Tag: Artificial Intelligence

AI investment is accelerating with two-thirds of insurance CEOs allocating 10...

Key views of percentage of budget spent on AI in insurance companies: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...

Insurance CEOs identify agentic AI as a value driver with 44%...

KPMG's Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues above $500m 44% of CEOs expect agentic...

TCS secures multiyear managed services deal

Tata Consultancy Services (TCS), a global IT services and consulting firm, has entered into a multiyear transformation and managed services agreement with Canada Life,...

One in three UK customers back AI in insurance

Guidewire, an insurance technology platform provider, has published its 2026 European Insurance Consumer Survey, finding that a third of UK customers are open to...

ZestyAI’s ZORRO Discover powers NRDC climate research

ZestyAI, an artificial intelligence platform for property risk assessment, has announced that the Natural Resources Defense Council (NRDC), a prominent US environmental advocacy organisation,...

European InsurTech funding projected to grow by 3x in 2026 as...

Key European InsurTech investment stats in Q1 2026: European InsurTech funding surged by 73% QoQ in Q1 Funding is projected to grow by nearly...

US retained its position as the main global InsurTech hub attracting...

Key global InsurTech investment stats in Q1 2026: Global InsurTech deal activity dropped by 24% YoY in Q1 US retained its position as the...

US InsurTech funding spiked by 94% YoY in Q1 as investors...

Key US InsurTech investment stats in Q1 2026: US InsurTech funding spiked by 94% YoY in Q1 2026 Average deal value increased by 3x...

CIBC backs AI-driven InsurTech Gradient AI’s expansion

CIBC Innovation Banking, a specialist lender with over 25 years of experience in growth-stage technology companies, has provided growth capital financing to Gradient AI,...
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