Tag: AI-powered insurance

AI-led insurer Honeycomb grows footprint via Trisura

Honeycomb Insurance has announced a partnership with Trisura Insurance Company to expand its admitted capacity across 18 US states. The move supports Honeycomb’s continued growth,...

Nirvana raises $80m to expand AI-driven trucking insurance platform

Nirvana Insurance, an AI-driven commercial trucking insurer, has secured an $80m Series C funding round, bringing its valuation close to $850m.

AI-driven InsurTech CompScience raises $27.6m to enhance workplace safety

CompScience, an AI-driven InsurTech focused on workplace safety, has secured $27.6m in a Series B funding round led by Sands Capital.

AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

Adaptive Insurance, a Texas-based climate resilience company, has secured $5m in a seed funding round to accelerate the rollout of its AI-driven parametric insurance solutions aimed at protecting businesses from climate-related disruptions.

Investor caution drives one-third drop in US InsurTech funding in 2024

Key United States InsurTech investment stats in 2024: US InsurTech funding dropped by a third in 2024 YoY Deals over $100m declined by 38%...

Lemonade’s game-changing homeowners insurance hits France

Lemonade, a trailblazer in the digital insurance sector, has extended its repertoire of services to include homeowners insurance in France, enriching its already fruitful partnership with BNP Paribas Cardif.

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