Infrastructure/Back-end

Layr, an Insurtech company for independent commercial insurance brokerages, has secured $10m in its recent funding round.

The insurance sector is grappling with a pricing tool dilemma. A significant 81% of insurers express doubts regarding the effectiveness of their current pricing technologies. One of the main culprits? Excel.

Sprout.ai, an "AI-led insurance claims automation company", has successfully secured an investment of £5.4m in a recent investment round. Spearheading this round were notable...

Pathpoint has revealed that it has experienced significant growth with over 14,000 registered agents and a 20% monthly increase in submission volume since partnering with Novidea.

Arturo, the property intelligence company that delivers portfolio-wide underwriting, risk and claims insights, has launched a new AI-powered claims module.

Akur8 and Guidewire, two trailblazers in the FinTech industry, are taking their partnership to new heights. Akur8, renowned for its next-generation insurance pricing solutions, has announced an impressive expansion of its collaboration with Guidewire, a key player in the industry. This expansion is bolstered by Guidewire's recent investment in Akur8.

Today, two prominent players, ZestyAI, renowned for its climate and property risk analytics solutions, and California FAIR Plan Association, recognised as California's primary property...

Canopy Connect, a leading platform dedicated to collecting, verifying, and monitoring insurance data, is elated to announce a successful $6.5m Series A funding round.

In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.

Hampden Risk Partners (HRP), a prominent Lloyd's syndicate, is making waves in the underwriting world. Optalitix, an esteemed InsurTech firm, stands out for its advanced data analytics solutions.