Your Daily InsurTech Briefing – 2024-04-19
Let’s see what’s in the news today. Insurance platform bets on Artificial Intelligence to ease claims processing M-Tiba has integrated Artificial Intelligence (AI), into its insurance claims processing system. Read the original article here Markets/Coverages: Insurtech Slice Expands Contractors General
Introducing cutting-edge insurance for hacking protection by M2 Recovery.
TLDR: Key Points: M2 Recovery has unveiled an insurance product for legal expenses related to recovering stolen digital assets The policy covers up to
OpenEyes partners with Metropoline for revolutionary AI claims management.
TLDR: OpenEyes has partnered with Metropoline to implement AI-powered claims management technology in their fleet of 1,900 buses to enhance safety and reduce accidents.
3 InsurTech disruptors revolutionizing UAE’s insurance landscape.
TLDR: The InsurTech market in the UAE is growing rapidly, with many companies and startups leveraging technology to disrupt the industry. InsurTech platforms use
News
Tech
Irish drivers eligible for cash refunds after car insurance tech mishap
TLDR Irish drivers are in line for cash refunds after a car insurance tech blunder by Axa Insurance MEP Billy Kelleher calls for tougher sanctions on companies that overcharge customers An MEP
Your Daily InsurTech Briefing – 2024-04-17
Let’s see what’s in the news today. Startup Sprout Offers Tech-Backed Climate Insurance for Smallholder Farmers Ashley King-Bischof founded a company called Sprout in 2021 with a multifaceted approach to building climate
Irish drivers get cash back after car insurance tech mistake.
TLDR: – Insurance companies in Ireland are being called to be more vigilant and accountable for overcharging customers. – Axa Insurance had to issue refunds to 400 customers who were overcharged due
Labor Department asks Congress for help fixing unemployment insurance tech.
TLDR: The Labor Department is asking Congress for help to fix the unemployment insurance system after the pandemic exposed weaknesses. They are seeking adequate funding, reforms to include more workers, and better
World
American Family Life Insurance thrives with Munich Re automation tools
TLDR: Munich Re Automation Solutions and American Family Life Insurance collaborate on a cloud-based automation platform. American Family Life Insurance transitions to ALLFINANZ NOVA to streamline life insurance application and underwriting processes. Munich Re Automation Solutions has established a significant business relationship with American
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Australian FinTech Honey Insurance secures $108 million for smart home safety.
TLDR Australian FinTech startup, Honey Insurance, raises $108m in Series A funding round led by Gallatin Point Capital. Honey Insurance offers smart home insurance solutions with proactive prevention through smart sensors. Key
New tech insurance protects small farmers against climate risks.
Article Summary TLDR: Startup Sprout, founded by Ashley King-Bischof, offers climate insurance for smallholder farmers using advanced technology to provide weather-related information. The firm has received a grant from USAID DIV and is piloting its insurance service with 1,000 farmers
Your Daily InsurTech Briefing – 2024-04-16
Let’s see what’s in the news today. Who’s using what in P&C insurance: March 18, 2024 Insurance technology news from Oneglobal, Earnix and more.
Manage life insurance and annuities with our data-driven platform.
Data-Driven Platform to Manage Life Insurance and Annuities | Verisk TLDR: Verisk offers innovative solutions for managing life insurance and annuities Their data-driven platform
Business
Your Daily InsurTech Briefing – 2024-04-19
Let’s see what’s in the news today. Insurance platform bets on Artificial Intelligence to ease claims processing M-Tiba has integrated Artificial Intelligence (AI), into its insurance claims processing system. Read the original
Introducing cutting-edge insurance for hacking protection by M2 Recovery.
TLDR: Key Points: M2 Recovery has unveiled an insurance product for legal expenses related to recovering stolen digital assets The policy covers up to £250,000 of legal expenses and is unique in
OpenEyes partners with Metropoline for revolutionary AI claims management.
TLDR: OpenEyes has partnered with Metropoline to implement AI-powered claims management technology in their fleet of 1,900 buses to enhance safety and reduce accidents. This technology uses computer vision and AI to
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Your Daily InsurTech Briefing – 2024-04-19
Let’s see what’s in the news today. Insurance platform bets on Artificial Intelligence to ease claims processing M-Tiba has integrated Artificial Intelligence (AI), into its insurance claims processing system. Read the original
Introducing cutting-edge insurance for hacking protection by M2 Recovery.
TLDR: Key Points: M2 Recovery has unveiled an insurance product for legal expenses related to recovering stolen digital assets The policy covers up to £250,000 of legal expenses and is unique in
OpenEyes partners with Metropoline for revolutionary AI claims management.
TLDR: OpenEyes has partnered with Metropoline to implement AI-powered claims management technology in their fleet of 1,900 buses to enhance safety and reduce accidents. This technology uses computer vision and AI to
3 InsurTech disruptors revolutionizing UAE’s insurance landscape.
TLDR: The InsurTech market in the UAE is growing rapidly, with many companies and startups leveraging technology to disrupt the industry. InsurTech platforms use data analytics and automation to drive efficiency, reduce
Insurtech Slice expands contractor coverage with backing from Philadelphia Insurance.
Insurtech Slice Expands Contractors General Liability Insurance Offering TLDR: Slice Labs expands contractors general liability insurance offering Backed by Philadelphia Insurance Article: Slice Labs Inc., the New York-based insurtech, has expanded into
Your Daily InsurTech Briefing – 2024-04-18
Let’s see what’s in the news today. Irish drivers in line for cash refunds following car insurance tech blunder An MEP says insurance companies need to be more vigilant. Read the original
France smitten by revolutionary Lemonade homeowners insurance.
Article Summary TLDR: – Lemonade has extended its services to include homeowners insurance in France, building on its partnership with BNP Paribas Cardif. – The introduction of homeowners insurance marks a significant
Cytora and TradeAtlas shake up marine insurance with data-driven strategy.
TLDR: Cytora and TradeAtlas have partnered to revolutionize marine insurance with a data-driven approach Cytora’s cutting-edge solutions combined with TradeAtlas’s vast trade data will enhance risk assessment accuracy for marine insurers Cytora,
Roadzen: Revolutionizing Auto Insurance and Safety with AI for the Future
Driving into the Future: Roadzen’s AI Revolution in Auto Insurance and Safety TLDR: Roadzen is revolutionizing auto insurance with AI, telematics, and computer vision. Their use of real-time vehicular data and computer