Your Daily InsurTech Briefing - 2024-06-11 | INSURBRIEF

Let’s see what’s in the news today.

Marsh McLennan Agency acquires Perkins Insurance Agencies to expand West Texas services

Marsh McLennan Agency, a subsidiary of Marsh, has announced the acquisition of Perkins Insurance Agencies, an independent agency based in Abilene, Texas.

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1Fort launches AI-driven platform to revolutionise insurance broking

1Fort, a leading VC-backed InsurTech, has announced the launch of its cutting-edge AI platform that enables brokers to instantly quote from leading specialty markets.

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Quantee partners with Zurich to drive innovation in pricing

Quantee, a leading InsurTech firm, is set to enhance Zurich Insurance Company’s pricing strategies by leveraging its next-generation pricing platform.

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Bestow to Focus on Tech, Sell Life Insurance Unit

The insurance technology firm is selling its life insurance subsidiary to Sammons.

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Cover Whale: Insurance Tech Company Raises $27.5 Million

Cover Whale Insurance Solutions, a leading insurtech specializing in connected insurance for commercial auto, announced $27.5 million in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.

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Your Daily InsurTech Briefing – 2024-09-07

Let’s see what’s in the news today. Closing the insurance talent gap: the role of technology and innovation The gap grows ever wider and needs a solution. Read the original article here

Kenyan insurers embrace AI to boost business development with shifts.

TLDR: Insurers in Kenya are embracing AI technology to improve their businesses, including assessing risks, combatting fraud, and offering personalized pricing. Companies like Prudential Insurance and M-Tiba are integrating AI into their

Tech revolutionizes employee perks. Uncover its impact on benefits now.

TLDR: Technology is revolutionizing the employee benefits space, making the experience more personalized, user-friendly, and proactive. AI is being used to streamline healthcare tasks and provide better insights. Benefits are becoming more

AI dominates healthcare technology rankings for fourth consecutive year.

TLDR: Artificial intelligence (AI) has been ranked as the top emerging technology in healthcare for four years in a row. 85% of executives see significant potential in AI for enhancing administration, operations,

Stay ahead in insurance industry with latest tech trends report.

TLDR: Insurers in Canada are employing new technology like generative artificial intelligence to address industry challenges. Reuters report indicates that insurers are investing in data analytics, automation, and planning to adopt AI

Closing the insurance talent gap with technology and innovation.

TLDR Key Points: The insurance industry faces a talent gap, with only 7% of young people viewing it as a viable career path. Technology and innovation play a crucial role in attracting

Your Daily InsurTech Briefing – 2024-09-06

Let’s see what’s in the news today. Flowcode and REIN join forces to revolutionise embedded insurance Flowcode has partnered with REIN, an embedded insurance technology company, to help consumers secure quotes and find

Insurance risk service plans play a crucial role in coverage options.

TLDR: In today’s insurance sector, managing the human side of risk is crucial for success. A well-structured risk service plan can lead to benefits for insurers and insureds. In today’s rapidly changing

IAT Insurance Group chooses CLARA Analytics to streamline claims operations.

TLDR: IAT Insurance Group partners with CLARA Analytics to implement Claims DocIntel Pro platform The partnership aims to streamline auto and general liability claims processes, reduce costs, and eliminate errors IAT Insurance

Health In Tech files for $10M IPO in stop-loss marketplace.

TLDR: Health In Tech, a stop-loss insurance marketplace, filed for a $10 million IPO offering 2.3 million shares at a price range of $4 to $5. Revenue for the company increased by