article thumbnail

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. To learn more, visit us here.

Insurance 246
article thumbnail

Orus offers business insurance products to restaurant owners and other small companies

TechCrunch

The startup offers insurance products specifically designed for small and medium companies. Orus originally started with an insurance […] French startup Orus has raised an $11.6 million Series A funding round (€11 million).

Insurance 263
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Everything you need to know about parametric insurance

TechCrunch

Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by your insurer. Parametric insurance, on the other hand, ensures that everyone can win. But that old model doesn’t always work.

Insurance 246
article thumbnail

Insurance IT leaders herald new era for digital customer experience

CIO

The insurance industry is undergoing a sea change, with IT playing a crucial role in rolling out digital customer experiences for policyholders and agents, as in-person meetings all but vanish in the post-pandemic era. IT as industry differentiator Insurers and financial services firms like MassMutual, of Springfield, Mass.,

Insurance 331
article thumbnail

Data Science Fails: Building AI You Can Trust

AI has the power to transform countless industries — including the healthcare, banking, insurance, and public service sectors, to name just a few — by introducing new efficiencies and revealing new opportunities for companies to solve problems.

article thumbnail

Swiss Re streamlines insurers’ natural disaster response with AI

CIO

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 246
article thumbnail

Getsafe expands to France starting with home insurance

TechCrunch

Getsafe is now going to offer insurance products in France. The company will first offer a home insurance product. Getsafe is trying to disrupt the insurance market with a focus on digital-first insurance products. In its home market, Getsafe originally started with a home contents insurance product.

Insurance 224