Your Daily InsurTech Briefing – 2024-06-09

June 9, 2024
1 min read

Let’s see what’s in the news today.

UK InsurTech hyperexponential appoints Risa Ryan to lead US expansion

UK InsurTech hyperexponential, a leader in data-driven pricing solutions for the insurance industry, has appointed Risa Ryan as head of US P&C to spearhead the company’s expansion into the US market.

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How Generative AI is transforming motor insurance claims

Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty – and Generative AI may be the future, as Simplifai explains.

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Sompo announces launch of new tech insurance product

It will be aimed at middle market clients in the UK

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Using Tech to Head Off Insurance Costs

Climate change will leave insurers and property owners less margin for error.

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How tech will revolutionize health care and life insurance

Overcoming challenges with technology and uniting underwriting professionals.

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