Tag: AI

Cytora said to close £25m funding round to support international growth

Cytora, which uses AI technology to improve underwriting for commercial insurance, has reportedly closed a £25m funding round.

Slice launches new AI-powered solution to improve risk assessments

On-demand insurance startup Slice Labs has launched its new AI solution which helps companies to improve risk assessments.

Why insurance is not ready for blockchain or AI

Insurance companies need to focus on digitalisation and utilising data’s full potential, before worrying about AI and blockchain technology, according to Insly founder and CEO Risto Rossar.

AI-powered software developer Squirro deploys new GDPR tools

Augmented intelligence application developer Squirro has developed a new GDPR compliance solution.This new service leverages computing power to identify any GDPR requests and gather...

TransRe, Concirrus partner to boost marine insurance

Reinsurance firm TransRe has formed a partnership with Concirrus to develop a data-driven marine reinsurance product.

Concirrus nets £5m in round co-led by IQ Capital, EOS Venture

Concirrus, an AI-powered insurance software provider, has netted £5m in an new equity round.

Groundspeed Analytics raises $30m in Series B

Groundspeed Analytics, an AI and data science solution for the insurance sector, has raised $30m in its Series B round.

InsurTech startup Tractable raises up to $25m in funding

Tractable, an AI-based solution which supports insurance claims by analysing images of damage, has raised up to $25m in funding.

Drive with Belron hosts demo day for 3 startups competing for...

Drive with Belron, an innovation lab, has held the demo day for the three startups in the latest program, which has a £200,000 prize.

Swirl Insurance looks to raise $1.5m

Swirl Insurance Services, which uses AI to provide insurance quotes, has reportedly raised $100,000.

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