Category: Insurtech (Insurance Technology)

Clearspeed has partnered with 1st Central to integrate its voice-based risk assessment technology into the insurer’s claims processing system. This collaboration aims to accelerate legitimate…

Munich Re, a global reinsurance leader, has announced its $2.6 billion acquisition of NEXT Insurance, a digital insurer focused on small businesses. Set to integrate…

TheGuarantors has enhanced its renters insurance offerings by acquiring insurance verification technology from Covie, a Y Combinator-backed firm. This acquisition bolsters their Zero-Gap Renters Insurance…

In the insurance industry, Generalised Linear Models (GLMs) are commonly used for pricing, but they have significant limitations. GLMs assume full credibility of data and…

Edenred Payment Solutions has launched a Virtual Card Number product to streamline insurance claims payments in the UK, significantly reducing processing times that typically take…

Artio, a climate-focused insurance provider, has launched a pioneering carbon credit delivery insurance product, supported by major insurers such as Tokio Marine HCC International, Markel,…

ZestyAI has received regulatory approval for its Severe Convective Storm (SCS) Suite in multiple states, including Oklahoma and North Carolina, enhancing risk assessment for over…

In response to rising cyber threats, leaders in insurance and cybersecurity are urging the industry to enhance cyber resilience. A recent roundtable by Intersys highlighted…

Yokahu has launched cat-risk.com, the first independent many-to-many parametric exchange, aiming to revolutionize disaster risk finance in the London re/insurance market. This platform enhances accessibility…

Peak3, a cloud-based InsurTech company, has raised $35 million in a Series A funding round to expand its presence in the UK and European markets.…