Sector Updates

Cigna Healthcare, the American multinational managed healthcare and insurance company, has launched Clearity, a copay-only health plan designed to remove deductibles and coinsurance while showing members exactly what they owe before booking a visit.

Cigna unveils AI-powered health platform

Cigna Healthcare, the American multinational managed healthcare and insurance company, has launched Clearity, a copay-only health plan designed to remove deductibles and coinsurance while...
Neutrinos, a leading provider of AI-powered automation technology for insurers, has been selected by Mutakamela Insurance Company, a subsidiary of Abu Dhabi National Insurance Company (ADNIC), to develop a new digital platform for SME Health and Motor insurance services.

Mutakamela Insurance selects Neutrinos to power digital platform

Neutrinos, a leading provider of AI-powered automation technology for insurers, has been selected by Mutakamela Insurance Company, a subsidiary of Abu Dhabi National Insurance...
InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of its platform and expand its team.

Pibit AI raises $7m to boost insurance platform

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of...
HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to building voice-driven tools specifically for the insurance sector.

HawkSoft and Liberate bring Voice AI to insurance agencies

HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to...
Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s first major expansion beyond the UK.

Staysure brings trusted travel insurance to Irish market

Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s...
openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free and open production-ready insurance data standard.

openIDL unveils first open insurance data standard

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free...
The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented systems, duplicated data entry, and email-based communication, leaving underwriters with limited time to properly assess risks. As carriers push for greater speed and accuracy, the industry is steadily turning to digital tools that reimagine how underwriting actually works, according to IntellectAI.

Inside the rise of digital underwriting workbenches

The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented...
Kalepa, a leading AI-powered insurance underwriting software firm, has appointed David Meister as chief revenue officer (CRO) to oversee its global revenue functions.

Kalepa updates leadership team with new CRO

Kalepa, a leading AI-powered insurance underwriting software firm, has appointed David Meister as chief revenue officer (CRO) to oversee its global revenue functions. As part...
In conversations with auto lenders about pricing analytics, one phrase surfaces more than any other: “Our setup works fine — we’ve always done it this way.” At face value, this often seems true. Rates are updated, spreadsheets balance, and deals continue to close. But underneath, a silent risk is accumulating, according to Earnix. 

The quiet cost of slow pricing in auto finance

In conversations with auto lenders about pricing analytics, one phrase surfaces more than any other: “Our setup works fine — we’ve always done it...
Modern Life, an AI-powered life insurance brokerage transforming how advisors serve their clients, has raised $20m in Series A funding.

Modern Life raises $20m to transform life insurance with AI

Modern Life, an AI-powered life insurance brokerage transforming how advisors serve their clients, has raised $20m in Series A funding. The company plans to use...

News Stories

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
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