Tag: Commercial Insurance

In a fast-evolving insurance landscape, traditional manual methods for policy comparison are increasingly inadequate.

Frank Winston Crum Insurance has adopted Akur8’s AI-powered platform to upgrade its risk modelling, pricing, and reserving strategy. The insurer aims to drive profitable growth by developing models in-house and gaining deeper insights into experience data.

Insurance brokers face mounting pressure to process vast amounts of paperwork quickly and accurately. From quotes and binders to renewals and policies, even minor...

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...

SiriusPoint has unveiled a new strategic partnership with Holmes Murphy, one of the largest independent insurance brokerages in the US. The partnership sees SiriusPoint working...

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

Outmarket AI, a newly launched intelligence platform designed to transform the commercial insurance sector, has raised $4.7m in a seed funding round.

CoverForce, a New York-based InsurTech platform focused on enhancing infrastructure and connectivity within the commercial insurance sector, has raised $13m in a Series A funding round.

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

Digital insurance broker UpCover, which specialises in commercial insurance solutions, has raised $19m in a Series A funding round to accelerate the growth of its platform.