Infrastructure/Back-end

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

Nearly one year ago, hyperexponential launched a certification programme, beginning with the "Core Model Developer Exam." The initiative has been warmly received, with certificates and badges being awarded quarterly. The enthusiasm for this achievement is visible, with many sharing their hx Renew certificates on LinkedIn, celebrating their success.

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.

In an era where innovation is reigning supreme, the insurance industry has found itself on the precipice of transformative change. Long accustomed to traditional models of risk assessment and policy pricing, insurers are now embracing the disruptive potential of Internet of Things (IoT) and telematics technologies. These cutting-edge tools offer unprecedented insights into policyholders' behaviour and assets, revolutionising the way insurers evaluate risk and tailor coverage.

Aurionpro Solutions Limited has announced the acquisition Arya.ai in a bid to enhance its portfolio of enterprise FinTech offerings with cutting-edge AI technologies.

Cyber InsurTech Coalition has announced groundbreaking integrations with prominent cloud services providers, Microsoft 365, Google Workspace®, and Amazon Web Services.

Nationwide, a leading insurance provider, and EnforcerOne, a specialist in firefighting solutions, have partnered to strengthen fire defence strategies for Nationwide’s agriculture clientele.

Previsico, the innovative live flood forecasting InsurTech, has recently expanded its leadership team by appointing Aleksander Surowiak as the new Head of Sales.

In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.

Novidea has recently announced a significant development in its growth trajectory, securing an additional $30m in funding from HarbourVest Partners.