Insurance stories - Page 7

IoT technology is emerging as a key solution to combat the UK's water leakage crisis, which saw over 1 trillion litres lost last year.

Guidewire has unveiled AI-enhanced underwriting and claims applications, aiming to boost insurance productivity with features like Claims Intel and Las Leñas.

InsuredHQ has joined forces with GoCardless to enhance payment processing for insurance firms in the Asia-Pacific, aiming for greater efficiency and reliability.

Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.

EXL has unveiled its new Insurance LLM, enhancing claims accuracy by 30% for the insurance sector, leveraging NVIDIA partnerships and advanced AI techniques.

A recent study by Sinch reveals over 70% of brands view Rich Communication Services as a key channel for customer communication in five years.

WTW has unveiled ResQ Machine-led Reserving, a technology that promises insurers enhanced accuracy and efficiency in property and casualty reserving.

Newgen Software has been named a niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

Newgen Software has been named a Niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth consecutive year.

Newgen Software has been acknowledged by Gartner in the 2024 Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

Forrester's 2025 Predictions report reveals banks and insurers face significant transformations in customer experience and tech investments amid evolving trends.

Research suggests nearly half of Asia Pacific firms plan to boost AI investments by over 20% in the next year, despite a skills gap hindering progress.

Newgen Software has announced robust Q2 results for fiscal 2025, with revenues up 23% to INR 361 crore and profits surging 47% to INR 70 crore.

Nearmap has launched Generation 6 of its AI model, featuring over 130 location-based detections to enhance decision-making across various sectors.

Fidelity Life partners with Spark to strengthen data governance using Microsoft Purview, aiming to boost resilience and competitiveness amidst decentralised IT operations.

Cloudera launches new Private Link Network to enhance secure cloud connectivity, addressing data security and privacy for highly regulated industries like finance and healthcare.

Salesforce and IBM expand their AI collaboration, aiming to empower regulated industries with advanced AI agents while ensuring data security and compliance.

Kore.ai unveils GALE, a groundbreaking Generative AI and LLM platform designed to revolutionise enterprise productivity and innovation through rapid AI application development.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.