FinTech News

Neutrinos, a leading provider of AI-powered automation technology for insurers, has been selected by Mutakamela Insurance Company, a subsidiary of Abu Dhabi National Insurance Company (ADNIC), to develop a new digital platform for SME Health and Motor insurance services.

Mutakamela Insurance selects Neutrinos to power digital platform

Neutrinos, a leading provider of AI-powered automation technology for insurers, has been selected by Mutakamela Insurance Company, a subsidiary of Abu Dhabi National Insurance...
InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of its platform and expand its team.

Pibit AI raises $7m to boost insurance platform

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of...
HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to building voice-driven tools specifically for the insurance sector.

HawkSoft and Liberate bring Voice AI to insurance agencies

HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to...
Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s first major expansion beyond the UK.

Staysure brings trusted travel insurance to Irish market

Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s...
openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free and open production-ready insurance data standard.

openIDL unveils first open insurance data standard

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free...
The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented systems, duplicated data entry, and email-based communication, leaving underwriters with limited time to properly assess risks. As carriers push for greater speed and accuracy, the industry is steadily turning to digital tools that reimagine how underwriting actually works, according to IntellectAI.

Inside the rise of digital underwriting workbenches

The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented...
Kalepa, a leading AI-powered insurance underwriting software firm, has appointed David Meister as chief revenue officer (CRO) to oversee its global revenue functions.

Kalepa updates leadership team with new CRO

Kalepa, a leading AI-powered insurance underwriting software firm, has appointed David Meister as chief revenue officer (CRO) to oversee its global revenue functions. As part...
In conversations with auto lenders about pricing analytics, one phrase surfaces more than any other: “Our setup works fine — we’ve always done it this way.” At face value, this often seems true. Rates are updated, spreadsheets balance, and deals continue to close. But underneath, a silent risk is accumulating, according to Earnix. 

The quiet cost of slow pricing in auto finance

In conversations with auto lenders about pricing analytics, one phrase surfaces more than any other: “Our setup works fine — we’ve always done it...
Modern Life, an AI-powered life insurance brokerage transforming how advisors serve their clients, has raised $20m in Series A funding.

Modern Life raises $20m to transform life insurance with AI

Modern Life, an AI-powered life insurance brokerage transforming how advisors serve their clients, has raised $20m in Series A funding. The company plans to use...
Equisoft, a leading global digital solutions provider, has announced an ISV Built On partnership with Databricks, the data and AI company, to deliver a new integrated analytics platform for life insurance carriers.

Equisoft partners with Databricks to boost life insurance AI

Equisoft, a leading global digital solutions provider, has announced an ISV Built On partnership with Databricks, the data and AI company, to deliver a...

News Stories

Where is generative AI creating value in insurance today?

The potential of generative AI has caused a widespread race across the insurance sector. Firms are embroiled in various pilots and tests to see...

fileAI secures backing from SMBC and Singtel Innov8

fileAI, the enterprise intelligence company behind fileForge, the leading platform for complex business process automation, has secured fresh investment from SMBC Asia Rising Fund,...
ZestyAI, Amica expand deal into filing research

ZestyAI, Amica expand deal into filing research

Amica Insurance, a US-based provider of auto, home and life cover, has widened its use of ZestyAI's risk decision platform by adopting ZORRO Discover™,...
Corgi raises $40.7m as AI insurer builds on $2.6bn valuation

Corgi lands $40.7m to expand AI insurance platform

AI insurance platform Corgi has secured $40.7m from investors in a new securities offering, according to a filing with the US Securities and Exchange...
Marsh launches Stratus, $10bn digital infrastructure cover

Marsh launches Stratus, $10bn digital infrastructure cover

Marsh, the global risk, reinsurance, capital, people and investment and management consulting group, has introduced Stratus, a property insurance exchange built to address the...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week