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"As of December 2024, we have close to 400 use cases for GenAI alone, and this number keeps growing."
– Manuela Diviach, Head of Group Operations, Allianz.
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Sponsored |
Top 10 Auto Insurer Exposes Dishonest Claimants with Carpe Data |
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A team of claim handlers at one of the largest US auto insurers combined Carpe Data's Online Injury Alerts and investigative savvy to put the brakes on two claimants who exaggerated the extent of their injuries after being in an accident with one of the company's customers, winning a favorable verdict in court that saved the insurer $500,000 in fraudulent losses.
"The favorable outcome in this case highlights the value of partnering with Carpe Data to prevent bad actors from taking advantage of our company and our customers" said a Senior Claims Executive for the insurer.
Don't let fraudsters control the narrative — get the whole story with Carpe Data
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New offering I |
Hiscox has launched a new Financial Institutions offering available to financial institutions worldwide such as banks, insurance companies and asset managers, with a particular focus on North American, UK, Australian and European institutions.
The new offering will provide financial institutions with the option to choose up to four areas of coverage: Directors' and Officers'; Professional Indemnity/Errors and Omissions; Crime; and Cyber.
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New offering II |
Securian Financial has launched two supplemental health insurance products – accident insurance and critical illness insurance issued by Securian Life Insurance Company – tailored for distributors to market to customers of affinity organizations, including financial institutions and associations.
Securian's Affinity Solutions business provides insurance and other protection products to more than 6,000 financial institutions and associations in the US and Canada.
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🤝 |
Bold Penguin recently announced a new partnership with EMPLOYERS, expanding the workers' compensation coverage options available in the Terminal.
Directly appointed agents will be able to quote and bind coverage solutions for businesses of all sizes in almost every state and the District of Columbia. |
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💰📞 |
Gallagher Q4'24 Earnings Highlights (Jan 30, 2024):
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Completed 20 tuck-in acquisitions in Q4, adding $200M in annualized revenue.
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M&A pipeline includes 45 term sheets in progress (~$650M in annualized revenue).
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Using AI & technology to improve efficiency in its India operations (~12,000 employees).
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CEO J. Patrick Gallagher on automation: "Just take certificates of insurance. We're going to issue 3 million, 4 million of them pretty much error free. There aren't any real brokers that can claim that."
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FSD discount |
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Also available in Arizona. |
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GEICO IA update |
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You can now chat with Next |
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Coverager Research |
Our Latest Research – Seed to Shift? An Overview of the Current Pet Insurance Market |
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Member Content |
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Now Hiring |
Acuity Insurance, American Family Insurance, Berkshire Hathaway GUARD, Galecki Search Associates, Nationwide, Protective Life, The Hanover, Travelers, USAA. View open positions. |
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This Month on Coverager Data |
