Infrastructure/Back-end

Polygrade's $6.3m raise targets the cost base of warranty claims

Polygrade’s $6.3m raise targets the cost base of warranty claims

Polygrade, a Toronto-based provider of AI-driven claims management software for the warranty sector, has come out of stealth with $6.3m from Construct Capital, American...
Insurance broker Konsileo lands £5m equity investment

Insurance broker Konsileo lands £5m equity investment

Konsileo, a UK chartered insurance broker built around an empowered broker model, has closed a £5m equity raise intended to drive the next stage...
Escape-of-water losses push insurers towards prevention

Quensus and Aviva target water claims with prevention

Escape of water remains one of the biggest sources of property insurance claims in the UK, prompting insurers to look beyond traditional claims response...
Rising ISO volumes threaten insurers' pricing agility

Rising ISO volumes threaten insurers’ pricing agility

ISO updates are becoming a growing operational challenge for commercial insurers. As changes to Commercial General Liability, Commercial Auto and Commercial Property programmes increase,...
Insurers turn to voice AI as ElevenLabs reaches $22bn

Insurers turn to voice AI as ElevenLabs reaches $22bn

ElevenLabs, the AI voice and conversational agent developer, has reached a $22bn valuation after completing a $300m employee tender offer, as insurers increasingly deploy...
CoverForce targets barriers to digital insurance brokerage

CoverForce targets barriers to digital insurance brokerage

CoverForce, the New York-based commercial insurance distribution platform, has launched a Startup Program designed to help early-stage companies enter the commercial insurance market without...
Nettle bags $4.8m seed to scale AI for Loss Control

Nettle bags $4.8m seed to scale AI for Loss Control

Nettle, an InsurTech offering an AI-powered workspace for loss control, has closed an oversubscribed $4.8m seed round to take its platform to insurers worldwide. MTech...
Savvy opens insurance shopping platform to AI agents

Savvy opens insurance shopping platform to AI agents

Engine by Gen, the embedded finance marketplace from Gen Digital, has introduced a new insurance shopping platform that allows AI agents to compare cover...
Liberate launches AI tool to intercept insurance calls from bots

Liberate launches AI tool to intercept insurance calls from bots

Liberate, an InsurTech specialising in AI agents for property and casualty insurers, is preparing carriers for a new type of customer interaction with the...
Corgi targets growing AI infrastructure risks with data centre insurance

Corgi targets growing AI infrastructure risks with data centre insurance

Corgi Insurance, an AI-native InsurTech carrier focused on high-growth businesses, has launched a dedicated insurance programme covering data centres across their full lifecycle, from...

News Stories

Bdeo launches Vonage to improve AI claims assessment

Bdeo launches Vonage to improve AI claims assessment

Spanish InsurTech Bdeo has launched Vonage’s Quality on Demand (QoD) Network API in full commercial production, bringing network-prioritisation technology into insurance claims and underwriting...
CoverGo lands $6m as AI-native InsurTech hits breakeven

CoverGo lands $6m as AI-native InsurTech hits breakeven

CoverGo, an AI-native platform serving the insurance industry, has secured $6m from the first close of its Series B1 round as it aims to...
Verisk expands AI tools for insurance underwriting

Verisk expands AI tools for insurance underwriting

Verisk is broadening the availability of its insurance data through integrations with Amazon Quick and Microsoft Copilot, while adding new resources to its existing...
Avante raises $30m to expand AI benefits technology

Avante raises $30m to expand AI benefits technology

Employee benefits technology provider Avante has raised $30m in a Series A round to scale its artificial intelligence (AI) platform across international markets and...
How Vellum is tackling insurance’s AI-ready data problem

How Vellum is tackling insurance’s AI-ready data problem

The seed of Vellum traces back to challenges Julianna Muir, the company’s founder and CEO, identified consistently throughout her career. She began as a reinsurance...
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