Tag: AI in Insurance

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...

How AI expert agents are transforming insurance underwriting workflows

AI expert agents are emerging as powerful tools in the insurance industry, reshaping the underwriting process by mimicking human decision-making. As artificial intelligence continues to evolve, these agents stand out from traditional AI models by reasoning through complex situations and taking action in a way that mirrors how underwriters work in real life.

Sixfold launches AI Accuracy Validator to enhance underwriting confidence

Sixfold, a pioneer in generative AI solutions for insurance risk analysis, has launched its AI Accuracy Validator, a tool designed to improve underwriter confidence...

India cemented its place as the leading InsurTech hub in Asia...

Key Asian InsurTech investment stats in 2024: Asian InsurTech deal activity dropped by 64% YoY India secured over a third of the Asian InsurTech...

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