Tag: insurtech

Akur8 Deploy named a Luminary by Celent in 2026

Akur8, the actuarial AI platform operating on a global scale, has seen its cloud-based insurance rating engine, Deploy, awarded Luminary status by research and...

ZestyAI water risk model now accepted in 22 US states

ZestyAI, a San Francisco-based InsurTech offering a risk decision platform to insurers, has secured regulatory acceptance in Minnesota and Maryland for Z-WATER, its AI...

Kalepa raises $75m to scale AI across insurance

Kalepa, the New York-based InsurTech developing artificial intelligence for insurance professionals, has raised $75m in a Series B funding round at a $470m valuation,...

SC Ventures and SBI back Soter’s digital asset insurance push

Soter Insure has secured strategic backing from Standard Chartered's SC Ventures and Japan's SBI Group, strengthening its relationships with established financial institutions as it...

ClearScore shuts down DriveScore telematics app

ClearScore, the credit score and report platform, is shutting down its DriveScore driving behaviour app on 3 December 2026, ending a service that allowed...

Why insurers are struggling to scale AI adoption

AI is gaining traction across the insurance industry, with businesses exploring its potential to reshape everything from underwriting and pricing to claims management. However,...

Why fragmented sales channels are costing financial firms

Financial institutions rarely sell through a single route. A typical insurer, bank or wealth manager runs a website or app, a team of employed...

Mitchell expands AI estimating to collision repairers

Automotive technology provider Mitchell has expanded its AI-powered vehicle damage estimating software to collision repair businesses, with Crash Champions becoming the first multi-site operator...

Lazarus AI raises $43m as firms fight for control of AI

Lazarus AI, a provider of production AI for heavily regulated organisations, has secured $43m in fresh funding to scale a platform designed to let...

Targa Telematics targets global growth with new InsurTech hire

European AIoT specialist Targa Telematics has appointed Marco Amendolagine as head of business development insurance, as the company looks to strengthen its position in...

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