FinTech News

Elysian takes aim at insurers' claims audit blind spots

Elysian takes aim at insurers’ claims audit blind spots

Elysian, a New York-headquartered claims quality platform and AI-native TPA, has rolled out a pair of AI products aimed at helping carriers monitor the...
MGT enters California as insurance options shrink

MGT enters California as insurance options shrink

MGT, an AI-native neo-insurer focused on commercial property and casualty insurance for small businesses, has expanded into California as insurers reassess their presence in...
Peak3 bets insurers will buy the production line

Peak3 bets insurers will buy the production line

Insurance technology development could become significantly cheaper as Peak3 looks to apply AI across the entire software delivery process rather than individual coding tasks. The...
How AI could help insurers manage rising climate costs

How AI could help insurers manage rising climate costs

Climate change is putting insurance models under growing pressure as rising claims costs, natural catastrophe losses and more expensive repairs push premiums higher. For...
Whole-case renewals can hide margin leakage in group benefits

Whole-case renewals can hide margin leakage in group benefits

Group benefits insurers may be missing pricing opportunities when renewal decisions are made at whole-case level, particularly where different products within the same customer...
AI brings new precision to Risk Theory’s wildfire underwriting

AI brings new precision to Risk Theory’s wildfire underwriting

California’s challenging homeowners insurance market is pushing specialty providers to find more precise ways of assessing wildfire exposure. Risk Theory is using property-level AI...
CLARA unveils end-to-end agentic claims platform

CLARA unveils end-to-end agentic claims platform

CLARA Analytics, an AI-driven claims optimisation specialist, has introduced Agentic Intelligence, which it describes as the first end-to-end AI workforce designed for complex casualty...
Shelter Insurance taps One Inc to digitise payments

Shelter Insurance taps One Inc to digitise payments

One Inc, a payments network built specifically for the insurance sector, has been picked by Shelter Insurance Companies to overhaul how the carrier's customers...
Corridor

Corridor raises $25m to fix small business health cover

Corridor, an AI-native benefits brokerage built to serve small businesses, has launched with $25m in seed funding as it looks to close the gap...
Why pricing execution is holding insurers back

Why pricing execution is holding insurers back

For years, insurers have invested in increasingly sophisticated ways to understand risk and set prices. But having better models may no longer be enough....
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