Tag: Insurance Technology

AI in Insurance Market to Surge to $79.89B by 2032 | Regulatory and Cloud Trends

AI in Insurance Market to Surge to $79.89B by 2032 | Regulatory and Cloud Trends

The AI in insurance market is projected to grow at 33.06% CAGR, driven by cloud adoption and evolving regulations like NAIC guidelines and the EU AI Act. This report examines how AI transforms underwriting, claims, and fraud detection across regions.

New York Life Group Benefit Solutions Partners with Employee Navigator for Seamless Benefits Administration

New York Life Group Benefit Solutions partners with Employee Navigator to enhance benefits administration through seamless data integration, supporting brokers, employers, and employees with streamlined solutions.

Zinnia Migrates AnnuityNet Platform to AWS Handling Over 55% of U.S. Digital Annuity Sales

Zinnia has migrated its AnnuityNet platform to AWS, supporting over 55% of U.S. digital annuity sales with enhanced scalability and performance. This marks a key development in life and annuity insurance technology infrastructure.

Zinnia Migrates AnnuityNet to AWS, Processing Majority of U.S. Annuities

Zinnia advances insurance tech by migrating AnnuityNet to AWS, enhancing annuity processing for banks and broker-dealers across the U.S.

Zinnia Migrates AnnuityNet Platform to AWS, Enhancing U.S. Annuity Processing

Zinnia transitions its AnnuityNet platform to Amazon Web Services, significantly boosting scalability and security for processing over half of U.S. bank and broker-dealer annuity submissions.

PURE Insurance Upgrades to Duck Creek Billing for Enhanced Billing Automation

PURE Insurance upgrades to Duck Creek Billing, enhancing automation, customization, and operational efficiency in insurance billing for P&C carriers.

RTA Launches Lloyd's-Backed Physical Damage Program for Commercial Auto Insurance

Reliable Transportation Association expands U.S. commercial auto insurance with Lloyd's-backed Physical Damage program. Digital platform enables instant quotes, rewarding safety with competitive pricing.

YAML-in-HTML Enhances AI-Readable Insurance Data on the Web

YAML-in-HTML embeds structured, trust-scored insurance data into web pages enhancing AI understanding and regulatory compliance for Medicare Advantage plans.

InvoiceCloud Adds Insurance Innovation Expert Michael Costonis to Board

InvoiceCloud strengthens its leadership with Michael Costonis joining the board to drive strategic growth and digital innovation in insurance payment solutions.

Insurance Industry Advances in MENA Partnerships and AI Governance

Key insurance industry updates include Arthur J. Gallagher's MENA partnership, Allianz Partners UK's travel product expansion, and Cytora's ISO/IEC 42001 AI governance certification enhancing digital insurance frameworks.