Unveiling a Transformative Era in Insurance Tech In an industry historically tethered to rigid legacy systems, the insurance sector is witnessing a seismic shift with Federato, an AI-native software provider, securing $100 million in Series D funding. This substantial investment, led by Growth
Introduction to Technology’s Role in Insurance Evolution The insurance industry stands at a crossroads where technology is no longer just an enabler but a fundamental driver of survival and success. With digital transformation reshaping every facet of the sector, insurers face mounting pressure to
In the ever-evolving landscape of the insurance industry, Aspire General Insurance, a California-based personal auto insurance carrier, has encountered substantial hurdles due to its remarkable growth trajectory over recent years. With revenue and claims volume quadrupling, the company found itself
In the fast-evolving world of insurtech, where technology dictates competitive advantage, one statistic stands out: over 70% of insurance executives believe digital transformation is critical to staying relevant in the market, setting the stage for a pivotal moment at Send Technology Solutions Ltd.
Setting the Stage for Digital Disruption in Insurance The life insurance and annuity sector stands at a pivotal crossroads, with digital transformation no longer an option but a necessity for survival in a hyper-competitive market. As of 2025, industry data reveals that over 35% of transactions in
The insurance industry, a cornerstone of global financial stability, faces mounting pressure to adapt to a rapidly digitizing world, with inefficiencies in legacy systems costing billions annually in lost productivity. As regulatory demands tighten and customer expectations evolve, the sector is
