PCIT+ August'24 Newsletter
Key Management Group, Inc.
Driving Business Excellence through Technology and Innovation
Explore the latest insights and trends in the insurtech industry, delivered straight to your inbox. Stay informed about your community and domain developments.
Insurtech Top Stories
How Telematics is Steering the Future of Insurance
In a modern world where technology helps us navigate through daily life, personalised insurance can be as adaptive as the global positioning system (GPS) that helps us get to our destination with precision and safety. Telematics is like a digital compass that is revolutionizing the insurance landscape today.?Read more →
Announcements
SentinelOne launches Risk Assurance Initiative with AI-powered security for insurers
SentinelOne, a global leader in AI-powered security, has announced the launch of a program designed to help insurers secure their clients’ networks using the world’s most advanced AI security platform.?Read story →
Partnerships
NTT Data and iPipeline partner to drive insurance innovation
NTT DATA UK&I, a leading IT services provider and consultancy for the insurance industry, has announced a new partnership with iPipeline, a renowned provider of comprehensive digital solutions for life insurance, pensions, savings, and investments in the UK.?Read story →
Funding & Investments
Insurtech Funding in Latin America Hits Historic Low at US$26 Million in H1 2024
Insurtech funding in Latin America plummeted to a historic low of $26 million in the first half of 2024, representing a sharp 78% decline compared to the same period in 2023. Over the 12 months from July 2023 to June 2024, the total funding reached $43 million, marking the lowest figure on record.?Read story →
Gradient AI secures $56m Series C to enhance AI-driven InsurTech solutions
Gradient AI, a provider of AI solutions in InsurTech, raised $56.1m in a Series C funding round.?This financial infusion was spearheaded by Centana Growth Partners, accompanied by other contributors.?Read story →
SafeGuard Receives New Investment
Safe-Guard Products has announced a new investment from Hellman & Friedman, a private equity firm. Based in Georgia, Safe-Guard Products is a provider of third-party private-label finance and insurance protection products for various industries.?Read story →
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CSR Stories by The KMG Foundation
MID-Anjuman Weekly Outreach Clinic: A Beacon of Hope for the Underprivileged
Access to quality healthcare services remains a critical challenge for underprivileged communities worldwide. Basic healthcare services are often scarce, leading to untreated illnesses and deteriorating health conditions. The lack of medical facilities, financial constraints, and limited awareness about health issues exacerbate these challenges.?Read story →
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InsurTech Highlight
Client experience – are you giving them what they’re looking for?
In today’s digital-first world, the insurance industry is rapidly evolving to meet the demands of tech-savvy customers.?But, are you giving your clients the user experience and quoting experience they are looking for??Read story →
Insights
Enterprise Automation in P&C Insurance & Beyond
Today, hundreds of people are signing up for a legion of policies on a daily basis in the insurance industry. Customers are increasingly demanding real-time and contextualized conversations with their carriers to gain maximum advantages. Explore how the latest automation technology can streamline the complex aspect of P&C insurance.?Read more →
What is an Insurance API?
In this deep dive discover all about insurance APIs and discuss their role in the digital revolution.?Read more →
Will AI Surpass Human Intelligence, Or Is It Just Hype?
Artificial intelligence is changing the world—but there’s still a lot of hype and hot air around it.?Let's understand what’s fact, what’s fiction and what’s marketing spiel is essential if you want to take advantage of it.?Read more →
Ensuring IT Infrastructure Reliability with Remote Server Monitoring
Understand why remote server monitoring is crucial for IT infrastructure reliability. Also, learn about the challenges of maintaining an in-house server monitoring team.?Discover how outsourcing remote monitoring enhances operational efficiency and reduces downtime.?Read more →
Integrated Solutions: The Blended BPO Approach Combining People, Process, Knowledge, and Technology
People, process, knowledge, and technology are critical to an organization’s success. Integrating these elements is key to developing superior, comprehensive business solutions. In this blog, we will explore why and how.?Read more →
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