Stoïk secures $27m in Series B to bolster cyber insurance for European SMEs
Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m).
Ex-Zurich CCO Ian Thompson joins Sprout.ai’s growth advisory board
Sprout.ai, an intelligent claims automation platform for the insurance industry, has appointed Ian Thompson, former Group Chief Claims Officer at Zurich, as the first member of its newly created growth advisory board.
Michigan Planners enhances health plans with Gradient AI’s SAIL underwriting platform
Gradient AI, a prominent enterprise software provider, has partnered with Michigan Planners, a full-service insurance agency, to provide more accurate risk assessments and better-customised health plans.
hyperexponential introduces innovative reinsurance pricing model
hyperexponential, a global pricing platform provider for re/insurers, has introduced its first templated reinsurance pricing model, designed for treaty reinsurance, including Excess of Loss (XoL) agreements.
Volt Underwriting launches with $25m capacity for energy sector risks
Volt Underwriting has officially launched as an approved coverholder, backed by Dale Underwriting Partners’ Lloyd’s Syndicate 1729, with support from MGA Accelerator DA Strategy.
COVU raises $12.5m to advance AI-driven insurance platform
COVU, a company specialising in AI-native services for insurance agencies, has successfully raised $12.5m in equity and debt financing as part of its first Series A funding round.
Zurich Australia bolsters its coverage with new TPD option
Zurich Financial Services Australia, a leading provider of insurance solutions, has launched a new Total and Permanent Disability (TPD) product aimed at offering enhanced coverage for individuals requiring long-term care.
EIS integrates AbsenceSoft to enhance claims management for group benefits insurers
EIS, a leading SaaS core platform provider for the US Group Benefits Market, has integrated AbsenceSoft, a market-leading absence management solution, into its cloud-native ecosystem.
How Peak3 has scaled the InsurTech landscape
The insurance industry has undergone a significant transformation over the past few years, largely driven by the hastening adoption of technology and vastly evolving...
Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments
Intelligent AI, an InsurTech leader, has formed a strategic partnership with the Building Cost Information Service (BCIS), which boasts over six decades of expertise in compiling and analysing construction costs.
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