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As insurers look to be more agile, data mesh strategies take centerstage

CIO

In this way, data may just be the ultimate disruptor – a fact that the insurance industry knows all too well. As data volumes continue to increase alongside a correlating number of business requests, modern insurance data leaders face a nuanced set of challenges. Enter data mesh. To learn more, visit us here.

Insurance 246
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How strategic partnerships are the key to AI-driven innovation

CIO

Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. This can be particularly challenging in heavily regulated industries such as healthcare, insurance, and finance.

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South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe

TechCrunch

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
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TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Twenty of the top 100 insurance agencies in the U.S. (as BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round.

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DigiSure, the mobility insurance platform with high-tech screening, comes out of stealth with $13.1M raise

TechCrunch

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
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FSI Member Spotlight, Episode #1: How Regulations Impact Innovation in Insurance

Praxent

FSI Member Spotlight, Episode #1: How Regulations Impact Innovation in Insurance. For the inaugural episode of our Financial Services Innovators (FSI) Spotlights, Lance Vaughn, Praxent Senior Director of Innovation sat down with Caribou Honig, Chairman and Co-Founder of Insuretech Connect (ITC). The result?

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What the Digital Operational Resilience Act means for you

CIO

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. DORA puts a heavy focus on financial organizations in the EU – from banks to insurance companies – but those are not the only businesses that will need to adhere to the policy.