TechTaffy

tech:

taffy

Farmers Insurance selects Guidewire ClaimCenter

By TechTaffy Desk

Farmers Insurance has selected Guidewire ClaimCenter as its enterprise claims management system.

Guidewire ClaimCenter will replace multiple claims management systems within Farmers, according to a statement from the companies. The selection of ClaimCenter builds on the organization’s previous investment in Guidewire PolicyCenter and Rating Management for its personal lines business.

[Image courtesy: Farmers Insurance]

Just in

AI

Mizuho, IBM develop AI system for banking error detection

Mizuho and IBM have collaborated to develop a proof of concept (PoC) system that utilizes watsonx, IBM's enterprise generative AI and data platform, to enhance the efficiency and accuracy of Mizuho's event detection operations.
Fundings

Lumos raises $35M

San Francisco, CA-based access management platform provider Lumos has raised $35 million in Series B financing.
Fundings

Aerodome raises $21.5M

Aerodome, a Los Angeles, CA-based company specializing in Drone-As-First-Responder (DFR) technology, has secured $21.5 million in a Series A funding round.
Industry

Samsung names Young Hyun Jun new semiconductor chief

Samsung Electronics has named Young Hyun Jun the new head of its Device Solutions (DS) division. In his new role, Mr. Jun will be leading the company's semiconductor business.
Around the web

Uncle Sam to inject $50M into auto-patcher for hospital IT — The Register

The US government's Advanced Research Projects Agency for Health (ARPA-H) has pledged more than $50 million to fund the development of technology that aims to automate the process of securing hospital IT environments, writes Jessica Lyons in The Register.