Tag: Underwriting

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...

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in two technology-driven startups, Atomic and Feathery. The fund, launched in 2022,...

Hagerty has priced its upsized secondary offering of Class A common stock at $9.34 per share, with 9.7m shares being sold by Hagerty Holding...

Insurance in 2025 can be categorised as a period of uncertainty. Global economic conditions, highly competitive markets and evolving customer demands are all contributing...

ZestyAI, a US-based InsurTech company specialising in AI-powered risk analytics for the property and casualty insurance sector, has secured a $15m credit facility from CIBC Innovation Banking.

As expectations for speed and convenience rise, insurance companies are under growing pressure to deliver fast, seamless service to their clients. Yet, as M-Files warns, speed without accuracy—especially when deploying generative AI—can risk customer satisfaction and ultimately harm a firm’s reputation.

GI Partners has partnered with seasoned insurance executives Brad Emmons and Brian Hanuschak to launch a new technology-enabled managing general agency (MGA) platform.

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

AI expert agents are emerging as powerful tools in the insurance industry, reshaping the underwriting process by mimicking human decision-making. As artificial intelligence continues...

Nirvana Insurance, an AI-driven commercial trucking insurer, has secured an $80m Series C funding round, bringing its valuation close to $850m.