Company News

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...
VIPR Solutions and WCL, a Zywave organisation, have launched an integrated digital workflow for non-bureau delegated underwriting, aiming to eliminate one of the insurance market’s most persistent operational bottlenecks.

VIPR and WCL launch integrated delegated underwriting platform

VIPR Solutions and WCL, a Zywave organisation, have launched an integrated digital workflow for non-bureau delegated underwriting, aiming to eliminate one of the insurance...

Weecover launches insurance payment orchestration module

Weecover, an InsurTech platform specialising in technology solutions for insurance management and distribution, has officially launched its Insurance Payment Orchestration Module, a product built...
FutureProof launches AI condo insurance for Southeast US

FutureProof launches AI condo insurance for Southeast US

FutureProof Technologies, a venture-backed InsurTech using artificial intelligence to overhaul property underwriting, has unveiled a new personal lines property insurance programme in partnership with...

OAK Global launches ROOT Intelligence InsurTech arm

OAK Global, a global risk partner underwriting through two Lloyd's syndicates, has unveiled ROOT Intelligence, a newly formed technology company designed to accelerate its...
Future Processing scales futureClaims™ for London market

Future Processing scales futureClaims™ for London market

Future Processing, a software development and technology consulting firm, has announced plans to scale its futureClaims™ platform, targeting specialty and complex commercial claims teams...
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Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
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