Insurity, a leading provider of cloud-based software for insurance carriers, MGAs, and brokers, today announced the expansion of its strategic partnership with OIP Insurtech, a technology company ...
Many startup sectors came out of 2021’s hype with a massive hangover in the form of valuations that they simply couldn’t justify as the market dipped and dived. Insurtech startups had it the worst, ...
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Insurtech startups face squeeze as insurers build AI
Aviva Chubb and MetLife are developing artificial intelligence capabilities in-house. Insurers risk falling behind in 2026 as artificial intelligence moves from testing to practical use. CB Insights ...
Insurtech has become one of the fastest growing segments in fintech. McKinsey & Co. reported that over $10 billion has been invested in insurtech since 2012. Already there are over 2,500 insuretechs ...
There were two markets for insurtech startups in 2021: one welcoming and one dismissive. Private market investors poured capital into promising insurtech startups, while the public markets sent the ...
New York, United States, June 02, 2022 (GLOBE NEWSWIRE) -- Insurtech focuses on applying technological advancements to the existing insurance sector paradigm to extract cost advantages and ...
For the past many years, insurance AI has had one clear job, and that is to create claims at a faster pace. FNOL went digital ...
The Insurtech Market size is expected to reach USD 27.8 billion by 2024 and is further anticipated to reach USD 239.2 billion by 2033 according to Dimension Market Research. The market is anticipated ...
Until 2023, payments companies could do no wrong in the eyes of fintech industry observers and participants. Businesses in this segment were among the few that successfully navigated IPOs and kept the ...
Young shares the story of his company and his vision for the future of the insurance industry and the impact of AI.
Launched in 2013, Chinese non-life insurer ZhongAn has already reached a market cap of US$13.6 billion on the Hong Kong Stock Exchange, where it started trading in late September this year. ZhongAn ...
DITO Telecommunity and Stere Asia Pacific today formalized a strategic partnership through a contract signing ceremony, ...
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