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Insurance Business Magazine | January 16, 2020
Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...
Greater Than | June 22, 2021
Greater Than (GREAT), the AI data analytics provider, is taking engine underwriting into another period. The organization's AI opens future expense for mishaps per driver, in this way giving a period benefit of 12 to year and a half's over conventional risk models. A period advantage that generally changes how engine risk proactively will be moderated, overseen, and evaluated.
Data has consistently been a fundamental aspect of the insurance industry. Adding AI into the con...
Alera Group | April 15, 2020
Alera Group has acquired Georgetown Insurance Service, an independent insurance agency in Silver Spring, MD. Terms of the transaction were not disclosed. Georgetown Insurance has been serving clients in and around the state of Maryland for decades, a release said. The agency has worked closely with clients from the construction, manufacturing, real estate and transportation industries, providing “specialty offerings and enhanced services.” “Georgetown Insurance Service, led by ...
Cision PR Newswire | September 01, 2020
Shift Technology, a provider of AI–native fraud detection and claims automation solutions for the global insurance industry, and Central Insurance today announced that Shift will support Central Insurance's fraud detection and subrogation initiatives. As a result, Central Insurance will deploy Force, Shift's fraud detection solution to uncover suspicious behaviors in the insurer's auto and property claims processes. The insurer will also use the technology to identify more quic...
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