Insurance

Cyber Insurance in India Sees a 100% Policy Renewal Rate

Interestingly, cyber insurance happens to be seeing unprecedented progress in India, with a 100% policy renewal rate as businesses do recognize the rising occurrences when it comes to cyberattacks. As per a study conducted by Policybazaar for business, the BFSI,...

AXA Launches Pioneering Heatwave Parametric Insurance

AXA Hong Kong and Macau is committed to be a driving force against climate change, and leveraging its expertise in climate risk assessment to support businesses in addressing related risks and building a sustainable future. Today, we are pleased to...

Novo AI to Cut Costs and Boost Efficiency For Insurance Companies

Novo AI, founded by ex-Googlers and backed by First Round Capital, is revolutionizing the insurance industry with advanced generative AI technology. Their innovative solution is set to redefine operational efficiencies and profitability for insurance companies worldwide. Enhancing Efficiency and Reducing...

Azentio acquisition of intellectual property and other assets of Kuwait-based Pysurance and iMOTOR

Azentio Software , a leading end-to-end software company specializing in the BFSI sector announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product companies. The acquisitions will...

Life Insurance Corporation of India selects Infosys to digitise its platform

Infosys, a global next-generation digital services and consulting firm, has announced its collaboration with the Life Insurance Corporation of India (LIC) to spearhead its digital transformation initiative, DIVE (Digital Innovation and Value Enhancement). As part of the collaboration, Infosys will...

Martin & Company partners Coherent to expedite insurance product development

Martin & Company has joined forces with software-as-a-service company Coherent to accelerate the insurance product development process. This collaboration aims to increase the speed to market for insurance companies by leveraging advanced technology solutions. By integrating Martin & Company’s consulting services...

QBE Insurance Launches Global Cyber Coverage with QCyberProtect

QBE Insurance, a global insurer operating in 27 countries, unveiled QCyberProtect, a comprehensive and globally consistent cyber policy designed to enhance cyber resilience for a broad range of clients worldwide. QCyberProtect provides tailored coverage for losses arising from current and...

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