The specificity of commercial lines business is precisely why insurers in this sector are poised to become the beneficiaries of new tech-driven efficiency gains up and down the value chain.
The program enables insurers to set their own limits of insurance and provide optional coverage for risks not typically covered by the National Flood Insurance Program.
A new Celent report serves as a starting point for a look at the InsurTech section of Israel’s tech startup culture, focused on the city of Tel Aviv.
The notion that AI replaces human workers is oversold. Technologies such as RPA, machine learning and NLP aim to complement human activities, not replace them.
The expanded partnership seeks to use SE2’s Aurum platform as the foundation of an integrated solution for legacy blocks and dramatically reduce time to market for introducing new products.
Many insurers continue to rely on manual documents and processes, not only inconveniencing their employees and customers, but also creating a variety of risks for themselves.
Microsoft’s announcement of the opening of two new cloud data centers in Johannesburg and Cape Town coincides with Sapiens’ plans for South Africa.
Duck Creek calls HTC a delivery partner that will provide expert system integration, analytics, and long-term technical support for insurers utilizing Duck Creek solutions.
Insurers participating in the ISO Preferred Data Partnership program will be able to provide native transactional data on premiums and losses directly to ISO.
MassMutual’s GAAP, Tax, and Statutory books are now running on one integrated solution.