Digital insurance company Lemonade is claiming a new record after paying out a claim in just two seconds. The speedy settlement happened in the UK, where a customer’s bike was stolen from the street ...

The cyber insurance market is undergoing a significant transformation, driven by the increasing frequency and sophistication of cyber attacks. A recent survey of 300 decision-makers, conducted by ...

Risk assessment in the insurance industry is a critical process that involves identifying, evaluating, and quantifying risks associated with insurable assets and activities. This systematic approach ...

Ansel, previously known as Brella, covers over 13,000 injuries and illnesses — from concussions to cancer — on one consumer-friendly platform. The insurtech is on a mission to build a world where ...

What does Sprout.ai do? Sprout.ai validates claims, checks for fraud, reduces waste and abuse, and also identifies outliers. It refines and improves customer data, with GDPR-compliant external ...

Digital-native TPA Reserv has sealed US$20m in Series A financing to expand its Generative AI claims data analysis tool. The latest capital raise is co-led by prolific investors Altai Ventures and ...

Leading insurance firm MAPFRE has announced impressive 2023 results, including €32.23bn in revenues, €26.91bn in premiums and €692m in earnings. Coming towards a century of conducting business, Mapfre ...

Daniel Schreiber is Chief Executive Officer and Chairman of insurance company Lemonade – a business that he founded in 2015 alongside Shai Wininger, the founder of freelancing marketplace Fiverr; and ...

The partnership aims to improve commercial auto insurance underwriting by integrating SambaSafety's driver risk management platform with Cytora's risk processing capabilities. This collaboration ...

Verisk, a leading data analytics provider, has recently released its 2024 Global Modelled Catastrophe Losses report, highlighting a significant uptick in the average annual loss (AAL) from natural ...

Swiss Re ’s Reinsurance Solutions arm has partnered with insurtech Benekiva, known for its claims and servicing platform solution, to develop a new end-to-end claims management platform. The ...

Vitality, the health and life insurance provider, has implemented FICO Platform to deliver data-driven personalised experiences across its one million member base, transforming its claims processing ...