Sector Updates

Assurant launches HOIVerify to automate mortgage insurance

Assurant launches HOIVerify to automate mortgage insurance

Assurant has introduced a new product aimed at transforming insurance verification in the mortgage lending process.
Applied Systems acquires Cytora to expand AI in insurance

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.
Paid leave provider Parento secures $5.9m seed funding

Paid leave provider Parento secures $5.9m seed funding

Parento, a US-based provider of parental leave insurance and support services, has raised $5.9m in a Seed II funding round to expand its offering to businesses of all sizes.
KYND, a cyber risk management FinTech, has partnered with DUAL, a leading global MGA, to enhance cyber insurance solutions worldwide.

DUAL teams up with KYND to enhance cyber insurance solutions

KYND, a cyber risk management FinTech, has partnered with DUAL, a leading global MGA, to enhance cyber insurance solutions worldwide. The partnership will integrate...
Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions in partnership with JVP, the venture capital firm that initially backed the company.

Earnix raises $290m to expand AI insurance platform

Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions...
Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States.

Digital insurer Kin bags $50m Series E

Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States. The  tranche...
Sedgwick, the global leader in risk and claims administration with more than 33,000 employees serving 10,000 clients across 80 countries, has announced the appointment of Vishy Padmanabhan as its first chief transformation officer.

Sedgwick appoints Vishy Padmanabhan as chief transformation officer

Sedgwick, the global leader in risk and claims administration with more than 33,000 employees serving 10,000 clients across 80 countries, has announced the appointment...
Quantiphi, an AI-first digital engineering company, and Amazon Web Services (AWS) have expanded their Strategic Collaboration Agreement (SCA) to accelerate enterprise-ready generative AI solutions.

AWS deepens collaboration with Quantiphi on generative AI

Quantiphi, an AI-first digital engineering company, and Amazon Web Services (AWS) have expanded their Strategic Collaboration Agreement (SCA) to accelerate enterprise-ready generative AI solutions. The...
Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round.

Elysian secures $6m to transform commercial claims with AI

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round. The round was led by Portage, with additional participation...
Clearspeed, a global leader in voice-based risk assessment technology, has partnered with Pinnacol Assurance, Colorado’s top workers’ compensation insurer.

Pinnacol teams with Clearspeed to streamline claims engagement

Clearspeed, a global leader in voice-based risk assessment technology, has partnered with Pinnacol Assurance, Colorado’s top workers’ compensation insurer. The collaboration aims to improve Pinnacol’s...

News Stories

AXA XL taps Samsara platform for fleet risk tools

AXA XL, a global commercial insurance provider, has announced a strategic partnership with Samsara, the pioneer of the Connected Operations® Platform, to bring advanced...

Connie Health acquires Clearlink and raises $40m Series B

Connie Health, an AI-native Medicare navigation platform, has completed the acquisition and integration of Clearlink's Medicare business, backed by a $40m Series B financing...

Corgi Insurance partners with Silicon Valley Bank

Corgi Insurance, a fast-growing insurance platform serving startups and technology businesses, has announced a partnership with Silicon Valley Bank, a division of First Citizens...

ZestyAI names two executives amid strong momentum

ZestyAI, an AI-powered risk decision platform serving the property and casualty (P&C) insurance sector, has appointed David Friend as chief financial officer and John...
Earnix

Earnix bets on native AI to govern insurer decisions

Earnix, an AI decisioning platform purpose-built for the insurance sector, has unveiled AIOS, its AI Orchestration System for Insurance, designed to embed governed artificial...
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