Tag: underwriting automation

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,...

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 LatAm FinTech investment stats in Q2 2025: LatAm FinTech funding increased by 13% QoQ in Q2 2025 Average deal value increased to $15.9m...

Insurance brokers face mounting pressure to process vast amounts of paperwork quickly and accurately. From quotes and binders to renewals and policies, even minor...

Artificial intelligence (AI) is having a profound impact on insurance underwriting, transforming long-established processes and significantly improving insurers’ capabilities. From improving risk assessment to...

Key Global InsurTech investment stats in Q1 2025: Global InsurTech funding increased by 59% YoY US firms secured half of all InsurTech deals in...

Cytora, an AI-powered risk digitisation platform, has announced its availability on Google Cloud Marketplace, as it looks to enhance accessibility for insurers, managing general...

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

As the insurance sector continues its digital metamorphosis, AI and technology are at the forefront of this revolution, promising to reshape underwriting processes. These...

Cytora, a leading digital risk processing platform, has formed a strategic partnership with Xapien, an innovative company known for its AI-powered due diligence capabilities.