January 2024 - Page 8

TLDR: Arch Insurance North America has appointed Prabhu Venkataraman as Chief Information Officer (CIO) as part of its efforts to enhance technology implementation and services. Venkataraman, who joins from Berkshire Hathaway Specialty

TLDR: Foxquilt has partnered with global insurance provider Markel to drive embedded insurance innovation for small businesses in North America. Foxquilt’s underwriting platform, powered by data analytics, will recommend tailored coverage and

TLDR: Verisk has created a Claims Advisory Board to drive innovation in the insurance industry. The board, consisting of chief claims officers, will assist Verisk in developing industry-leading products and services such

Let’s see what’s in the news today. Getting Data into Insurance and Using it Right with Max Drucker, Co-Founder and CEO of {Carpe Data Unlock the power of data in insurance with

TLDR: Arch Insurance North America has appointed Prabhu Venkataraman as Chief Information Officer (CIO) to drive technology transformation. Venkataraman will focus on implementing technology and services to meet the market demand for

TLDR: Digital managing general agent Foxquilt has formed a strategic capacity partnership with global specialty insurance provider Markel to offer embedded small business insurance technology. Foxquilt uses a data analytics-driven full-stack underwriting

TLDR: A recent survey has found that 72% of drivers are uncomfortable with automakers sharing their data with third parties. This lack of trust in tech in cars could hinder the development

TLDR: Thailand-based insurtech company, The Roojai Group, has acquired Lifepal, the leading online insurance broker in Indonesia. The acquisition will strengthen Roojai’s position in Southeast Asia’s most populous country and allow both

TLDR: Data in the insurance industry should be used purposefully and not just for the sake of having data. The uptake of technology in insurance is still slow, but there are steps

Let’s see what’s in the news today. Capri Global Capital plans to develop insurance platform BengaluruCapri Global Capital Ltd (CGCL) aims to revolutionize insurance delivery using technology and data analytics, with a