The insurtech industry is rapidly transforming the traditional insurance landscape by integrating advanced technological innovations. This sector leverages technologies such as artificial intelligence (AI), machine learning, blockchain, and the Internet of Things (IoT) to enhance efficiency, reduce
The insurance industry is consistently evolving and, with changing landscapes, the need for adaptive leadership has never been more critical. Recent key appointments in major firms like Ryan Specialty Underwriting Managers International (RSUM International) and Howden Re reflect a strategic
Ondo InsurTech PLC recently announced the signing of a contract with Selective Insurance, aiming to extend the reach of its LeakBot technology to four additional U.S. states. Following a successful initial launch in New Jersey, LeakBot will now be accessible to homeowners in Virginia, Pennsylvania,
A groundbreaking development in Ghana's insurance sector has been catalyzed by ETAP, Africa's leading insurtech startup, gaining the country's first operational insurtech license from the National Insurance Commission (NIC). This unprecedented license empowers ETAP to process claims, collect
As technology continues to advance at a rapid pace, its impact on various sectors has been profound, none more so than the Delegated Underwriting Authority Enterprise (DUAE) segment within the insurance industry. Dawn Walker, AM Best's associate director for Industry Relations – DUAE, recently
In a significant stride toward transforming the insurance industry's handling of claims, Agentech, a Colorado-based startup, has successfully secured $3 million in a seed funding round completed in just 30 days. Co-founded by insurtech and fintech veterans Robin Roberson and Alex Pezold, the