Tag: AI in Insurance

Cytora unveils AI-driven automation for risk workflows

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...

LatAm FinTech investments increased by 13% QoQ in Q2 as investors’...

Key LatAm FinTech investment stats in Q2 2025: LatAm FinTech funding increased by 13% QoQ in Q2 2025 Average deal value increased to $15.9m...

AI transforms AML compliance in insurance

In today’s evolving financial crime landscape, the insurance sector is facing increasing scrutiny. Long considered a low-risk area, both life and non-life insurance products are now being exploited for money laundering, sanctions evasion, and fraud.

AI-powered cyber underwriting expands with Markel, Cyberwrite

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...

Nearmap acquires itel to create all-in-one property intelligence platform for insurers

Nearmap has revealed its plans to acquire itel, a move that will bring together two respected names in the property intelligence and insurance claims ecosystem.

Specialty insurance SaaS leader Tinubu secures $45m to expand AI-driven platform

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

IntellectAI launches Magic Placement to transform insurance document comparison with AI

IntellectAI has launched Magic Placement, a new AI-driven tool designed to streamline insurance policy comparison for agents, brokers, and wholesalers.

IntellectAI unveils expert agents to transform commercial underwriting

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...

74% of insurers are prioritising digital transformation and tech adoption in...

74% of insurers are prioritising digital transformation and tech adoption in 2025 43 leading insurance C-level executives from across more than 10 countries...

US reinforced its global InsurTech market dominance securing half of Q1...

Key Global InsurTech investment stats in Q1 2025: Global InsurTech funding increased by 59% YoY US reinforced its global InsurTech market dominance securing half...

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