Tag: insurtech

Earnix says insurers must rethink technology investment

Insurers are investing heavily in cloud infrastructure, artificial intelligence (AI) and digital transformation, but many continue to struggle to translate those investments into faster...

Why insurers need better decisions, not more technology

Despite increasing investment in cloud infrastructure, artificial intelligence (AI) and digital transformation, insurers continue to struggle to turn technological advances into faster business decisions....

PRA move could free smaller firms from outdated limits

The Prudential Regulation Authority (PRA), the UK body responsible for supervising banks, insurers and credit unions, has put forward plans to tie 128 regulatory...

Rein Security lands $25m as AI agents outrun security

Rein Security, an AI-native platform protecting enterprises at runtime, has secured $25m in a Series A round as companies race to hand autonomous AI...

reThought Flood bets on Vertafore to widen flood reach

Vertafore, an insurance distribution technology provider, has secured a new MGA partner, with private flood specialist reThought Flood adopting its PL Rating platform to...

Amica expands Flume partnership to tackle water claims

Amica Insurance, a Rhode Island-based mutual insurer, is expanding its relationship with Flume to offer eligible home insurance policyholders free smart water monitoring in...

From pilot to scale: insurance’s IoT challenge

Insurance firms have spent the past several years experimenting with and piloting Internet of Things (IoT) technology to see how the technology could improve...

KYND targets hidden AI risk facing cyber insurers

As businesses adopt artificial intelligence across their operations, cyber insurers are facing a growing challenge in assessing how those technologies could affect their clients'...

Earnix: generic AI is now table stakes for insurers

Generative AI has quickly become a standard productivity tool, but insurers may need to move beyond general-purpose applications if they want to gain a...

Ledgebrook raises $200m to scale AI underwriting for complex risks

Ledgebrook, a Boston-based InsurTech developing AI-native technology for specialty insurance, has raised $200m in primary equity funding to expand its underwriting of complex and...

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