InsurTech

Honeycomb secures $40m to expand real estate insurance

Honeycomb Insurance, a Chicago-headquartered digital insurer specialising in apartment buildings and condo associations, has closed a $40m funding round, bringing its total capital raised...
Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes can generate measurable business value, they must navigate data pipelines, product requirements, governance reviews, IT systems and deployment workflows. Increasingly, that journey involves far more than actuaries alone.

Insurance pricing success now depends on team alignment

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes...
Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according to Earnix.

Auto lenders face pricing rethink as affordability strains grow

Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according...
Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business.

Admiral completes acquisition of connected fleet InsurTech Flock

Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business. The...
Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity gains and support wider adoption across the business.

WTW unveils AI tool to identify workforce productivity gains

Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity...
Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

Honeycomb Insurance raises $40m in Zeev Ventures-led round

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full automation.

INSTANDA launches Clear underwriting platform

INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full...
Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation towards large-scale operational deployment.

Decerto enhances AI claims automation for insurers

Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation...
Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform.

Cytora and Geoskop boost climate risk underwriting

Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform. The partnership will...
Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers, agency networks and other distribution partners.

InsurTech Producerflow launches Partner Portal for carriers

Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers,...

News Stories

Adaptive Insurance taps ZestyAI for storm risk underwriting

AI storm risk tool integrated into Adaptive Insurance platform

Adaptive Insurance, a specialist provider of climate-focused insurance products, has selected ZestyAI, an AI-powered risk and decision intelligence platform, to integrate property-level storm risk scoring into its wind and hail underwriting and pricing programmes.
crime

Has the traditional financial crime model reached its limit?

The traditional financial crime operating model was built for a different era. For decades, financial institutions have relied on separate functions, technologies and processes...
Reset raises $6m seed round led by credit union customers

Reset raises $6m seed round led by credit union customers

Reset, an embedded earned wage access (EWA) platform designed for credit unions and community banks, has closed a $6m seed funding round, bringing its...
Revolut launches 5% savings rate for new UK customers

Revolut launches 5% savings rate for new UK customers

Revolut, the licensed UK bank, has unveiled a market-leading 5% AER (variable) savings rate for new customers in the UK, available until 4th December...
Backbase and Mastercard partner on cross-border payments

Backbase and Mastercard partner on cross-border payments

Backbase, a provider of AI-native banking software, has announced a strategic collaboration with payments giant Mastercard to embed Mastercard Move, Mastercard's suite of global...

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