InsurTech News

Explore the newest/trending InsurTech content.

Latest InsurTech Stories

Mubadala Proposal to Sell Insurtech Startup Wefox Opposed by Founders

Jun 14 2024 // Mubadala Investment Co. has proposed selling troubled insurance tech startup Wefox Holding AG to UK insurance broker Ardonagh Group Ltd. in a deal opposed by the German firm’s founders. The Abu Dhabi sovereign wealth...

SEC Charges AI-Based Startup With ‘Old School Fraud Using New School Buzzwords’

Jun 14 2024 // The Securities and Exchange Commission (SEC) this week charged Ilit Raz, CEO and founder of the failed artificial intelligence recruitment startup Joonko, with defrauding investors of at least $21 million. According to the...

Survey: US Business Owners Seek More Insurance Coverage as AI, Election Risks Loom

Jun 13 2024 // Artificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their insurance will not cover a specific loss, a survey by insurance brokerage...

Reaching for the Clouds? Expect Some Turbulence: 3 Barriers to Adopting Cloud-Native Insurtech and 5 Best Practices to Ease the Transition

Jun 13 2024 // This post is part of a series sponsored by AgentSync. Nothing good comes easy, right? Turns out, overhauling your outdated technology in favor of more modern, cloud-native systems is no exception. In today’s digital...

Viewpoint: Why Insurers Should Have Confidence in Machine Learning Capability

Jun 12 2024 // Executive Summary: While insurance leaders plan to use machine learning capability in their pricing and underwriting processes, only a small proportion actually have embraced the technology. They need to take the next step...

10 Things You Could Be Spending Money On Instead of Maintaining Legacy Insurance Technology

Jun 11 2024 // This post is part of a series sponsored by AgentSync. The cost of legacy technology In 2023, companies in the financial services industry spent an average of 15 percent of their revenue on technology. Not only is that up...

View More
Partner Content

Our best content, delivered to your inbox

Get the insurance industry's trusted newsletter

Wells Media Group Network

Related Topics