Roots Automation bags $22.2m in Series B to drive AI innovation in insurance
Roots Automation, a leading provider of AI-powered solutions for the insurance industry, has announced the successful close of a $22.2m Series B funding round.
IS2 launches new API-enabled hosted pricing solution for commercial insurers and MGAs
IS2, a leading provider of digital distribution platform (DDP) solutions, has launched its latest API-enabled hosted pricing solution, aimed at transforming distribution for commercial insurers and Managing General Agents (MGAs).
Swiss Re to deploy mea’s GenAI solution across its insurance and reinsurance operations
Swiss Re, a leading global re/insurance provider, has announced that it will deploy mea Platform's GenAI solution across its insurance and reinsurance operations.
Optalitix and Go.Compare collaborate to streamline insurance pricing with Quantee’s technology
Go.Compare has announced that it will integrate Optalitix’s distinctive motor and home insurance pricing solution, supported by Quantee, into its platform for insurers.
Cowbell extends cyber insurance offerings to middle-market firms with revenues up to $1bn
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has expanded its capacity to underwrite companies with annual revenues of up to $1bn.
Seguros Lagun Aro selects Akur8 to streamline its insurance pricing process
Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer Seguros Lagun Aro to streamline its insurance pricing process.
The strategic advantage of unified loss control and policy admin systems
In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.
Indian InsurTech Onsurity raises $21m to fuel expansion plans
Onsurity, an Indian InsurTech startup that provides healthcare benefits to small and medium enterprises (SMEs), has raised an additional $21m in funding.
Cytora partners with Mitiga Solutions to boost climate risk analysis for insurers
Cytora, a digital risk processing platform, has entered into a partnership with Mitiga Solutions, a provider of climate risk intelligence, to help insurers better assess and manage climate-related risks.
Sun Life US launches seamless claims integration for multiple health benefits
Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.