Collaboration Enables Seamless Integration of Digital Payment Solutions into Legacy Carrier Systems
Collaboration Enables Seamless Integration of Digital Payment Solutions into Legacy Carrier Systems
New Majesco research finds insurers achieving stronger growth are aligning operating model transformation with cloud- and AI-native technology foundations.
Fintech and SaaS veteran with more than 30 years of experience to lead company’s technology initiatives
Backed by nearly a decade of proven results, the firm’s AI concierge model designs, builds and deploys customized AI infrastructure into insurers’ existing operations to eliminate fragmented pilots
OneShield, a leading provider of technology solutions for the property and casualty insurance industry, today announced that a Michigan-based specialty insurance provider has selected the OneShield AI Hub platform to power its next-generation insurance operations. OneShield’s AI Hub is an AI operating system purpose-built for the insurance industry. The AI-native platform gives insurers access to the latest large language models and agentic capabilities without exposing private data, requiring a core system replacement, or bolting AI...
CIBC Innovation Banking announced today that it has provided growth capital financing to Gradient AI (Gradient). This financing will support Gradient’s growth plans and development efforts to better serve clients and address evolving challenges across the insurance industry. Gradient is a leading enterprise software provider of artificial intelligence solutions in the insurance industry. The company’s solutions help improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing...
Ascend, the comprehensive financial operations automation platform for the insurance industry, today announced a strategic partnership with Combined Agents of America (CAA), one of the nation’s largest privately held insurance aggregator groups. This partnership designates Ascend as the Accounting Automation Partner for CAA’s nationwide network of independent agencies. The collaboration is designed to modernize back-office operations for CAA member agencies, replacing fragmented manual workflows with end-to-end automation for both agency and direct bill processes. Eliminating the...
Veteran technology and product executive joins innovative insurtech to expand AI capabilities and further improve consumers’ insurance shopping experience
As the U.S. insurance industry grapples with skyrocketing customer acquisition costs (CAC), carriers and agencies are under increasing pressure to find scalable and performance-driven growth channels. Rising acquisition costs, inconsistent lead quality and limited transparency in traditional models have made predictable growth harder to achieve. Against this backdrop, QuoteNest, a performance-led insurance distribution platform has launched in the United States, with a mission to become the most reliable B2B acquisition partner for insurers by prioritizing conversion-ready...
Groundbreaking AI-powered app provides accurate estimates, detailed customer reviews, and personalized quote comparison directly through ChatGPT