The insurance industry has long been known for its traditional approaches and bureaucratic processes. At the heart of this evolution is technology, which helps insurance companies like ACKO to provide ...

There is a common saying in the insurance industry that nobody decides to work in insurance, but rather, they end up in insurance due to random circumstances. As an industry, I think we need to work ...

WASHINGTON, Jan. 14, 2025 /PRNewswire/ -- The American InsurTech Council (AITC) and the InsurTech Association (ITA) have announced the creation of a new strategic alliance to help shape the direction ...

As CPO, Niko will continue to drive innovation across BAP™ and mimia™, leading integration efforts with industry giants such as Guidewire, CoreLogic ® (now Cotality™), and Xactware. Over the past six ...

AI and ML are at the forefront of technological innovations in insurance. These technologies enable insurers to automate processes, enhance decision-making, and provide personalized services. Here’s ...

Use of AI also raises a host of regulatory concerns, which, in an industry that already has a well-established regulatory framework, may result in significant additional regulatory burdens for ...

It was an ordinary Tuesday in California until a phone call changed everything: "The hill behind your house is on fire." My stomach dropped. I then saw text messages from my kids’ school informing ...

If we look in the rearview mirror, the last few years have really not been particularly good for the insurance sector. The fact that combined ratios are over 100% means that the underwriting ...

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the overwhelming success of its Partner ...

Lemonade is reinventing insurance using AI to deliver real-time policies and instant claims processing (paid in 3 minutes), ...

FLOWER MOUND, Texas, Nov. 11, 2024 /PRNewswire/ -- NowCerts, Inc., a leader in insurance technology and agency management solutions, is excited to announce its rebranding to Momentum. This reflects ...