InsurTech stories
Wildfire-prone California will test Kingstone’s first expansion beyond the Northeast, with the insurer using property-level AI to price homes more precisely.
The insurer’s Asia Pacific digital and embedded insurance arm already spans more than 100 partners, including Cathay Pacific and Trip.com.
Banks and insurers could cut implementation times from months to weeks as FintechOS 8 adds governed AI and new product operations tools.
AI assistants can now query live workflow status and diagnostics, reducing reliance on dashboards for regulated firms using Adeptia's software.
Insurers face tighter pricing pressure as offshore wind farms in Europe expand into deeper waters and more exposed storm regimes.
Volotea’s 11 million annual passengers can now buy automatic cover for delays, lost bags and cancellations across its network.
The recognition could help Sapiens win cautious buyers in regulated sectors, where insurers and lenders need AI decisions they can explain and audit.
The new platform targets regulated firms seeking auditable AI processes, after Felix raised USD $1.7 million to expand beyond legal work.
The funding will help Rosella target smaller US businesses that insurers often serve slowly, using AI to cut brokerage admin from hours to minutes.
The deal is set to add immediate revenue and earnings, while keeping all DXLabs staff in place to support Vection’s Australian expansion.
Motorists in Northern Ireland could see broader insurer choice as richer quote-stage data aims to ease high premiums and attract more cover.
Homeowners can now get personalised retrofit advice and funding guidance as rising energy bills and weather risks boost demand for upgrades.
Families using Zurich life protection policies will get free help with probate, funeral arrangements and admin as grief costs climb.
South Korean bond buyers could see near real-time settlement if the pilot cuts the usual two-day wait and counterparty risk.
The insurer is expanding beyond London, with a permanent Manchester base set to house technology and data teams supporting global operations.
The Bristol startup’s pay-as-you-use platform targets firms in regulated sectors that need to automate customer contacts without long deployments.
Cost-of-living pressure is nudging MAS members towards tiny automatic KiwiSaver top-ups as Feijoa rounds up card spending.
Investors overseeing USD $350 billion in assets will join more than 300 startups in Singapore as AI shifts towards industrial uses.
Australian small businesses can now compare Public Liability and Professional Indemnity cover in ChatGPT, a first that shifts insurance discovery into AI.
Profitability in FY2025 caps a decade of expansion for the insurer, as adviser-led sales and wealth products helped drive growth in Singapore.