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Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto, Home, and Life Insurance Partner.

Amica and Penn State join forces in multi-year sports deal

Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto,...
Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood to simplify and accelerate insurance delivery for property owners and their agents.

Honeycomb Insurance and Neptune Flood streamline property coverage

Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood...
Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant step in its global growth ambitions.

Flood alert InsurTech Previsico lands Series A investment

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant...
Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations, increase responsiveness, and close more business.

bolt unveils AI agent to automate P&C agency workflows

Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations,...
Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen the MGA’s property and specialty lines divisions.

Kalepa and Hinterland unite to power AI underwriting

Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen...
Stand, an innovative insurance company focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round.

Stand raises $35m to grow resilience-linked insurance

Stand, an innovative insurance company focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round. The funding round was led by Eclipse,...
AdvantageGo, a leader in intelligent SaaS-based software solutions, has launched version 3.0 of its Underwriting Workbench platform.

AdvantageGo unveils AI-powered Underwriting Workbench v3.0

AdvantageGo, a leader in intelligent SaaS-based software solutions, has launched version 3.0 of its Underwriting Workbench platform. The latest release is designed to strengthen the...
Akur8, the next-generation insurance pricing and reserving solution powered by transparent machine learning, has announced the launch of Rate Repo and Deploy, two new additions to its pricing suite.

Akur8 unveils new Rate Repo and Deploy solutions

Akur8, the next-generation insurance pricing and reserving solution powered by transparent machine learning, has announced the launch of Rate Repo and Deploy, two new...
Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit their core systems haven’t been updated in over five years. Even more striking, 76% of large firms rely on six or more systems, and nearly a fifth operate with ten or more. This tangled web of legacy technology undermines data quality, security, and scalability, threatening the very potential of AI to transform business.

Inside insurance’s legacy tech problem

Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit...
Incept, a UK-based InsurTech firm specialising in real estate underwriting solutions, has launched to transform the property transaction process.

UK InsurTech Incept launches to revolutionise property transactions

Incept, a UK-based InsurTech firm specialising in real estate underwriting solutions, has launched to transform the property transaction process. The new solution was created to...
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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...
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