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Thursday, September 25, 2025
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EXCLUSIVE: "Rewriting the Rules" - Hazem Mulhim and Daoud Abdel Hadi, Eastnets in 'The Fintech Magazine'

Eastnets’ Hazem Mulhim and Daoud Abdel Hadi on why they’re convinced AI is the enabler […]

AdvanceCare Slashes Claims Processing Times to 60 Seconds Using Sprout.ai’s AI Technology

AdvanceCare, has cut health insurance claims processing time to just 60 seconds for some claims settlement cases, thanks to a strategic rollout of Sprout.ai’s artificial intelligence technology. As health insurance claims management continues to grow in complexity, AdvanceCare is using AI to streamline and automate its processes and free up team resources to focus on the most complex cases.

Insurtech Financing in Latin America Rebounds, Reaching $121 Million in the First Half of 2025

Insurtech financing in Latin America during the first half of 2025 reached $121 million, 370% more than in the first six months of 2024. This amount already exceeds the total financing for all of 2024 by 32%, confirming the region's potential and the strength of the ecosystem to stay afloat and attract new investment rounds.

COVU Continues Rapid Growth with Sixth Acquisition: Mitchell Insurance Agency Joins the Platform

COVU, the leader in AI-native customer servicing for the insurance industry, announced the acquisition of Mitchell Insurance Agency

OpenDialog AI Joins Guidewire Insurtech Vanguards to Accelerate AI in Insurance

OpenDialog is proud to announce its acceptance into the Guidewire Insurtech Vanguards program

Intersys Launches in India to Help Brokers and Insurers Grow Cyber Portfolios by Strengthening Policyholder Resilience

Cyber security and IT services provider Intersys has launched operations in India with a focus on helping re/insurers and brokers grow their cyber insurance business by improving the cyber risk profile of policyholders.

IDF Insurance Team Delivers Tripartite Programme Parametric Flood Insurance Solution for Lagos State Government

The Insurance Development Forum (IDF) announces the successful completion of the design of a parametric flood insurance solution for the Lagos State Government in Nigeria. The solution was developed as part of the Tripartite Agreement Programme of the IDF, the United Nations Development Programme (UNDP), and the German Federal Ministry for Economic Cooperation and Development (BMZ) through the InsuResilience Solutions Fund (ISF).

nettle Joins Guidewire Insurtech Vanguards Program

nettle has announced that the company has joined Guidewire’s Insurtech Vanguards program

Heron Raises $16M Series A to Bring the AI Revolution From Silicon Valley to American Businesses

Heron, a startup using AI to automate workflows in business lending, equipment finance, and insurance, has raised $16 million in Series A funding led by global software investor Insight Partners, with participation from existing investors Y-Combinator, BoxGroup and Flex Capital. The Series A will support Heron's next phase of expansion, helping the company scale its AI-driven solutions to more segments.

Laka Raises $10.4 Million Series B to Accelerate Path to Profitability - and to Drive Growth as Europe’s Leading Green Mobility Insurer

Laka announces today a Series B round of $10.4 million ementing its role as the category-defining insurer for e-bikes, e-scooters, and sustainable transport

MAPFRE Consolidates Position as Europe’s Sixth-Largest Insurance Company

MAPFRE ranks among the 15 main insurance companies in Europe, according to the latest edition of the annual ranking prepared by MAPFRE Economics, MAPFRE’s research arm. Against a backdrop of moderate growth and macroeconomic volatility, the Group reinforced its position in the European insurance market, generating 25.5 billion euros in insurance service revenue, a 3.0% increase from the previous year.

CLARA Analytics Introduces Triage Risk Notes and Claim Event Indicators to Advance Claims Management

CLARA Analytics ("CLARA"), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced two new AI-powered innovations to give claims professionals the precise insights they need, when they need them: Risk Notes and Claim Event Indicators.

Arizona Approves ZestyAI’s AI-Driven Storm Models Amid Escalating Storm Losses

The Arizona Department of Insurance and Financial Institutions has approved the use of ZestyAI’s Severe Convective Storm suite, including Z-HAIL™, Z-WIND™, and Z-STORM™, giving insurers access to property-level risk insights.

MAPFRE RE Signs Agreement to License ICEYE’s Global Flood Data

MAPFRE RE, a leading global reinsurer, has entered into an agreement with ICEYE, an expert in satellite-based disaster management solutions, to license its Flood Insights data globally. This collaboration is designed to enhance MAPFRE RE’s ability to respond swiftly and effectively to natural catastrophe events.

Honeycomb Insurance Opens New Headquarters in Chicago to Support Rapid Growth

Honeycomb Insurance, one of the fastest-growing insurtech companies in the U.S., today announced the opening of its new 15,000-square-foot headquarters in Chicago. The move follows a year of record growth for the company, which uses AI and proprietary computer vision to modernize property insurance for residential real estate.

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  3. EXCLUSIVE: “Rewriting the Rules” – Hazem Mulhim and Daoud Abdel Hadi, Eastnets in ‘The Fintech Magazine’ Read more
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