Vienna Insurance Group (VIG), a leading insurance firm in Central and Eastern Europe, has introduced a new initiative called CyRiSo aimed at supporting small and medium-sized enterprises (SMEs) in managing and mitigating cyber risks. This development comes in response to mounting global concerns
November 20, 2024HOMEE, an Artificial Intelligence-driven direct repair network tailored for the Property and Casualty (P&C) insurance industry, has made a significant leap forward by successfully closing a Series C funding round, securing $12 million. This funding endeavor was headed by W.R. Berkley
October 30, 2024As regulatory requirements continue to grow more complex, Denmark is witnessing significant advancements in the RegTech (Regulatory Technology) sector. The market is anticipated to grow by 19.4% annually, reaching $291.60 million in 2024. This remarkable growth signals a trend towards sophisticated
October 14, 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, 2024In an ambitious bid to dominate the regulatory technology sector, Corlytics has embarked on a significant expansion into the North American market. Armed with substantial investment backing from Verdane and a series of high-profile acquisitions, the company is poised to solidify its footprint in
October 9, 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, 2024