Tag: Risk management

Nationwide, a Fortune 100 financial services and insurance organisation based in Columbus, Ohio, and TrustLayer, an AI-powered risk management platform headquartered in San Francisco, have announced an innovative partnership.

Players Health, a leading provider of risk management and insurance solutions for sports organisations, has secured $60m in its Series C round. 

Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m).

Xceedance, a global leader in insurance-focused consulting, technology, operations support, and data solutions, has acquired Millennium Information Services, a major player in property inspection and data analytics in the US.

In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.

The insurance sector is witnessing a paradigm shift as carriers move beyond conventional loss control surveys to embrace service-oriented strategies. This evolution is fueled...

Sanctions serve as a powerful foreign policy instrument, exerted by governments to influence behaviour by penalising nations, entities, or individuals engaged in unlawful activities.

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses.

In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.