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Tuio, a Spain-based digital insurer, and WaniWani, an AI distribution infrastructure provider, have achieved a major industry first after OpenAI approved the launch of an insurance provider–built AI application on ChatGPT.

Tuio and WaniWani bring real-time home insurance quoting to ChatGPT

Tuio, a Spain-based digital insurer, and WaniWani, an AI distribution infrastructure provider, have achieved a major industry first after OpenAI approved the launch of...
SCOR, a global reinsurer, has expanded its partnership with Baobab Insurance, a German digital risks managing general agent (MGA) specialising in cyber insurance, by extending underwriting capacity to significantly larger companies in Germany and Austria.

Baobab Insurance extends cyber cover with SCOR capacity boost

SCOR, a global reinsurer, has expanded its partnership with Baobab Insurance, a German digital risks managing general agent (MGA) specialising in cyber insurance, by...
Insurance professionals often focus on headline risks such as fire, theft or extreme weather when assessing potential losses. Yet a quieter, less obvious danger is quietly climbing the claims table, costing insurers and construction firms far more than many realise. This emerging threat is hard to detect, often preventable, and has the potential to cause significant financial and operational disruption if left unaddressed.

The new threat insurers can’t afford to ignore

Insurance professionals often focus on headline risks such as fire, theft or extreme weather when assessing potential losses. Yet a quieter, less obvious danger...
Gain Life, an InsurTech company providing AI-powered workflow automation for property and casualty (P&C) insurance operations, has announced a rebrand to Crosstie as it looks to expand its role across insurance workflows.

Gain Life rebrands to Crosstie to expand P&C automation

Gain Life, an InsurTech company providing AI-powered workflow automation for property and casualty (P&C) insurance operations, has announced a rebrand to Crosstie as it...
Global investment in InsurTech firms surpassed $420m in January, as investors continued to back artificial intelligence-driven platforms while concentrating capital into a smaller number of larger deals.

InsurTech funding reaches $420m in January as US firms secure mega deals

Global investment in InsurTech firms surpassed $420m in January, as investors continued to back artificial intelligence-driven platforms. Funding was led by two US-based insurers that...
Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers around the world.

InsurTech firm Sixfold secures $30m to advance AI underwriting

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers...
Five Sigma, the AI claims technology company, has been selected by Starr, a global investment and insurance organisation, to advance its digital claims transformation with AI-native solutions.

Starr adopts Five Sigma AI to transform claims operations

Five Sigma, the AI claims technology company, has been selected by Starr, a global investment and insurance organisation, to advance its digital claims transformation...
Akur8, a next-generation insurance pricing and reserving solution, announced the acquisition of Matrisk, an AI-driven platform that transforms unstructured regulatory filings into actionable market insights, strengthening Akur8’s AI capabilities and pricing offering.

Akur8 acquires Matrisk to enhance AI pricing platform

Akur8, a next-generation insurance pricing and reserving solution, announced the acquisition of Matrisk, an AI-driven platform that transforms unstructured regulatory filings into actionable market...
Insurity, a leading provider of cloud-based software for the property and casualty insurance sector, has announced the launch of its new Partner Program, an expanded initiative designed to strengthen collaboration across its growing global ecosystem.

Insurity strengthens ecosystem with new partner program launch

Insurity, a leading provider of cloud-based software for the property and casualty insurance sector, has announced the launch of its new Partner Program, an...
Quantexa, a global pioneer in Decision Intelligence (DI), has launched its Quantexa Accelerator for Decision Intelligence for Guidewire ClaimCenter, to boost claims intelligence for insurers.

Quantexa launches claims AI accelerator on Guidewire

Quantexa, a global pioneer in Decision Intelligence (DI), has launched its Quantexa Accelerator for Decision Intelligence for Guidewire ClaimCenter to boost claims intelligence for...

News Stories

Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals.  This represented a significant drop from the previous weeks. A...
How Majesco made the transition to becoming an AI-first company

How Majesco made the transition to becoming an AI-first company

While hype around AI has intensified recently, it has been around for decades, albeit confined to more niche and specific technology branches that lacked...
Allianz UK simplifies digital trading for SME brokers

Allianz UK simplifies digital trading for SME brokers

Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers...
WBS extends Quai Digital deal with fractional dealing

WBS extends Quai Digital deal with fractional dealing

WBS, a UK-based provider of dealing, custody and technology solutions for the investment sector, has agreed a five-year extension to its partnership with Quai...
Cardless strengthens executive team for next growth phase

Cardless strengthens executive team for next growth phase

Cardless, an AI-powered financial services platform that enables brands to launch and manage co-branded card programmes, has appointed Mark Troianovski as chief business officer...

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