AI tools such as ChatGPT to drive digital transformation of insurance, COVU says
Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
Encora acquired Excellarate to strengthen InsurTech, FinTech and HealthTech
Encora, a global next-generation product engineering provider, has acquired global technology solutions provider Excellarate to strengthen its capabilities in InsurTech, FinTech and HealthTech.
Majesco selected by Boston Mutual to enhance the customer experience
Majesco, a provider of cloud insurance platform software for insurance business transformation, has been selected by Boston Mutual Life to modernise its core platform.
Coterie Insurance partners with Appalachian Underwriters for automated underwriting
Coterie Insurance, a small business insurance solution for agents and brokers, has partnered with Appalachian Underwriters, Inc (AUI), for automated underwriting.
Caffeinated Capital backs InsurTech Pathpoint in $12.5m raise
Pathpoint, a modern wholesaler where insurance agents can get bindable small commercial Excess and Surplus (E&S) quotes, has raised $12.5m in funding.
Property risk intelligence provider Betterview secures funding
Betterview, an InsurTech that provides property risk intelligence, has closed a round of funding.
Cyber insurer Trium Cyber teams up with Origami Risk
Trium Cyber, a Lloyds’ services company providing cyber insurance, risk management and claims adjudication services, has partnered with Origami Risk.
What were the biggest InsurTech deals of 2022?
Despite a tough fundraising climate and a cool-off in investment since 2021 levels, InsurTech is still a thriving sector, with many companies closing significant deals last year.
McKenzie Intelligence launches product to accelerate response to hailstorm events
Geospatial intelligence leader, McKenzie Intelligence Services (MIS), has launched a new peril, Hail, within its platform, to accelerate incident and claims responses following hailstorm events.
WNS joins forces with WhenFresh to deliver a better CX to home insurers
WNS has partnered with residential property data specialists WhenFresh to launch its platform to enable home insurers to deliver improved customer experience and reduced acquisition costs.
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