Tag: 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.

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...

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

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

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

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

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

Greece-based Hellas Direct has secured €7m in its Series B led by IFC, to support expansion across emerging markets, Hellas Direct co-founder Alexis Pantazis told FinTech Global.

Synechron has launched a range of InsurTech Accelerator Programs to help develop various end-to-end solutions for insurance businesses.