InsurTech

Quantexa secures 144% net retention rate in stellar FY 2022 performance

Quantexa has secured a powerful full year fiscal 2022 performance and has emphasised its 144% net retention rate and 70% increase in committed ARR across the year.

Lumera to acquire Ai-London for European expansion

Lumera, an InsurTech dedicated to the digital transformation of the European Life and Pensions industry, has entered an agreement to acquire Ai-London.

CyberCube teams with RegTech company Kroll for new cyber incident tool

Cyber risk analytics provider CyberCube has partnered with Kroll, a risk, governance and growth solution developer, to launch a new cyber incident response service to its clients.

The value of mobile document scanning in insurance

Scanbot launched its mobile scanning technology SDK in 2017 after discovering that insurers were dissatisfied with cumbersome claim filing processes, struggling with poor document quality and were being weighed down by time-consuming and costly document reviewing processes. Now, its mobile document scanning is turning the way insurers handle documents on its head.

Cowbell Cyber unveils Cyber Risk Heatmap

Cowbell Cyber, provider of cyber insurance for small and medium-sized enterprises (SMEs), has launched its Cyber Risk Heatmap.

Australian InsurTech Open teams with Bupa for auto insurance

Australian digital insurance company Open has signed a partnership with Bupa, an international healthcare group,

ICEYE and Arturo to delivery flood insights to insurers

Arturo, a PropTech company that delivers intelligent analytics from individual property to portfolio, has partnered with expert in natural catastrophe (NatCat) ICEYE to bring insurers flood and property damage insights.

InsurTech Air Doctor scores $20m

Medical care and travel startup Air Doctor has raised $20m in a funding led by Lightspeed Ventures to enter its next phase of growth.

FRISS and Legentic to fight insurance fraud

FRISS, AI-powered fraud, risk and compliance solution developer, has partnered with Legentic to tackle insurance fraud.

Central Insurance and One Inc to digitise claim payments

Ohio-based property and casualty carrier Central Insurance has selected One Inc, a payments network for the insurance industry, to digitise claim payments.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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