Tag: Artificial Intelligence

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing fraud. However, only 43% of underwriters consistently trust predictive analytics recommendations. This discrepancy raises an essential question: how can AI truly transform underwriting, and what trends are driving its adoption in the InsurTech industry? Custom software development company Symfa investigates.

Instabase, a leading applied artificial intelligence (AI) platform for unstructured data, has announced its $100m Series D funding round.

Onesurance, a Dutch InsurTech startup focused on AI solutions for the insurance industry, has secured seed funding to accelerate its growth and expand its innovative technology.

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital...

Cytora, a leader in digital risk processing for the InsurTech sector, has announced a strategic partnership with TradeAtlas, a global trade data behemoth.

Omnichannel InsurTech firm, Qoala, has successfully completed its Series C funding round, amassing $47m. This significant financial milestone was led by PayPal Ventures alongside MassMutual...

Tractable, an established leader in the application of artificial intelligence (AI) to assess the condition of cars and properties, has just announced its latest fundraising success.

Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.

Luge Capital is looking for early-stage FinTech companies and artificial intelligence (AI) solutions applied to financial services following its $75m financing.