More passengers who were aboard an Alaska Airlines Boeing 737 jet when part of its fuselage blew out in J...
Small Business InsurTech Coterie Announces $27M Funding Round
Coterie, an InsurTech managing general agent focused on small business insurance, announced a raise of $27 million in new capital investment....
Coterie, an InsurTech managing general agent focused on small business insurance, announced a raise of $27 million in new capital investment....
Article / 6 days ago
Millennials Most Likely to Embrace AI in P&C Insurance
Out of any other generation, millennials are more likely to view AI as a positive development in P&C insurance, according to insights unveiled in Insurity’s 2024 AI in Insurance Report...
Out of any other generation, millennials are more likely to view AI as a positive development in P&C insurance, according to insights unveiled in Insurity’s 2024 AI in Insurance Report...
Article / 1 month ago
Small Business Focused InsurTech Rainbow Announces $12M Seed Round
Rainbow, a digitally-enabled managing general underwriter offering tailored small business insurance products, has announced $12 million raised in...
Rainbow, a digitally-enabled managing general underwriter offering tailored small business insurance products, has announced $12 million raised in...
Article / 2 months ago
InsurTech Wisedocs Closes $9.5M Series A Round
Wisedocs, a machine learning software-as-a-service for medical record review, indexing, and summarization, closed $9.5M in oversubscribed Series A financing. The Series A was led by...
Wisedocs, a machine learning software-as-a-service for medical record review, indexing, and summarization, closed $9.5M in oversubscribed Series A financing. The Series A was led by...
Article / 2 months ago
Generative AI Can Boost Insurance Industry Fraud Detection, Customer Service
Strategic implementation of generative AI can be a significant differentiator for stakeholders in the insurance industry, according to new research by Info-Tech...
Strategic implementation of generative AI can be a significant differentiator for stakeholders in the insurance industry, according to new research by Info-Tech...
Article / 2 months ago
Survey: U.S. Insurers Open to More Risk and AI Use in 2024 Investments
More than half (62 percent) of U.S. insurers are willing to take on more investment risk in 2024 despite mounting concerns about election year politics, fiscal and monetary...
More than half (62 percent) of U.S. insurers are willing to take on more investment risk in 2024 despite mounting concerns about election year politics, fiscal and monetary...
Article / 2 months ago
NAIC Approves Model Bulletin on Use of AI by Insurers
Members of the National Association of Insurance Commissioners (NAIC) voted to adopt the Model Bulletin on the Use of Algorithms, Predictive Models, and Artificial Intelligence...
Members of the National Association of Insurance Commissioners (NAIC) voted to adopt the Model Bulletin on the Use of Algorithms, Predictive Models, and Artificial Intelligence...
Article / 4 months ago
Several InsurTechs Unite to Launch InsurTech Coalition
Members from several InsurTechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the...
Members from several InsurTechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the...
Article / 4 months ago
Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs....
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs....
Article / 4 months ago
CoverForce Announces Product Suite Following Last Year’s $5M Seed Round
CoverForce, an independent insurance platform bringing comparisons and one-click buying to commercial insurance, unveiled its suite of products made for...
CoverForce, an independent insurance platform bringing comparisons and one-click buying to commercial insurance, unveiled its suite of products made for...
Article / 5 months ago