Tag: Underwriting

In the fast-moving Excess & Surplus (E&S) market, launching a new line of business typically takes anywhere between 12 and 18 months. Legacy system...

Billions of dollars are paid out in P&C insurance claims each year, yet many firms still underinvest in claims transformation. Kevin Reilley, CEO at Westhill...

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has invested in two startups, Atomic and Feathery, to advance innovation across the insurance...

Over half of U.S. homeowners are delaying critical repairs, according to new research from ZestyAI, potentially exposing insurers to $317bn in claims.

Insurance in 2025 can be categorised as a period of uncertainty. Global economic conditions, highly competitive markets and evolving customer demands are all contributing to a new era for insurance firms.

ZestyAI, a US-based InsurTech firm focused on AI-driven risk analytics for property and casualty insurers, has secured a $15m credit facility from CIBC Innovation Banking.

As insurers face growing pressure to meet rising customer expectations, the rush to adopt generative AI (GenAI) tools is putting accuracy at risk, according to M-Files.

GI Partners has announced the launch of a new tech-enabled managing general agency (MGA) platform, working alongside insurance veterans Brad Emmons and Brian Hanuschak.

IntellectAI has launched a new generation of AI-powered underwriting agents designed to bring genuine underwriting expertise into automated insurance workflows. While many AI tools rely...

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.