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The recent news that leading BNPL fintech, Klarna, has shed 700 staff (half its workforce) following the adoption of AI tools – and is more streamlined and profitable than ever before – should come as a wake-up call to many in the financial services space.
Akur8, a provider of machine learning-based insurance pricing solutions, has announced the acquisition of Arius®, a property and casualty (P&C) reserving software.
Vertafore, the leader in modern insurance technology, announced its latest innovation to empower benefits brokers: automated importing for SBC data into BenefitPoint.
Cambridge Mobile Telematics (CMT), the world’s leading telematics service provider, has further strengthened its European operations by appointing Rima Khetab as the Director of Sales for France and Benelux.
The idea for Canopy Connect sprang from a chance conversation at a dinner – and was prototyped over a weekend. Insurtech Insights talks to Tolga Tezel about his extraordinary startup journey.
A recent survey by Insurity, a leading provider of cloud-based software and analytics for the insurance industry, has revealed a notable shift in consumer priorities when choosing insurance providers, especially in the face of increasing severe weather events.
Developments in the healthtech space are driving transformation in the Life insurance industry, enabling it to implement better diagnostic outcomes for patients, according to leaders from GRAIL, MassMutual and Munich Re Life and Health.
INSTANDA, a leading global no-code insurance platform provider, has announced the appointment of Professor Andy Pardoe as its Interim Chief AI Officer. This marks the first time the company has created this role, underscoring its commitment to integrating advanced artificial intelligence into its operations.
Cybercriminals have refined their strategies to capitalise on vulnerabilities arising from business mergers, acquisitions, and the consolidation of software vendors, according to the Midyear 2024 Cyber Risk Report by Resilience, a leading cyber risk solutions company.
Carrot General Insurance, a leading South Korean insurtech firm, has secured exclusive rights from the General Insurance Association of Korea (GIAK) to implement its Behavioral-Based Insurance (BBI) system for six months.
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