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AKUR8 and Verisk partner to modernise insurance rating

Akur8 and Verisk partner to modernise insurance rating

Akur8, a global actuarial AI platform, has joined the Verisk Strategic Alliance (VSA) partner network, enabling it to support customer-imported ISO Electronic Rating Content...
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.
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...
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...
Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and operate. In reality, as outlined in Akur8’s approach to pricing transformation, it tends to look far less dramatic and far more incremental.

The quiet overhaul reshaping insurance pricing models

Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and...
Transparency and governance in insurance pricing are becoming defining factors in how insurers design, deploy and defend pricing models. As pricing systems become more sophisticated and increasingly powered by advanced analytics and AI, the ability to clearly explain how decisions are made is no longer optional. It is central to operational credibility, regulatory confidence and internal trust, according to AKUR8.

Why transparency is reshaping insurance pricing strategy

Transparency and governance in insurance pricing are becoming defining factors in how insurers design, deploy and defend pricing models. As pricing systems become more...
The debate between Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs) has been a long-running fixture in actuarial pricing discussions. While it is often framed as a competition between “old” and “new” modelling approaches, practitioners increasingly recognise that the real issue is not superiority, but suitability.

Comparing the benefits of GLM and GBM for insurance pricing

The debate between Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs) has been a long-running fixture in actuarial pricing discussions. While it is...
Newrez, a US homeownership company, has expanded its partnership with digital insurance marketplace Matic to embed real-time homeowners insurance comparison and quoting directly into its HomeHub customer portal.

Newrez expands Matic partnership for real-time insurance comparison

Newrez, a US homeownership company, has expanded its partnership with digital insurance marketplace Matic to embed real-time homeowners insurance comparison and quoting directly into...
ZestyAI's Z-FIRE powers Windward's California move

ZestyAI’s Z-FIRE powers Windward’s California move

Windward Risk Managers, a US homeowners insurance specialist, has expanded its use of ZestyAI's risk intelligence platform to support its entry into the California...
Previsico appoints new CEO to drive US expansion

Previsico appoints new CEO to drive US expansion

Previsico, the live flood forecasting InsurTech spun out of Loughborough University, has named Mark Trumper as its new chief executive officer to steer the...

News Stories

Who is responsible when the AI adviser gets it wrong?

Who is responsible when the AI adviser gets it wrong?

With the growing adoption and capabilities of agentic AI, many wealth managers are looking to the technology as a way to grow their customers...
Global AI regulation splits what compliance teams face

Global AI regulation splits: what compliance teams face

Artificial intelligence is advancing at a pace that regulators are struggling to match, leaving businesses that build, deploy and use AI to navigate an...
Agentic payments expose blind spots in fraud controls

Agentic payments expose blind spots in fraud controls

As AI agents begin making purchases for customers, the financial crime controls built around human behaviour may be looking in the wrong place. According...
Why blocking shadow AI backfires for financial firms

Why blocking shadow AI backfires for financial firms

Financial institutions that respond to shadow AI by blocking unapproved tools may be making their exposure worse, not better, according to John Denham of...
LSEG: Why persistent oil prices could keep rates higher for longer

LSEG: Why persistent oil prices could keep rates higher for longer

The world's major central banks have shifted course in a matter of weeks, and according to analysis from LSEG Data & Analytics, the real...

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