Tag: AI
AI-powered platform Parrot rakes in $11m in Series A
Parrot, a technology-based court reporting firm, revealed today its innovative AI-enabled platform, designed specifically to assist insurance providers and legal firms expedite case resolutions...
Speed or quality: The AI dilemma disrupting the insurance sector
In the dynamic landscape of insurance, artificial intelligence (AI) has emerged as a game-changing element. The central subject of many debates at recent forums, such as the #everywoman insurance forum, is an AI-powered chatbot, Chat-GPT. InsurTech company distriBind has explored the role of ai and chatbots in insurance.
Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling
Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.
Meanwhile, the crypto-native life insurer, bags $19m seed funding
Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.
Berlin’s InsurTech pioneer INZMO launches AI chatbot NIMO
Headquartered in Berlin, INZMO, a front-runner in the European InsurTech scene, has disclosed the debut of its novel chatbot assistant, NIMO.
InsurTech pioneer Sixfold emerges with $6.5m seed funding, revolutionising AI in...
Sixfold, a groundbreaking InsurTech startup, is introducing the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.
Maximising MGA’s capabilities with technology in the global insurance landscape
Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...
InsurGPT: Roots Automation’s breakthrough AI model set to transform insurance
Roots Automation, the pioneer behind AI-powered Digital Coworkers, has unveiled its latest innovation, InsurGPT.
How tech is boosting sales and improving customer experience
Artificial Intelligence (AI) has become a pivotal force in the retail sector, offering an innovative solution to the daunting challenge faced by retailers. Scanbot...
How applied AI is transforming auto insurance
There were 12 million car accidents in the US in 2019, according to data from Statista. Each of these comes with an insurance claim, but these processes are too long and inefficient.