InsurTech

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely taking action itself. That is beginning to change. Those stealthy steps are now becoming bashful plods, as AI's impact on the decision-making process surges.

Insurance claims rewired: The rise of agentic AI

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely...

Willis and Qover launch embedded insurance partnership

Willis and Qover have formed a strategic partnership to expand the GB Affinity technology ecosystem and support the delivery of embedded insurance solutions across...
Certua Life becomes first new UK life insurer in 20 years

Certua Life becomes first new UK life insurer in 20 years

Certua Life Limited, which claims to be the first new protection-focused life insurer to be authorised in the UK in nearly two decades, has...
Gangkhar secures $4.25m to power AI-native protection platform

Gangkhar raises $4.25m seed round to scale embedded insurance

Gangkhar, an AI-native embedded protection infrastructure platform, has closed a $4.25m seed round to accelerate its global expansion and deepen its AI-driven capabilities. The round...
Neptune Flood, a U.S.-based digital flood insurance provider, has launched a flood insurance quoting app in ChatGPT, allowing property owners to receive real-time preliminary quotes through a conversational interface.

Neptune Flood brings real-time insurance quotes to ChatGPT

Neptune Flood, a U.S.-based digital flood insurance provider, has launched a flood insurance quoting app in ChatGPT, allowing property owners to receive real-time preliminary...
Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre of Enablement to support responsible AI adoption across its operations.

Markel International unveils centre to boost AI development

Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre...
Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside property and casualty insurers and managing general agents (MGAs).

Clearcover launches Dearborn Labs to deploy AI inside insurers

Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside...
The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the Strait of Hormuz and surrounding Gulf routes.

Chubb to underwrite DFC’s $20bn Gulf shipping insurance plan

The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the...
UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its embedded insurance platform.

UK InsurTech Loxa closes £2.7m seed funding round

UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its...
Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance startups.

Alan hits €5bn valuation after €100m funding round

Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance...

News Stories

Collective adds insurance to its platform for the self-employed

Collective adds insurance to its platform for the self-employed

Collective, the all-in-one financial platform designed solely for self-employed entrepreneurs, has unveiled its Insurance Center, giving members across all 50 US states a single...
AI InsurTech Corgi's valuation soars to $4bn

AI InsurTech Corgi’s valuation soars to $4bn

Corgi, the AI-driven InsurTech, has closed a fresh funding round valuing the business at $4bn, its third raise in under three months. The latest round,...
Liberty Mutual

Liberty Mutual Re names new global cyber reinsurance chief

Liberty Mutual Reinsurance Group (LM Re), the reinsurance arm of Liberty Mutual Insurance Group, has named Tom Spurgeon as its new global head of...
ZestyAI makes international debut at Lloyd's with MAP

ZestyAI makes international debut at Lloyd’s with MAP

ZestyAI, the Risk Decision Platform serving the insurance sector, has signed MAP Underwriting (Managing Agency Partners), a managing agency at Lloyd's of London, as...
MGAs

Insurance-native AI: the next edge for UK MGAs

The UK's managing general agent (MGA) sector has emerged as one of the standout performers in insurance, frequently beating the wider market across commercial,...
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