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Luko, Shift Technology | November 25, 2020
Shift Technology, a supplier of AI-native fraud detection and claims automation solutions for the global insurance industry today reported its fraud detection technology has been chosen by computerized native neo-insurance company Luko.
Since its launch in May 2018, Luko has been forging another way in the realm of property holders insurance. This spearheading new insurance company utilizes patented technology which predicts which claims might be recorded (water harm, fire, and so...
Arch Insurance (UK) Ltd | June 25, 2020
All of the defendants in the Financial Conduct Authority’s (FCA) High Court business interruption test case have served their defences, and Insurance Business brings you some of the key points from the documents.
“The true position is that a number of separate, individual actions were taken and advice given by different bodies, with different aims and different effects on different ...
RPS | April 09, 2020
Risk Placement Services (RPS) has announced the launch of RPS Standard Express, an online submission platform that allows agents to quickly rate, quote, and request to bind standard lines coverage for both commercial and personal accounts. The platform is powered by InsureZone. “What used to be a laborious process of filling out an ACORD application, manually sending it in and waiting days for a quote has disappeared,” said Chris Crawford, president of standard lines at RPS. “N...
Swiss Re | April 17, 2020
In response to the COVID-19 outbreak, Swiss Re is opening access to its proprietary Life Guide underwriting manual – what it deems the industry’s number one global underwriting manual – to all life and health insurers for 90 days.
The manual will be accessible from April 27 to July 31. The offer is designed to help life and health insurers navigate the effects of the outbreak, better understand the risks they underwrite, and gain confidence in offering coverage at a time...
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