Consumer Platforms

Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage.

Descartes Underwriting introduces $70m parametric insurance product for solar farms

Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage.
Qantev, a leading AI claims platform, has partnered with InsureMO to enhance the efficiency of global insurance services.

Qantev and InsureMO announce partnership to revolutionise global insurance services

Qantev, a leading AI claims platform, has partnered with InsureMO to enhance the efficiency of global insurance services. The collaboration integrates Qantev’s AI-driven solutions with...
South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.

South African InsurTech Naked secures $38m to drive AI-powered growth

South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.
Celonis, a global leader in process mining and process intelligence, has unveiled a new AI Agent designed to prevent insurance claim leakage.

Celonis launches new AI Agent to prevent claim leakage

Celonis, a global leader in process mining and process intelligence, has unveiled a new AI Agent designed to prevent insurance claim leakage. This innovation was...
BOXX Insurance, a leading global cyber InsurTech, has appointed Erik Tifft as head of products, alongside Jim Miller and Gil Cujcuj as distribution leaders for the east and west regions, respectively.

BOXX Insurance expands US team with new product head and distribution leaders

BOXX Insurance, a leading global cyber InsurTech, has appointed Erik Tifft as head of products, alongside Jim Miller and Gil Cujcuj as distribution leaders...
The insurance sector is undergoing a transformative shift, driven by the surge in artificial intelligence (AI) solutions. Vendors are flooding the market, each boasting capabilities to revolutionise claims processing, enhance efficiency, and unlock business value. While this wave of innovation presents immense opportunities, it also brings a significant challenge: selecting the right AI partner from a crowded and competitive field. For decision-makers, this choice could make or break operational success.

A guide to selecting reliable AI vendors in insurance

The insurance sector is undergoing a transformative shift, driven by the surge in artificial intelligence (AI) solutions. Vendors are flooding the market, each boasting capabilities to revolutionise claims processing, enhance efficiency, and unlock business value. While this wave of innovation presents immense opportunities, it also brings a significant challenge: selecting the right AI partner from a crowded and competitive field. For decision-makers, this choice could make or break operational success.
Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round.

Qumis secures $2.2m to transform insurance workflows with AI

Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round.
WTW, a global advisory, broking and solutions company, has announced the appointment of Mark Mamone as head of technology delivery and strategy within its insurance consulting and technology (ICT) business.

WTW appoints Mark Mamone to lead technology delivery and strategy

WTW, a global advisory, broking and solutions company, has announced the appointment of Mark Mamone as head of technology delivery and strategy within its insurance consulting and technology (ICT) business.
Tokio Marine Holdings, a global leader in the insurance industry, has announced the appointment of Masahiro Koike as its new President and CEO.

Tokio Marine Holdings names Masahiro Koike as new CEO

Tokio Marine Holdings, a global leader in the insurance industry, has announced the appointment of Masahiro Koike as its new President and CEO.
Instabase, a leading applied artificial intelligence (AI) platform for unstructured data, has announced its $100m Series D funding round.

Instabase bags $100m to expand its AI-powered data platform

Instabase, a leading applied artificial intelligence (AI) platform for unstructured data, has announced its $100m Series D funding round.

News Stories

Liberty Mutual has been testing a ChatGPT integration that allows users to request personalised auto insurance quote estimates directly within the AI chat interface.

Liberty Mutual pilots insurance quoting inside ChatGPT

Liberty Mutual has been testing a ChatGPT integration that allows users to request personalised auto insurance quote estimates directly within the AI chat interface. The...
Federato has appointed insurance technology executive Yogesh Sapre as chief revenue officer as the AI-native insurance platform continues expanding following its recent funding round and international growth push.

Federato appoints insurance veteran Yogesh Sapre as CRO

Federato has appointed insurance technology executive Yogesh Sapre as chief revenue officer as the AI-native insurance platform continues expanding following its recent funding round...
BriteCore has launched an enterprise AI strategy featuring eight embedded AI copilots and a new infrastructure layer designed to connect insurer-built and third-party AI agents directly into insurance operations.

BriteCore unveils enterprise AI platform for insurers

BriteCore has launched an enterprise AI strategy featuring eight embedded AI copilots and a new infrastructure layer designed to connect insurer-built and third-party AI...
ERGO NEXT Insurance has partnered with TikTok Shop to offer embedded business insurance products to eligible sellers using the e-commerce platform.

ERGO NEXT launches embedded insurance for TikTok sellers

ERGO NEXT Insurance has partnered with TikTok Shop to offer embedded business insurance products to eligible sellers using the e-commerce platform. The digital InsurTech company...
Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across its life insurance operations.

Prudential unveils AI assistant for financial professionals

Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across...
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