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Zoom Auto Protect launches warranty claims system powered by AI

On Wednesday, Zoom Auto Protect announced the official rollout of its artificial intelligence-powered claims and concierge platform. The extended auto warranty provider highlighted its new system can deliver instant coverage decisions, nationwide repair shop integration, and improved customer satisfaction. “This … [Read More]

JP Morgan lowers P&C earnings estimates

Analysts at JP Morgan have lowered their underlying earnings estimates by 2% to 2.5% to reflect more subdued revenue growth in the first quarter of 2022 than was previously estimated, as well as to account for a potential higher level of large losses.

Marco Re secures A- rating from AM Best

Rating agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Marco Re Limited (Guernsey), simultaneously assigning a stable outlook to these ratings.

UK fintech market investment declines by 37%

Despite a brutal slowdown, the UK market for fintech investment has retained second place globally behind the US, according to the annual marekt barometer from Innovate Finance.