IIR

Generative AI is Coming For Insurance: Celent Report

IIR talks with Celent Analyst Andrew Schwartz about the competitive opportunities and threats from Gen AI to insurers and how to navigate them.

Posted: Aug 17, 2023

Mivtach Simon Selects Novidea as Part of Digital Transformation Strategy

The project will centralize operational and service processes, boost efficiencies, turn data into actionable insights, and enhance customer services.

Posted: Aug 16, 2023

The Future of Embedded Insurance: Revolutionizing the Future of Coverage

Embedding insurance products into an existing purchase experience holds immense potential for transforming the insurance landscape as we know it.

Posted: Aug 16, 2023

Aktia Life Transforms Core Life Insurance Systems with Sapiens

Sapiens CoreSuite for Life and Pensions coupled with Sapiens Intelligence, hosted by Sapiens Cloud Services will support Aktia’s ambitions to expand its life insurance business.

Posted: Aug 15, 2023

Milepost Insurance joins Truckstop Partner Marketplace to Simplify Quoting Process

The partnership is part of the mission of Milepost, a Berkshire Hathaway company, to ease the insurance process for owner-operators.

Posted: Aug 14, 2023

Zurich Holding Company of America Acquires Cyber Counterintelligence Firm SpearTip

The acquisition expands the capabilities and risk mitigation services of Zurich Resilience Solutions’ Cyber Team.

Posted: Aug 14, 2023

Duck Creek Partners with Artigem for Jewelry Valuation

By providing carriers with the most up-to-date valuations for their scheduled items, the collaboration addresses an industry-wide need.

Posted: Aug 13, 2023

A Roadmap for Generative AI in Insurance

Here are nine steps to take that maximize your chances of success in developing and deploying generative AI applications

Posted: Aug 13, 2023

Benekiva Launches Portal360 Hub for Claimant/Carrier Collaboration

The new solution allows claimants to manage their claim and engage in real-time discussion with a carrier associate without ever leaving the intuitive Portal360 interface.

Posted: Aug 10, 2023

Guardian Life Adopts FINEOS Platform for Absence Management

Guardian’s group employee benefits business will leverage four core capabilities within FINEOS AdminSuite: policy admin, billing, claims and integrated absence management.

Posted: Aug 09, 2023

Victory Insurance Deploys Insurity Sure Claims Payments

The application enables near-instant delivery of claim payment and increased optionality for policyholders.

Posted: Aug 09, 2023

HDFC ERGO General Insurance Selects Duck Creek

The contract for Duck Creek’s technology suite marks the vendor’s entry into the Indian general insurance market.

Posted: Aug 09, 2023

NeuralMetrics Launches AI-Powered Lessor’s Risk Data Solution for Underwriters

Real-time insights on property occupancy exposures refine risk qualification and minimize coverage gaps for insurers and property owners.

Posted: Aug 08, 2023

NFP to Deploy Ascend Financial Technology Platform

Ascend’s billing technology platform will offer NFP’s insurance clients an automated, all-in-one solution to financing, collections, and payables.

Posted: Aug 08, 2023

Celina Insurance Group Selects Betterview for Accurate Roof Condition Data

The Ohio-based P&C insurer will use Betterview’s Property Intelligence and Risk Management solution to drive more accurate assessments of property conditions during policy renewal.

Posted: Aug 08, 2023

ASESUISA/SURA Adopts Munich Re Automation Solutions for Life Underwriting

El Salvador’s top life insurer will gain optimized digital underwriting solutions, streamlining both the customer experience and ASESUISA/SURA’s operational processes.

Posted: Aug 07, 2023

ChatGPT, You Are Always on My Mind

The first stop for insurers on the generative AI journey is near the base of the mountain: They can see the activity and storms above, but they haven’t started to climb yet.

Posted: Aug 07, 2023

Bees360 and Fixle Join Forces to Enhance Property Inspection

Collaboration between two property inspection leaders aims to enhance accuracy and scalability of property inspections.

Posted: Aug 07, 2023

Resilience Raises $100M Series D Round Led by Intact Ventures

Involving participation from Lightspeed Venture Partners, the new funding aims to accelerate adoption of new Resilience Solution and expansion across Europe.

Posted: Aug 06, 2023

NARDAC Launches Renewable Energy Insurance on Joshu Platform

The new platform will help NARDAC capitalize on the opportunities inherent to the $20 billion commercial and industrial solar market through automated underwriting and a digital storefront for retail brokers.

Posted: Aug 01, 2023

American Trucking and Transportation Insurance Company Selects Gradient AI

The risk retention group seeks to enhance claims management and facilitate better outcomes through an integrated solution with Origami Risk.

Posted: Aug 01, 2023

Amazon Selects CLARA Analytics to Improve Workers’ Comp Claims Outcomes

Amazon will implement CLARA’s platform including its Triage, Litigation and Treatment modules.

Posted: Aug 01, 2023

Converge Insurance Announces $15 Million Series A Funding from Forgepoint Capital

The funding will be used to accelerate expansion of platform’s functionality, expand go-to-market and insurance capacity for the MGA.

Posted: Aug 01, 2023

Concirrus Partners with Insurity to Provide Predictive Data for Marine Insurance

Concirrus will develop and deliver predictive data models for enhanced cargo risk management and pricing insights.

Posted: Jul 30, 2023

Unintended Consequences

Taking the time to do a detailed review of investment opportunities, an analysis of a range of likely outcomes, and a consideration for consequences should be a part of every planning cycle.

Posted: Jul 30, 2023