FinTech Archives - Life Insurance International https://www.lifeinsuranceinternational.com/sector/financial-services/fintech/ Tue, 01 Jul 2025 08:17:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2022/01/cropped-Life-Insurance-150x150.png FinTech Archives - Life Insurance International https://www.lifeinsuranceinternational.com/sector/financial-services/fintech/ 32 32 <![CDATA[Hiscox unveils API solution for cargo risks ]]> https://www.lifeinsuranceinternational.com/news/hiscox-api-cargo-risks/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/07/hiscox-shutterstock_2279398095.jpg Tue, 01 Jul 2025 08:17:34 +0000 The solution will serve the insurance needs of SMBs involved in the transportation and storage of goods. 

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<![CDATA[Insurtech company COVU acquires Ford Insurance Agency ]]> https://www.lifeinsuranceinternational.com/news/covu-acquires-ford-insurance-agency/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/06/covu-shutterstock_1929471071.jpg Mon, 23 Jun 2025 14:05:55 +0000 Ford Insurance Agency offers both commercial and personal insurance coverage in Maine, US.  

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<![CDATA[Mphasis partners with Sixfold to enhance AI-driven insurance underwriting ]]> https://www.lifeinsuranceinternational.com/news/mphasis-sixfold-ai-insurance-underwriting/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/06/mphasis-shutterstock_2220387701.jpg Tue, 17 Jun 2025 13:02:58 +0000 As an implementation partner, Mphasis will integrate Sixfold’s AI platform to assist insurers in accelerating their underwriting processes.  

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<![CDATA[Encova selects Sapiens Decision to transform agent experience ]]> https://www.lifeinsuranceinternational.com/news/encova-selects-sapiens-decision/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/06/sapiens-shutterstock_2349830655.jpg Wed, 11 Jun 2025 08:39:49 +0000 Sapiens Decision fits within the insurer’s broader transformation road map.  

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<![CDATA[Co-operators moves to Guidewire cloud for claims management ]]> https://www.lifeinsuranceinternational.com/news/co-operators-moves-guidewire-cloud/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/06/guidewire-shutterstock_1982465123-2.jpg Tue, 10 Jun 2025 12:46:01 +0000 The transition encompasses most of Co-operators' P&C lines of business across the provinces it operates in. 

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<![CDATA[Africa Specialty Risks unveils automated underwriting portal  ]]> https://www.lifeinsuranceinternational.com/news/africa-specialty-risks-underwriting-portal/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/06/asr-shutterstock_2226019349.jpg Tue, 10 Jun 2025 08:12:13 +0000 The platform is designed for authorised brokers, offering instant policy quotes, full binding capabilities and policy management resources. 

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<![CDATA[Insurtech company bolttech raises $147m at $2.1bn valuation  ]]> https://www.lifeinsuranceinternational.com/news/bolttech-raises-147m-2-1bn-valuation/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/06/bolttech-shutterstock_2604956273.jpg Thu, 05 Jun 2025 09:53:10 +0000 The Series C funding round added new investors including Sumitomo Corporation and Portugal's Iberis Capital. 

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<![CDATA[Indico Data unveils AI-driven Agentic Decisioning Platform for insurers  ]]> https://www.lifeinsuranceinternational.com/news/indico-data-agentic-decisioning-platform/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/06/indicodata-shutterstock_2280155891-1.jpg Thu, 05 Jun 2025 08:57:04 +0000 This suite of AI agents and agentic solutions is designed to augment underwriting and claims decisioning in commercial insurance.  

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<![CDATA[bolttech integrates AWS Gen AI to enhance efficiency ]]> https://www.lifeinsuranceinternational.com/news/bolttech-integrates-aws-gen-ai/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/05/bolttech-shutterstock_2628680833.jpg Fri, 30 May 2025 09:11:56 +0000 The platform, "bolttech Gen AI Factory," was developed using Amazon Bedrock and enhances the existing call centre platform. 

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<![CDATA[If P&C Insurance launches car sharing product on Socotra’s cloud platform ]]> https://www.lifeinsuranceinternational.com/news/if-pc-car-sharing-socotra-cloud/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2025/05/if-shutterstock_2135982657.jpg Thu, 29 May 2025 08:20:13 +0000 The product integrates with insurer’s systems for payments, claims, accounting and reporting.  

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