Tag: AI in Insurance

US InsurTech funding projected to fall by 39% in 2025 as...

Key US InsurTech investment stats in H1 2025: US InsurTech funding decreased by 61% in H1 2025 Trend analysis showed a projected drop of...

Why insurers must modernise AML with AI now

In today’s evolving financial crime landscape, the insurance sector is facing increasing scrutiny. Long considered a low-risk area, both life and non-life insurance products are now being exploited for money laundering, sanctions evasion, and fraud.

Over half of insurance execs view tech firms as strategic partners

Global Insurance Trends 2025: 43 senior insurance executives across more than 10 countries were surveyed for NTT DATA’s InsurTech Global Outlook 2025 Over half...

London based Quantexa tops the list of largest UK InsurTech deals...

Key European InsurTech investment stats in Q1 2025: European InsurTech funding decreased by 7% YoY in Q1 2025 UK dominated the European InsurTech deal...

Cyberwrite and Markel boost cyber risk modelling in Europe

Cyber risk analytics provider Cyberwrite has deepened its collaboration with Markel Insurance to enhance cyber underwriting, broker enablement, and risk modelling capabilities across European markets.

European InsurTech funding projected to increase by 10% for 2025 as...

Key European InsurTech investment stats in Q1 2025: European InsurTech funding decreased by 7% in Q1 2025 YoY Trend analysis showed a projected 10%...

Nearmap and itel join forces to streamline insurance claims and underwriting

Nearmap has announced the acquisition of itel, a move set to reshape the property insurance landscape by combining two trusted sources of underwriting and claims data.

Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan...

Tinubu, a leading provider of cloud-based enterprise software for the specialty insurance industry, has raised $45m in growth capital to fuel its product innovation and global expansion.

European InsurTech funding jumped 2.6x in Q1 as investors loosen purse...

Key European InsurTech investment stats in Q1 2025: European InsurTech funding jumped 2.6x QoQ in Q1 2025 Average deal value rose to $19.7m as...

IntellectAI targets insurance inefficiencies with AI-driven policy placement solution

IntellectAI, the InsurTech division of Intellect Design Arena, has unveiled Magic Placement, a new AI-powered solution designed to overhaul the way agents, brokers, and wholesalers compare insurance documents.

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