Tag: insurtech

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.

Cytora powers TransRe’s digital reinsurance shift

TransRe has joined forces with digital risk processing platform Cytora to digitise its global facultative reinsurance operations, deploying Cytora’s agentic AI-powered Concierge service to overhaul its underwriting workflows.

Send hires Laura Wathen as CFO to drive next growth

Send Technology Solutions Ltd (Send) has appointed Laura Wathen as its new chief financial officer (CFO), as the InsurTech embarks on its next phase...

Herald and Joshu join forces to speed up insurance launches

Herald and Joshu have announced a partnership aimed at transforming how insurers develop and distribute digital products, with the goal of significantly cutting time-to-market.

CyberCube and Wholesure join forces on SMB cyber cover

CyberCube has entered into a strategic partnership with Wholesure, the wholesale brokerage arm of Acrisure, to strengthen cyber insurance decision-making for small and medium-sized...

Honeycomb teams with Trisura to boost US coverage

Honeycomb Insurance has formed a new partnership with Trisura Insurance Company in a strategic move to increase its admitted capacity across the United States. The...

NFP taps Qumis AI to streamline policy intelligence

NFP, an Aon company and global leader in P&C insurance and risk consultancy, has expanded its digital transformation strategy by partnering with Qumis, a legal-grade AI platform built specifically for the insurance sector.

Deferred repairs pose $317bn threat to insurers

A new study from ZestyAI has found that over 60% of U.S. homeowners are postponing critical home maintenance, potentially exposing insurers to an eye-watering $317bn in claims.

Cytora boosts insurance efficiency with agentic AI

Cytora has launched a new agentic AI-powered tool, Unified Risk Reasoning, which marks a major step forward in the full automation of risk workflows for insurance professionals.

DynaRisk secures $4.7m to scale cyber insurance tools

DynaRisk, a London-based cyber risk management company, has raised $4.7m in funding to expand its international footprint and accelerate product innovation. The investment round was...
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