Simply Business launches AI-powered insurance advisor

Simply Business, a US-based small business insurance broker, has announced the launch of a groundbreaking AI-powered insurance advisor.

Simply Business launches AI-powered insurance advisor

October 22, 2025

Simply Business, a US-based small business insurance broker, has announced the launch of a groundbreaking AI-powered insurance advisor. The new AI tool has been developed...

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant step in its global growth ambitions.

Flood alert InsurTech Previsico lands Series A investment

October 22, 2025

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant...

When Nicole Mwesigwa lost her husband, she encountered firsthand just how challenging life insurance could be. The process felt unnecessarily cumbersome and frustrating, particularly given the emotional stakes at play.

How iCover is easing life insurance challenges

October 21, 2025

When Nicole Mwesigwa lost her husband, she encountered firsthand just how challenging life insurance could be. The process felt unnecessarily cumbersome and frustrating, particularly...

Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations, increase responsiveness, and close more business.

bolt unveils AI agent to automate P&C agency workflows

October 21, 2025

Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations,...

No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m investment round to accelerate its next phase of growth.

InsurTech INSTANDA secures $20m to drive AI expansion

October 21, 2025

No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m...

Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen the MGA’s property and specialty lines divisions.

Kalepa and Hinterland unite to power AI underwriting

October 21, 2025

Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen...

Carpe Data, a leading provider of next-generation data solutions, and Harbor.ai, an underwriting platform that applies AI to complex insurance workflows, have announced a strategic partnership designed to help excess and surplus (E&S) insurers act decisively on hard-to-place risks.

Carpe Data and Harbor.ai boost E&S underwriting speed

October 21, 2025

Carpe Data, a leading provider of next-generation data solutions, and Harbor.ai, an underwriting platform that applies AI to complex insurance workflows, have announced a...

European InsurTech investments plummeted by 64% YoY amid market uncertainties in Q3

October 21, 2025

Key European InsurTech investment stats in Q3 2025: European InsurTech investments plummeted by 64% YoY in Q3 Average deal value halved to $13.9m as...

AI neo-insurer MGT secures $21.6m Series B funding

October 20, 2025

AI-driven commercial insurer MGT, a vertically AI-native neo-insurer focused on modernising property and casualty (P&C) coverage for small businesses, has closed an oversubscribed $21.6m...

Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of the biggest challenges is handling hierarchical categorical data—common in insurance tables, such as Location. Using the wrong level of detail can lead to overfitting, multicollinearity, slow training, and unstable coefficients.

Optimising predictive modelling in insurance and banking

October 20, 2025

Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of...