North American pet insurance sector exceeds $3.5bn
The North American Pet Health Insurance Association (NAPHIA) released its 2023 State of the Industry (SOI) Report showing the North American pet health insurance sector grew by 23.5% in In-Force GWP over 2022.
Akur8 to enhance NEXT Insurance’s pricing processes
Akur8, the next generation insurance pricing solution powered by transparent machine learning, has been selected by NEXT Insurance to help scale pricing capability framework.
Sunnova Energy joins forces with Amica Insurance for energy and insurance services
Sunnova Energy International, a US Energy as a Service (EaaS) provider, has partnered with Amica Insurance to expand the reach of its clean, affordable and reliable energy services.
InsurTech Obie teams up with Marketplace to better manage risk
Obie, an InsurTech startup that offers insurance risk management for real estate investors, has partnered with Marketplace Homes to better manage risk for its properties.
CogniSure and Innoveo team up to support commercial insurers
CogniSure AI, a provider of insurance document extraction and analytics, has partnered with no-code platform provider Innoveo to drive underwriting efficiencies and pricing accuracy for commercial insurers.
Tech for Good: closing insurance protection gaps
Insurance protection gaps exist on a global scale, senior insurance executives discuss what the industry can do to improve this and enact a positive social impact.
Cloud-native insurance platform Novidea bags $50m Series C
Cloud-native insurance platform Novidea has raised $50m in a Series C funding round led by Battery Ventures.
How insurers can successfully extract data from emails using AI
Extracting accurate data from emails can be a challenging task for insurance companies, even with the help of AI. Ushur advocates for what it calls an “ontology-based” approach alongside the use of AI.
The battle of tech in insurance – the metaverse, Gen AI and quantum computing
Generative AI, the metaverse and quantum computing are three of the most exciting emerging technologies currently in the market. Rather than being left behind by competition, insurance leaders urge companies to experiment with the technology to explore how they can make the most of it.
CLARA Analytics launches AI platform for general liability claims
CLARA Analytics, a provider of artificial technology (AI) for casualty insurance claims optimisation, has launched an AI platform for general liability claims.
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