COVU raises $12.5m to advance AI-driven insurance platform
COVU, a company specialising in AI-native services for insurance agencies, has successfully raised $12.5m in equity and debt financing as part of its first Series A funding round.
Zurich Australia bolsters its coverage with new TPD option
Zurich Financial Services Australia, a leading provider of insurance solutions, has launched a new Total and Permanent Disability (TPD) product aimed at offering enhanced coverage for individuals requiring long-term care.
EIS integrates AbsenceSoft to enhance claims management for group benefits insurers
EIS, a leading SaaS core platform provider for the US Group Benefits Market, has integrated AbsenceSoft, a market-leading absence management solution, into its cloud-native ecosystem.
How Peak3 has scaled the InsurTech landscape
The insurance industry has undergone a significant transformation over the past few years, largely driven by the hastening adoption of technology and vastly evolving...
Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments
Intelligent AI, an InsurTech leader, has formed a strategic partnership with the Building Cost Information Service (BCIS), which boasts over six decades of expertise in compiling and analysing construction costs.
Duck Creek Technologies expands capabilities with acquisition of Risk Control Technologies
Duck Creek Technologies, an intelligent solutions provider reshaping the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies (RCT), in a bid to revolutionise how insurance carriers manage risk and prevent loss.
Akur8 selected by RSM to bolster its insurance pricing process
Akur8, the next-generation insurance pricing and reserving platform, has been selected by RSM to enhance its insurance pricing process.
Amwins and Floodbase partner to launch parametric flood insurance for California municipalities
Amwins has partnered with Floodbase to create a new municipal flood insurance program aimed at addressing the growing financial risk posed by atmospheric river flooding to municipalities in California.
Kroll and Cytora collaborate to streamline asset valuation in commercial insurance underwriting
Cytora, a leading digital risk processing platform, has announced a partnership with Kroll, an independent global firm specialising in risk and financial advisory solutions.
InsurTech startup Stream Claims secures $5.3m seed funding led by Spark Capital
Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.
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