Insurance stories - Page 4

British firm TMT ID secures GBP £30m from BGF to expand real-time age verification and fraud prevention globally, focusing on the US market.

SAS has been named a leader in real-time interaction software for its Customer Intelligence 360, excelling in AI and data-driven customer engagement.

Capco joins OpenAI's Beta Services Partner Programme, gaining early access to AI tech to enhance financial and energy sector services globally.

Paysafe and Endava have joined forces in a multi-year partnership to revolutionise global digital payments using AI-driven technologies and expert services.

Despite over USD $40 billion spent on enterprise AI this year, 95% of organisations struggle to justify ROI due to data challenges, says Informatica's Krish.

By 2026, AI will revolutionise banking and insurance, with over half of younger adults using generative AI for financial advice, says Forrester report.

Guidewire will acquire ProNavigator, enhancing its platform with context-aware knowledge to improve efficiency and service in the P&C insurance sector.

Reflectiz has raised $22 million in Series B funding to expand its AI-driven web risk platform and establish a global HQ in Boston.

Prophet appoints James Sawyer as VP Sales and Partnerships to boost growth and predictive decision intelligence in Sydney and Brisbane markets.

Australia sees a 17% rise in data breaches as AI-driven threats on hybrid cloud systems surge, prompting tighter APRA regulations on cybersecurity compliance.

Iron Mountain launches AI-powered InSight DXP platform to unify physical and digital data, boosting productivity and automating compliance for enterprises.

Tata Communications unveils Voice AI platform for real-time, multilingual fintech chats, enhancing speed, security, and seamless automation in financial services.

Organisations using NiCE's AI-driven CXone Mpower platform report faster response times, better service quality, and improved staff efficiency across sectors.

Elemental Concept has appointed Chris Mitchell as Managing Director APAC to drive its expansion and digital transformation services across the Asia-Pacific region.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.

OCBC's 20-year investment in data underpins over 30 AI applications, boosting efficiency and cutting costs across its banking services.

Felipe Flores has been named Regional Senior Vice President of Data and AI at Endava, leading expansion of AI capabilities across the Asia-Pacific region.

Cinven acquires majority stake in Smart Communications to boost global growth and innovation in regulated sectors using its cloud-based customer communication platform.

Alpha Ladder Finance patents NFDT tokenisation tech in Singapore, enhancing real-world asset digital twins with compliance and real-time data features.

NTT DATA and Mistral AI team up to develop private AI ecosystems for regulated sectors across Europe and Asia-Pacific, focusing on data privacy and ethical deployment.