May 2024 - Page 5

TLDR: Erste Bank Hungary has launched Flight Delay Insurance in partnership with Companjon. The innovative insurance solution offers customers protection against travel disruptions due to departure delays, with automatic compensation of HUF

TLDR: AI and machine learning have the potential to revolutionize the insurance sector, but companies must first focus on data strategy. RPA is essential for automating manual tasks before adopting generative AI.

Let’s see what’s in the news today. Briefing: Two Insurtech 50 firms collapse amid continued investor … ‘Investors are becoming more democratic in their funding allocations,’ says global head of insurtech Read

TLDR: Insurtech, the integration of technology into the insurance industry, is revolutionizing the way insurance services are delivered. With advancements in AI, blockchain, IoT, and ML, insurtech is reshaping how insurance products

Article Summary TLDR: INSTANDA and UnderwriteMe collaborate to transform life and health insurance offering. The integration of INSTANDA’s no-code core platform and UnderwriteMe’s underwriting automation enhances operational efficiencies within Life Insurance. Article

TLDR: Assurant has launched a new solution called Assurant® TechPro to provide specialized tech support to residents in multifamily housing complexes. The product aims to address the increasing demand for smart tech

CLARA Analytics Article Summary TLDR: CLARA Analytics, a leading AI technology provider for insurance claims optimization, has appointed Wayne Chung as CTO and Mark Tainton as Chief Customer Officer. Chung brings cybersecurity

TLDR: Two Insurtech 50 firms, HugHub and Humn.ai, collapsed due to funding issues. Global insurtech funding dropped below $1bn in Q1 2024. Briefing: Two Insurtech 50 firms collapse amid continued investor caution

Let’s see what’s in the news today. Earnix and Exavalu partner to revolutionise property & casualty insurance pricing Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial

TLDR: CLARA Analytics announced new senior level hires, including the former CTO of the FBI and an insurance industry veteran. The new Chief Technology Officer, Wayne Chung, and Chief Customer Officer, Mark