InsurTech

GeoX teams up with Sompo to deploy AI-based underwriting

GeoX, which supplies geospatial data to insurers, has partnered with P&C insurer Sompo Holdings to develop AI-based automated underwriting platforms.

How Cloud Insurance helps insurers in “our chaotic and exciting world”

Cloud Insurance started life after a string of coincidences. Axel Sjøstedt was studying at university and to help pay the student financing he did some tech consulting on the side.

Motorq lands $40m as it eyes insurance market

Motorq, a connected car API company, has secured $40m in Series B funding in a round led by Insight Partners.

Five Sigma and Medlogix on mission to simplify claims journey

Five Sigma, a cloud-native claims management solution provider, has launched a native integration with Medlogix to deliver more efficient and accurate medical claims processing for its US customers.

bolttech acquires AVA Insurance in Singapore

InsurTech bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based insurance intermediary and specialist broker.

Indian InsurTech HealthySure scores $1.2m

India-based InsurTech company HealthySure has reportedly raised $1.2m in its pre-Series A funding round.

AIA launches InsurTech Amplify Health in Asia

AIA Group Limited has established a pan-Asian Health InsurTech business, Amplify Health, to transform how individuals, corporates, and providers manage health insurance.

Boost and Breach unveil crypto wallet insurance product

Boost Insurance and its InsurTech partner Breach Insurance have launched Crypto Shield, an insurance product for the cryptocurrency market.

Spixii and Socotra combine capabilities for customer experiences

Spixii and Socotra have partnered to enable insurers to integrate Spixii’s conversational process automation with Socotra’s core platform to deliver superior customer experiences.

Qumata eyes expansion following $23m Series A

Qumata, a provider of a ML/AI underwriting solution, has raised $23m from a Series A extension round.

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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