Insurance Technology

Search documents
EXL Recognized as Market Leader by Everest Group in its Group Life Insurance and Benefits Core Technology Products PEAK Matrix® Assessment 2025 – North America
Globenewswire· 2025-07-23 13:23
NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, has been recognized by Everest Group as a Leader and Star Performer in the Group Life Insurance and Benefits Core Technology Products PEAK Matrix® Assessment 2025 – North America. The Everest Group report evaluated 15 leading providers of life insurance and benefits technology on their delivery of cloud-native infrastructure, advanced analytics, and configurable core systems that address the unique complexities of ...
MediaAlpha To Report Second Quarter Financial Results on August 6, 2025
Globenewswire· 2025-07-18 13:00
Event to be Webcast Live on the MediaAlpha Investor Relations WebsiteLOS ANGELES, July 18, 2025 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX), today announced that it will release second quarter 2025 financial results on Wednesday, August 6, 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://invest ...
Roadzen Partners with Top Global Two-Wheeler OEM to Launch Connected Roadside Assistance for Electric Vehicles
Globenewswire· 2025-07-17 13:30
NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced a significant partnership with one of the world’s top two-wheeler manufacturers to bring connected roadside assistance to a new line of electric and connected vehicles across India. With Roadzen’s integrated platform, customers can request roadside assistance at the push of a button—directly from the vehicle’s dashboard or v ...
OneClick Code Announces New Integration with Verisk's Xactware to Support the Property Claims Ecosystem
GlobeNewswire News Room· 2025-07-08 15:56
Core Insights - OneClick Data, Inc. has integrated its building code data with Verisk's Xactware platform, enhancing claims professionals' access to crucial local code information for faster and more accurate claims resolution [1][2][6] - The collaboration aims to eliminate guesswork in property restoration claims, improving efficiency and transparency in the claims ecosystem [4][6] - OneClick Code's database covers over 32,000 municipalities and more than 99% of street addresses in the U.S., significantly outperforming other solutions that may return no results up to 40% of the time [4] Company Overview - OneClick Data, Inc. specializes in automated building code and permit data, providing address-specific reports that enhance transparency and accuracy in the construction and insurance industries [7] - The company has generated over 500,000 building code reports in the past year, showcasing its extensive reach and capability in the market [4] Industry Impact - The integration with Verisk's Xactware suite supports professionals in property insurance, remodeling, and restoration, driving accuracy and efficiency in claims resolution [5] - The upcoming expansion of OneClick Code's offerings will include exterior building code data, further aiding claims professionals in reducing research time and minimizing loss adjustment expenses [3]
X @Bloomberg
Bloomberg· 2025-07-03 12:26
Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s latest push into the insurance technology sector. https://t.co/dmKeGIrwrE ...
Roadzen Reports Full Fiscal Year 2025 Financial Results; Fiscal Q4 Delivers 13.3% Revenue Growth, 99% Net Loss Reduction, and Continued Progress Towards Breakeven
Globenewswire· 2025-06-26 20:05
Roadzen enters Fiscal Year 2026 with Momentum and Improved Operating Leverage Driven by Strong Performance in the U.S. and India and a $300+Million Pipeline Key Highlights – Fiscal Year 2025 1.Revenue Growth Returns in Q4Roadzen reported full-year revenue of $44.3 million, a 5.2% decline year-over-year due to the temporary suspension of GAP insurance sales in the U.K, which impacted an estimated $27 million in annualized revenues of the Company in FY2025. In Fiscal Q4, Roadzen returned to top-line growth, d ...
Genpact Launches Genpact RapidReplace with Amazon Business to Transform Personal Property Contents Claims
Prnewswire· 2025-06-17 13:00
Core Insights - Genpact has launched Genpact RapidReplace, an AI-powered solution aimed at transforming personal property contents claims processing, significantly enhancing customer experience by reducing settlement time from weeks to days [1][3]. Group 1: Product Features and Benefits - Genpact RapidReplace streamlines the fulfillment process through straight-through processing (STP) and rapid goods replacement via Amazon Business, improving the overall claims management experience for customers [1][2]. - The solution reduces fulfillment time from up to 12 days to three days or less, utilizing data extraction and generative AI to quickly compile lists of damaged or lost items and match them with like-kind-and-quality (LKQ) replacements [3][4]. - Integration with Amazon Business enhances efficiency by leveraging its powerful search tools and global logistics network for fast delivery to policyholders [3][4]. Group 2: Industry Impact and Collaboration - The collaboration between Genpact and Amazon Business is positioned as a transformative force in the insurance industry, automating the property loss replacement process and driving innovation [4][8]. - Genpact RapidReplace is part of the broader Genpact Claims Manager platform, which orchestrates claim setup, segmentation, and fulfillment, showcasing the company's commitment to enhancing claims servicing [4][6]. - A previous collaboration with Amazon Web Services (AWS) has already improved property contents inventory creation and LKQ pricing, reducing adjusters' investigation time by up to 75% [4].
Roadzen Partners with Global Energy Giant SHV Energy's Indian Subsidiary, SUPERGAS, to Deploy AI-Powered ADAS Across Its LPG Fleet
Globenewswire· 2025-06-17 11:30
SUPERGAS, India’s Leading LPG Company Selects Roadzen’s Platform DrivebuddyAI™ to Enhance Driver Monitoring, Reduce Accidents, and Meet Evolving Safety Mandates NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that SHV Energy Pvt Ltd [popularly known by its brand ‘SUPERGAS’ in India], a leading LPG company, will outfit its truck fleet with Roadzen’s multi-patented AI platf ...
Wall Street Analysts See a 38.85% Upside in EverQuote (EVER): Can the Stock Really Move This High?
ZACKS· 2025-06-06 14:56
Core Viewpoint - EverQuote (EVER) shares have increased by 6.4% in the past four weeks, closing at $24.61, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $34.17, representing a 38.9% increase [1] Price Targets and Analyst Estimates - The mean estimate consists of six short-term price targets with a standard deviation of $2.79, where the lowest estimate of $30 indicates a 21.9% increase, and the highest estimate suggests a 54.4% surge to $38 [2] - A low standard deviation among price targets indicates a high degree of agreement among analysts regarding the stock's price movement direction [9] Earnings Estimates and Market Sentiment - Analysts show increasing optimism about EverQuote's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - The Zacks Consensus Estimate for the current year has risen by 2.3% over the past month, with one estimate increasing and no negative revisions [12] - EverQuote holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13]
Roadzen's DrivebuddyAI Awarded Patent for Real-Time Driver Drowsiness Detection — Crosses 1.8 Billion Kilometers of Real-World AI Driving Data
GlobeNewswire News Room· 2025-06-03 13:01
NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the intersection of insurance and mobility, today announced that its DrivebuddyAI platform has been granted a patent in India for its Real-Time Driver Drowsiness Detection Algorithm. DrivebuddyAI’s patented system leverages AI and computer vision to monitor over 92 real-time eye and facial cues, enabling early detection of driver fatigue and triggering instant alerts—helping prevent ...