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Chubb | March 27, 2020
The hackers responsible for the Maze ransomware have claimed that they have hit major insurance company Chubb. The cyberattackers posted news of the attack on their website, claiming that they managed to encrypt devices on Chubb’s network this month. Bleeping Computer reported that as part of their modus operandi, the Maze hackers steal files from their victims before locking the devices with ransomware-based encryption. The stolen files are then used as leverage by the Maze hackers, who t...
Core Insurance
Majesco | June 17, 2021
Majesco, a global leader in cloud insurance software solutions platforms, announced today the completion of its acquisition of Utilant LLC, a U.S.-based InsurTech company that offers the industry-leading survey management SaaS product suite for Loss Control and Premium Audit surveys, as well as artificial intelligence (AI)/machine learning (ML) data and analytics. Utilant's cutting-edge SaaS solutions, contributory database, and AI/ML models provide the required next-generatio...
Insurance Technology
Zentist | June 08, 2022
The denials management feature in Zentist's Remit AI software revolutionizes the way dental support organizations (DSOs) and dental practices utilize Electronic Remittance Advice (ERA) while meeting the crucial challenge of dealing with denials. Claims are commonly returned to dental practices unpaid and under a 'pending' status because they were submitted with insufficient information.While eligibility and coverage issues render some claims unpayable, many more are cl...
Core Insurance,Risk Management
Munich Re and HSB | December 09, 2022
HSB, a provider of specialty insurance and technology services and a U.S. subsidiary of global reinsurer Munich Re, today announced they will expand their suite of risk management technologies and financial protections through a strategic agreement with Schneider Electric. HSB and Schneider Electric, a global leader in digital transformation of energy management and automation, will distribute their respective solutions and technologies to each other’s clients. ...
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