INSURANCE INDUSTRY NEWS
Reshaping Insurance Business Model, Technology Foundation To Achieve Real Optimization
Majesco is pleased to announce a new thought leadership report, Realignment in Insurance: Legacy Core Impact, which highlights the importance of insurers elevating their business operation with a next-gen, intelligent technology foundation built on a robust cloud-native architecture and why it is a must-have to compete in today's marketplace.
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Coalition Announces New Platform Integrations
Coalition is pleased to announce new integrations between its cyber risk management platform Coalition Control and cloud services providers including Microsoft 365®, Google Workspace®, and Amazon Web Services®.
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Aon Announces Successful Completion of Innovative Pilot Placing Insurance Using Blockchain Technology
Aon plc, a leading global professional services firm, is pleased to announce the successful completion of an innovative pilot for placing insurance using blockchain and smart contract technology.
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Swiss Re Launches GenAI Underwriting Assistant
Swiss Re has launched an augmented version of its Life & Health underwriting manual Life Guide. The new version comes equipped with Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant, developed by Swiss Re, that integrates Microsoft Azure OpenAI Service.
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Deloitte, Intel Expand Alliance To Help Enterprises Optimize Generative AI Capabilities
Deloitte and Intel are pleased to announce a major expansion of their alliance to help enterprises around the world deploy their AI solutions cost efficiently with the latest hardware and software optimizations.
These new offerings address the growing needs as the marketplace evolves from experimenting with AI to scaling implementations for distinct use cases that deliver real value.
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Accenture Joins GenAI Partnership To Create A Better Customer Support Experience
Best Buy, Google Cloud and Accenture are pleased to announce a new collaboration that will involve deploying generative AI to greatly improve the experience for Best Buy customers looking for support services.
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Privacy4Cars Awarded Three More Patents
Privacy4Cars, the first privacy-tech company focused on solving the privacy and security issues posed by vehicle data to protect consumers and automotive businesses, is pleased to announce the US Patent Office has approved three new patents, cementing Privacy4Cars' innovator role in the automotive privacy tech space, even as new regulations require deletion of consumer personal data stored in vehicles in New Jersey and Illinois.
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Verisk Boosts Ecosystem With Two Accelerators
Verisk, a leading global data analytics and technology provider, is pleased to announce the launch of two new accelerators designed to streamline and enhance workers' compensation claims processing within Guidewire ClaimCenter.
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Canada’s First National Flood Insurance Program
The federal government is partnering with the country's property & casualty insurers to continue developing Canada's first low-cost national flood insurance program for households at high risk of flooding.
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Achmea, Fairfax Announce Sale Of Onlia To Southampton Financial
Achmea and Fairfax Financial Holdings Ltd. have reached an agreement on the sale of online insurance agency Onlia to Southampton Financial Inc. (SHFI), a private equity firm focused on the Canadian property and casualty distribution space. The acquisition is expected to close no later than April 30.
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Victor Insurance Launches Cyber Solution
Victor Insurance Managers LLC, the leading global managing general underwriter, is pleased to introduce Victor Cyber, a full package insurance solution that's unique in the marketplace.
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Kevin O’Leary Launches WonderCare Watch Insurance Platform
Canadian TV personality Kevin O'Leary has launched a watch insurance platform called WonderCare, allowing expensive timepiece enthusiasts to insure certain watches they might keep at home or wear while travelling for a fraction of the total value on an annual basis.
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