FinTech News

Liberty Mutual Insurance has launched a conversational AI tool allowing customers to obtain car insurance quotes through ChatGPT, marking what it says is a first-of-its-kind initiative by a major carrier.

Liberty Mutual brings insurance pricing into ChatGPT app

Liberty Mutual Insurance has launched a conversational AI tool allowing customers to obtain car insurance quotes through ChatGPT, marking what it says is a...
US InsurTech Fenris has launched a series of new vehicle and property intelligence capabilities aimed at helping insurers make faster decisions across quoting, underwriting and distribution processes.

Fenris adds vehicle and property data features for insurers

US InsurTech Fenris has launched a series of new vehicle and property intelligence capabilities aimed at helping insurers make faster decisions across quoting, underwriting...
Transparency and governance in insurance pricing are becoming defining factors in how insurers design, deploy and defend pricing models. As pricing systems become more sophisticated and increasingly powered by advanced analytics and AI, the ability to clearly explain how decisions are made is no longer optional. It is central to operational credibility, regulatory confidence and internal trust, according to AKUR8.

How transparency is reshaping insurance pricing strategy

Transparency and governance in insurance pricing are becoming defining factors in how insurers design, deploy and defend pricing models. As pricing systems become more...
US broker Interactive Brokers has integrated its trading infrastructure directly into Claude through a certified connector, enabling users to manage portfolios and execute trading-related actions using natural language across more than 170 global markets.

Interactive Brokers integrates Claude to deliver conversational trading workflows

US broker Interactive Brokers has integrated its trading infrastructure directly into Claude through a certified connector, enabling users to manage portfolios and execute trading-related...
InsurTech firm Insurwave has agreed to sell off its AI submission ingestion capability to AI processing company Portage AI, as part of a strategic transaction.

Portage AI acquires Insurwave’s submission AI

InsurTech firm Insurwave has agreed to sell off its AI submission ingestion capability to AI processing company Portage AI, as part of a strategic transaction. The...
Global insurer Aviva has expanded its ChatGPT app to include life insurance, allowing customers to obtain an initial quote through the conversational AI platform before completing their application online.

Aviva brings life insurance applications to ChatGPT

Global insurer Aviva has expanded its ChatGPT app to include life insurance, allowing customers to obtain an initial quote through the conversational AI platform...
The debate between Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs) has been a long-running fixture in actuarial pricing discussions. While it is often framed as a competition between “old” and “new” modelling approaches, practitioners increasingly recognise that the real issue is not superiority, but suitability.

Comparing the benefits of GLM and GBM for insurance pricing

The debate between Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs) has been a long-running fixture in actuarial pricing discussions. While it is...
The modern pharmacy has undergone a significant transformation in recent years, evolving from a simple dispensary into one of the most accessible frontline healthcare providers. Today, pharmacies in the United States deliver flu vaccinations, blood pressure checks, medication therapy management, and a growing range of preventative health services, placing them at the heart of community healthcare delivery.

Pharmacies must evolve into continuous digital health platforms

The modern pharmacy has undergone a significant transformation in recent years, evolving from a simple dispensary into one of the most accessible frontline healthcare...
Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic automation platform across global insurance markets.

Pace raises $46m Series B to scale AI insurance operations

Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic...
Newrez, a US homeownership company, has expanded its partnership with digital insurance marketplace Matic to embed real-time homeowners insurance comparison and quoting directly into its HomeHub customer portal.

Matic and Newrez launch real-time insurance marketplace in HomeHub

Newrez, a US homeownership company, has expanded its partnership with digital insurance marketplace Matic to embed real-time homeowners insurance comparison and quoting directly into...
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News Stories

Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and operate. In reality, as outlined in Akur8’s approach to pricing transformation, it tends to look far less dramatic and far more incremental.

The force quietly reshaping insurance pricing models

Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and...
Insurance leaders have spent the past decade investing heavily in modernising pricing engines, underwriting models and digital distribution channels. Yet despite this sustained transformation effort, customer experience (CX) continues to fall short of rising expectations, according to Earnix.

Why insurers struggle to turn AI investment into better CX

Insurance leaders have spent the past decade investing heavily in modernising pricing engines, underwriting models and digital distribution channels. Yet despite this sustained transformation...
Specialist insurance advisory firm Pro Global has launched a new European broker platform aimed at helping UK-based brokers expand into continental markets as firms look to navigate complex regulatory requirements.

Pro Global sets up EU brokerage arm for UK insurers

Specialist insurance advisory firm Pro Global has launched a new European broker platform aimed at helping UK-based brokers expand into continental markets as firms...
Liberty Mutual Insurance has launched a conversational AI tool allowing customers to obtain car insurance quotes through ChatGPT, marking what it says is a first-of-its-kind initiative by a major carrier.

Liberty Mutual brings insurance pricing into ChatGPT app

Liberty Mutual Insurance has launched a conversational AI tool allowing customers to obtain car insurance quotes through ChatGPT, marking what it says is a...
US InsurTech Fenris has launched a series of new vehicle and property intelligence capabilities aimed at helping insurers make faster decisions across quoting, underwriting and distribution processes.

Fenris adds vehicle and property data features for insurers

US InsurTech Fenris has launched a series of new vehicle and property intelligence capabilities aimed at helping insurers make faster decisions across quoting, underwriting...
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