Tagged: claims

December 8, 2025 @ 3:09 pm By Tony Zerucha  |  

According to data collected by J.D. Power, insurance customers are keeping an open mind when it comes to AI’s role in their overall experience. However, while customers do have an open mind about its use, that doesn’t mean there aren’t concerns about how insurance companies… Read More

July 22, 2023 @ 7:26 pm By Omar Faridi  |  

⁠Tractable, which claims to be a leader in artificial intelligence (AI) using computer vision to assess the condition of cars and homes, announces a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors in the investment round include Insight Partners and Georgian… Read More

July 22, 2023 @ 5:50 pm By Omar Faridi  |  

Snapsheet, which claims to be an industry leader specializing in claims management technology, today announced a strategic investment from State Farm Ventures. Through its innovative platform, Snapsheet streamlines and “expedites the claims process, providing insurers and policyholders with a seamless, user-friendly experience.” Snapsheet offers “a… Read More

June 12, 2023 @ 6:26 pm By Omar Faridi  |  

Snapsheet, which claims to be the “pioneer” of virtual appraisals and an emerging leader in cloud-based claims management software, announced that specialty property and casualty insurance carrier  IAT Insurance Group selected Snapsheet Claims software “to deliver the modern claims experience to its customers.” As noted… Read More

April 27, 2023 @ 3:33 pm By Omar Faridi  |  

Majesco, a global player focused on supporting cloud insurance platform software for insurance business transformation, announced a new digital payment offering for Majesco Claims for P&C customers. This new “out-of-the-box” integration with One Inc ClaimsPay reportedly “offers fast and secure digital claims payments through the… Read More

April 16, 2023 @ 11:28 pm By Omar Faridi  |  

Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech, announces the next phase of its Driver Safety Program, the company’s signature loss prevention initiative, “proven to reduce the frequency and severity of claims and improve road safety for America’s truckers and… Read More

March 26, 2023 @ 3:51 pm By Omar Faridi  |  

After months of litigation, Celsius recently revealed it has reached an agreement with the Custody Ad Hoc Group and the UCC on a Settlement that reportedly “returns most digital assets in the Custody Program to account holders who opt in to the Settlement.” Custody users… Read More

February 9, 2023 @ 4:16 pm By Omar Faridi  |  

ThetaRay, a provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, announced a collaboration in order “to implement an advanced AML solution for insurance claim payments.” Through the agreement, Piie (Payments Intelligent Integration Engine) will “integrate ThetaRay’s AI-driven… Read More

January 7, 2023 @ 9:26 am By Omar Faridi  |  

Liberate Innovations Inc., a software-as-a-service (SaaS) platform that enables P&C insurers to fully automate claims and underwriting journeys, announced its launch “after raising $7 million in venture funding.” The platform “empowers insurers to deliver digital self-serve experiences and orchestrate an ecosystem of solutions providers and… Read More

July 28, 2022 @ 9:41 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced its subsidiary, The Depository Trust Company (DTC), has “connected its automated ClaimConnect solution to the claims processing platform offered by financial software provider Kingfield Corporation.” The partnership… Read More

September 14, 2021 @ 10:16 pm By Omar Faridi  |  

To ensure that individual consumers, families, and companies have near-instant access to insurance funds to deal with unexpected situations or emergencies, One Inc, a digital payments network for the insurance sector, reveals that it intends to disburse claims via Mastercard virtual cards and Mastercard Send…. Read More