2022, Chan realized generative AI would amount to far more than the just the latest technology flash-in-the-pan. If we don’t do anything about it, they will have no choice but to use it on their own,” says Chan, CIO of Avnet, a technology parts and services provider.

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TechCrunch

MAY 6, 2022

The demand for more and enhanced automated experiences in our daily lives is growing, and the insurance sector is no exception. This points to a changing market where consumers have higher and different expectations for insurance experiences, based partly on the ease with which they now do other tasks digitally, like shopping and banking.

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TechCrunch

MAY 12, 2021

Planck , the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth round. Planck said it currently works with “dozens of commercial insurance companies in the U.S.,” including more than half of the top-30 insurers. It will use its new funding to build its U.S.

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Newgen Software

JANUARY 25, 2022

Artificial intelligence (AI) is fast transforming how we work, think, and even live. Today, many industry leaders are hailing AI as one of the most revolutionary technological breakthroughs of all time. The post Leading with Artificial Intelligence appeared first on Newgen.

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TechCrunch

JANUARY 13, 2021

Car auto-insurance from legacy providers has structural bias built into it. It uses metrics such as credit score, income, marital status and education to figure out insurance rates, which eventually disproportionately hurts low-income individuals through high rates and low protection. How to rewrite the rules. Image Credits: Loop.

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CIO

OCTOBER 20, 2023

But home and automobile insurance company Allstate is taking a different approach. The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” Allstate expects to be up and running in 10 states this year for automobile policies and 19 states for rental insurance. “We

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TechCrunch

AUGUST 10, 2021

He also said the company “ continues to meet and exceed growth and revenue targets” with its first product, a service for comparing and buying car insurance. AI-powered Jerry raises $28M to help you save money on car insurance. Although Jerry also offers a similar product for home insurance, its focus is on car ownership.

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CIO

FEBRUARY 21, 2024

This monumental leap forward has wide-ranging implications for business, society, and technology. But the critical step of data preparation can’t be overlooked — and today, it uses decades-old technologies. The LLM can say, ‘My answer came from these triples or this subgraph.'” Artificial Intelligence

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CIO

NOVEMBER 8, 2023

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

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Apiumhub

OCTOBER 8, 2020

Adopting technological advancements has become a priority for companies that want to meet the expectations of their customers. Accentuare has recently published a report, and more than 80 percent of insurers believe that innovation has to be present for businesses that want to remain relevant. Trend #3 – Machine Learning.

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CIO

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

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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 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.

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Newgen Software

FEBRUARY 21, 2024

Generative artificial intelligence (GenAI) is perhaps one of the most disruptive and biggest technological advancements since the launch of the iPhone. Every industry is evaluating ways to utilize this tech to simplify their operations and boost businesses, and the insurance industry is not far behind.

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Tenable

JANUARY 26, 2024

Cyber agencies from multiple countries published a joint guide on using artificial intelligence safely. 1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? And much more!

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TechCrunch

JULY 20, 2021

Alex Dalyac is the CEO and co-founder of Tractable , which develops artificial intelligence for accident and disaster recovery. Here’s how we did it, and what we learned along the way. Build upon a fresh technological breakthrough. The next step was getting this technology into the real world. Alex Dalyac.

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CIO

MARCH 7, 2024

Public LLMs in the sandbox: Safely test publicly available Large Language Models (LLMs) in a sandbox environment, separate from the production setting, to assess their impact without risking operational disruptions. I’ve heard of companies creating a separate set of policies for every transformative technology.

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