Tag: AI in Insurance

Duck Creek Technologies Names Rajesh Raheja as CTO to Lead Cloud and AI Innovation

Duck Creek Technologies appoints Rajesh Raheja as CTO to drive cloud-native and AI innovation in insurance technology, enhancing platform reliability and global strategy.

ValueMomentum Named Leader and Star Performer in 2025 P&C Insurance IT Services

ValueMomentum recognized as a Leader and Star Performer in Everest Group's 2025 PEAK Matrix® for P&C Insurance IT services, highlighting its expertise in underwriting, claims, and AI-driven solutions.

vWise Launches WiseGuide AI to Unify and Boost Benefits Engagement

vWise introduces WiseGuide AI, a chatbot enhancing engagement and adoption across retirement, health, and insurance benefits by breaking down product silos in financial services.

mea and Regenvita Partner to Accelerate AI Adoption in Scandinavian Insurance

mea Platform and Regenvita Ltd form a strategic partnership to accelerate AI adoption in the Scandinavian insurance sector, focusing on underwriting, claims, and finance automation in P&C and marine markets.

AIA Life Uses AI OCR Tech to Detect and Prevent Insurance Fraud

AIA Life Insurance leverages LLM-based AI OCR technology to accelerate claims processing and identify suspected insurance fraud, enhancing consumer protection in the insurance sector.

Nationwide Launches AI-Powered Virtual Home Inspection to Mitigate Risk

Nationwide partners with Chrp to offer AI-driven virtual home inspections, enhancing risk detection and loss prevention in homeowners insurance nationwide.

Navigating Cyber Risk and AI Integration in Autonomous Vehicle Insurance

Explore how autonomous vehicles reshape P&C insurance with cyber risk complexities and the role of AI-driven underwriting and claims solutions for future-ready insurers.

Wealthedge Acquires $3.3M Stake in Specialty Insurer RLI Amid AI Expansion

Wealthedge Investment Advisors acquires a $3.3 million stake in specialty insurer RLI, highlighting AI-driven underwriting and telematics initiatives amid stock underperformance.

Carpe Data Enhances AI-Driven Fraud Detection in Property/Casualty Insurance

Carpe Data advances AI-enhanced fraud detection and automation in property/casualty insurance, improving claims efficiency and risk assessment with scalable, unbiased technology.

Lemonade Q3 2025 Earnings Highlight AI-Driven Growth and Profitability

Lemonade's Q3 2025 earnings beat revenue expectations with 42.4% growth, driven by AI automation, auto insurance cross-selling, and operational efficiency. Positive outlook for EBITDA by Q4 2026.