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Insurtech news: Technologies used to improve efficiency in the insurance industry based on KYC, big data, blockchain, cloud. Startups are the new agent.

Insurance

The impact of AI on the future of insurance

    The insurance industry is changing. In fact, it's evolving faster than ever before, and artificial intelligence (AI) is playing a big role in that...
Three trends reshaping the insurance landscape

Three trends reshaping the insurance landscape

Author: Phil Brown, Insurance GTM Lead   Rapid advances in technology, the continuing talent shortage and rising customer expectations for experiences of all types have disrupted...
InsurTech Previsico launches into US market to mitigate increasingly devastating flood losses

InsurTech Previsico launches into US market to mitigate increasingly devastating flood losses

  InsurTech Previsico today announces the launch of its live flood forecasting alert service, in partnership with Nexus Alpha USA, a hub for innovation in...
Synatic and Relativity6 partner to accelerate insurance underwriting processes

Synatic and Relativity6 partner to accelerate insurance underwriting processes

Partnership services to reduce implementation costs by 50% and deployment timelines by 70% Synatic, a leader in data integration and automation, today announced its partnership...
FMI Report: Insurtech market to reach US$ 165.4 bn by 2032

FMI Report: Insurtech market to reach US$ 165.4 bn by 2032

According to Future Market Insights (FMI), the insurtech market is forecasted to reach a net worth of US$ 165.4 Bn in 2032 from a...
MAPFRE Economics reveals the insurance sector invests one of every three euros in public debt

MAPFRE Economics reveals the insurance sector invests one of every three euros in public...

  Due to Covid-19, UK insurance sector investments with respect to GDP have soared to a record 109.4% In the Eurozone, investment in the insurance industry...
Synatic Becomes Licensed Partner of ACORD to Ensure Compliance for Insurance Data Standards

Synatic Becomes Licensed Partner of ACORD to Ensure Compliance for Insurance Data Standards

    Synatic, a leader in data integration and automation, today announced it has become a member of ACORD, the global insurance standards-setting body, as well...
Policy Powerhouse launches fast, simple holiday let insurance cover, powered by WhenFresh property data

Policy Powerhouse launches fast, simple holiday let insurance cover, powered by WhenFresh property...

  Digital broker Policy Powerhouse has launched the UK’s fastest and simplest holiday let  insurance offering, powered by WhenFresh property data, meaning that holiday business ...
Global insurance industry reveals huge work required before IFRS 17 goes live

Global insurance industry reveals huge work required before IFRS 17 goes live

According to a WTW survey, most IFRS 17 programmes will require a pragmatic approach to deliver on time.   Insurers have reported that there is still a...
Global cybersecurity insurance market value to reach US$ 61.2 billion by 2032-end: FMI report

Global cybersecurity insurance market value to reach US$ 61.2 billion by 2032-end: FMI report

By end user, cybersecurity insurance solutions to be leveraged maximum by insurance providers, registering an 18% CAGR Presence of major key players and...

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Wide

The Widening Acceptance Of Digital Currency

Once considered an outlier that existed only to be used on the fringes of the darkest space of the internet, cryptocurrency use and acceptance...
Migrating banking’s core to the cloud: a thorny issue no more?

Migrating banking’s core to the cloud: a thorny issue no more?

  Many industry observers recognise that banking is at an inflection point. The confluence of modern technologies is accelerating innovation in the financial services industry...

Ownly Secures an Oversubscribed $2.55M Seed Funding Round

—Capital Will Strengthen Ownly’s Offering As It Continues To Expand Into US Markets— CALGARY, Alberta--(BUSINESS WIRE)--Ownly—the fast-growth e-commerce PropTech solution for the home buying process—today...