April 2024 - Page 7

Key Elements of Article: Who’s afraid of open insurance? TLDR: Key Points: Open insurance introduced in 2018 aims to integrate insurtechs into insurance processes via APIs. Benefits of open insurance include innovation,

Tech Update Summary TLDR: Sayata Risk Engine uses AI to flag high-risk accounts Canopy Connect and Hawksoft integrate to eliminate data entry for agents Sayata has launched the Sayata Risk Engine, an

TLDR: – Data from Insurity’s 2024 AI in Insurance Report shows consumers are against AI in underwriting and claims management. – There is a divide between insurers and policyholders regarding the use

“`html IoT in InsurTech: Revolution of the Insurance Industry TLDR: IoT plays a crucial role in InsurTech by enhancing risk assessment and efficiency. Key elements include usage-based auto insurance, automation of claims

You’ve likely heard of ergonomics, but how much do you really know about its benefits in the workplace? Ergonomics is more than just a buzzword. It’s a science that’s changing the way

Let’s see what’s in the news today. Insurance platform bets on Artificial Intelligence to ease claims processing M-Tiba has integrated Artificial Intelligence (AI), into its insurance claims processing system. Read the original

TLDR: Key Points: M2 Recovery has unveiled an insurance product for legal expenses related to recovering stolen digital assets The policy covers up to £250,000 of legal expenses and is unique in

TLDR: OpenEyes has partnered with Metropoline to implement AI-powered claims management technology in their fleet of 1,900 buses to enhance safety and reduce accidents. This technology uses computer vision and AI to

TLDR: The InsurTech market in the UAE is growing rapidly, with many companies and startups leveraging technology to disrupt the industry. InsurTech platforms use data analytics and automation to drive efficiency, reduce

Insurtech Slice Expands Contractors General Liability Insurance Offering TLDR: Slice Labs expands contractors general liability insurance offering Backed by Philadelphia Insurance Article: Slice Labs Inc., the New York-based insurtech, has expanded into