InsurTech stories
The recognition underscores growing demand for systems that turn scattered data into faster, governable decisions across large enterprises.
Banks handling failed payments could cut repair times as Finastra adds scheme-aware AI guidance to its OperatorAssist platform.
Fragmented administration platforms are making it harder for UK group protection insurers to cut manual work and connect with employers.
Insurers face growing pressure to connect pricing, underwriting and customer decisions as AI and shifting risks reshape the market.
The insurance software group is reshaping its top team to bolster AI oversight and sharpen its pitch to insurers as it pursues a wider strategy.
Insurers could better spot cyber claim risk as external digital footprint signals outperformed revenue, sector and geography in a study of 63,000 firms.
Insurers could cut costly system overhaul delays as the new software embeds AI in core policy, claims and billing workflows.
Yet many insurers still wait months to connect new systems, with only 29% saying tech plans delivered major gains last year.
The hire comes as North American insurers face pressure to speed up underwriting and claims while improving compliance and customer service.
Two thirds of senior insurance professionals expect AI to become fully autonomous within three years, despite patchy adoption and governance gaps.
It is designed to curb hallucinations and model drift by grounding insurer workflows in decades of sector-specific data, code and documentation.
Insurers in Australia and New Zealand may gain tools for fraud checks, customer communication and injury recovery after DXC picked three startups.
Its US business is expanding rapidly, with recurring revenue up 40% and growth in the market hitting 130% in the first half.
Fresh capital will back fintech startups as banks and insurers speed up digital modernisation, with Portage now overseeing USD $7.0 billion in assets.
Banks and insurers could spot commercial risk sooner after Veridion secured USD $20 million to expand its live business graph.
Asia-Pacific insurers facing cloud and AI overhauls may get tighter delivery oversight as Guidewire reshapes its regional leadership team.
The tie-up could help brokers spot at-risk clients earlier by linking service records with real-time feedback before renewals are due.
Road authorities may be missing hidden hazards as heavier rain and extreme weather increase landslip risks on high-risk corridors across Australia.
Customers in Tashkent can now complete vehicle selection, finance and paperwork through TBC Uzbekistan's app in about 24 hours.
Medium-sized firms face tougher boardroom cyber duties as the new platform aims to replace spreadsheets and fill a market gap.