Tag: insurance automation

Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.

Key European InsurTech investment stats in Q1 2025: European InsurTech funding jumped 2.6x QoQ in Q1 2025 Average deal value rose to $19.7m as...

IntellectAI has introduced a new breed of AI-driven underwriting tools designed to elevate decision-making across commercial and specialty lines.

Kennedys IQ, the client-facing technology division of global law firm Kennedys, has introduced SmartRisk, the first fully explainable neuro-symbolic AI risk analysis solution for the insurance sector.

Key Asian InsurTech investment stats in 2024: Asian InsurTech deal activity dropped by 64% YoY India secured over a third of the Asian InsurTech...

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...

Outmarket AI, a newly launched intelligence platform designed to transform the commercial insurance sector, has raised $4.7m in a seed funding round.

Fusion Specialty, a global underwriting agency (managing general agent), has partnered with Insly, an insurance software provider, to modernise its operations and enhance efficiency.

Sapiens International Corporation has introduced the latest version of its automated underwriting and new business case management platform, designed specifically for life and annuities insurers.

359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets Only 20% of respondents haven’t considered AI, whereas...