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Ebix launches ExposureHub in US
Yahoo Finance· 2025-10-24 09:33
Ebix has announced the US launch of ExposureHub, a platform that provides real-time exposure visibility and analytics for the insurance industry. Initially deployed in the London market, ExposureHub is part of Ebix’s Global Risk Compliance & Management Exchange. The platform is aimed at property, casualty and specialty insurers, as well as brokers and risk teams. It combines AI analytics, portfolio modelling and “geocoding-based mapping” to allow users to understand risk distribution across various regi ...
WTW Radar integrates with Snowflake to deliver effortless data integration and real-time insights
Globenewswire· 2025-10-22 12:00
NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- WTW (Willis Towers Watson, NASDAQ: WTW) today announced the introduction of the Radar Connector for Snowflake, enhancing WTW’s market-leading, end-to-end insurance analytics and pricing platform. This new integration with Snowflake, the AI Data Cloud company, enables Radar users to access data securely and directly from the Snowflake platform, supporting better-informed analytical decisions without the need for data transfers or duplication. As the industry become ...
Insurtech company Exzeo targets $2bn valuation in US IPO
Yahoo Finance· 2025-10-17 10:34
US-based insurance technology company Exzeo Group is eyeing a valuation of up to $2bn through an initial public offering (IPO) in the US. The company aims to raise approximately $176m by issuing eight million shares priced between $20 and $22 each. As the federal government shutdown shows no sign of ending, some corporate issuers are invoking the seldom-used 20-day rule to move forward with IPOs, reported Reuters. Last week, the Securities and Exchange Commission (SEC) loosened rules to make IPOs easier ...
Verisk Launches New Underwriting Solution to More Quickly Assess Rebuild Valuefor Commercial Properties in the U.K.
Globenewswire· 2025-10-15 07:15
Core Insights - Verisk has launched Commercial Rebuild, an underwriting solution aimed at providing U.K. commercial property insurance specialists with a customizable model for accurately assessing the rebuild value of small- to mid-market commercial buildings [1][6] Industry Context - The launch comes at a critical time as underinsurance is a significant concern, with a report indicating that nearly 46% of commercial properties in the U.K. are estimated to be underinsured [2] Product Features - Commercial Rebuild allows for remote estimation of reinstatement costs without the need for site visits, using just an address to calculate costs for various commercial premises [3] - The solution combines a tailored surveyor model with high-quality data and technology to help insurers, brokers, and MGAs calculate reinstatement costs more efficiently [4][6] - Key features include minimal input requirements, access via real-time API or web-based portal, and a regularly updated detailed rebuild cost model to align with changing material and labor costs [7] Operational Benefits - The system aims to provide high-quality estimates that align with building industry valuations, making it more economical for insurers to cover small- to mid-market commercial properties [6] - By leveraging comprehensive property datasets and technology, the solution enhances customer satisfaction and simplifies workflows for insurers, MGAs, and brokers [6][8]
MediaAlpha To Report Third Quarter Financial Results on October 29, 2025
Globenewswire· 2025-10-13 20:10
Event to be Webcast Live on the MediaAlpha Investor Relations WebsiteLOS ANGELES, Calif., Oct. 13, 2025 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX), today announced that it will release third quarter 2025 financial results on Wednesday, October 29, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha’s Investor Relations website at https ...
DXC Launches Assure Smart Apps to Accelerate AI-Driven Innovation in the Insurance Industry
Prnewswire· 2025-10-13 04:01
Core Insights - DXC Technology has launched DXC Assure Smart Apps, a suite of AI-powered applications aimed at transforming the insurance industry by enhancing customer engagement and operational efficiency [1][2][3] Group 1: Product Features and Benefits - Assure Smart Apps integrate seamlessly with insurers' core systems using cloud capabilities from Amazon Web Services (AWS) and APIs from the DXC Assure Platform, enabling efficient implementation of AI-driven solutions [2][3] - The applications are designed to address common challenges in the insurance sector, providing features such as self-service capabilities, AI-driven customer support, and intelligent insights for decision-making [7] - The partnership with ServiceNow enhances the workflow technology and AI capabilities of the Assure BPM platform, resulting in an approximate 80% reduction in process design time [4] Group 2: Market Position and Expertise - DXC Technology has over 40 years of industry experience and is a trusted partner for 21 of the top 25 insurers, processing more than 1 billion policies on its software [5] - The modular approach of Assure Smart Apps allows insurers to innovate at their own pace without disrupting existing operations or investments [3]
Health In Tech, AlphaTON Partner to Develop ‘HITChain’ Blockchain Platform for Healthcare Claims on TON
Yahoo Finance· 2025-10-11 13:48
Health In Tech Inc. (NASDAQ:HIT) is one of the best performing new tech stocks to invest in. On September 30, Health In Tech and AlphaTON Capital Corp. (NASDAQ:ATON) signed a non-binding strategic Letter of Intent/LOI. This LOI is meant to jointly develop HITChain, which is a blockchain-enabled healthcare insurance claims processing platform to be built on The Open Network/TON. The collaboration uses Health In Tech’s insurance expertise with AlphaTON’s blockchain infrastructure and security protocols to e ...
Is the Vanguard Total Stock Market ETF a Millionaire-Maker?
The Motley Fool· 2025-10-07 08:09
Group 1 - The Vanguard Total Stock Market ETF (VTI) is highly diversified, tracking the CRSP U.S. Total Market Index, which includes 3,508 companies listed on American stock exchanges [1][3] - The ETF's top three holdings are Nvidia, Microsoft, and Apple, which together have a combined market value of $12.2 trillion, representing 18.1% of the fund [3][4] - The ETF has delivered a compound annual return of 9.2% since its inception in 2001, with a recent acceleration to 14.6% over the last 10 years, largely driven by tech companies in cloud computing, enterprise software, and AI [7][8] Group 2 - The Vanguard ETF provides exposure to the AI industry but does not rely on its success as heavily as more concentrated index funds like the Nasdaq-100, which has a higher weighting in hypergrowth stocks [5][6] - The ETF's performance may be less volatile, appealing to risk-averse investors, but it has resulted in lower returns during the recent AI boom [5][6] - The ETF could potentially turn a $50,000 investment into $1 million in 22 to 34 years, depending on the annual return rate [8][9] Group 3 - The Vanguard ETF includes smaller companies that may represent emerging growth stories, which are not available in more concentrated indexes [7][10] - Companies like Upstart Holdings, Lemonade, Sprouts Farmers Market, Tenable, and SoundHound AI are examples of growth stories found within the Vanguard ETF [10]
DXC Launches Assure Broking Essentials: AI-Powered SaaS for Small and Mid-Sized Insurance Brokers
Prnewswire· 2025-10-07 04:01
Core Insights - DXC Technology has launched Assure Broking Essentials, an AI-powered multi-tenant SaaS solution aimed at enhancing operations for small and mid-sized insurance brokers [1][2] - The solution addresses challenges in the insurance industry, including the need for digitization, compliance with regulatory requirements, and meeting customer expectations [1][2] - Assure Broking Essentials integrates with partners like ServiceNow and AWS to provide a secure, scalable platform that improves productivity and customer service [2][3] Industry Context - The insurance industry is facing pressures from legacy technology, skills shortages, and outdated processes, necessitating modern solutions [2] - DXC's solution is designed to replace legacy processes with an AI-first operating model, facilitating fast onboarding and integration [1][2] - The platform adheres to evolving regulatory frameworks, including ACORD GRLC standards, ensuring compliance and security [1][2] Company Positioning - DXC Technology has over 40 years of experience in the insurance sector and processes over 50% of transactions in the London insurance market [4] - The company aims to modernize the global insurance ecosystem and expand its portfolio to support brokers of all sizes [3][4] - DXC continues to innovate in core insurance systems, managing over one billion policies processed on its software [4]
DXC Launches APEX Partnership Program to Connect Insurers with Certified InsurTech Providers
Prnewswire· 2025-10-07 04:01
Core Insights - DXC Technology has launched the DXC APEX Program, aimed at simplifying integration and accelerating innovation within the insurance value chain [1][4] - The program addresses the challenge of fragmented and costly integration with third-party solutions, enabling faster adoption of new capabilities for (re)insurers and brokers [2][4] - The DXC Assure Platform serves as a cloud-based service that supports both legacy and next-generation systems, facilitating seamless integration and operational efficiency [3][4] Industry Impact - The DXC APEX Program is designed to help insurance providers modernize their operations and adopt emerging technologies more rapidly [4] - InsurTech providers have joined the program, which allows DXC customers to streamline workflows and reduce costs, driving sustainable growth [4][6] - DXC Technology is a trusted partner for 21 of the top 25 insurers globally, processing over 1 billion policies on its software [4]