Tag: AI

Vitesse, a global treasury and payment provider for the insurance industry, and Five Sigma, an AI-native claims management technology company, have announced a strategic partnership aimed at modernising claims payouts.

Outmarket AI, a newly launched intelligence platform designed to transform the commercial insurance sector, has raised $4.7m in a seed funding round.

Insurance consumers are losing faith in AI, according to Insurity’s 2025 AI in Insurance Report, with only 20% supporting its use across the P&C insurance sector, down from 29% in 2024.

AI-driven InsurTech company COVU has increased its Series A funding to $22m as it looks to scale its artificial intelligence capabilities and expand its...

Waterdrop Inc., a leading technology platform specialising in insurance and healthcare services with a positive social impact, has announced a strategic integration with DeepSeek...

Berlin-based InsurTech startup muffintech has raised €3.5m to enhance its AI-powered solutions designed for insurance companies and brokers.

Earnix, a global leader in intelligent decisioning SaaS solutions for regulated industries, has unveiled its new generative AI-powered Copilot designed to optimise how companies...

Neutrinos, an intelligent automation specialist, has launched a state-of-the-art platform designed to help insurers integrate AI-driven decision-making, streamline complex tasks, and enhance customer engagement. The...

When it comes to creating a great user experience (UX), it’s not just about making technology look good—it’s about making it feel effortless. At Ushur,...

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing fraud. However, only 43% of underwriters consistently trust predictive analytics recommendations. This discrepancy raises an essential question: how can AI truly transform underwriting, and what trends are driving its adoption in the InsurTech industry? Custom software development company Symfa investigates.