Insurance

798 articles tagged with this keyword

/ai

Latin American insurtech 180 Seguros raises $9m

180 Seguros, the largest insurtech in Latin America, operating under a B2B2C model with proprietary technology and applying AI across the entire insurance value chain, has just raised US$9M.

/ai

Eleos Life launches life insurance AI co-pilot

Eleos Life is launching Theea, the first AI-powered digital co-pilot designed specifically for life insurance. Theea delivers the same trusted quality and support customers would expect from agents and brokers — but with the speed and clarity of AI.

/regulation

FCA’s targeted support proposal sparks debate on advice boundaries and consumer access

The UK's Financial Conduct Authority (FCA) has released rules for targeted support, which would allow organisations to provide guidance to specific consumers on financial products that would best suit them.

/wholesale

Sapiens to be acquired by Advent for $2.5 billion

Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), “Sapiens” or the “Company”), a global leader in intelligent SaaS-based software solutions to the insurance industry, today announced that it has entered into a definitive agreement (the “Agreement”) to be acquired by Advent, a leading global private equity investor, for $43.50 per common share, in an all-cash transaction that values Sapiens at an equity value of approximately $2.5 billion.

/ai

VYRD and ZestyAI partner for home insurance analytics

VYRD, a Florida-based homeowners insurance company focused on delivering stability and protection in a challenging coastal market, has partnered with ZestyAI, the leading provider of AI-powered property risk analytics, to gain deeper visibility into property condition and risk exposure across its book of business.

/startups

Datos Insights acquires UK startup InsTech

Datos Insights, a leading global provider of data and advisory solutions to the financial services and insurance industries, has announced the acquisition of InsTech, the prominent London-based insurance innovation community and advisory firm.

/people

Insurance market Lloyd's names COO

Lloyd’s, the world's leading insurance and reinsurance market for global risk, has today announced that Stephane Flaquet has been appointed as Chief Operating Officer (COO).

/security

DynaRisk raises $4.7m to shape the future of cyber insurance

London-based cyber risk management firm DynaRisk has today announced a $4.7million funding round led by YFM Equity Partners (YFM) to accelerate product innovation and fuel international expansion.

/crime

Mosaic launches cyber insurance for digital assets companies

Mosaic Insurance has entered the digital asset market, launching a combined cyber and financial institutions (FI) crime product that provides robust protection to the rapidly growing, yet historically underserved sector.

/security

Cybersecurity vendor Intersys launches in India

Cybersecurity and IT services provider Intersys has launched operations in India with a focus on helping re/insurers and brokers grow their cyber insurance business by improving the cyber risk profile of policyholders.

/ai

Study reveals insurers reliance on AI for investment

Insurance investment managers and investment managers working for insurers are increasingly using AI to guide and improve their investment strategy as spending on new applications increases, a new global study* shows.

/ai

ZestyAI launches AI agent for insurers

ZestyAI, the leader in AI-driven risk analytics for insurance, today announced the launch of ZORRO Discover™, a generative AI agent that delivers instant insights into regulatory filings and competitive market activity.

/retail

Yasmina Embedded Insurance raises $2m

Yasmina Embedded Insurance has raised $2 million in seed money to become the first embedded insurtech platform in Saudi Arabia. Scene Holding led the round, co-led by Access Bridge Ventures, with participation from Arzan VC and early backing from the Sanabil Investment Accelerator by 500 Mena.

/wholesale

Zurich expands Cowbell collaboration

Cowbell, a leading provider of cyber insurance for small to medium-sized enterprises (SMEs) and middle-market businesses, today announced a major expansion of its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America (Zurich) within the United States.

/ai

BIBA issues AI guide for British insurers

The British Insurance Brokers’ Association (BIBA), with the support of Markel, has launched a new guide to help members understand how Artificial Intelligence (AI) might be beneficially incorporated into their business.

/identity

Instnt partners Munich Re to bolster ID fraud loss insurance coverage

Instnt announces a strategic partnership with Munich Re to expand reinsurance capacity for its innovative Fraud Loss Insurance product.

/ai

Aon launches AI platform for commercial insurance placement

Aon, a leading global professional services firm, today announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process.

/ai

SmartStream expands AI reconciliation and data management to insurance sector

SmartStream, the financial Transaction Lifecycle Management (TLM®) and solutions provider, has announced the expansion of its AI-driven reconciliation and data management platform, SmartStream Air, into the insurance sector. This move aims to help insurers tackle fragmented data challenges, reduce operational costs, and strengthen compliance through robust audit trails.

/ai

ZestyAI secures deal with Kin Insurance

ZestyAI today announced a new partnership with Kin Insurance, a direct-to-consumer, digital home insurance provider committed to serving catastrophe-exposed markets.

/retail

Ageas joins Financial Services Skills Commission

Ageas, one of the biggest car and home insurers in the UK, has joined the Financial Services Skills Commission to help equip its 2,200 employees with the skills they need for fulfilling careers in financial services.