Your Daily InsurTech Briefing – 2024-07-29

July 29, 2024
1 min read

Let’s see what’s in the news today.

Saudi’s insurance sector unscathed by Microsoft, CrowdStrike outage, says IA

In Saudi Arabia, the IA issued a statement in Arabic to confirm the integrity and safety of its systems and the systems of the sector

Read the original article here

Flight Disruptions Due To Microsoft Tech Glitch: How Will Travel Insurance Come To Rescue?

At a time when a Microsoft tech glitch caused major disruption of flights across the world, which includes India, travel insurance can surely come to the rescue

Read the original article here

Insurers Face Business Interruption Claims After Global Tech Outage

Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance on Friday, insurance

Read the original article here

Artex EMEA strengthens team with addition of Bee Insurance’s Simon Camilleri as executive director

Artex EMEA, a global insurance manager, has integrated the team from Malta-based Bee Insurance Management Ltd., to continue its global expansion journey.

Read the original article here

Global tech outage prompts business interruption claims spike

A global tech outage last week could lead to insurers preparing for a potential surge in business interruption claims, reported Reuters.

Read the original article here

Latest from Blog

Your Daily InsurTech Briefing – 2024-09-18

Let’s see what’s in the news today. How Simplifai can step-up your insurance claims management Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For

Catalyit teams up with Big I to help agents succeed.

Article Summary TLDR: Catalyit and Big I partner to support independent insurance agents in adopting technology. Many agencies struggle with understanding, selecting, and implementing technology. Catalyit, an insurance technology hub, has joined

Can technology simplify insurance fraud?

Technology’s Impact on Insurance Fraud TLDR: Key Points: Technology has impacted the insurance industry, making it easier for bad actors to commit fraud. A survey is being conducted to understand how insurers