Insurtech

Insurtech news: Technologies used to improve efficiency in the insurance industry based on KYC, big data, blockchain, cloud. Startups are the new agent.

40% of SME bankers still require over one week to approve loans

40% of SME bankers still require over one week to approve loans

  FintechOS, the global technology provider for banks, insurers and other financial services companies, has launched a report, in association with Efma, a non-profit organisation created by...
‘Systemic’ cyberattack presents real risk for US banks

‘Systemic’ cyberattack presents real risk for US banks

  US banks face material risks from ‘systematic’ cyberattacks despite being able to withstand average modelled cyber risk losses, according to Fitch. In a new report entitled “Quantifying US...
How telemedicine and AI can benefit heathcare providers?

How telemedicine and AI can benefit heathcare providers?

By Shivani Muthyala Telemedicine and AI can be cost-effective at the same time accurate Telemedicine and AI-driven symptom checking has enhanced the first-level diagnosis and prioritizing...
Novidea partners with ACORD Solutions Group to help shape the future of the insurance market

Novidea partners with ACORD Solutions Group to help shape the future of the...

  Novidea, the global provider of the ‘born-in-the-cloud’ insurance platform that  enables brokers, agents, and MGAs to manage and drive growth across the entire distribution...
Bitcoin emits less than 5 percent of the legacy financial sector´s carbon emission

Bitcoin emits less than 5 percent of the legacy financial sector´s carbon emission

  In my very first foray into publishing an analysis on this topic in 2014, and as recently as my last piece for Bitcoin Magazine, I set...
European premiums down 5% as MAPFRE remains sixth-largest European non-life insurer

European premiums down 5% as MAPFRE remains sixth-largest European non-life insurer

The premium volume of the insurance business in Europe fell by 4.9% in 2020  However, aggregate premium of top groups in non-life segment...

WhenFresh partners with Bluesky to give insurers vital access to National Tree Map™ data

London, 5 August 2021: WhenFresh has teamed up with tree mapping specialists Bluesky to make its National Tree Map™ (NTM™) data available to insurers...
Insurers tighten coverage for cyberattacks

Insurers tighten coverage for cyberattacks

Insurers are having to take a hard look at how they deal with ransomware attacks as they keep happening and coverage is much more...
Mapfre´s earings rise by 34.5 percent to 364 million euros in the first six months of the year

Mapfre´s earings rise by 34.5 percent to 364 million euros in the first six...

KEYS ASPECTS OF THE FIRST HALF The Group records revenues of just under 14.1 billion euros (+6.1 percent) and premiums grow by 6.2 percent...
The future of fintech is networked, not hierarchical. How coronavirus will usher in a new digital age

The future of fintech is networked, not hierarchical.

By Seth Ward Old, hierarchical institutions have shown they lack resilience to coronavirus. Their large properties, huge ivory towers designed to be both imposing and...

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AI and Blockchain will revolutionize the gaming world forever

AI and Blockchain will revolutionize the gaming world forever

By Jack O’Holleran Traditional gaming, as we know it, is gasping its last breaths. We’re hurtling towards a future where AI and blockchain don’t merely...
Top security tips from billionaire Crypto investors

Top security tips from billionaire Crypto investors

By Vladimir Popescu Billionaire tips for crypto investment are in high demand, and today we’ll dive right into this topic. The crypto market keeps changing,...

The Integration of Cryptocurrency into Mainstream Financial Systems

Cryptocurrency has transitioned from an experimental digital asset to a disruptive force in mainstream financial systems. With increasing institutional adoption, regulatory advancements, and evolving...