January 2024 - Page 4

TLDR: Amazon has announced the closure of its UK insurance business, The Amazon Insurance Store, less than two years after its launch. The online retail giant initially partnered with leading insurers LV,

TLDR: – 75% of insurance organisations worldwide are planning to implement new core insurance management systems in the next two years. – A survey found that insurance organisations struggle with outdated technology

TLDR: UK Insurtech Qover Introduces Motor Insurance Solution Qover, an insurtech focused on creating a global safety net through insurance, has launched its motor insurance solution in the UK. This expansion follows

Key points: The Asia-Pacific InsurTech market offers unique challenges and opportunities. The market in Asia-Pacific is still holding onto legacy solutions, lagging behind the UK. Novidea urges the space to move away

Let’s see what’s in the news today. Digital Transformation in Indian Insurance: Revolutionizing Customer Experience and Driving Financial Inclusion CXOToday has engaged in an exclusive interview with Sriram Naganathan, President & CTO,

Key Points: – Insurtech startups are using technology to innovate the claims processing and management process in the insurance industry. – There is a shift from customer service-focused claims processing to a

TLDR: North Star Mutual Insurance has partnered with InsurTech firm Kalepa to implement the company’s Copilot underwriting platform. The deployment, which took place in June 2023, aimed to enhance underwriting processes across

TLDR: Erie Strategic Ventures, the venture capital arm of Erie Insurance, has made strategic investments in three startups – Wagmo, Roots Automation, and Trust & Will. These investments support tech-enabled pet wellness

TLDR: The insurance industry in India is undergoing digital transformation to improve customer experience and promote financial inclusion. Technologies such as AI, machine learning, automation, and data analytics are being used to

Let’s see what’s in the news today. Managed Care & Healthcare Solutions As a Managed Care Organization, We Provide Access to High-Quality Healthcare Solutions that Help Families & Individuals. Learn More About