Mutual Insurance Company of Arizona (MICA) announced that AM Best has affirmed the company’s Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of a+ (Excellent). The outlook for both ratings is stable. MICA Risk Retention Group Inc. also received a Financial Strength Rating of A (Excellent) and... The post AM Best Reaffirms A (Excellent) Financial Strength Rating for Mutual Insurance Company of Arizona appeared first on GlobalFinTechSeries.| GlobalFinTechSeries
TADA, a zero commission ride hailing platform from Singapore, has launched in Hong Kong in partnership with YAS Insurtech, a regional provider of embedded micro insurance. Under the arrangement, every TADA journey in the city will include real time, trip specific insurance cover without the need for riders to opt in. The insurance activates when [...] The post TADA Launches Ride Hailing Service in HK with Built In Insurance appeared first on Fintech Hong Kong.| Fintech Hong Kong
According to CRIF, pet owners in Britain are now the most likely in Europe to say pet insurance costs are the highest they’ve ever been.| The Fintech Times
The P&C insurance industry entered 2025 with stronger profitability, thanks to improved underwriting practices and... The post 2025: The State of the P&C Insurance Industry first appeared on WaterStreet Company.| WaterStreet Company
The U.S. P&C insurance industry is in the midst of profound transformation in 2025, driven... The post 2025 Trends in P&C Insurance: Technology, Competition and Innovation first appeared on WaterStreet Company.| WaterStreet Company
The VC model has not worked well for a fintech segment that requires patient capital. Can it change?| Digital Finance
Optifino, BGA radically simplifying life insurance experience, today announced the addition of two industry veterans to its leadership team| GlobalFinTechSeries
For property and casualty (P&C) insurers operating in catastrophe-prone regions like Texas, wind policies play... The post How to Configure Wind Policies for P&C Insurance first appeared on WaterStreet Company.| WaterStreet Company
Prudential group chief information officer Ashley Veasey outlines the insurer's strategy for change.| Digital Finance
The Rise of AI in Insurance: What to Expect by 2025 Today, AI handles only 10% of insurance processes, but that number is set to soar, with experts predicting a 24% annual adoption rate.The goal – A customer files a claim, and within minutes, AI in insurance assesses risks, detects fraud, and offers a tailored … Continue reading AI is Cashing In, But Can It Actually Cash Out for Insurance Tech by 2025? The post AI is Cashing In, But Can It Actually Cash Out for Insurance Tech by 2025? app...|
In the rapidly evolving world of insurance, modernizing the underwriting function is no longer an option—it's a necessity. Our latest whitepaper dives deep into the underwriting workbench, a critical enabler of this transformation. We explore the complexities of the current vendor landscape and provide strategic insights to help carriers navigate their technology choices effectively.| Insurance Consulting – Alpha FMC
Insurance companies are able to adopt generative AI without insurtechs. Will this change?| Digital Finance
Cutting-edge technology is steadily becoming a buzzword for the insurance industry. Artificial intelligence (AI) and automation are some of the most potent tools that are revolutionising insurance processes, while unlocking numerous benefits for not just insurers, but their customers too. Reporting automation is one of these new-age innovations that have a vital role to play … Continue reading Streamlining Claims Processing: The Role of Reporting Automation in the Insurance Industry| www.indusnet.co.in