Tag: AI

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...

Carpe debuts Carpe Claims with three new AI products

Carpe, an AI-powered intelligence provider for the insurance industry, has rolled out Carpe Claims, a unified suite designed for what it calls the agentic...

Why fragmented AI is undermining P&C underwriting

Artificial intelligence is becoming central to the future of property and casualty (P&C) insurance, with carriers investing heavily in tools designed to improve underwriting,...

Genki acquires InsurTech Wave Claims and Claim OS

Genki, a provider of international health insurance for digital nomads and long-term travellers, has purchased Wave Claims, an InsurTech startup headquartered in Cologne, along...

Scienaptic AI bets on smarter lending at Communication FCU

Communication Federal Credit Union, an Oklahoma City-based lender with $2.3bn in assets, has deployed Scienaptic AI’s credit decisioning platform as it looks to expand...

FIS taps Anthropic’s Mythos 5 to harden payment systems

FIS, a global FinTech giant listed on the NYSE, has extended its partnership with Anthropic, adopting the AI firm's Mythos 5 model to bolster...

Why producer onboarding and compliance are critical for insurers

The insurance sector has been battling a prolonged hard market for several years, but the market is shifting and growth is back on the...

Databricks to raise strategic funding at $188bn valuation

Databricks, the Data and AI company, has revealed plans for a strategic funding round that values the business at $188bn. The company has already signed...

Horizon Trade launches AI platform for systematic trading

Horizon Trade, an agentic platform designed to convert trading ideas into automated strategies, has officially launched with early support from Entrée Capital and a...

Can Oak’s $60m seed fix the identity security crisis?

Oak, a security company building what it calls an Identity Operating System, has stepped out of stealth with $60m in seed capital to take...

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