InsurTech firm ZestyAI flags $189.5bn hail risk across 12.6m U.S. properties
ZestyAI, a California-based InsurTech company leveraging artificial intelligence to assess climate and property risk, has revealed that over 12.6m homes in the U.S. are at high risk of hail-related roof damage, representing $189.5bn in potential replacement costs.
Resilience launches Tech E&O coverage across UK and Europe
Resilience, a leading provider of cyber risk solutions, has launched a new Technology Errors and Omissions (Tech E&O) coverage across the UK and Europe, in partnership with Accredited Insurances.
CLARA and Guidewire deliver predictive AI insights to cut insurance claim costs
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, and Guidewire, a specialist in core systems for property and casualty (P&C) insurers, have successfully integrated to cut insurance claim costs.
Coalition launches new cyber insurance product for U.S. businesses
Coalition, the world’s first Active Insurance provider, has launched its new Coalition Active Cyber Policy, a redesigned surplus lines cyber insurance offering for the...
Why InsurTech is driving a M&A rise in the insurance sector
Driven by the rising tide of AI and InsurTech solutions, the insurance industry is witnessing of a seismic shift in its culture. As firms...
Cytora and Vāyuh partner to enhance climate risk insights for property insurers
Cytora, a digital risk processing platform, has partnered with Vāyuh, an AI-powered weather forecasting and climate analytics company, to revolutionise property insurance underwriting by integrating advanced climate data with risk assessment tools.
Carbon insurance specialist Kita secures £22.5m capacity boost amid rising demand
Kita, a London-based specialist in carbon insurance, has significantly increased its underwriting capacity to £22.5m, reinforcing its position as a leading player in the fast-growing carbon risk management sector.
Optalitix and SortSpoke team up to transform underwriting with AI-powered document processing
London-based InsurTech provider Optalitix has partnered with SortSpoke in a bid to enhance the underwriting efficiency for insurers.
Broker Insights updates VISION platform to reshape insurance data analytics
Broker Insights, a leading provider of insurance data analytics and market insights, has updated its award-winning insurance decision intelligence platform to deliver enhanced connectivity and deeper insights for both brokers and insurers.
Orion180 launches FLEX Home Insurance to empower Florida homeowners with customisable coverage
Orion180, a leading provider of flexible, customer-focused homeowners and flood insurance solutions, has launched its new FLEX Home Insurance product across 14 coastal counties in Florida.
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