The insurance industry is poised for a major transformation with the advent of Kyber's AI-powered platform. Backed by Y-Combinator, Kyber aims to solve a long-standing issue in the industry: the cumbersome claims notification process. Through automation and artificial intelligence, this
The insurance industry is undergoing rapid change, driven largely by the need to digitize traditionally manual workflows. At the forefront of this transformation is Korint, an emerging InsurTech company that has recently secured €5 million in funding to accelerate its digital initiatives. This i
The U.S. InsurTech sector has long been viewed as a fertile ground for innovation and significant growth. However, the second quarter of 2024 saw a dramatic drop in both funding and deal activities, raising questions about the underlying reasons for this downturn despite the sector’s potential. T
Predictive analytics, a technology that utilizes historical data to predict future outcomes, is revolutionizing the insurance industry in unprecedented ways. This cutting-edge approach enhances various facets of insurance operations, including risk assessment, pricing accuracy, customer retention,
In a world where technology constantly evolves, consumers' priorities shift in remarkable ways. This trend is strikingly evident in the insurance industry, where recent surveys reveal that consumers increasingly favor technology-enhanced services over lower costs. The Insurity 2024 Severe
In the rapidly evolving landscape of claims management, CorVel Corporation has made significant strides by integrating advanced technologies like generative AI into their processes. Recognized for its innovation and effective collaborations, CorVel has positioned itself as a leader in transforming
