Data/Intelligence

Liberty Mutual Reinsurance has announced its involvement in a new partnership aimed at supporting Kenyan coffee growers through innovative insurance solutions.

Liberty Mutual Re, Sprout, and Britam join forces to launch insurance solution for Kenyan...

Liberty Mutual Reinsurance has announced its involvement in a new partnership aimed at supporting Kenyan coffee growers through innovative insurance solutions.
Hiscox, a global specialist insurer known for its tailored insurance solutions, has announced the launch of the London insurance market's first lead underwriting model enhanced by generative AI.

Hiscox debuts generative AI-enhanced lead underwriting model in collaboration with Google Cloud

Hiscox, a global specialist insurer known for its tailored insurance solutions, has announced the launch of the London insurance market's first lead underwriting model enhanced by generative AI.
Howden Re, a global reinsurance broker known for its innovative risk transfer solutions, has announced a new partnership with Temblor Inc, a catastrophe modelling company that specialises in seismic hazard and risk assessment.

Howden Re partners with Temblor to enhance earthquake risk modelling in Turkey

Howden Re, a global reinsurance broker known for its innovative risk transfer solutions, has announced a new partnership with Temblor Inc, a catastrophe modelling company that specialises in seismic hazard and risk assessment.
Walnut, an innovative company in the insurance distribution sector, has successfully closed a $4.6m funding round.

Walnut raises $4.6m to revolutionise embedded insurance distribution

Walnut, an innovative company in the insurance distribution sector, has successfully closed a $4.6m funding round. The funding round was led by NAventures, the corporate...
Artificial Intelligence (AI) is revolutionising the insurance sector by enhancing underwriting, claims processing, customer service, and product development. The technology has already shown its value in automating manual tasks, improving risk assessments, detecting fraud, personalising customer interactions, and enabling predictive pricing.

The ethical implications of AI in insurance

Artificial Intelligence (AI) is revolutionising the insurance sector by enhancing underwriting, claims processing, customer service, and product development. The technology has already shown its value in automating manual tasks, improving risk assessments, detecting fraud, personalising customer interactions, and enabling predictive pricing.
Aon, a global professional services firm, and Columbia University, an Ivy League research university based in New York, have renewed their partnership until 2027 to enhance research on the correlation of climate risk between various perils and regions.

Aon and Columbia University extend partnership to enhance climate risk research

Aon, a global professional services firm, and Columbia University, an Ivy League research university based in New York, have renewed their partnership until 2027 to enhance research on the correlation of climate risk between various perils and regions.
ZestyAI, the leading provider of climate and property risk analytics solutions, has unveiled its newest solution, designed to address the increasing frequency and severity of non-weather water and freeze claims.

ZestyAI unveils AI-powered model for non-weather water claims

ZestyAI, the leading provider of climate and property risk analytics solutions, has unveiled its newest solution, designed to address the increasing frequency and severity of non-weather water and freeze claims.
Roadzen Inc., a global leader in AI at the convergence of insurance and mobility, has secured an extension of its loan maturity date and an additional $4m in capital from Mizuho Securities.

AI-driven insurance firm Roadzen secures $4m funding from Mizuho Securities

Roadzen Inc., a global leader in AI at the convergence of insurance and mobility, has secured an extension of its loan maturity date and...
Applied Systems®, a leading provider of cloud-based software that powers the business of insurance, has announced the general release of an all-new data analytics capability.

Applied Systems launches all-new data analytics capability for US and Canadian markets

Applied Systems®, a leading provider of cloud-based software that powers the business of insurance, has announced the general release of an all-new data analytics capability.
New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers since the Consumer Duty Act was implemented in July 2023.

UK insurance firms struggle to meet Consumer Duty Act expectations

New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers...

News Stories

IMTF

Babel Street, IMTF unite to set new standards in international compliance technologies

Babel Street and IMTF, two leaders in regulatory technology, have announced a strategic partnership that introduces advanced multi-lingual name screening capabilities within IMTF's SironOne platform.
Tide unveils carbon calculator to help SMEs achieve net zero

Tide unveils carbon calculator to help SMEs achieve net zero

Tide, a leading business financial platform in the UK, has unveiled a new automated carbon calculator in partnership with carbon measurement specialist Connect Earth.
Akur8 and AAIS collaborate to revolutionise predictive modelling in P&C insurance

Akur8 and AAIS collaborate to revolutionise predictive modelling in P&C insurance

Akur8, a cutting-edge provider of insurance pricing and reserving solutions powered by transparent machine learning, has partnered with the American Association of Insurance Services (AAIS), a leading not-for-profit advisory organisation supporting the Property & Casualty (P&C) insurance industry.
Anitian raises $7m Series D funding to drive AI-powered compliance innovation

Anitian raises $7m Series D funding to drive AI-powered compliance innovation

Anitian, a leading provider of compliance automation solutions, has closed a $7m Series D funding round, strengthening its position in the RegTech sector.
Data security leader Cyera secures $300m Series D, hitting $3bn valuation

Data security leader Cyera secures $300m Series D, hitting $3bn valuation

Cyera, a leader in AI-driven data security, has raised $300m in its Series D funding round, achieving a valuation of $3bn.

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