Tag: Insurance

Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 

Corvus Insurance, a leading cyber underwriter driven by a proprietary AI-driven cyber risk platform, has introduced a newly expanded Tech E+O product which aims to meet the evolving needs of the market.

In an era defined by rapid technological strides, the insurance industry stands on the cusp of an extraordinary evolution, heralding a new dawn through the prospect of a digital transformation. Amidst this profound change, the sector has emerged as a haven of innovation, embracing a digital metamorphosis that promises a new beginning in the space.  

Artificial Labs, a leading algorithmic underwriting InsurTech, has successfully concluded an £8M Series A+ funding round, marking a significant milestone in its growth trajectory.

The carbon credit insurance market could reach $1bn by 2023, according to a new landmark report from Oxbow Partners and Kita.

Pawlicy Advisor, the foremost independent pet insurance marketplace, has made significant leadership additions to its team.

Hadron, a revolutionary insurer focused on aiding Managing General Underwriters (MGUs) in accelerating their growth, has announced its expansion into the UK market with the acquisition of Folgate Insurance Company.

Guy Carpenter & Company, LLC, a prominent global risk and reinsurance specialist, has unveiled an innovative cyber reinsurance product.

In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.