Tag: AI

AI-powered InsurTech i3 Systems said to raise $1.5m in funding

AI platform for insurance i3 Systems has reportedly bagged $1.5m in a funding round, which will aid the enhancement of its technology.

Why AI development is crucial for business stability during the pandemic

Insurance companies looking to neglect their AI development in favour of business stability could see themselves “perish”, according to dacadoo president and CEO Peter Ohnemus.

Could AI be at the forefront of digitalisation for insurance

Currently business is not normal, but it might be fostering the rapid development of artificial intelligence (AI) technology.

Acrisure acquires Tulco to improve development of InsurTech capabilities

Insurance broker Acrisure has acquired AI-powered insurance platform Tulco with the goal of starting the deployment of “InsurTech at scale.”

Brylianze releases new AI solution

Insurance IT services developer Brylianze has released a new AI platform which will help insurers to improve their operations.

Why insurers should stop fearing technology

InsurTech has the potential to offer new revenue streams and to even help restore the public perception of the insurance industry.

Insurmi scores $1m in funding to accelerate market growth

Insurmi, a conversational AI solution for insurance carriers, has scored $1m in funding to accelerate its market expansion.

Shift Technology joins Guidewire PartnerConnect as solution provider

AI-powered fraud detection and claims automation company Shift Technology has joined the Guidewire PartnerConnect as a solution provider.

Insurance chatbot Hi Marley collects $8.7m in Series A

Hi Marley, an insurance technology platform, has closed its Series A round on $8.7m.

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.
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