Latest 2023 Fraud Trends News, Insights & Analysis - InsurTech Analyst

FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal.

FinTech News

Vesttoo lay off 75% of staff and close multiple offices amid...

August 1, 2023

FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal.

Latest Analysis

Azos, a Brazilian InsurTech focused on individual life insurance, has raised $25m in a Series C round to expand in a market still dominated by Bradesco and Prudential.

Company News

Brazilian InsurTech Azos raises $25m Series C

March 18, 2026

Cytora, a digital risk processing platform for the insurance industry, has launched Cytora Autopilot, a new agentic AI capability designed to enable insurers to automate end-to-end risk workflows for the first time.

Company News

Cytora launches agentic AI to automate risk workflows

March 18, 2026

ZestyAI, a risk and decision intelligence platform for the insurance industry, has secured partnerships with two US regional insurers, Harford Mutual Insurance Group and American European Insurance Group (AEIG), to strengthen property-level underwriting across their respective portfolios.

Company News

Harford Mutual and AEIG partner with ZestyAI

March 18, 2026

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully integrated it into their financial operations, exposing a stark divide between ambition and real-world adoption across the sector.

Company News

Insurance sector’s AI ambition outpaces action, report finds

March 18, 2026