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, 2024The 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, 2024London'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, 2024The 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, 2024In 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, 2024In March 2023, the InsurTech Association (ITA) was founded with the mission to foster innovation within the insurtech industry in the United States. Within a mere 18 months, the ITA has seen phenomenal growth, reaching over 125 members, more than 80% of which are corporate entities. This astounding
September 30, 2024