Insurtech

Duck Creek Enhances Risk Management with RCT Acquisition
Risk Management Duck Creek Enhances Risk Management with RCT Acquisition

Duck Creek Technologies, a leading software solutions provider for the property & casualty insurance sector, has taken a significant step forward by acquiring Toronto-based Risk Control Technologies (RCT). This strategic acquisition will fully integrate RCT’s flagship platform, RiskHub, into D

October 11, 2024
How Is Phinsys Driving Innovation in the Insurance Technology Sector?
Technology & Trends How Is Phinsys Driving Innovation in the Insurance Technology Sector?

Phinsys, a leading provider of finance automation software for the insurance and reinsurance sectors, has reached a significant milestone: its inclusion in the 2024 InsurTec#00 list. This annual compilation by FinTech Global recognizes the top 100 companies revolutionizing the insurance industry

October 11, 2024
Can Jessica Buss Drive Earnix's AI-Led Growth in Insurance Sector?
Regulatory & Compliance Can Jessica Buss Drive Earnix's AI-Led Growth in Insurance Sector?

The appointment of Jessica Buss to the Board of Directors at Earnix, an AI-driven platform providing intelligent decision-making SaaS solutions to the insurance and financial services sectors, has generated substantial buzz in the industry. Set to commence on October 1st, Buss's role

October 10, 2024
How Is Insurtech Driving London's Insurance Job Market Boom?
Insurance How Is Insurtech Driving London's Insurance Job Market Boom?

London's insurance sector is undergoing a significant transformation, spearheaded by the rapid rise of Insurtech. This shift is dramatically affecting hiring patterns and job market dynamics within the industry. Recent reports from Lloyd's of London indicate the most favorable

October 2, 2024
Can the EXL Insurance LLM Revolutionize Claims and Underwriting?
Regulatory & Compliance Can the EXL Insurance LLM Revolutionize Claims and Underwriting?

The insurance industry has long grappled with inefficiencies, higher indemnity costs, claims leakage, and compliance risks. EXL, a leading data analytics and digital operations solutions provider, aims to address these issues with its recently launched EXL Insurance Large Language Model (LLM).

October 2, 2024
AXIAN Group Acquires Stake in Digital Insurance Startup WiASSUR
Technology & Trends AXIAN Group Acquires Stake in Digital Insurance Startup WiASSUR

In a noteworthy development that underscores the growing digitization trend within the insurance industry, the pan-African AXIAN Group has acquired a significant stake in Ivorian insurtech startup WiASSUR through its subsidiary, AXIAN Investment. Although the financial terms of this transaction

October 2, 2024
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