Veridion raises $6 million to finance their proprietary APIs’ to benefit insurance industry

insuretech news

Veridion aims to “deepen” AI comprehension within the business landscape. The new-age data vendor is making the most of the AI (artificial intelligence) revolution and has announced the $6 million round financing and launch of their proprietary, self-service “Match & Enrich APIs”. Specializing in Firmographic Data, Veridion has specifically trained their APIs (Application Programming Interfaces) to understand the global business landscape, providing their clients – a number of which are high-profile insurtechs and insurance carrier – with the ability to access reliable data on 80 million businesses around the world.…

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5 Essential Tips When Getting Car Insurance Quotes

Car Insurance Qoutes

In the United States, all drivers are required to insure their vehicles from trucks to motorcycles and everything in-between. However, finding the right car insurance policy to meet your needs can be a daunting task. You’ve likely seen countless commercials and advertisements with each company claiming that they are the best, but how can you be sure you’re finding the right coverage at the right cost? Follow these five essential tips and you’ll never have to worry about overpaying for auto insurance again. Review Your State’s Minimum Insurance Requirements Before…

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Fast-Growing Gradient AI Announces Continued Momentum Built on its AI Solutions that Transform Insurance Claims and Underwriting

Insurance Claims

– Revenue Grows More Than 100% in First Two Quarters – Doubles Global Staffing, Selected by over 30 New Customers Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at InsureTech Connect Vegas its Q1 and Q2 highlights and continued momentum for 2023 and beyond.  During this time, the company increased revenue by more than 100% and added over 30 new customers. “Gradient AI is in rapid-growth mode and well-positioned to continue on this path well into 2023,” said Stan Smith, founder and…

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Top 5 Misconceptions and Crucial Insurance Outsourcing Facts: 2022

Top 5 Misconceptions & Crucial Insurance Outsourcing Facts: 2022

Almost 54% of all companies use third-party support teams to connect with customers. An excellent outsourcing transition leads to long-term benefits. Globally, businesses spent $75.2 billion on outsourcing security last year. To be precise, Insurance outsourcing is an efficient way to simplify your P&C insurance operations; policy management, claims processing, and other operational support that demand a lot of time of an organization.  Insurance outsourcing allows insurance companies to adapt to the virtual environment. Now more and more companies are doing business online. As a result, the insurance Business Process…

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