The ever-evolving landscape of insurance fraud has propelled the industry toward a technological revolution, and at the forefront of this battlefield is artificial intelligence (AI). As fraudsters become increasingly sophisticated, insurance companies like Zurich Insurance Group are leveraging AI
Insurance firms in Kenya are bracing for a potentially seismic shift in the landscape of vehicular taxation, as the Treasury has unveiled a plan to levy an annual tax on motor vehicles via the Finance Bill 2024. The proposition—an arduous 2.5 percent tax on the declared value of motor vehicles—is le
In an era where digitalization is rapidly reshaping the financial landscape, CIM Financial Services Ltd is making its mark. As a leading Mauritian non-banking financial firm, CIM Finance has embraced innovation through the successful deployment of the Root Platform's cutting-edge digital
In the rapidly evolving financial landscape, Generative AI (GenAI) is emerging as a transformative force, particularly in Know Your Customer (KYC) protocols. Since its inception in November 2022, GenAI has sparked significant discussions over its potential to overhaul traditional methods of risk
In a move poised to redefine the insurance claims experience for veterans, Benekiva, a cloud-based claims automation solution innovator, has joined forces with GovCIO, a frontrunner in technology and federal digital services. This alliance aims to prioritize the needs of veterans and their families
Introducing the new wave of tech-driven business insurance solutions, NEXT Insurance stands out, offering a transformative approach to small business owners seeking insurance coverage. With a fresh innovation that integrates artificial intelligence and expert underwriting, NEXT has developed a
In the ever-evolving landscape of financial technology (FinTech), the emergence of Kintsugi AI and its recent financial achievements signal a new wave in tax automation. With a successful Series A funding round raising $6 million and pushing the company's valuation to a remarkable $40 million,
Unveiling a realm where traditional processes are rapidly being eclipsed, the city of Chicago is establishing itself as a vanguard of insurtech innovation. This comes at a time when the technological sector, with a healthy infusion of fintech and healthtech, is already undergoing a significant
Cover Genius has emerged as a vanguard in the rapidly evolving InsurTech landscape, announcing an impressive $80 million Series E funding round, setting the industry abuzz. This fresh infusion of capital marks a significant affirmation of the company's potential and its groundbreaking approach
In an ever-evolving insurance sector that is rapidly adopting technology to enhance customer experience, Kotak General Insurance has taken another significant step forward. By overhauling its car insurance claim protocols, the company is not only adhering to customer demands for simplicity and
