Sector Updates

Insurers and banks increasingly face complex analytical challenges as they strive to build accurate, transparent, and scalable predictive models. From managing high-dimensional data to avoiding overfitting, finding the right balance between model performance and interpretability is no small task, especially when dealing with categorical features.

Honda, the Japanese automotive giant known for its innovative vehicles, has launched Honda Insurance Solutions, a new licensed insurance agency aimed at providing a seamless and competitive insurance experience for its customers across the United States.

Artificial Intelligence Underwriting Company, a San Francisco-based InsurTech focused on building trust and accountability in AI systems, has officially launched alongside a $15m seed funding round.

Neutrinos, a digital transformation platform specialising in intelligent automation for the insurance industry, has launched its new AI Agent Library to help insurers deploy agentic AI solutions across critical workflows.

Duck Creek Technologies has received five XCelent Advanced Technology 2025 awards from research and advisory firm Celent, recognising its cloud-based Policy Administration System (PAS) across North America, EMEA, and LATAM.

dacadoo, a global digital health engagement leader, partners with Microsoft, a worldwide technology powerhouse, to drive innovation in AI-powered health solutions.

As the insurance industry enters a transformative 2025, CIOs face growing pressure to shift from traditional IT leadership to collaborative models that deliver real business results. Ushur is actively investigating this shift.

Eventual, a US-based InsurTech company focused on making property insurance more predictable, has secured $7.5m in funding across two rounds.

Zurich, a global multi-line insurer, has marked a significant milestone in its Agentic AI initiative with the successful completion of the first phase of its Hyper Challenge, part of the Zurich Innovation Championship.

Global InsurTech firm bolttech, healthcare technology leader OMRON Healthcare Singapore, and established global insurer QBE have joined forces to launch Premium Care, a new connected health subscription plan in Singapore.