Berlin-based InsurTech wefox has raised $110 million to further strengthen its insurance and distribution business. That total includes $55 million in a revolving credit facility from J.P....
Obie has raised $26 million in Series B funding to expand its embedded insurance offering for real estate investors. The firm will use the new funding...
CCC Intelligent Solutions and Verisk have partnered to combat a $308 billion problem: insurance fraud. The companies announced their partnership Tuesday (May 9), saying it...
TempusDirect and CCC Intelligent Solutions are now working together on third-party casualty solutions. With TempusDirect’s repricing services integrated into CCC’s cloud platform for the property...
Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes. Lemonade — which says artificial intelligence (AI) is the foundation...
We’ve all gotten used to speed, to getting what we want on demand, through digital channels. In research done in collaboration between PYMNTS and Ingo...
Consumers’ need for speed when it comes to insurance payouts may be at odds with common practices in the sector. When consumers are owed money,...
ePayPolicy has added a payables reconciliation automation tool to its insurance payment and reconciliation products suite. The new Payables Connect leverages the company’s existing integrations and machine...
Digital innovation is coming to corners of the economy that need it but haven’t necessarily taken those steps yet. That fact is creating a new...