Browsing: Insurance

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CoverGo, an AI-native InsurTech platform serving health, life and P&C insurers, has secured $6m in the first close of its Series B1 round to speed up worldwide uptake of its technology.

A systemic cyber event could lead to billions of dollars in claims that exceed current risk models.

The direct-to-consumer home insurer has enabled WebMCP so ChatGPT can quote on a homeowner’s behalf

Alliance Medinet provides services to several insurers, including HSBC Life, Singlife and Income Insurance, which have reported that their customers were affected by the incident.

The concept of spreading risk dates back to the Code of Hammurabi from around 1750 BC in Babylon. In the case of a voyage, merchants could take out a bottomry contract – a maritime agreement where the borrower, often a shipowner, pledged the hull of their vessel as collateral. Matters have evolved: while bottomry was…

AI-powered attacks and hidden supply-chain weaknesses are making insurers’ work more difficult, according to a new report.

Accelerating claims, fluctuating rates, and increasing consumer expectations are driving a significant transformation in the way insurance companies think about the customer experience. Explore how your insurance organization can adopt Generative AI to increase personalization opportunities, streamline underwriting processes through automation, and overcome operational challenges.

On Florida’s southeast coast, a homeowner often learns that a roof needs replacing from a piece of mail. The insurance carrier sends a renewal notice that questions the roof’s age, or an inspector writes that the shingles have a few good years left when the owner was counting on ten.