Sector Updates

Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology, designed to help insurers and other institutional investors better align investment strategy with balance sheet objectives.

Ortec Finance launches GLASS PRISM to optimise insurer asset allocation

Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology,...
Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform.

Steadily launches ChatGPT app for instant landlord quotes

Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform. The new app allows property...
Willis teams with Qover for embedded insurance solutions

Willis teams with Qover for embedded insurance solutions

Willis, a WTW business, has partnered with Qover, a European embedded insurance orchestration platform, to expand its GB Affinity technology ecosystem and deliver faster,...
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...

News Stories

IAG partners OpenAI on agentic voice solutions

IAG partners OpenAI on agentic voice solutions

Cinven and La Caisse have agreed to acquire UK specialty MGA platform Optio Group. Read the full deal details here.
AGI targets insurance broker growth gap with $70m AI platform

AGI targets insurance broker growth gap with $70m AI platform

American Growth Insurance (AGI), an insurance brokerage focused on specialty commercial and personal lines, has launched with nearly $70m in committed equity to build...
Zinnia expands Kuvare partnership to speed product launches

Zinnia expands Kuvare partnership to speed product launches

Zinnia, a life and annuity technology firm, has broadened its strategic relationship with Kuvare in a move that underpins the carrier's wider technology agenda. Under...
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,...
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