Ledgebrook raises $200m to scale AI underwriting for complex risks

Ledgebrook raises $200m to scale AI underwriting for complex risks

Ledgebrook, a Boston-based InsurTech specialising in complex commercial risks, has raised $200m in primary equity funding to expand its AI-native underwriting platform in the...
Polygrade's $6.3m raise targets the cost base of warranty claims

Polygrade’s $6.3m raise targets the cost base of warranty claims

Polygrade, a Toronto-based provider of AI-driven claims management software for the warranty sector, has come out of stealth with $6.3m from Construct Capital, American...
Insurance broker Konsileo lands £5m equity investment

Insurance broker Konsileo lands £5m equity investment

Konsileo, a UK chartered insurance broker built around an empowered broker model, has closed a £5m equity raise intended to drive the next stage...
Escape-of-water losses push insurers towards prevention

Quensus and Aviva target water claims with prevention

Escape of water remains one of the biggest sources of property insurance claims in the UK, prompting insurers to look beyond traditional claims response...
Rising ISO volumes threaten insurers' pricing agility

Rising ISO volumes threaten insurers’ pricing agility

ISO updates are becoming a growing operational challenge for commercial insurers. As changes to Commercial General Liability, Commercial Auto and Commercial Property programmes increase,...

News Stories

From pilot to scale insurance’s IoT challenge

From pilot to scale: insurance’s IoT challenge

Insurance firms have spent the past several years experimenting with and piloting Internet of Things (IoT) technology to see how the technology could improve...
KYND gives insurers new visibility into hidden AI risk

KYND gives insurers new visibility into hidden AI risk

As artificial intelligence becomes more deeply embedded in business operations, insurers are facing a growing challenge in understanding where the technology is being used...
Insurity targets insurance modernisation with ReSource Pro

Insurity targets insurance modernisation with ReSource Pro

Insurity, a provider of cloud software for insurance carriers, brokers and MGAs, has expanded its relationship with ReSource Pro to help insurers combine technology...
Why insurers need AI built for the insurance industry

Why insurers need AI built for the insurance industry

For insurers, having access to generative AI is increasingly becoming the norm rather than a competitive advantage. As the same general-purpose models become available...
Ledgebrook raises $200m to scale AI underwriting for complex risks

Ledgebrook raises $200m to scale AI underwriting for complex risks

Ledgebrook, a Boston-based InsurTech specialising in complex commercial risks, has raised $200m in primary equity funding to expand its AI-native underwriting platform in the...
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