Carpe Data Gains Recognition With Top Insurance and Fintech Awards
Honors across notable industry awards underscore Carpe Data’s AI-powered Claims and Commercial Solutions
Honors across notable industry awards underscore Carpe Data’s AI-powered Claims and Commercial Solutions
Partnership delivers quicker, more confident claims decisions for customers, with average fraud savings of £550 per claim
Quantiphi, an AI-first digital engineering company, today announced that Dociphi, its AI-powered document management platform, has been named to the 2025 InsurTech100 list by Fintech Global for transforming document-centric workflows and driving modernization in the insurance industry. The InsurTech100, curated annually by Fintech Global, spotlights innovative technology providers reshaping the insurance sector through digital transformation. This recognition highlights Dociphi as a category-defining solution revolutionizing how insurers, brokers and third-party administrators manage document-intensive processes. With its modular, cloud-native design, template-free architecture and enterprise-ready generative AI capabilities,...
European Insurtech and Swiss insurer expand beyond automotive focus to unlock cross-product opportunities and shared market growth
The Usage-Based Insurance (UBI) market has now reached over 60 million customers across 450 active programmes – a sixfold increase in just ten years. PTOLEMUS Consulting Group, which predicted the “uberisation” of insurance in 2015, highlights this transformation in its new report. UBI is now a truly global phenomenon that reaches 59 countries and generates more than €50 billion in premiums, finds the consulting firm in its new report. This growth reflects the growing smartphonisation...
Solution supports automation of dynamic hedging of annuities contracts, delivers increased transparency for risk and compliance management and improves operational efficiency
Global Indemnity Group, LLC, announced today that its subsidiary Penn-America Underwriters, LLC (“PAU”) has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations for commercial insurance. The acquisition complements GBLI’s recent strategic reorganization of its PAU business to focus on agency and insurance services. This acquisition will enable PAU to accelerate its roadmap by expanding distribution, product portfolio, and technology capabilities. Praveen K. Reddy, President and CEO of PAU, remarked, “The...
Falcon Finance announced the establishment of its dedicated on-chain insurance fund today, a structural safeguard designed to enhance transparency, strengthen risk management, and provide protection for counterparties and institutional partners engaging with the protocol. The fund has been established with an initial $10 million contribution in USD1, which Falcon Finance has selected as its first reserve currency, with additional assets to follow. In addition, a portion of protocol fees will be directed into the insurance fund, ensuring that the fund’s...
Roamly Delivers AI-Powered Specialty Insurance Solutions; Launches Carshare Insurance Following Lloyd's Coverholder Appointment and Celent Model Insurer Award Win
In a provocative step that signals a seismic shift in the insurance landscape, SUPERAGENT AI, the San Francisco–based InsurTech innovator, today announced its ambitious goal to launch the first fully autonomous AI Insurance Agent by the end of 2025. This groundbreaking AI promises to handle every aspect of insurance advisory, sales, and customer service, around the clock, and more efficiently than traditional agents. SUPERAGENT AI’s bold claim sets the stage for intense industry debate, asserting...