Breaking News
Percayso Inform Partners with Shift Technology to Deliver Enhanced Solutions for Insurance Providers
Insurance data intelligence provider, Percayso Inform, and Shift Technology, a provider of AI-driven decision automation and optimisation solutions for the global insurance industry, today announced the two organisations have entered a strategic partnership to deliver enhanced fraud detection solutions for insurance providers. The Shift product suite uses Artificial Intelligence to enable insurers to automate and optimise decisions from underwriting to claims, resulting in superior customer experiences, increased operational efficiency, and reduced costs.
Percayso’s insurance intelligence solutions deliver a vast array of performant data enrichment services that are highly predictive of fraud alongside specific and unique capabilities to combat quote manipulation and inform pricing via its proprietary decisioning platform. Percayso’s distribution network allows such insights to be easily consumed at any lifecycle stage, including quote, in milliseconds.
Percayso Inform MD, Rich Tomlinson, said: “Bringing together our insurance intelligence, our access to multiple datasets and our connectivity across distribution channels and combining that with Shift Technology’s enhanced AI-driven fraud detection capabilities will deliver a compelling proposition to UK insurance providers and help them meet the challenge head on .”
Tawinder Singh, EMEA Data Partnership Manager at Shift Technology, stated: “At Shift, we are convinced that the future of insurance starts with the ability to make the best decisions possible. P artnering with Percayso Inform will empower new insights from the Shift decision engine which will enable our insurers to better combat fraud.”
Tomlinson concludes: “As the cost of living crisis bites even harder over the coming months, we’re undoubtedly going to see cases of fraud go up. It’s going to be more important than ever for insurance providers to realise the power of their quote, policy and claim data and access powerful new technology to be able to detect quote manipulation and claims fraud in real time.”
- How Banks Can Accelerate the Home Energy Transition Through Green Mortgages Read more
- AI in Finance 2025: Showcasing How to Implement Next-Generation AI for Impact Read more
- Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds Read more
- Thunes Expands Real-Time Cross-Border Payments to Saudi Arabia Read more
- Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance Read more
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.
Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum
Meanwhile announced an update to its flagship Ten-Pay Whole Life policy, lowering the minimum from 1.0 BTC to 0.25 BTC
Kalepa To Partner with Canopius To Power Underwriting Excellence
Kalepa is pleased to announce that Canopius, a leading global specialty (re)insurer, has licensed its award-winning underwriting AI platform to accelerate growth and innovation across its lines of business in the US.
InsureMO and Appian Unite to Deliver Enterprise-Grade Underwriting Innovation for US E&S Specialty Insurance
InsureMO, the global leader in insurance middleware, today announced a strategic partnership with Appian (Nasdaq: APPN), a leader in process orchestration, to launch a unified underwriting solution tailored for the US Excess & Surplus (E&S) specialty insurance market. This collaboration brings together InsureMO’s enterprise-grade Excel Rater platform and robust API ecosystem with Appian’s advanced, AI-powered Connected Underwriting Workbench, setting a new benchmark for speed, flexibility, and operational excellence in E&S insurance.
Encova Insurance Leverages Sapiens to Streamline Testing and Improve Software Quality
Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the first implementation of Sapiens' Automated Testing Services (ATS).
How Banks Can Accelerate the Home Energy Transition Through Green Mortgages
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
AI in Finance 2025: Showcasing How to Implement Next-Generation AI for Impact
AI in Finance 2025, will take place at the iconic Kimpton Fitzroy London on Wednesday 26th November, and will provide a roadmap for 150+ senior technology leaders from financial services to move beyond the well-established use cases and implement next-generation AI at scale.
Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds
Chest is inviting young people to join its 1200-strong community lining up to be amongst the first to open a Chest pension
Thunes Expands Real-Time Cross-Border Payments to Saudi Arabia
Thunes has announced the rollout of real-time cross-border payments into Saudi Arabia
Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance
Dotfile announced Dotfile Autonomy, the industry‑first fully autonomous AI platform for Know Your Business (KYB) case review
Sis ID Expands Its Anti-Fraud Solution With Coverage Across 211 Countries
Sis ID is pressing ahead with international expansion by extending its coverage to more than 200 countries worldwide
Azentio Reimagines Speed and Personalization for Retail, Small and Medium Enterprises (SME), and Corporate Lenders With Its Next-Gen Loan Origination Offering
Azentio has launched Loan Origination, its next-generation product that redefines how FIs scale credit ops across retail, SME, and corporate