FinTech News

Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.

Verisk launches Generative AI tool to support faster insurance claims processing

Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.
MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 

Hong Kong InsurTech MediConCen secures $6.85m in latest funding round

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 
Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.

Ignite Specialty Risk launches innovative Capital Protection Insurance offering in US market

Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.
Boost Insurance, a prominent insurance infrastructure platform has recently made headlines by securing over $130 million in new reinsurance capacity.

Boost adds over $130m of new reinsurance capacity to accelerate its MGA platform growth

Boost Insurance, a prominent insurance infrastructure platform has recently made headlines by securing over $130 million in new reinsurance capacity.
Corvus Insurance, a leading cyber underwriter driven by a proprietary AI-driven cyber risk platform, has introduced a newly expanded Tech E+O product which aims to meet the evolving needs of the market.

Corvus expands Tech E+O offering to meet market demands

Corvus Insurance, a leading cyber underwriter driven by a proprietary AI-driven cyber risk platform, has introduced a newly expanded Tech E+O product which aims to meet the evolving needs of the market.
Marsh, a prominent player in the insurance industry, has appointed Lorraine Stack as the new Risk Management Leader for Europe, effective immediately.

Marsh announces wave of new leadership appointments

Marsh, a prominent player in the insurance industry, has appointed Lorraine Stack as the new Risk Management Leader for Europe, effective immediately.
Shepherd has recently concluded a $13.5m Series A funding round and concurrently launched an innovative AI-powered offering known as Shepherd Compliance.

Shepherd bags $13.5m and unveils new AI-powered offering

Shepherd has recently concluded a $13.5m Series A funding round and concurrently launched an innovative AI-powered offering known as Shepherd Compliance.
Spotr, a Dutch AI-powered property data platform, has recently garnered €4.5m in funding to bolster its mission of constructing the world's most reliable and expansive image-driven property database.

Spotr secures 4.5m to build world’s largest image-driven property database

Spotr, a Dutch AI-powered property data platform, has recently garnered €4.5m in funding to bolster its mission of constructing the world's most reliable and expansive image-driven property database.
Xceedance, a global leader in insurance sector support, technology, and data services, has unveiled its latest innovation, the MGA Agility Suite.

Xceedance launches MGA Agility Suite

Xceedance, a global leader in insurance sector support, technology, and data services, has unveiled its latest innovation, the MGA Agility Suite.
Kooperativa partners with Resistant AI to revolutionise fraud detection in insurance claims

Kooperativa partners with Resistant AI to revolutionise fraud detection in insurance claims

Kooperativa, a leading insurer part of the Vienna Insurance Group, has embraced Resistant AI's Document Forensics technology to combat fraudulent insurance claims.

News Stories

Acrisure's Auris AI targets insurance's data silos

Acrisure’s Auris AI targets insurance’s data silos

Acrisure, the global FinTech group spanning insurance, reinsurance, payroll, benefits, cybersecurity and real estate services across 19 countries, has launched Auris AI, an applied...
Agero, MOTER team up on connected claims

Agero, MOTER team up on connected claims

Agero, a digital driver assistance provider operating through its recently acquired Urgently platform, and MOTER Technologies (MOTER), an InsurTech firm that converts connected vehicle...

AXA expands AI agent hub with Publicis Sapient

AXA, the global insurance and asset management group, has entered into a strategic partnership with Publicis Sapient, a technology company specialising in enterprise AI...

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
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