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. The move will allow insurers to integrate advanced claims data and analytics directly into the ClaimCenter on Guidewire Cloud workflows. Now available worldwide on the Guidewire Marketplace, the accelerator integrates Quantexa’s Decision Intelligence platform with Guidewire...

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). The deal gives Tokio Marine a 1.65% holding in the company, acquired through 493,984 shares at US$10.12 each, joining existing investors including Openspace Ventures, Cathay Innovations, Blue Orchard and FinnFund, according to Fintech...

Technology, governance and methodology all play a part in shaping a financial crime risk assessment, but none of them determine whether it is truly useful in practice. According to Arctic Intelligence, the strength of any assessment is ultimately defined by the people involved — and by whether they are willing to be candid about how risk really shows up across...

Fourthline, a European provider of AI-powered identity verification and compliance solutions, has promoted Fleur de Roos to chief operating officer (COO), effective immediately. The firm provides technology that helps businesses verify identities and meet compliance requirements, positioning itself as a RegTech player focused on AI-driven processes that support onboarding and risk controls. De Roos steps into the COO role after serving...

Red Oak, a compliance connectivity platform for financial services, has appointed Michael Allain as chief revenue officer, as it looks to scale revenue growth and strengthen operational execution. The company positions itself as a modern compliance connectivity platform designed to connect key stages of the communications lifecycle across financial services, spanning content creation, review, distribution and supervision, as regulated firms...

AiStrike, a cybersecurity company pioneering AI-native, preemptive cyber defence, has secured fresh backing as it looks to reshape how security operations teams tackle fast-moving threats. The firm raised $7m in seed funding in a round led by Blumberg Capital, with participation from Runtime Ventures, Oregon Venture Fund, and strategic angel investors. AiStrike is positioning its platform as a response to what...

Skyway Underwriters, an AI-native managing general agent, and ResiQuant, a technology platform specialising in structural risk intelligence, have announced a strategic partnership to transform underwriting of coastal wind risk in Florida’s property insurance market. The partnership aims to modernise underwriting for Florida’s complex coastal property market, according to InsurTech Insights. Due to the extreme weather conditions that can affect the state,...

Antidote, an AI-powered billing compliance platform for global law firms, has raised fresh funding as it looks to reduce revenue leakage linked to manual invoicing checks. The company secured $5m in a Seed round led by Lakestar, with participation from Concept Ventures, The LegalTech Fund (TLTF) and a group of industry angel investors. Antidote is designed to help law firms manage...

Furl, a security remediation start-up focused on agentic AI for fixing security issues, has raised fresh funding as it looks to automate one of the most manual parts of enterprise cyber defence. The company said it had secured a $10m seed round led by Ten Eleven Ventures, with participation from Rapid7 CEO Corey Thomas and Open Opportunity Fund. Founded by veterans...

Vertafore®, an InsurTech provider, has updated Surefyre™, its low-code agent portal and underwriting workbench for MGAs and wholesalers, in a move that will save hours in the program setup process by automating the conversion of PDF submission forms into web applications. The updated platform introduces AI-backed functionality that enables program administrators to automatically transform PDF submission forms into digital web-based applications,...