Commercial/Enterprise Insurance

The adoption of Large Language Models (LLMs) in enterprises is a gradual journey, often compared to learning to drive a car. Early-stage usage is manual and transactional, but as systems mature, they become collaborative tools capable of handling complex workflows under human supervision. Understanding this evolution is crucial for organisations looking to implement AI without losing control or compliance, according to Ushur.

Inside enterprise AI’s evolution from prompts to smart teams

The adoption of Large Language Models (LLMs) in enterprises is a gradual journey, often compared to learning to drive a car. Early-stage usage is...
M47 AI COMPANY, a consultancy specialising in artificial intelligence solutions, has announced the launch of CLAIMS47, a system designed to modernise claims handling in the insurance industry.

M47 AI launches CLAIMS47 to streamline insurance claims

M47 AI COMPANY, a consultancy specialising in artificial intelligence solutions, has announced the launch of CLAIMS47, a system designed to modernise claims handling in...
Coalition, a global digital risk and insurance provider, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH.

Coalition rolls out cyber coverage in France

Coalition, a global digital risk and insurance provider, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance...
Enterprise AI company Upstage, a developer of generative AI and document intelligence solutions, has raised $45m in a Series B bridge round, bringing its total funding to $157m.

Upstage bags $45m to expand AI document solutions

Enterprise AI company Upstage, a developer of generative AI and document intelligence solutions, has raised $45m in a Series B bridge round, bringing its...
Elevate Specialty has launched its operations in the UK, aiming to reshape embedded and specialty insurance.

Elevate Specialty enters UK market with new insurance solutions

Elevate Specialty has launched its operations in the UK, aiming to reshape embedded and specialty insurance. Founded by former DAS and Allianz executives Mickey Attia...
UK insurers widely recognise the importance of digital platforms, yet many remain dissatisfied with their current systems’ ability to meet business requirements, according to new research from Covernet.

UK insurers struggle to align digital platform adoption with business needs

UK insurers widely recognise the importance of digital platforms, yet many remain dissatisfied with their current systems’ ability to meet business requirements, according to...
For insurance companies today, growth is no longer dictated solely by pricing or product innovation. Instead, success increasingly hinges on how well insurers can engage, educate, and support their intermediary partners, including brokers, MGAs, networks, and aggregators, according to Comarch.

How insurers can unlock growth through intermediary tech

For insurance companies today, growth is no longer dictated solely by pricing or product innovation. Instead, success increasingly hinges on how well insurers can...
Vortex Weather Insurance has launched RainSure, the first parametric escalator rain insurance product that pays out from just 0.01 inch of rain.

Vortex debuts RainSure with payouts from 0.01 inch

Vortex Weather Insurance has launched RainSure, the first parametric escalator rain insurance product that pays out from just 0.01 inch of rain. Unlike traditional rain...
ePayPolicy, a leading provider of payment processing solutions for the insurance industry, has received a new strategic investment, signalling confidence in its technology and growth prospects.

ePayPolicy raises funding to streamline insurance payments

ePayPolicy, a leading provider of payment processing solutions for the insurance industry, has received a new strategic investment, signalling confidence in its technology and...
Perfios.ai, India’s leading B2B SaaS TechFin, has launched CAM AI, an AI-powered credit underwriting platform designed to reduce multi-day credit assessment processes by up to 85%.

Perfios.ai launches CAM AI to slash underwriting times 85%

Perfios.ai, India’s leading B2B SaaS TechFin, has launched CAM AI, an AI-powered credit underwriting platform designed to reduce multi-day credit assessment processes by up...

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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