InsureTech

AI Chatbot Specialist Zowie Secures $600K Funding

Poland based start-up Zowie has secured a $600k investment round, led by Central European fund Inovo Venture Partners (Allset, Booksy, and Infermedica), with help from European and Israeli business angels. “Most of the questions that […]

Fraud

BGL Launches AI-Powered Anti-Fraud Software

BGL Group has today announced the successful launch of new and market-leading counter fraud ‘pre-sale’ technology. The substantial investment by BGL has involved the development of another bespoke algorithm which, for the first time, uses […]

Artificial Intelligence

MAPFRE Deploys AI Tools to Speed Email Response Times

Customer service really matters because policyholders are quick to offer 1 star reviews online, or take to Twitter to complain in public. So response times matter – that’s where AI can help insurers and brokers […]

InsureTech

Sprout ai Launches AI Powered Claims Solution for Health Insurers

Insurtech Sprout.ai today announces the release of its transformational claim settlement solution for health insurers globally, utilising Contextual AI. With the pandemic driving a 55% increase in average policyholder contact time, health insurers are struggling with complicated […]

Artificial Intelligence

Reale Group Applies Blockchain Tech to Surety Bonds

Digitalisation and innovation are two key elements in the strategy of Reale Group which, just in these days, has issued its first fully digital surety bond, as part of the national project “Fideiussioni Digitali” promoted […]

Insurance claims

Tokio Marine & Tractable Partner Up on Settling Car Claims via AI

Tokio Marine, one of the world’s largest property and casualty insurers, is to use an AI solution to process auto damage across its insurance operations in Japan, accelerating how quickly claims can be processed for […]