Tag: AI in Insurance

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.

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.
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