Inari bags $5.2m to revolutionise global insurance tech infrastructure
Inari, described as a "core technology infrastructure provider for the global insurance and reinsurance industry", has successfully secured $5.2m in a seed funding round. This was led by Caixa Capital Risc, operating through Criteria Venture Tech.
Layr’s leap forward: securing $10m to modernise insurance tech for brokers
Layr, an Insurtech company for independent commercial insurance brokerages, has secured $10m in its recent funding round.
PURE Insurance makes leadership changes amid growth plans
Privilege Underwriters, Inc. (PUI) and the affiliated companies of the PURE Group of Insurance Companies have announced two new leadership appointments, as the brand positions itself for future growth.
How to master IPA implementation
Intelligent Process Automation (IPA) has emerged as a game-changer in the business landscape, promising streamlined operations, cost savings, and enhanced customer experiences. However, the journey towards reaping these benefits is fraught with challenges that can derail projects and impede progress, as Simplifai explains.
InsurTech Tractable to speed up disaster recovery in Fiji using AI
InsurTech Tractable, has partnered with The UN Capital Development Fund (UNCDF), to bring the speed and accuracy of artificial intelligence (AI) to disaster recovery in Fiji.
NFU Mutual selects FRISS to automate and streamline trust
NFU Mutual, an insurer in the UK, has selected FRISS to automate trust throughout its policy and claim lifecycle. FRISS is an AI-powered fraud, risk...
Is the price really right? A look at US commercial P&C insurance pricing in...
The 2023 landscape of the US Commercial P&C market reveals that traditional understandings of pricing are perhaps outdated. An overwhelming 78% of insurance providers...
Akur8 and Ohio Mutual Insurance Group form strategic alliance for advanced insurance pricing capabilities
Akur8, known for its next-generation insurance pricing solution powered by transparent machine learning, has recently announced a strategic partnership with Ohio Mutual Insurance Group.
EIS launches ClaimSmart™ to drive down the cost of claims
EIS, a leading provider of Software as a Service (SaaS) platforms for the insurance industry, is set to introduce ClaimSmart™, an intelligent cloud solution designed to revolutionise claims management.
Insurance risk management startup Intelligent AI secures £2m
Intelligent AI, which claims to be disrupting insurance risk management with AI and data analytics, has reportedly raised £2m in seed funding.