Tag: insurtech

Liberty Mutual teams up with Hagerty for classic car cover

Hagerty, an automotive enthusiast brand and leading specialty vehicle insurance provider, has announced a new partnership with Liberty Mutual Insurance to deliver enhanced collectible car...

Westfield adopts Insurwave platform for risk management

Insurwave has announced that Westfield Specialty International (Westfield) and its syndicate at Lloyd’s have joined as new clients. The collaboration arose from Westfield’s strategic aim...

AI is rewriting the rulebook for P&C claims — here’s how

Billions of dollars are paid out in P&C insurance claims each year, yet many firms still underinvest in claims transformation. Kevin Reilley, CEO at Westhill...

Cover Whale secured a top US InsurTech deal in Q3 as...

Key US InsurTech investment stats in Q3 2025: US InsurTech funding plummeted by 71% YoY in Q3 New York emerged as the main hub...

How Five Sigma’s Clive AI is delivering measurable results in claims...

Five Sigma has experienced a breakout year in 2025, with considerable demand for its AI and automation solutions for claims management. The company’s multi-agent AI...

California and New York continue to dominate US market with combined...

Key US InsurTech investment stats in Q3 2025: US InsurTech deal activity increased by 39% QoQ in Q3 California and New York continue to...

Turning AI promise into business performance

Artificial intelligence (AI) has moved from hype to boardroom priority in financial services and insurance, but the challenge now lies in translating potential into...

AI neo-insurer MGT secures $21.6m Series B funding

AI-driven commercial insurer MGT, a vertically AI-native neo-insurer focused on modernising property and casualty (P&C) coverage for small businesses, has closed an oversubscribed $21.6m...

Profitable growth in a soft market: How contextual AI and decision...

After more than five years of hard market conditions, the insurance sector is now shifting into a soft market. This shift means firms will need to change their strategies to ensure they can stay competitive and profitable. Quantexa VP Insurance Alex Johnson believes Contextual AI and Decision Intelligence is the key to achieving this.

Afori raises €4m to launch AI platform for insurance brokers

Afori, a new AI platform built specifically for insurance brokers, has emerged from stealth with the announcement of a €4m pre-seed funding round.
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