Tag: Generative AI

Styx Intelligence, a Canada-based cybersecurity company specialising in AI-driven digital risk protection, has closed an oversubscribed $2.7m seed funding round. The funding was led by...

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.

PIMFA WealthTech, the innovation arm of the Personal Investment Management & Financial Advice Association (PIMFA), has partnered with Morningstar to launch a new AI-focused Tech Sprint, aimed at solving key operational challenges in the wealth management sector.

Dataminr has successfully secured $85m in a new funding round, and the investment was led by NightDragon and HSBC.

Orion Security, an innovative cybersecurity company, has successfully completed a $6m Seed funding round.

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

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

As 2025 unfolds, the wealth management sector finds itself at a pivotal moment, shaped by global economic shifts, technological advancements, and evolving investor expectations. A combination of geopolitical uncertainty, demographic changes, and digital transformation is forcing firms to reassess their strategies to remain competitive in an increasingly complex environment.

Auditoria.AI, a provider of agentic AI solutions for corporate finance, has raised $38m in an oversubscribed Series B funding round.

Artificial intelligence (AI) is increasingly vital in transforming risk management within the financial industry.