AI-driven insurance firm Roadzen secures $4m funding from Mizuho Securities
Roadzen Inc., a global leader in AI at the convergence of insurance and mobility, has secured an extension of its loan maturity date and an additional $4m in capital from Mizuho Securities.
Applied Systems launches all-new data analytics capability for US and Canadian markets
Applied Systems®, a leading provider of cloud-based software that powers the business of insurance, has announced the general release of an all-new data analytics capability.
UK insurance firms struggle to meet Consumer Duty Act expectations
New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers since the Consumer Duty Act was implemented in July 2023.
SiriusPoint and Hellenic Hull Management join forces to expand marine insurance offerings
SiriusPoint and Hellenic Hull Management (HMA), a marine hull and machinery underwriter in Greece and Cyprus, have announced a strategic partnership.
NTT Data and iPipeline partner to drive insurance innovation
NTT DATA UK&I, a leading IT services provider and consultancy for the insurance industry, has announced a new partnership with iPipeline, a renowned provider of comprehensive digital solutions for life insurance, pensions, savings, and investments in the UK.
IFoA and CISI join forces to boost ethical AI understanding for actuaries
The Institute and Faculty of Actuaries (IFoA), and the Chartered Institute for Securities & Investment (CISI) have formed a partnership aimed at supporting actuaries in enhancing their understanding of ethical issues when deploying artificial intelligence (AI).
IntelePeer bags $140m to advance AI automation in customer service
IntelePeer, a leading provider of AI-powered communications automation, has announced the successful completion of a $140m growth funding and debt financing round.
ZestyAI launches AI-powered storm risk products following state approval
ZestyAI, a leading provider of climate and property risk analytics solutions, has announced that it has received approval from the Texas Department of Insurance for its comprehensive suite of Severe Convective Storm products.
Insurtech UK launches new Advisory Panel with top industry leaders
Insurtech UK, a leading group focused on advancing the UK’s InsurTech industry, has launched a new Advisory Panel comprising senior leaders from the insurance sector to drive strategic priorities and foster industry growth.
GuideOne Insurance promotes Troy Spoonemore to chief underwriting & risk officer
GuideOne Insurance, a trusted provider of property and casualty insurance and risk management solutions, has announced the promotion of Troy Spoonemore to chief underwriting & risk officer.
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