Tag: Property and Casualty Insurance

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...

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.

US-based R.E. Chaix adopts IntellectAI’s underwriting platform to scale operations

US-based R.E. Chaix, a wholesale insurance brokerage firm specialising in multiple property and casualty (P&C) lines, has selected IntellectAI's end-to-end underwriting ecosystem, eMACH.ai Xponent, to enhance its wholesale and managing general agent (MGA) business.

Farm Bureau Insurance Company of Idaho and Akur8 team up to...

Farm Bureau Insurance Company of Idaho has partnered with Akur8 to enhance its pricing capabilities through advanced machine learning. Farm Bureau Insurance Company of Idaho,...

Akur8 and Utica First team up to revolutionise insurance pricing with...

Akur8, renowned for its next-generation InsurTech pricing and reserving solutions, has teamed up with Utica First, a leader in small business and personal lines insurance.

HOMEE secures $12m in Series C funding to enhance AI claims...

HOMEE, an AI-driven direct repair network for the Property and Casualty (P&C) insurance industry, today announced the successful closure of its Series C funding round, amassing $12m.

Honeycomb secured the biggest US InsurTech deal in H1 as deal...

Key US InsurTech investment stats in H1 2024: US InsurTech deal activity for the first half of the year dropped by 43% YoY The...

Funding for InsurTech companies in US dropped by 67% YoY as...

Key US InsurTech investment stats in Q2 2024: US InsurTech funding dropped by 67% YoY during the second quarter The average deal size completed...

LB Forsikring teams up with Akur8 to revolutionise P&C insurance pricing

Akur8, a pioneer in insurance pricing solutions utilising transparent machine learning, has recently partnered with LB Forsikring, a prominent Danish property and casualty (P&C) insurance firm.

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