Live Insurance News

Fast-Growing Gradient AI Announces Continued Momentum Built on its AI Solutions that Transform Insurance Claims and Underwriting

September 20, 2022September 21, 2022 Company Growth Story

– Revenue Grows More Than 100% in First Two Quarters – Doubles Global Staffing, Selected by over 30 New Customers Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at InsureTech Connect Vegas its Q1 and Q2 highlights and continued momentum for 2023 and beyond. During this time, the company increased revenue by more than 100% and added over 30 new customers. “Gradient AI is in rapid-growth mode and well-positioned to continue on this path well into 2023,” said Stan Smith, founder and…

More asset managers addressing insurers investment needs

September 20, 2022 PR Article

CAMRADATA, a leading provider of asset manager research, due diligence, investment data and analysis for institutional investors has just published their US Insurance Asset Manager 2022 Directory, the #1 source of insurance asset management data. This year, CAMRADATA’s US Insurance Asset Manager Directory 2022 concentrates on those asset managers who are currently managing portfolios on behalf of global insurance companies, including US insurers, as provided via CAMRADATA’s online manager research platform, CAMRADATA Live. With over 115 asset managers listed, the US Insurance Asset Manager Directory 2022 is the largest and…

Black Talon Security Announces Top 10 Tips for Insurance Companies to Prevent Cyberattacks

September 16, 2022 PR Article

Black Talon Security, a leading NY-based national cybersecurity firm, has announced its Top 10 tips insurance companies or agencies should follow to keep data secure and protect records. “Preventing the theft of data and protecting business continuity must be a primary focus for owners of insurance organizations of all sizes; 75% of ransomware attacks in particular result in the theft of most or all of the business data,” said Gary Salman, CEO of Black Talon Security. “The average cyberattack will force a company or agency to shut down for two weeks, as well as negatively impact its integrity and reputation. This does…

Sustainable food and agriculture movement leaders sponsor US Farmers & Ranchers in Action’s fourth annual Honor the Harvest Forum

September 13, 2022 PR Article

Sponsors fund premier forum focused on addressing needs of the next Decade of Ag St. Louis, MO, September 13, 2022- U.S. Farmers & Ranchers in Action (USFRA) announced today the sponsors of the fourth annual Honor the Harvest Forum, an invitation-only executive leadership convening to explore top-line challenges facing agriculture. Attending leaders will co-design solutions with the best minds in food, agriculture, finance, science, and technology and all work together to further global sustainable food systems. This year’s signature sponsors, all recognized leaders in the sustainable food and agriculture movement…

GeoX partners with Sompo Japan to develop AI-based automated underwriting platforms

February 16, 2022February 15, 2022 PR Article

GeoX, a leader in supplying geospatial data to insurers Announced today a partnership with Sompo Holdings Inc., Sompo Japan Insurance Inc., and Sompo Risk Management Inc., specialty providers of property and casualty insurance and reinsurance with operations in the U.S. and 80,000 employees in 228 cities in 30 countries. This partnership will support Sompo Japan as it develops an automated underwriting methodology utilizing state-of-the-art AI technology. In recent years, advances in geospatial data technologies such as higher resolution and 3D satellite imagery have led insurers to use data in ways…

Headline: FinTech Global’s InsurTech100 list reveals the must know companies in the sector in 2021

November 1, 2021 PR Article

As the InsurTech sector continues to hit record investment levels, FinTech Global has revealed the 100 most innovative InsurTech companies as part of its fourth annual list. The InsurTech100 2021 is a ranking of the world’s most innovative technology solution providers that address the digital transformation challenges within insurance. An exhaustive list of 1,400 companies was compiled by FinTech Global. This data was then assessed and voted on by a panel of analysts and experts. Finalists were selected for their innovative use of technology to solve a significant industry problem or generate…

Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting

September 14, 2021September 14, 2021 PR Article

Morristown, N.J. (August 31, 2021) – Dennis M. Baez joins Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, as a senior vice president of underwriting. He is responsible for underwriting primary and excess business within the retail and wholesale insurance communities, fostering strong broker relationships and achieving profitable growth for Berkley Construction Professional’s contractors’ and owners’ professional liability portfolio. “Dennis’ extensive experience at several global leaders in insurance broking will help us better understand the professional liability needs of our customers and enable us to develop…