Tag: insurance ai

US companies dominated global InsurTech deals in Q2 as deal activity...

Key global InsurTech investment stats in Q2 2026: Global InsurTech deal activity grew 10% QoQ in Q2 US companies dominated global InsurTech deal landscape...

Global InsurTech funding projected to grow 68% in 2026 driven by...

Key Global InsurTech investment stats in H1 2026: Global InsurTech investment increased 81% YoY InsurTech investment is projected to grow 68% Deals over $100m...

California cemented its place as the main US InsurTech hub with...

Key US InsurTech investment stats in H1 2026: US InsurTech deal activity grew by 10% YoY Californian companies secured 35% of all deals to...

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...

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.

Simplifai launches Agentic AI to transform insurance automation

Simplifai, a leader in AI-driven automation, has launched Agentic AI designed to optimise critical processes such as claims handling, underwriting, and customer service. The Norwegian...

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.
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