From pilot to scale: insurance’s IoT challenge
Insurance firms have spent the past several years experimenting with and piloting Internet of Things (IoT) technology to see how the technology could improve...
KYND gives insurers new visibility into hidden AI risk
As artificial intelligence becomes more deeply embedded in business operations, insurers are facing a growing challenge in understanding where the technology is being used...
Insurity targets insurance modernisation with ReSource Pro
Insurity, a provider of cloud software for insurance carriers, brokers and MGAs, has expanded its relationship with ReSource Pro to help insurers combine technology...
Ledgebrook raises $200m to scale AI underwriting for complex risks
Ledgebrook, a Boston-based InsurTech specialising in complex commercial risks, has raised $200m in primary equity funding to expand its AI-native underwriting platform in the...
Polygrade’s $6.3m raise targets the cost base of warranty claims
Polygrade, a Toronto-based provider of AI-driven claims management software for the warranty sector, has come out of stealth with $6.3m from Construct Capital, American...
Insurance broker Konsileo lands £5m equity investment
Konsileo, a UK chartered insurance broker built around an empowered broker model, has closed a £5m equity raise intended to drive the next stage...
Quensus and Aviva target water claims with prevention
Escape of water remains one of the biggest sources of property insurance claims in the UK, prompting insurers to look beyond traditional claims response...
Rising ISO volumes threaten insurers’ pricing agility
ISO updates are becoming a growing operational challenge for commercial insurers. As changes to Commercial General Liability, Commercial Auto and Commercial Property programmes increase,...
Insurers turn to voice AI as ElevenLabs reaches $22bn
ElevenLabs, the AI voice and conversational agent developer, has reached a $22bn valuation after completing a $300m employee tender offer, as insurers increasingly deploy...
CoverForce targets barriers to digital insurance brokerage
CoverForce, the New York-based commercial insurance distribution platform, has launched a Startup Program designed to help early-stage companies enter the commercial insurance market without...
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