AML and digital KYC company Moody's has announced a collaboration with TrueBiz, a leader in automated merchant risk assessment.
In the insurance sector, the transition from manual to automated systems represents a major advancement in accuracy and efficiency. This shift has opened the door for a new era in insurance operations and was motivated by the need to get past the drawbacks of conventional underwriting techniques. At the front of this revolution is an automated underwriting system that uses sophisticated analytics and algorithms to expedite the risk assessment and decision-making procedures.
The InsurTech business has relied more on emerging technologies to boost productivity and efficiency in an increasingly digitalized environment. But in this fast-moving world of technology, the importance of strong cybersecurity cannot be emphasized. But how can the cybersecurity safeguards at your business be strengthened?
The way insurers analyze, manage, and mitigate risks is being revolutionized by digital innovation, which is changing the risk environment. The emergence of advanced data analytics, automation, and artificial intelligence technologies has provided insurers with unparalleled insights into risk variables, empowering them to make well-informed decisions and promptly address emerging threats.
The underwriting and pricing model software solutions provider Optalitix, an InsurTech, has introduced major improvements to its Optalitix Models and Optalitix Quote products.
Juniper leads the way in innovative insurance coverage for reproductive health.
April 12, 2024Finastra introduces a small business DFA 1071 compliance data gathering module.
April 12, 2024