In an era where data is often hailed as the new oil, the insurance industry is undergoing a transformative shift led by InsurTech companies. One of the trailblazers in this realm is Porch, a homeowners insurance and vertical software platform that leverages massive data troves to carve out a
In a landmark achievement, Clearspeed, a trailblazing company specializing in AI-powered risk assessment technology, has been honored by being named to CNBC’s inaugural list of the World’s Top InsurTech Companies. This prestigious recognition, presented in collaboration with Statista Inc.,
The world of insurance technology, or InsurTech, is quickly expanding, with Chinese companies at the forefront of this digital revolution. One of the standout players in this dynamic field is Iyunbao Technology Ltd., a Shanghai-based technology service platform. Founded in 2015, Iyunbao leverages
In an era marked by rapid digital transformation and escalating cyber threats, the traditional approach to cyber insurance is under increasing scrutiny. Recently, Joshua Motta, Founder and CEO of Coalition, highlighted the urgent need to overhaul existing practices to manage cyber risks more
The landscape of customer loyalty in the insurance industry has undergone significant changes over the past decade. The rise of digital tools and AI innovations has played pivotal roles in reshaping customer experiences, enabling insurers to not only retain existing policyholders but also attract
Banking fraud in the UK is on a worrisome rise. Recent predictions by Juniper Research project a staggering increase in fraudulent transactions, expected to more than double from 4.2 million in 2024 to 8.8 million by 2029. This surge underscores the urgent need for the UK banking sector to bolster
