InsurTech stories
Insurers could better spot cyber claim risk as external digital footprint signals outperformed revenue, sector and geography in a study of 63,000 firms.
Insurers could cut costly system overhaul delays as the new software embeds AI in core policy, claims and billing workflows.
UK businesses could get cheaper cover and stronger defences as Acrisure and ESET package cyber insurance with security services.
Security fears and a skills gap are holding back UK small firms, even as nearly half now use AI and more plan to adopt it.
Fresh capital will back fintech startups as banks and insurers speed up digital modernisation, with Portage now overseeing USD $7.0 billion in assets.
Banks and insurers could spot commercial risk sooner after Veridion secured USD $20 million to expand its live business graph.
Asia-Pacific insurers facing cloud and AI overhauls may get tighter delivery oversight as Guidewire reshapes its regional leadership team.
The hires give Bamboo Connect named senior coverage across Europe as multi-market claims programmes become more complex for insurers and retailers.
Smaller insurance brokers could win larger corporate accounts as the platform cuts renewal work from more than 30 hours to under two.
Leadership continuity is aimed at steadying bolttech's expansion across 39 markets as Emma Butler and Philip Weiner take over key regions.
A survey suggests 21% of UK cardholders do not know what cover their cards include, highlighting a wider checkout protection gap.
Rising demand from insurers and brokers has helped the firm double its client base this year as it adds new catastrophe models and executives.
Medium-sized firms face tougher boardroom cyber duties as the new platform aims to replace spreadsheets and fill a market gap.
The bank aims to speed up customer payments and back-office tasks as it deepens use of Stripe's systems across its group.
Insurers could cut motor claims leakage of up to 10% as DingGo's new AI tool plugs into existing systems to handle specialist workflows.
Almost one in four drivers had a road incident in the afternoon rush, as fatigue and congestion made 3pm the riskiest hour.
Shared AI infrastructure will help the insurer roll out agents faster, while keeping oversight tight across its 52-country network.
Patients moving between Hong Kong and mainland China could get simpler treatment, claims and payments as the firms test services across the border.
The partnership could open access to more than 570 insurers in 43 countries as DingGo seeks live deployments of its crash management tools.
Productivity gains are being left on the table as businesses adopt artificial intelligence too slowly and without the skills or strategy to scale it.