Your Daily InsurTech Briefing – 2024-01-29

January 29, 2024
1 min read

Let’s see what’s in the news today.

InsurTech 2.0 Brings AI to SMB Insurance, Foxquilt Says

A Toronto-based company is using AI to customize insurance policies for sole proprietorships and small businesses, embedding payments in the process.

Read the original article here

75% of insurance organisations set to replace core insurance management platforms by 2025

75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea.

Read the original article here

Insurtech firm Root appoints UK country manager

Alex Astengo will develop Cape Town-based Root’s UK presence, as it is in partnership discussions with insurers, retailers, banks and telcos.

Read the original article here

Amazon slams doors on UK Insurance Store after only 15 months

Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.

Read the original article here

Capella Space and Floodbase partner to enhance parametric flood insurance

Capella Space Corp., an American space tech company, has announced a strategic partnership with Floodbase to enhance parametric flood insurance.

Read the original article here

Latest from Blog

Your Daily InsurTech Briefing – 2024-09-24

Let’s see what’s in the news today. Insurers grapple with AI ethics and regulation USAA, MMG Insurance and Munich Re executives spoke about these insurers’ efforts to model risk and use data

Genius.AI teams up with ClickBank for AI digital marketing!

TLDR: Genius.AI partners with ClickBank to revolutionize digital marketing with AI-powered solutions. The collaboration introduces cutting-edge AI technology to ClickBank’s affiliate network, simplifying processes for new and experienced users. Genius.AI, a leader