Tag: Insurance Technology

General Magic, an AI agent platform for the insurance industry, has closed a $7.2m seed funding round, bringing its total raised to $8.4m. The round...

Artificial Labs, a provider of digital broking and underwriting technology for the specialty and commercial insurance markets, has completed a $45m Series B funding...

Cytora has entered a new partnership with Pilotbird as it looks to strengthen fraud detection and claims accuracy for commercial and property and casualty insurers.

Underwriting has long been held back by fragmented systems, repetitive manual work, and slow data gathering. Traditional processes force underwriters to jump between emails, spreadsheets,...

Key Canadian FinTech investment stats in Q3 2025: Canadian FinTech investments halved QoQ in Q3 Average deal value dropped by 46% to $9.5m as...

AI-focused commercial insurer MGT, which uses vertical AI to modernise property and casualty (P&C) insurance for small businesses, has raised $21.6m in an oversubscribed...

Key European FinTech investment stats in Q3 2025: European FinTech deal activity dropped by 8% QoQ in Q3 UK firms accounted for over a...

A recent case in the UK has highlighted the growing issue of fraudulent hotel bookings. A man who “was forced to cancel” 14 holidays...

Assurant has launched HOIVerify Origination, a new platform designed to automate insurance verification during mortgage loan origination. The Fortune 500 global protection company said the...

Applied Systems has announced the acquisition of Cytora, a specialist in digital risk processing, as part of its push to expand AI-driven insurance solutions.