InsurTech Digital’s Post

🚰💼 Water leaks not only cause substantial damage but result in the wastage of millions of pounds annually. Addressing these issues head-on, Ondo InsurTech Plc introduces "LeakBot," a patented app-based monitoring system. 🌐✨ In a recent interview with IG, Ondo's Founder and CEO, Craig Foster, sheds light on how #Ondo is actively collaborating with prominent #insurers and water companies. The #business's commitment to technological #innovation in the #water monitoring space is apparent, positioning it as a leader in the industry. 💡 As Ondo continue to engage with high-profile insurers, LeakBot's distinctive features set it apart in the market. With limited competition, the possibilities and opportunities for collaboration are wide open. 🎙️ Watch the full interview on IG to gain valuable insights into Ondo Insurtech's journey and the transformative impact of Leakbot in the water conservation landscape. 🚀 https://lnkd.in/gNEME7hT #WaterInnovation #Insurtech #LeakDetection #TechnologyInnovation #OndoInsurtech Stefania Barbaglio

Roots Automation is excited to be listed among 24 Recognized Leaders being showcased at Scout InsurTech in Columbus, OH on June 17! Hosted by InsurTech Ohio, Scout InsurTech is a forum for cultivating new relationships between Insurtech innovators and the broader insurance industry. If you’re planning to be there, drop by to see us and discover how Roots is reinventing the future of #insurance #underwriting and #claims. Click to learn more: https://hubs.la/Q02BlZ3K0 #InsuranceDocumentAI #Insurtech #DigitalCoworkers #GenAI

This is the era of Insurtech 2.0 — a journey propelled by digital experiences. To meet the industry's growing needs, insurers must address customers’ expectations by building a robust digital system, leveraging cutting-edge capabilities from ecosystem partners, and optimizing their distribution channels to better serve customers. Nick L., Senior Vice President of Product and Experience at Duck Creek Technologies shares more in a recent article in PropertyCasualty360. Read on to learn more: https://bit.ly/3IqbEjv #propertyandcasualty #digitaltransformation #insuranceindustrytrends

I cannot wait to attend the 2024 Spring Conference hosted by InsurTech NY today and tomorrow! It will be great to learn about new trends in the industry and connect with new and old colleagues and mentors of mine! If your company needs a customized from start to finish AI or machine learning solution, please don’t hesitate to come chat with me and I would love to talk about your individual use case and business facts and circumstances to get you on the path towards success! #insurtech #AI #machinelearning #global

We are thrilled to be sponsoring and presenting at 2024 NAMIC Annual conference this year! Our educational session GenAI: Revolutionizing and Optimizing Insurance Operations on Tuesday afternoon will be a key session for attendees to participate in. Why? If your Board, leadership and company is like so many others in the industry, GenAI and AI are the top topics of discussion in how you can leverage this technology. Why is this important? Just consider the May 2024 AM Best report that reviewed P&C insurer financials relative to their innovation score. The correlations are stunning and predictive. They prove the value of innovation and technology. The report noted strong financial value for those with high innovation scores, including significantly higher NPW growth, lower expense ratios, and lower combined ratios. In this session we will dive deeper into Majesco’s data and analytics strategy, the approach, the use cases across the entire value chain from policy to billing and claims and share a live demo using GenAI highlighting the 10-15 times productivity and operational efficiency that can be achieved, helping to bend the operational cost curve and learning curve of employees. Real operational value with embedded GenAI across the workflow and business can truly innovate, optimize and transform the business. #genai #innovation #optimization #transformation

Zala Insurtech News: Root Platform (Root), the end-to-end insurance technology platform known for its low-code and API-first approach, welcomes Alex Astengo as the UK Country Manager, based in London.  The post Alex Astengo Takes Helm at Root to Spearhead UK Expansion appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

It’s official – Qover is (yet again) on the CB Insights Insurtech 50 list 🎉 For the second year in a row, and this time as one of the world’s most promising ‘embedded insurance platforms’ category. Yet another testament to the hard work we all put in on a daily basis! 🚀 Let’s keep the momentum going 💪 #Insurtech50 #EmbeddedInsurance #Insurtech #EmbeddedInsuranceOrchestration

Qover is one of the most promising insurtech companies in the world 🌍 For the second year running, we’ve made CB Insights’ Insurtech 50 list – this time under the ‘embedded insurance platforms’ category. To me, this achievement really reflects the ongoing dedication from the whole Qover team – thank you for all of your effort and hard work! And kudos to the other winners on the list – it’s great to be in such good company. Let’s continue to push the boundaries of what insurtech can do. #Insurtech50 #EmbeddedInsurance #Insurtech #EmbeddedInsuranceOrchestration

🚀 We are one week into the 2024 edition of the Microinsurance Master accelerator program. The learnings are profound and diverse. The experience is enriching and fun. Here are some of the impressions as shared by our delegates Shipango Muteto, Anne Wangalachi, S M Ziaul Hoque, FLMI, Emmanuel Nzanana as well as Joanne Claire G. Tan from Pioneer Insurance #microinsurance

Our spotlight continues with Kate Dodson of Ohio Mutual Insurance Group. Kate sat with Andrew Daniels to discuss claims training and uncovering the latest trends. "It's really all about looking at what people in society are gravitating toward as a whole and being open to changing our processes to match that. The experience we provide in claims is going to be compared with the experiences they have with other organizations every day. As an industry, we have gotten better with evolving our processes over time, but the pace is so fast now that it can be challenging to keep up." - Kate Follow us for weekly interviews with innovative voices in insurance, covering topics from startups to modernization. And as always a big thank you to our Presenting Partner, JobsOhio, and our Premier Partners: battleface, Beam Benefits, Bold Penguin, Branch Insurance, Central Insurance, Encova Insurance, Grange, Matic, Nationwide, Ohio Mutual Insurance Group, Western & Southern and Westfield. #insurance #technology #insurtech #future #innovation