FinTech News

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

AI InsurTech Honeycomb secures $40m to fuel expansion

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full automation.

INSTANDA unveils Clear underwriting platform

INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full...
Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation towards large-scale operational deployment.

Decerto bolsters AI claims automation for insurers

Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation...
Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform.

Cytora partners Geoskop on climate data

Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform. The partnership will...
Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers, agency networks and other distribution partners.

InsurTech Producerflow unveils Partner Portal for carriers

Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers,...
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...

News Stories

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
Federato

Federato launches Claims to close loss ratio gaps

Federato, the AI-native platform for the full insurance policy lifecycle, has launched Federato Claims, an end-to-end claims management system built on the same technology...
LendingTree bets on product breadth to drive growth

LendingTree bets on product breadth to drive growth

LendingTree, the US online financial services marketplace, is expanding its insurance offering alongside wider financial services growth, launching six new product categories through strategic...
How insurers can turn wellness data into better engagement

How insurers can turn wellness data into better engagement

Health insurers are increasingly investing in wellness programmes to improve member engagement and preventive care, but many continue to struggle with delivering personalised experiences,...
Insurers move beyond AI pilots as governance takes control

Insurers move beyond AI pilots as governance takes control

The insurance sector is moving from AI experimentation towards more structured adoption, with governance, accountability and decision intelligence emerging as key priorities at MGAA...
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