Tag: Insurance Technology

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing...

InsurTech company InsuranceDekho, a platform enabling customers to compare and purchase various insurance products, has announced a new funding round set to raise up to $100m, according to a report from EnTrackr.

Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage. The...

Weecover, Spain's leading embedded insurance provider, has successfully raised €4.2m in its latest funding round as it sets its sights on international expansion. The funding...

US-based R.E. Chaix, a wholesale insurance brokerage firm specialising in multiple property and casualty (P&C) lines, has selected IntellectAI's end-to-end underwriting ecosystem, eMACH.ai Xponent, to enhance its wholesale and managing general agent (MGA) business.

Jove, a London-based InsurTech, has unveiled its innovative Pan-European Business Liability Insurance product. The launch comes after Jove’s successful £3.6m seed funding round, which has...

Previsico has partnered with Descartes Underwriting to offer businesses in the UK and Ireland advanced flood warnings and swift claims payments. This will be made...

The Earnix 2024 Industry Trends report revealed that nearly 75% of insurers have hundreds of rules embedded in their underwriting systems, with 18% stating...

Moody’s Corporation has announced its plans to acquire CAPE Analytics, a pioneer in geospatial AI intelligence for residential and commercial property risk evaluation.

Deep Vector, an AI platform specialising in the analysis of underwriting documents, has successfully completed its seed funding round, raising $1.5m.