Tag: automation

Cybercrime tops insurance performance threats at 83% alongside AI readiness and...

Key views of trends negatively impacting insurance organisation’s performance: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues...

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...

US InsurTech funding expected to fall 30% in 2026 due to...

Key US InsurTech investment stats in Q1 2026: US InsurTech deal activity reduced 35% YoY Trend analysis showed a projected 30% fall in funding...

Global InsurTech investments rose in Q1 2026 due to deals over...

Key Global InsurTech investment stats in Q1 2026: Global InsurTech investments rose by 27% YoY in Q1 Deals over $100m grew by 28% as...

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...

Over three quarters of insurance execs view increasing technology spend as...

Insurance investment stats in 2025: 120 insurance leaders across carriers, agencies and tech firms were surveyed on 2025 priorities 78% of respondents expected to...

Assurant launches HOIVerify to automate mortgage insurance

Assurant has introduced a new product aimed at transforming insurance verification in the mortgage lending process.

The ultimate guide to insurance automation: How to enhance the customer...

The insurance sector is undergoing a significant transformation, driven by cutting-edge automation technologies and evolving customer expectations. Over recent years, innovations such as artificial intelligence (AI) and intelligent process automation have drastically improved insurers' ability to process claims, streamline operations, and enhance customer interactions.

Napo raises €14.4m to revolutionise pet insurance with AI and automation

London-based InsurTech company, Napo, which specialises in pet insurance solutions, has successfully closed a €14.4m Series B funding round.
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