InsurTech stories
Insurers could speed up claims and underwriting while keeping audit trails intact, as NTT Data targets regulated workflows with new AI tools.
Rising heat, flood and quake exposure is forcing operators to rethink resilience as Asia-Pacific data centre demand accelerates.
The new release lets insurers automate claims and underwriting tasks inside their existing systems, while keeping data access and compliance controls in house.
Insurers could speed up claims and underwriting work as the new framework embeds AI agents into core policy systems while keeping compliance controls.
The rollout aims to cut support calls and improve underwriting consistency as Generali scales its global platform across 27 markets.
Eligible quotes for small firms can now be issued in minutes, as the insurer says AI is helping speed underwriting and product rollouts.
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
By linking live security data to compliance workflows, the new platform aims to help firms prove controls work and reduce audit friction.
Eligible quotes now take minutes, as the system has lifted new business by 53% and shortened product launches to six weeks.
The shift reflects a bid to bundle operations software and insurance for 80,000 organisations as frontline work becomes more data-driven.
Insurers are under pressure to spot fraud faster as claims files swell and investigations become harder to defend in court.
Canadian business owners now have a new way to cap personal losses when lenders enforce personal guarantees on commercial loans.
Retailer moves into regulated services as the tie-up offers UK shoppers home cover from GBP £60 a year with no cancellation fee.
The funding lifts the Toronto start-up to USD $26 million as insurers and fleet operators seek easier access to fragmented telematics data.
Australians lost GBP £1.1 billion to scams last year, underscoring how banks now must protect customers' identities as well as their systems.
Phishing and fraud still drive most insured cyber losses, as artificial intelligence makes familiar scams more effective for clients.
The insurance software group is pushing ahead with its AI reshaping as Paul Wheeler takes over as Chief Executive Officer from Mike Ettling.
Banking and insurance teams could spot digital failures sooner as new tools feed governed customer-journey evidence into enterprise AI systems.
Fewer motorists switched cover as easing premiums cooled shopping activity, while older vehicles and Chinese brands complicated pricing.
Regulators are widening scrutiny of digital finance, forcing UK fintechs to overhaul cloud, payments and data strategies to meet tougher standards.
