May 2024 - Page 7

TLDR: – Insurance industry is complicated and needs a makeover – Insurtech companies blend insurance knowledge with technology like AI and data science In a world full of uncertainty, protecting assets and

TLDR: Maritime technology startup Vanguard has secured $1m in funding to advance their automated insurance underwriting platform tailored for maritime operations. Notable investors include Hafnia, Motion Ventures, Portline, and KGJG. Vanguard aims

Key Elements of FloodFlash Article TLDR: FloodFlash launches Dealer Open Lot program in response to flood risks for US auto dealers The program offers sensor-enabled parametric flood insurance for comprehensive coverage FloodFlash,

THREEO AI Launches Insuretech Insurance Platform TLDR: THREEO AI has launched Insuretech specifically for the insurance industry, a leading-edge system that automates handling submissions and claims emails. They can reduce expenses for

TLDR: Strong processes are crucial for modernizing insurance organizations and overcoming challenges. End-to-end process automation platforms, like Appian, help insurers deliver stellar customer experiences. Effective processes enable insurers to meet customer expectations

Let’s see what’s in the news today. Shallow, deepfakes could impact insurance claims Are deepfakes threatening the insurance industry? Some experts suggest a second layer of verification may be needed to combat

CoverTree Article Summary TLDR: CoverTree secures $13 million in Series A funding to develop manufactured home insurance solutions This funding will enable the company to expand its product offerings and strengthen its

TLDR: InsurTech unicorn Go Digit General Insurance is launching an IPO to raise funds for strengthening capital reserves and solvency ratio. The IPO offering includes a combination of fresh issuance and stake

TLDR: Faye is disrupting the American travel insurance market Most Americans only realized the need for travel insurance following the COVID-19 pandemic Insurtech company Faye is making waves in the American travel

Untapped Potential of Smart-Home Insurance Solutions TLDR: Smart home insurance solutions are improving customer experiences. A recent panel discussed how to make these solutions more mainstream. The untapped potential of smart-home insurance