Latest Data privacy News, Insights & Analysis - InsurTech Analyst

AI in insurance 2024

FinTech News

AI-driven risk assessment propels the AI in insurance market to $141bn...

March 13, 2025

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

63% of Singapore's insurance market is set to replace core management systems in 2024, according to a recent global study by Novidea.

Company News

63% of Singapore insurance market to replace core management systems in...

January 30, 2024

63% of Singapore's insurance market is set to replace core management systems in 2024, according to a recent global study by Novidea.

Latest Analysis

Azos, a Brazilian InsurTech focused on individual life insurance, has raised $25m in a Series C round to expand in a market still dominated by Bradesco and Prudential.

Company News

Brazilian InsurTech Azos raises $25m Series C

March 18, 2026

Cytora, a digital risk processing platform for the insurance industry, has launched Cytora Autopilot, a new agentic AI capability designed to enable insurers to automate end-to-end risk workflows for the first time.

Company News

Cytora launches agentic AI to automate risk workflows

March 18, 2026

ZestyAI, a risk and decision intelligence platform for the insurance industry, has secured partnerships with two US regional insurers, Harford Mutual Insurance Group and American European Insurance Group (AEIG), to strengthen property-level underwriting across their respective portfolios.

Company News

Harford Mutual and AEIG partner with ZestyAI

March 18, 2026

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully integrated it into their financial operations, exposing a stark divide between ambition and real-world adoption across the sector.

Company News

Insurance sector’s AI ambition outpaces action, report finds

March 18, 2026