Tag: AI in Insurance

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, 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.

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 2025 43 leading insurance C-level executives from across more than 10 countries...

Key Global InsurTech investment stats in Q1 2025: Global InsurTech funding increased by 59% YoY US reinforced its global InsurTech market dominance securing half...

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, 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, 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.

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 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...