Quandri has closed a US$1m Series A funding round to accelerate expansion of its artificial intelligence platform across North American insurance brokerages and agencies. Framework Venture Partners ...

The insurance industry, traditionally associated with complicated terms and hidden exclusions, might be on the brink of transformation to regain the trust of policyholders. This evolution is embodied ...

Monzo has launched a combined buildings and contents insurance product for homeowners, expanding its insurance portfolio following the April debut of contents cover for renters. The digital bank says ...

Lemonade, the digital insurance company, achieves a groundbreaking feat with a 2-second claim settlement, using AI and behavioural economics.

1886 Carl Benz applies for a patent for his latest invention, a vehicle that is powered by an engine. The motor car is born. Despite this, it would not be Germany, the country of Benz’s birth, that ...

Telematics makes its mark in healthcare through enhanced data insights, greater personalization, and effective risk management. Kannan Amaresh, Senior Vice President & Global Head of Insurance at ...

Risk assessment in the insurance industry is a critical process that involves identifying, evaluating, and quantifying risks associated with insurable assets and activities. This systematic approach ...

For this quarter at least, the tide has turned for InsurTech funding - it has risen to USD$1.27bn, its highest since Q1’23 The latest Gallagher Re Global InsurTech Report for Q2 2024 highlights ...

Insurers like Zurich and Allianz are steering the shift towards sustainable procurement, helping to shape a greener, more resilient future As society increasingly prioritises sustainability, companies ...

AXA XL introduces cyber insurance for generative AI risks, addressing data poisoning, copyright misuse and compliance with EU AI regulations ...

Digital-native TPA Reserv has sealed US$20m in Series A financing to expand its Generative AI claims data analysis tool. The latest capital raise is co-led by prolific investors Altai Ventures and ...

Lloyd's, the London-based insurance and reinsurance marketplace where underwriters and brokers negotiate coverage for complex risks, has published research indicating the global economy could face ...