InsurTech stories
Expansion into insurance infrastructure could lift Ebix's India growth above 20% a year as it localises global platforms for the market.
It gives Raise a foothold in India's fragmented insurance market as the group aims to expand beyond investing and trading products.
Businesses could see premiums better reflect live security posture as Qualys and Converge replace questionnaires with verified risk data.
Ebix Risk rolls out AI-enabled contract analysis and policy review for its COI platform, aiming to speed up vendor compliance checks and follow-up.
The Zurich startup plans to scale into new industrial sectors as insurers tighten standards and fire-related downtime grows more costly.
Security and compliance hurdles are being tackled as Confluent rolls out tools to help firms move AI data pipelines from pilot to production.
Regulators are warning insurers to keep humans accountable as AI speeds up claims work and other busy tasks, Guidewire says.
Customers now spend 796,000 fewer minutes on calls with the insurer after AI transcription cut handling times across sales, service and claims.
Irish fintechs are helping finance chiefs cut costs, speed up funding decisions and ease compliance across capital, accounting and payments.
Enterprises could gain more governed AI workflows as the software maker links agents, legacy app modernisation and Snowflake data access.
Turkish Airlines extends Cover Genius pact to add tailored travel protection in Australia, Latin America, the US and EU across more booking channels.
Renew Risk unveils US solar farm storm model as insurers brace for hail, tornado and wind losses in the fast-growing renewable sector.
Users of ABBYY systems will be able to add handwriting recognition and fraud checks without replacing existing document workflows.
Insurers modernising core systems are reshaping demand, and Sapiens has been recognised across both property and casualty and life rankings.
Growing use of AI fakery is forcing companies to verify who is really on screen before hiring, approving payments or granting access.
Human oversight remains a red line for many policyholders, with only 30% of UK consumers happy for insurers to use AI on pricing decisions.
Users can now ask ChatGPT about their own spending and savings after OpenAI added a Plaid-linked finance preview for US Pro subscribers.
As cyber claims rise and broker demand grows, the insurer is deepening its Australian push with a newly created local leadership role.
That backing could speed up property completions by making UK title insurance available on demand through a digital portal.
Customers in Southeast Asia can now keep AI data closer to home, as Pinecone adds local residency and lower latency in Singapore.