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 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, the Risk Decision Platform serving the insurance sector, has signed MAP Underwriting (Managing Agency Partners), a managing agency at Lloyd's of London, as...
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,...
Cytora and InformData move to derisk commercial submissions
Cytora, the digital risk processing platform serving commercial insurance carriers, has formed a partnership with InformData, a network specialising in verifiable people data, in...
The hybrid actuarial role reshaping insurance pricing
Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...
How AI can rescue cyber submissions from the black hole
Commercial insurance is wrestling with a silent crisis that IntellectAI has dubbed the "submission black hole", the unmanaged space inside a carrier's infrastructure where...
Carpe unveils Carpe Claims suite for agentic insurance era
Carpe, an InsurTech firm that delivers AI-driven intelligence to insurers, has unveiled Carpe Claims, a unified suite combining ten years of claims expertise with...
Lemonade expands renters cover into Nebraska
Lemonade, a technology-driven insurance provider, has rolled out its renters insurance product in Nebraska, opening up its digital-first coverage to tenants across the state.
The...
P&C insurers face control risks as AI adoption accelerates
Artificial intelligence is becoming a key technology priority for property and casualty (P&C) insurers as carriers look to improve underwriting, portfolio management and operational...
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