Tag: Insurance

Qover, a prominent InsurTech, has collaborated with UK-based credit card FinTech Yonder in a bid to provide seamless and comprehensive travel insurance coverage to Yonder's members. 

Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.

Verisk, a premier global data analytics and technology provider, has partnered with Seek Now to enhance the claims assessment process in the property insurance sector.

Yenmo, a FinTech startup providing instant loans against mutual funds, has successfully completed its latest funding round, securing $500,000 from the Silicon Valley-based startup accelerator, Y Combinator, according to a report from Business Standard.

Clearcover, the next-generation car insurance company, has announced the launch of its revolutionary generative AI solution.

+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

Web Connectivity Limited (WCL), a subsidiary of Zywave, has agreed a deal to supply ACORD4ALL mappings to Velonetic in support of Blueprint Two adoption in the London Market.

Blink Parametric and Zurich Insurance in Asia Pacific have teamed up to offer a flight delay solution that will provide customers with real-time flight delay benefits.

Chaucer Insurance, a specialty insurer and reinsurer, has joined forces with Gabriel, a Tel Aviv-based technology company, to introduce a pioneering insurance product designed specifically for mass shooting events.

As the landscape of the insurance industry undergoes a profound transformation, driven by technological advancements, shifting societal values, and evolving consumer preferences, incumbents are grappling with the imperative to redefine their approach to customer engagement. Today's insurance customers demand more than just protection; they seek slick and efficient operations, that are personalised and tailored to their exact needs.