InsurTech

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.
Paid leave provider Parento secures $5.9m seed funding

Paid leave provider Parento secures $5.9m seed funding

Parento, a US-based provider of parental leave insurance and support services, has raised $5.9m in a Seed II funding round to expand its offering to businesses of all sizes.
KYND, a cyber risk management FinTech, has partnered with DUAL, a leading global MGA, to enhance cyber insurance solutions worldwide.

DUAL teams up with KYND to enhance cyber insurance solutions

KYND, a cyber risk management FinTech, has partnered with DUAL, a leading global MGA, to enhance cyber insurance solutions worldwide. The partnership will integrate...
Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions in partnership with JVP, the venture capital firm that initially backed the company.

Earnix raises $290m to expand AI insurance platform

Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions...
Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States.

Digital insurer Kin bags $50m Series E

Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States. The  tranche...
Sedgwick, the global leader in risk and claims administration with more than 33,000 employees serving 10,000 clients across 80 countries, has announced the appointment of Vishy Padmanabhan as its first chief transformation officer.

Sedgwick appoints Vishy Padmanabhan as chief transformation officer

Sedgwick, the global leader in risk and claims administration with more than 33,000 employees serving 10,000 clients across 80 countries, has announced the appointment...
Quantiphi, an AI-first digital engineering company, and Amazon Web Services (AWS) have expanded their Strategic Collaboration Agreement (SCA) to accelerate enterprise-ready generative AI solutions.

AWS deepens collaboration with Quantiphi on generative AI

Quantiphi, an AI-first digital engineering company, and Amazon Web Services (AWS) have expanded their Strategic Collaboration Agreement (SCA) to accelerate enterprise-ready generative AI solutions. The...
Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round.

Elysian secures $6m to transform commercial claims with AI

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round. The round was led by Portage, with additional participation...
Clearspeed, a global leader in voice-based risk assessment technology, has partnered with Pinnacol Assurance, Colorado’s top workers’ compensation insurer.

Pinnacol teams with Clearspeed to streamline claims engagement

Clearspeed, a global leader in voice-based risk assessment technology, has partnered with Pinnacol Assurance, Colorado’s top workers’ compensation insurer. The collaboration aims to improve Pinnacol’s...
Tangram Insurance Services, a national MGA, and INSTANDA, a no-code InsurTech platform, have partnered to launch a general liability product for the security guard industry.

Tangram and INSTANDA launch new liability product for security sector

Tangram Insurance Services, a national MGA, and INSTANDA, a no-code InsurTech platform, have partnered to launch a general liability product for the security guard...

News Stories

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
Orange brings three insurance products to market simultaneously

Orange brings three insurance products to market simultaneously

Orange Insurance Exchange has gone live with three property insurance products simultaneously across Florida, moving onto Solstice Innovations' AI-native Equinox policy administration platform. The Florida...
Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, the Suncorp-owned insurer, has partnered with Uber, the ride-hailing platform, and Cover Genius, an embedded insurance provider, to introduce what is being described...

NEOS and Marloo partner on AI-driven insurance pricing

NEOS, an Australian life insurance platform, and Marloo, an adviser productivity platform, have entered into a partnership that will embed NEOS pricing directly into...
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