In a notable achievement for the company, Quantiphi has secured a prestigious spot on CNBC's World's Top Insurtech Companies 2024 list for its groundbreaking use of artificial intelligence in claim processing and fraud management. This recognition, compiled in collaboration with Statista, puts
The insurance industry, traditionally characterized by paper-heavy processes and long waiting times, is witnessing a paradigm shift driven by technology. Insurtech, the fusion of insurance and technology, is redefining how insurance companies operate, making processes more efficient, transparent,
Visa has entered into advanced discussions to acquire the British financial fraud prevention firm Featurespace for a reported £700 million, marking a significant step in Visa's persistent efforts to improve its arsenal of fraud detection technologies. Established in 2008 and based in Cambridge,
Ascot Group, a Bermuda-based global specialty insurer, has taken a monumental step in the reinsurance sector with the launch of its new capital management platform, Leadline Capital Partners. For an industry always on the lookout for innovative solutions to complex risk management issues,
Rhode Island is taking a significant step towards enhancing cybersecurity in the insurance sector with a new data privacy law set to take effect on January 1, 2025. This landmark legislation requires insurers to establish and maintain a comprehensive written information security program, which must
Navigating the high seas has always come with its fair share of risks, but recent geopolitical conflicts have magnified these dangers. The maritime industry faces multifaceted threats that require comprehensive risk management approaches to ensure the safety and security of commercial vessels and
