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 ...

Edenred Payment Solutions, a UK-based e-money institution, has introduced a new Virtual Card Number product aimed at insurance companies seeking to accelerate their claims payment process. The product ...

The insurtech landscape has transformed dramatically over the past decade, from an investor-fueled frenzy of startups to a more measured ecosystem where only businesses with genuine market ...

Sector-specific impact Construction firms continue to face the highest number of attacks, with 83 reported incidents in Q3 - a 7.8% increase from Q2's 77 cases. The healthcare sector experienced a ...

Property and casualty insurers are rapidly integrating artificial intelligence (AI) into their weather risk assessment processes as losses from extreme weather events continue to mount, according to ...

Sprout.ai, the leading claims automation platform for the insurance industry, has appointed Ian as the first member of its growth advisory board, effective immediately, aiming to enhance Sprout.ai’s ...

The transformation of Asia's insurance sector continues to accelerate as insurers seek technological solutions to handle increasing claims volumes from the region's growing middle class. Now, ...

Two-thirds of organisations faced an increase in cyber incidents over the past year, according to research from Hiscox, the Bermuda-headquartered global specialist insurer listed on the London Stock ...

Life and annuity providers have benefited from higher interest rates. Total US annuity sales increased 23% year-on-year to US$385 billion in 2023, with fixed annuities rising 36% to US$286.2 billion.

AXA: Gen AI Adoption In recent years, AXA has made significant strides in modernising its operations through artificial intelligence, with a particular focus on generative AI technologies. At the ...

Jennifer Hertzfeld, Senior Vice President of Claims at RAS, says: "With CLARA, we can empower our adjusters with amazing insights so that they may repurpose their time on tasks that make the greatest ...

Onsurity, the insurtech startup specialising in employee healthcare benefits for small and medium enterprises (SMEs), has successfully closed its Series B funding round at US$45mn. The latest ...