Let’s see what’s in the news today. Kenya: InsurTech start-up uses AI to reduce waiting time With the number of health policies being taken out on the rise, insurance companies hope to
TLDR: Macquarie Insurance Facility has gained Lloyd’s coverholder status and partnered with Mosaic Insurance to enhance its insurance offerings. The move aligns with Macquarie’s strategy to expand its premium volume and provide
Key Elements of Zywave Article TLDR: Key Points: Zywave launches Cyber Quoting platform to simplify insurance distribution processes The platform connects global cyber insurers and U.S. distributors, streamlining data collection and offering
TLDR: Cowbell introduces Prime Tech with Cowbell Co-Pilot, a generative AI solution for underwriting workflows. Prime Tech combines cyber risk insurance with Technology Errors and Omissions primary coverage and uses AI to
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Let’s see what’s in the news today. Insurtech startups capitalise on soaring cybersecurity risks Experts say that today many companies are allocating a budget for both cybersecurity and cyber insurance. Read the
California Homeowners Insurance Crisis TLDR: California homeowners face a crisis as major insurers, Tokio Marine and Trans Pacific, exit the state, leaving many without coverage options and forcing them to turn to
TLDR: 95% of claims handlers in the US and UK believe technology will significantly impact claims processing in the next five years. 55% of handlers find reviewing and processing claims documents burdensome,
“`html Deloitte Launches Insurance Growth Suite Technology Solutions TLDR: Deloitte launches Insurance Growth Suite technology solutions to address challenges in the insurance industry. The platform is designed to help insurance companies future-proof
TLDR: Key Points: mTek, a Kenyan InsurTech firm, has secured a significant investment of $1.25 million to revolutionize the insurance industry in Africa. The company’s focus on technology, including AI and machine