Industry News

Building the foundations for successful AI adoption in insurance

Building the foundations for successful AI adoption in insurance

In the race to adopt AI, many insurers might just assume that wherever the technology can be integrated, it will automatically provide the most...
Life insurers' AML blind spots leave door open to launderers

Life insurers’ AML blind spots leave door open to launderers

Banks have long borne the brunt of regulatory scrutiny over anti-money laundering (AML) controls, but life insurers handling large premiums are increasingly attracting the...
Ninth annual InsurTech100 spotlights InsurTech leaders

Ninth annual InsurTech100 spotlights InsurTech leaders

FinTech Global, a specialist research firm, has published its ninth annual InsurTech100, highlighting 100 innovative and influential companies using technology to shape the future...
IntellectAI tackles the AI governance gap in workers' comp

IntellectAI tackles the AI governance gap in workers’ comp

There is plenty of talk about AI in insurance, but clear examples of how to use it day-to-day are not always easy to find....
FRANK

FRANK lands €2.9m to free brokers from back-office work

Portuguese InsurTech FRANK, the developer of an AI-powered platform built for insurance brokers, has secured €2.9m in a round co-led by Armilar and Start...
Digital footprints reveal hidden cyber insurance risk

Digital footprints reveal hidden cyber insurance risk

The complexity of an organisation's digital footprint could offer cyber insurers a more detailed view of claims risk than traditional company information alone, according...
Corridor

Corridor raises $25m to fix small business health cover

Corridor, an AI-native benefits brokerage built to serve small businesses, has launched with $25m in seed funding as it looks to close the gap...
Why pricing execution is holding insurers back

Why pricing execution is holding insurers back

For years, insurers have invested in increasingly sophisticated ways to understand risk and set prices. But having better models may no longer be enough....
Soteris raises $8m to help insurers find hidden profit

Soteris raises $8m to help insurers find hidden profit

Soteris, a machine learning company backed by Y Combinator, that focuses on the property and casualty insurance market, has come out of stealth with...

insureMO to build Protec’s AI-native insurance core

insureMO, the global insurance Middle Office platform provider, has been chosen by Protec General Insurance, a newly licensed Indian general insurer, to construct an...

News Stories

How technology is transforming water risk management

How technology is transforming water risk management

Insurance has always been a reactive industry. An incident happens, and the insurers pays out on the claim. However, with advances in technology, is...
Earnix targets regulatory bottlenecks with AI tools

Earnix targets regulatory bottlenecks with AI tools

Earnix has introduced a new set of AI and automation capabilities aimed at helping insurers simplify regulatory filings, improve oversight of decision-making models and...
Quensus warns of winter water damage risks in vacant new-builds

Quensus warns of winter water damage risks in vacant new-builds

Vacant and partly occupied developments face heightened escape-of-water risks during the UK winter, when frozen pipes, faulty fittings and commissioning errors can cause extensive...
ARC launches portfolio credit insurance with $100m limits

ARC launches portfolio credit insurance with $100m limits

Applied Risk Capital (ARC), part of Amwins, has introduced a Portfolio Credit insurance programme designed to protect lenders and investors against non-payment across diversified...
Boleron is building Europe’s insurance infrastructure for the AI era  

Boleron is building Europe’s insurance infrastructure for the AI era  

As consumers increasingly turn to AI platforms to research products and make decisions, Boleron is positioning itself as the licensed infrastructure connecting European insurers...
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