Breaking News
LB Forsikring Partners With Akur8 to Boost Competitiveness
Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce that LB Forsikring, a leading Danish P&C insurance company, has selected Akur8’s Core Platform solution to increase their competitiveness. This collaboration will allow LB Forsikring to quickly adapt their pricing to dynamic and unpredictable market situations.
Developed explicitly for insurers, Akur8’s solution enhances pricing processes by using proprietary machine-learning technology. The core benefits for P&C insurers include accelerated model building, transparent GLM outputs, and data-driven underwriting.
“We are thrilled to partner with LB Forsikring, and help boost their pricing sophistication by providing them with the tools to carry out advanced price analysis, simulations and calculations while maintaining full transparency, auditability and control in their pricing,” stated Samuel Falmagne, CEO at Akur8.
“We worked very closely with LB Forsikring to thoroughly understand their technical and business requirements. As a result, we are confident in our ability to help LB Forsikring better serve their customers and attract top talent for their pricing teams. We are looking forward to a continued and fruitful partnership,” concluded Julian Frank, Client Director at Akur8.
- Next Insurance Acquired for $2.6 Billion in Cash Read more
- Crypto Meets Forex: Finrax and FXBO Revolutionize Payment Solutions for Brokers Read more
- Fiserv Announces the Appointment of Stephanie Cohen to Board of Directors Read more
- DTCC Joins ERC3643 Association Read more
- Tastytrade Expands Crypto Trading With New Digital Assets, Powered by Zero Hash Read more
Next Insurance Acquired for $2.6 Billion in Cash
Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance
OIP Insurtech Joins Insurity as a System Integrator Partner to Enhance Insurance Technology Implementations
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that OIP Insurtech has become a System Integrator (SI) partner, further enhancing Insurity’s capability to provide seamless implementations and improved support for P&C insurers. As an established and trusted partner, OIP Insurtech has played a critical role across Insurity’s ecosystem, from supporting R&D and professional services to powering Insurity’s AI-driven Insurity Document Intelligence solution. Now, as a SI partner, OIP offers even greater expertise to assist insurers in maximizing efficiency, accelerating implementations, and fully harnessing the power of Insurity’s solutions.
Novidea Unveils Key Policy, Claims and Accounting Enhancements in Latest Insurance Management Product Release
Novidea, creator of the cloud-based, data-driven insurance management platform, announces release of a new version of its award-winning platform to further streamline processes with automation of manual processes, highlight opportunities to better sell, service, and communicate with clients, as well as deliver actionable insights for insurance organizations.
ZestyAI’s AI-Powered Hail and Wind Risk Models Continue Rapid Expansion With Approvals in Five States
Property and climate risk analytics leader ZestyAI today announced regulatory approval of its Severe Convective Storm Suite in Oklahoma, North Carolina, Louisiana, Wisconsin, and Arkansas—covering more than 12 million residential and commercial properties.
Yokahu Launches cat-risk.com: The First Independent Parametric Exchange to Transform Disaster Risk Finance
Yokahu, a leading innovator in parametric insurance, today announced the launch of cat-risk.com, the first independent, many-to-many parametric exchange for the London re/insurance market. cat-risk.com seamlessly connects brokers, carriers, and data providers to streamline parametric insurance transactions, significantly reducing friction in the market and ensuring fast, transparent payouts when disasters strike.
Embrace or Fall Behind: More Than Half of Insurance Firms Will Adopt SaaS Solutions to Handle Disparate Data
Outdated processes are continuing to result in lengthy settlement periods and hinder efficiency across the insurance industry
INSTANDA Bolsters Sales Leadership to Enhance Large Insurer Agility Amid Portfolio Expansion
INSTANDA has reinforced its sales leadership team with three strategic hires:
Next Insurance Acquired for $2.6 Billion in Cash
Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance
Crypto Meets Forex: Finrax and FXBO Revolutionize Payment Solutions for Brokers
Finrax, the leading crypto payment gateway bridging crypto and fiat, offering fast and reliable payment processing, has announced a partnership with FXBO.
Fiserv Announces the Appointment of Stephanie Cohen to Board of Directors
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced the appointment of Stephanie Cohen to its Board of Directors.
DTCC Joins ERC3643 Association
As a member, DTCC will contribute to the Association’s goals by promoting and advancing the ERC3643 token standard.
Tastytrade Expands Crypto Trading With New Digital Assets, Powered by Zero Hash
Zero Hash, the leading crypto and stablecoin infrastructure provider, today announced that tastytrade, a leading brokerage with an award winning platform for traders, has expanded their relationship with Zero Hash, enabling trading of five additional digital assets. Having launched crypto trading capability in 2020, through Zero Hash, this expansion meets increased customer demand for more crypto trading options.
USDG Expands Global Footprint and is Now Available for Trading across More Than Ten Digital Access Exchanges Globally
Today, Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available for trading across more than ten digital asset exchanges. These strategic listings expand the accessibility and liquidity of USDG, offering users enhanced trading opportunities. Now, millions of users globally can get safe, trusted US dollars in the form of USDG via their preferred trading platforms. Since January 1, USDG has grown more than 300%*, making it one of the fastest growing stablecoins.
Capital Credit Union Modernizes Operations and Positions for Growth With Jack Henry
Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Capital Credit Union converted to Jack Henry’s Symitar® platform and complementary products to support its future growth.