Which insurance giants have the most AI innovation? Insurance Growth Report 2024, Insurance copilots could aid in underwriting, claims and more

Which insurance giants have the most AI innovation? Insurance Growth Report 2024, Insurance copilots could aid in underwriting, claims and more

A new perspective on an old-established industry. Find latest report, news and information about startups and innovations in the insurance industry, with a focus on best #insurtech initiatives and venture capital investments.

Which insurance giants have the most AI innovation?

CB Insights has launched the Insurance AI Readiness Index — a ranking of 50 of the largest insurance companies in the Americas and Europe by market cap and premiums written, based on their demonstrated ability to develop or acquire novel AI capabilities as well as execute AI initiatives.

The index calculates innovation by analyzing CB Insights data on acquisitions, dea making activity, and patent filings for each player, and it calculates execution based on earnings transcript mentions, partnership & licensing agreements, and product launches.

Read more .

MUST READ STORIES

Insurance copilots could aid in underwriting, claims

Insurance carriers are deploying generative AI in the form of copilots to back-office operations. Read more .

Exploring perceived injustice and its impact on injured litigants with Chronic Pain

There may be greater benefit in focusing on the provision of treatment targeted at addressing claimants’ negative perceptions. Read more .

Insurtech Digisure Shuts Down Operations

Digisure, a startup renowned for its Protection-as-a-Service platform since its establishment in 2018, has officially ceased operations as of last Friday. Read more .

INSURTECH REPORTS

Insurance Growth Report 2024

As businesses continue to face geopolitical and macroeconomic challenges, their insurers will need a clear strategy for navigating the complex risk landscape and shifting commercial environment. This year’s Insurance Growth Report highlights M&A trends in 2023 and assesses the opportunities for organic growth ahead in a climate of uncertainty. Read more .

INSURTECH ROUNDS

Yurtle raises £1.37 million

Founded in 2020, Yurtle’s employer-sponsored solution is designed for caregivers. It includes educational resources, assistance in finding back up care, and caregiver insurance underwritten by Starr International. Read more .

Hellas Direct Secures €30M Investment

Greek insurtech takes proactive stance against climate change, targets central and southern European markets Read more .

Brazilian insurtech Loovi raises $9M

With the new funding Loovi, a Brazilian insurtech specialized in the automotive sector, will expand its presence in Brazil, strengthen its technological infrastructure, grow its customer base, and open new distribution channels, including a platform for insurance brokers. Read more .

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Amazon to close down Insurance Store

Insurtech Digest Issue #177 is out! Qorus Innovation in Insurance Awards 2024 now open for applications, Is integrating AI and automation in health insurance worth the risk and more

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Have a nice day!

Alberto

Megha Vashishtha

Regional Sales Consultant at Travelance Inc

8 个月

AI Readiness report interesting read, Thanks Alberto Garuccio! companies are bracing up now more than ever as there is a huge need to discover and execute existing ideas and perspectives. Many technical gaps exist and slow the process which needs to be fixed and I am excited to see how the future will be shaped with many noteworthy changes which might change the AI readiness adoption graph.

Thrilled to see your exploration into the realms of self-improvement and personal growth! ?? Remember, as Mahatma Gandhi once said, Be the change that you wish to see in the world - Your journey is inspiring! Keep pushing the boundaries, the Eternal Life community is cheering for you. ???

Chukwuma Ononiwu

MANAGER at RISKSWISE INSURANCE BROKERS LTD/RICHWISE RESOURCES & INVESTMENTS LTD CORE COMPETENCE: * INSURETECH.

8 个月

Great Post. Many Thanks.

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