Tag: Machine Learning

Over three quarters of insurance execs view increasing technology spend as...

Insurance investment stats in 2025: 120 insurance leaders across carriers, agencies and tech firms were surveyed on 2025 priorities 78% of respondents expected to...

Healthcare FinTech Cylerity raises $4m to speed payments

Madison-based Cylerity, a healthcare FinTech company that uses AI to accelerate payments to providers, has raised $4m in an oversubscribed seed round and secured...

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...

GoHealth gains $115m to fuel strategic growth

GoHealth has announced a set of strategic capital and governance moves aimed at strengthening its financial flexibility and positioning for long-term growth, alongside releasing its second quarter 2025 financial results.

Akur8 expands US footprint with Frank Winston Crum Insurance partnership

Frank Winston Crum Insurance has partnered with Akur8 to enhance its risk modelling, pricing, and reserving processes through the adoption of Akur8’s core platform solution.

AI meets human insight in IntellectAI’s new underwriting solution

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

AI in insurance underwriting: Overcoming challenges and unlocking value

Artificial intelligence (AI) is having a profound impact on insurance underwriting, transforming long-established processes and significantly improving insurers’ capabilities. From improving risk assessment to tailoring offers and automating administrative functions, AI is enabling a new era of agility and competitiveness in the InsurTech space, as Earnix explains.

AI-driven risk assessment propels the AI in insurance market to $141bn...

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...

InsurTech startup Outmarket AI lands $4.7m to modernise commercial insurance workflows

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

Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving...

Akur8, a leading provider of machine learning-powered pricing and reserving solutions for insurers, has expanded its strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services.
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