CoverGo, the leading global no-code insurance SaaS platform, today announced the launch of CoverGo Distribution, a game-changing, AI-powered insurance platform for omni-channel distribution.

CoverGo Distribution is designed with flexible architecture and advanced technology to enable insurers, MGAs, brokers, and others to distribute life, health, and P&C products across multiple channels – direct, agent, broker, bancassurance, embedded insurance, and affinity partnerships.

Anterior, the AI company built by clinicians to transform healthcare administration, today announced the completion of a $20 million Series A funding round. The funding round was led by New Enterprise Associates (NEA), with participation from Sequoia Capital, Blue Lion Global, and Neo. Previously named Co:Helm, the company recently rebranded to Anterior.

Group Medical Services (GMS), a leading health insurance company in Canada, and CoverGo, a leading global no-code insurance SaaS platform for health, life, and P&C, are joining forces to digitize GMS’s entire health insurance ecosystem.

Dajon, is predicting a sharp decrease in profitability as businesses fail to manage sustained workplace productivity.

Using data which compiles the cost of document storage across core business sectors and the propensity for strategic management, Dajon is today highlighting the potential costs that will be incurred if corporates fail to become fully digital.

InsurTech for the international private medical insurance (IPMI) market, Health Compass, has announced the launch of new technology that will allow brokers’ clients to quickly quote and fulfil individual IPMI business in the majority of regions around the globe.

The MENA Insurtech Summit 2024, the premier event for insurance and insurtech stakeholders in the Middle East and North Africa region, concluded on a high note, yesterday, on 13 May in Doha, Qatar. Powered by Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, and partners, the three-day summit, which was held under the theme ‘AI Impact on the Insurance Value Chain’, brought together 1,500 participants including 120 speakers, 40 insurance companies, 40 investors, 50 insurtechs, and an assembly of experts, entrepreneurs, regulators and technology partners from across the region and beyond to explore the latest trends and opportunities in the region’s fast-growing insurtech ecosystem.

Swiss Re launches an augmented version of its Life & Health underwriting manual Life Guide. The new version comes equipped with Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant, developed by Swiss Re, that integrates Microsoft Azure OpenAI Service. Swiss Re Life Guide Scout aims to help increase the efficiency and quality of underwriting by generating swift answers compiled from curated expert knowledge in response to questions asked by the underwriter in natural language.

Studies from Swiss Re and leading life carriers reveal that Electronic Health Records (EHRs) can have a transformative impact on the traditional life & health underwriting process, resulting in quicker, non-invasive decisions for customers, more personalized risk assessment by underwriters, and maintained mortality expectations.

Galytix, the GenAI platform for the financial sector, and Foyer Global Health, the international health insurer for expatriates and companies, today announced a collaboration to implement HealthX, the digital health platform for insurers.

Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, has entered an agreement with Nordic life insurance and pension provider Nordea Liv to deliver a new solution for managing the company’s life and pension insurance portfolio in the Norwegian market.