Infrastructure/Back-end

Cytora has introduced Unified Risk Reasoning, an AI-powered tool designed to fully automate risk data workflows for insurers. This new release enhances Cytora’s digital risk...

Saudi Arabia-based Yasmina Embedded Insurance has raised $2m in seed funding to accelerate the growth of its API-powered InsurTech platform.

Wefox, an InsurTech specialising in smart insurance distribution and MGA services, has raised €151m to support its new growth strategy.

The insurance sector is at an important crossroads. It is currently in a period of increased competition and market pressure, meaning existing growth and profitability strategies are under strain. They need to find a way to cope with this market pressure but not stifle their future growth.

Cyberwrite has expanded its partnership with Markel Insurance to enhance underwriting and cyber risk modelling across Europe using AI-driven analytics. Markel Europe has been using...

Frank Winston Crum Insurance has adopted Akur8’s AI-powered platform to upgrade its risk modelling, pricing, and reserving strategy. The insurer aims to drive profitable growth by developing models in-house and gaining deeper insights into experience data.

Tinubu, a global provider of enterprise software for the specialty insurance sector, has secured $45m in growth capital to accelerate innovation and international expansion.

Bestow, a technology provider for the life insurance sector, has raised $120m in an oversubscribed Series D funding round as it continues to reposition itself as a core technology partner for carriers.

IntellectAI has launched a new generation of AI-powered underwriting agents designed to bring genuine underwriting expertise into automated insurance workflows. While many AI tools rely...

SavvyMoney, a provider of financial wellness tools and personalised loan offerings, has announced a new integration with TruStage to streamline loan application processes for financial institutions and their consumers by embedding insurance options into the system.