Insurance stories - Page 3

Business Next has launched AGENTNEXT, India's first AI agent platform, to modernise banking and financial services, aiming for 60-70% task automation.

IoT technology is emerging as a key solution to combat the UK's water leakage crisis, which saw over 1 trillion litres lost last year.

Guidewire has unveiled AI-enhanced underwriting and claims applications, aiming to boost insurance productivity with features like Claims Intel and Las Leñas.

InsuredHQ has joined forces with GoCardless to enhance payment processing for insurance firms in the Asia-Pacific, aiming for greater efficiency and reliability.

Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.

EXL has unveiled its new Insurance LLM, enhancing claims accuracy by 30% for the insurance sector, leveraging NVIDIA partnerships and advanced AI techniques.

A recent study by Sinch reveals over 70% of brands view Rich Communication Services as a key channel for customer communication in five years.

WTW has unveiled ResQ Machine-led Reserving, a technology that promises insurers enhanced accuracy and efficiency in property and casualty reserving.

Newgen Software has been named a niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

Newgen Software has been named a Niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth consecutive year.

Cloud technology is revolutionising the insurance sector, with nearly 77% of Australian brokers feeling unprepared to boost productivity, warns JAVLN.

Newgen Software has been acknowledged by Gartner in the 2024 Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

Forrester's 2025 Predictions report reveals banks and insurers face significant transformations in customer experience and tech investments amid evolving trends.

DAS has launched a geospatial crop insurance solution in Australia, tackling a USD $113 billion crop protection gap and enhancing policy accuracy.

Research suggests nearly half of Asia Pacific firms plan to boost AI investments by over 20% in the next year, despite a skills gap hindering progress.

Newgen Software has announced robust Q2 results for fiscal 2025, with revenues up 23% to INR 361 crore and profits surging 47% to INR 70 crore.

LogicMonitor has launched a new data centre in Singapore, hosted by AWS, to bolster its services for clients across Southeast Asia.

Nearmap has launched Generation 6 of its AI model, featuring over 130 location-based detections to enhance decision-making across various sectors.

Aviva has teamed up with the Cyber Resilience Centre network to bolster cyber security for over 3,000 insurance brokers across the UK.

Kelly McManus joins S-RM as Global Business Development Lead for Insurance and Legal, strengthening its reach in the US and UK cyber security landscape.