Tag: AI in Insurance
AI meets human insight in IntellectAI’s new underwriting solution
IntellectAI has introduced a new breed of AI-driven underwriting tools designed to elevate decision-making across commercial and specialty lines.
74% of insurers are prioritising digital transformation and tech adoption in...
74% of insurers are prioritising digital transformation and tech adoption in 2025
43 leading insurance C-level executives from across more than 10 countries...
US reinforced its global InsurTech market dominance securing half of Q1...
Key Global InsurTech investment stats in Q1 2025:
Global InsurTech funding increased by 59% YoY
US reinforced its global InsurTech market dominance securing half...
How AI expert agents are transforming insurance underwriting workflows
AI expert agents are emerging as powerful tools in the insurance industry, reshaping the underwriting process by mimicking human decision-making. As artificial intelligence continues...
Kennedys IQ launches InsurTech’s first neuro-symbolic AI solution for global insurance...
Kennedys IQ, the client-facing technology division of global law firm Kennedys, has introduced SmartRisk, the first fully explainable neuro-symbolic AI risk analysis solution for the insurance sector.
Sixfold launches AI Accuracy Validator to enhance underwriting confidence
Sixfold, a pioneer in generative AI solutions for insurance risk analysis, has launched its AI Accuracy Validator, a tool designed to improve underwriter confidence in AI-generated risk assessments.
India cemented its place as the leading InsurTech hub in Asia...
Key Asian InsurTech investment stats in 2024:
Asian InsurTech deal activity dropped by 64% YoY
India secured over a third of the Asian InsurTech...
AI-driven risk assessment propels the AI in insurance market to $141bn...
AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...
Asian InsurTech funding plunged by 71% in 2024 as deals over...
Key Asian InsurTech investment stats in 2024:
Asian InsurTech funding plunged by 71%in 2024
Deals over $100m in 2024 reached a 5-year low
bolttech,...
Only 20% of insurance execs are not considering AI for their...
359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets
Only 20% of respondents haven’t considered AI, whereas...











