Tag: AI

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...

Hexure, a leader in AI-powered sales automation for the insurance and financial services industry, has launched what it describes as the first fully digital,...

Billions of dollars are paid out in P&C insurance claims each year, yet many firms still underinvest in claims transformation. Kevin Reilley, CEO at Westhill...

Madison-based Cylerity, a healthcare FinTech company that uses AI to accelerate payments to providers, has raised $4m in an oversubscribed seed round and secured...

Artificial intelligence (AI) has moved from hype to boardroom priority in financial services and insurance, but the challenge now lies in translating potential into...

Insurance companies may be eager to adopt generative AI capabilities, but generic models often fail to grasp the industry’s complexities

After more than five years of hard market conditions, the insurance sector is now shifting into a soft market. This shift means firms will need to change their strategies to ensure they can stay competitive and profitable. Quantexa VP Insurance Alex Johnson believes Contextual AI and Decision Intelligence is the key to achieving this.

Afori, a new AI platform built specifically for insurance brokers, has emerged from stealth with the announcement of a €4m pre-seed funding round.

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in two technology-driven startups, Atomic and Feathery. The fund, launched in 2022,...

Heron, a workflow automation company specialising in AI-powered document processing for traditional industries such as lending, insurance and equipment finance, has raised $16m in a Series A funding round.