Browsing: claims processing

AI-driven commercial trucking insurer Nirvana Insurance announced an $80 million Series C funding round, solidifying its position as a leader in AI-powered insurance solutions. The funding will fuel further expansion and innovation in the sector.

The insurtech market is experiencing a surge in growth, fueled by increasing global insurance claims and advancements in claims processing. Projections indicate substantial expansion in the coming years.

Ant Insurance witnessed a significant boost in health claim processing, driven by its AI-powered solutions and increasing demand for health insurance services in China.

LexisNexis Risk Solutions has released Flyreel for Claims, an AI-driven solution designed to streamline property claims for U.S. home insurance carriers, offering cost reductions and improved customer experience.