FinTech News

ZestyAI, a risk and decision intelligence platform for insurers, has launched Z-SPARK, an AI-powered model designed to predict non-weather fire risk at the individual property level.

ZestyAI unveils Z-SPARK fire risk model for insurers

ZestyAI, a risk and decision intelligence platform for insurers, has launched Z-SPARK, an AI-powered model designed to predict non-weather fire risk at the individual...
Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes.

Aviva launches ChatGPT app for home insurance quotes

Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes. The...
Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division.

Chubb appoints new commercial property and casualty heads

Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division. McGregor has...
Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support insurers placing US risks through the market.

Alacrity launches Lloyd’s base to handle US claims

Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support...
Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder.

Chaucer backs Ceto marine MGA with TMK capacity

Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder. Under...
Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m.

Shepherd raises $42m to scale AI underwriting platform

Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m. The...
Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.

The next phase of InsurTech: From disruption to durability

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago,...
Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no longer adopting the technology. It is maintaining control over the pace and scope of the changes AI introduces.

AI and the future of consumer lending: what lenders need to know

Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no...
WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities.

Thimble selects WTW Radar Live to scale pricing

WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its...
MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire.

MyChoice enters Guidewire’s Insurtech Vanguards community

MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire. The initiative connects insurers with...

News Stories

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...
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