InsurTech

CCC Intelligent Solutions Adds New AI Tools for Claims Handlers
CCC Intelligent Solutions Adds New AI Tools for Claims Handlers
October 23, 2023  |  Artificial Intelligence

CCC Intelligent Solutions (CCC) added new artificial intelligence (AI)-based photo analysis capabilities to its cloud platform for the property and casualty (P&C) insurance industry. The...

READ MORE >
Google and CCC Partner to Speed Online Car Repair Appointments
Google and CCC Partner to Speed Online Car Repair Appointments
September 28, 2023  |  Partnerships

Google and insurance industry cloud platform CCC teamed up to streamline online car repair appointments. The partnership is open to repair shops that use CCC’s...

READ MORE >
Insurance Claims Optimization Company CLARA Analytics Raises $24 Million
Insurance Claims Optimization Company CLARA Analytics Raises $24 Million
September 07, 2023  |  Investments

CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimization, has completed a $24 million Series C funding round, bringing its total...

READ MORE >
Oscar Health Targets Rural Areas to Fuel Growth Beyond Q2
Oscar Health Targets Rural Areas to Fuel Growth Beyond Q2
August 08, 2023  |  Earnings

Health technology company and insurance platform Oscar Health announced “strong” second quarter 2023 earnings on Tuesday (Aug. 8), telling investors that its growth strategy for 2024 will...

READ MORE >
CCC Eyes Digitizing Parts Ordering as AI Transforms Auto Claims
CCC Eyes Digitizing Parts Ordering as AI Transforms Auto Claims
August 01, 2023  |  Insurance

CCC Intelligent Solutions delivered second quarter results that show increasing traction in using advanced technologies — artificial intelligence (AI) included — to improve auto claims...

READ MORE >
FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
May 25, 2023  |  Fintech Investments

The last of the earnings reports are trickling in across the FinTech IPO Index, with more decliners than gainers, which in turn helped send the...

READ MORE >
Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
May 17, 2023  |  Insurance

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....

READ MORE >
Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Expects Generative AI to Improve Business Processes and Profits
May 03, 2023  |  artificial intelligence

Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes. Lemonade — which says artificial intelligence (AI) is the foundation...

READ MORE >
InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
March 15, 2023  |  Insurance

Cover Genius has purchased the warranty provider Clyde to deepen into midsized eCommerce market share. The InsurTech announced the acquisition Wednesday (March 15), saying it...

READ MORE >