InsurTech stories
Fewer motorists switched cover as easing premiums cooled shopping activity, while older vehicles and Chinese brands complicated pricing.
Regulators are widening scrutiny of digital finance, forcing UK fintechs to overhaul cloud, payments and data strategies to meet tougher standards.
The insurer will use AI to speed reviews of adverts and website copy while keeping human sign-off under FCA Consumer Duty rules.
The rollout aims to cut support calls and improve underwriting consistency as Generali scales its global platform across 27 markets.
Eligible quotes for small firms can now be issued in minutes, as the insurer says AI is helping speed underwriting and product rollouts.
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
By linking live security data to compliance workflows, the new platform aims to help firms prove controls work and reduce audit friction.
Eligible quotes now take minutes, as the system has lifted new business by 53% and shortened product launches to six weeks.
The ranking underscores Payward's push beyond crypto trading as it broadens Kraken into a wider financial infrastructure group.
Insurers face accumulating losses if the same AI platforms sit undetected across multiple policyholders, KYND has warned.
MSPs and MSSPs face rising pressure to prove security controls work, as cyber insurers and clients demand more evidence of resilience.
Enterprise users can now limit what AI voice agents access and do, as OpenAI seeks to move beyond pilot projects into production use.
The service targets a gap in corporate defences as hackers increasingly use executives' personal devices, homes and families to gain access.
Travellers buying selected Asia Pacific policies will get eSIM access and a 1GB starter pack for a limited period, cutting roaming costs.
Australia's repair sector could see faster parts sourcing as Partly uses fresh funding to add engineers and AI specialists locally.
The funding will help Feathery expand software used by more than 300 financial firms to automate workflows and data sharing.
Banking and insurance teams could spot digital failures sooner as new tools feed governed customer-journey evidence into enterprise AI systems.
Carriers can speed claims payouts and reduce manual billing work as the new tie-up links payment tools with core insurance systems.
Veterinary clinics can now cut invoice delays as a new portal links real-time pet insurance claims with payments in one workflow.
The recognition highlights growing insurer demand for tools that curb building repair claim inflation, with users reporting 10% to 12% savings.