Gradient AI unveils enhanced underwriting solution to boost insurance risk segmentation
Gradient AI, a leading enterprise software provider delivering artificial intelligence (AI) solutions for the insurance sector, has launched an upgraded version of its Workers’ Compensation Underwriting Risk Score Solution.
AI-driven InsurTech 1Fort raises $7.5m to transform broker workflows
AI-powered InsurTech platform 1Fort, which focuses on streamlining commercial insurance processes for brokers and agents, has announced a $7.5m oversubscribed funding round.
Willis unveils AdWrap to cut costs and boost transparency in production insurance
Willis, a WTW business, has launched AdWrap, a master-controlled insurance programme tailored to the production insurance needs of businesses and their contracted vendors involved in creating marketing, advertising, and promotional content in the U.S.
Risk digitisation tops technology priorities for insurers
Risk digitisation has emerged as the top strategic technology priority for commercial insurers in North America and the UK, according to a new survey conducted by digital risk processing platform Cytora.
Peak3 unveils innovative accumulator insurance for personalised coverage
Peak3, a global leader in InsurTech, is redefining the insurance landscape through the launch of its accumulator insurance propositions for personalised coverage.
Simply Business and London Underwriters partner to enhance digital insurance distribution for small businesses
Simply Business, a leading digital insurance marketplace catering to small businesses, has announced a new partnership with London Underwriters, a national wholesale insurance brokerage specialising in InsurTech distribution.
Munich Re acquires NEXT Insurance for $2.6bn to expand InsurTech footprint
Munich Re, a global reinsurance leader, has signed a definitive agreement to acquire NEXT Insurance, a digital-first small business insurer, in a deal worth $2.6bn.
Edenred launches virtual card solution to accelerate insurance claims payouts
Edenred Payment Solutions, a UK-based e-money institution, has launched a new Virtual Card Number product designed to help insurance companies speed up claims payments.
ZestyAI secures regulatory approval for Severe Convective Storm Suite across five new states
ZestyAI, a leader in property and climate risk analytics, has announced regulatory approval of its Severe Convective Storm (SCS) Suite in Oklahoma, North Carolina, Louisiana, Wisconsin, and Arkansas.
C Spire and bolt team up to offer all-in-one tech protection for customers
bolttech and C Spire have partnered to launch C Spire Tech Protection, providing customers with a seamless, all-in-one protection solution for their connected devices, to address growing digital security risks.
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