Your Daily InsurTech Briefing – 2024-01-12

Let’s see what’s in the news today. US insurtech company Embroker launches real estate insurance programme Embroker, a US digital insurance company, has introduced an insurance programme, specifically designed for real estate agents

TLDR: Travel insurance providers are expecting a surge in claims after a global tech outage grounded flights, causing delays and cancellations. InsureMyTrip stated that over 1,600 customers had travel plans affected. Travelers

TLDR: Mobile technology is transforming the insurance industry by enhancing customer experience, enabling advanced analytics, integrating blockchain for security, leveraging IoT for real-time monitoring, and deploying AI and machine learning for improved

TLDR: Insurers are facing challenges due to climate risks and extreme weather events Satellite technologies are now offering cost-effective solutions for risk monitoring and assessment In a world where global temperature records

TLDR: Cover Genius and Priceline Partner Up on Travel Insurance Cover Genius and Priceline have announced a new partnership in the USA and Canada to introduce enhanced travel protection for flights, hotels,

TLDR: Embroker, a US digital insurance company, launches real estate insurance program. The program offers professional liability, cyber, business owners’, and workers’ compensation coverage. In May 2024, Embroker conducted a survey with

Let’s see what’s in the news today. Hiscox appoints new VP for technology E&O and cyber He brings nearly two decades of expertise in the role Read the original article here Insurers

TLDR: Five Sigma has introduced Clive™, the insurance industry’s first AI-powered claims adjuster. Clive revolutionizes claims processing with AI and automation, setting new benchmarks in efficiency, accuracy, and cost reduction. Five Sigma,

TLDR: Akur8’s innovative insurance pricing solution selected by Millennial Specialty Insurance (MSI) to streamline decision-making processes. Partnership to enhance pricing capabilities, deliver competitive rates, and expand within the U.S. personal insurance market.

TLDR: Akur8’s next-generation insurance pricing solution will be used by Millennial Specialty Insurance (MSI) to streamline decision-making processes within its pricing team. Akur8’s solution utilizes proprietary machine-learning technology to accelerate model building,