Category : InsurTech

Fintech InsurTech News

​​Tinubu Raises $45 Million to Accelerate Specialty Insurance SaaS Leadership

EIN Presswire
by EIN Presswire0
Tinubu, a leading provider of cloud software for the specialty insurance industry, announced that it raised $45 million in growth capital, led by Morgan Stanley Expansion Capital, to support its vision of delivering next-generation solutions that enable specialty insurers worldwide to grow profitably while embracing transformative technologies such as AI.......
Fintech InsurTech News

Bestow Closes $120 Million Oversubscribed Series D Funding, Co-Led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital

PR Newswire
by PR Newswire0
Bestow tripled revenue in 2024, achieved 10x growth over two years, and expects to continue growing exponentially, with profitability on the horizon Bestow Inc., a leading insurance technology company, announced the close of a $120 million oversubscribed Series D funding round, including primary and secondary investments. The round was co-led by......
Artificial Intelligence InsurTech News

CLARA Analytics Unveils AI-Driven Subrogation Detection for Insurance Claims

Business Wire
by Business Wire0
Triage Enhancements Help Insurers Recover Millions in Missed Opportunities CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announced game-changing subrogation detection capabilities that promise to help insurers identify millions in previously missed recovery opportunities. The enhancements to CLARA’s flagship CLARA Triage product automatically identify potential......
Cloud InsurTech News

Majesco and Vertex Announce Partnership to Deliver Advanced Tax Solutions for Disability Claims and Absence Management

Business Wire
by Business Wire0
Majesco, a global leader in cloud insurance software solutions, is excited to announce a partnership with Vertex Inc., a global provider of indirect tax technology solutions. This partnership introduces the Majesco ClaimVantage solution utilizing Vertex tax expertise, delivering a transformative tax solution designed to empower customers with a comprehensive, seamless,......
Artificial Intelligence InsurTech News

Liberate and Snapsheet Announce Seamless Integration to Streamline Claims with AI-Powered Automation

PR Newswire
by PR Newswire0
Liberate, the leading conversational voice AI platform designed to transform the insurance industry, has announced a new partnership and pre-built integration with Snapsheet, an industry leader in modern claims management technology. This collaboration allows insurance carriers to go live with a fully automated, AI-driven claims experience—without the heavy lift. With......
Fintech InsurTech News

New Zywave Report Details Six Intensifying Forces Shaping the Insurance Landscape

PR Newswire
by PR Newswire0
‘Navigating the Escalating Risk Trajectory’ quantifies direct and indirect impacts of today’s heightened risk environment Leading insurtech Zywave released an industry special report, ‘Navigating the Escalating Risk Trajectory,’ that delineates six forces driving change in the risk and insurance landscape. The Zywave report analyzes the ever-expanding challenges confronting risk and insurance......
Fintech InsurTech News

Maritime AI startup Ceto Secures $4.8M To Expand Its Data-Driven Insurance Product, Transforming Risk Selection & Operational Efficiency at Sea

PR Newswire
by PR Newswire0
Ceto, the technology system reshaping the future of maritime insurance, announced a $4.8M fundraising round. The round was led by Dynamo Ventures, with participation from Howden Ventures, Signal Ventures, and Motion Ventures. Ceto captures and analyzes high-frequency data from commercial ships to improve insurance risk selection, reduce machinery failures, and enhance fuel efficiency. These insights are delivered through......
Finance Fintech InsurTech News

Experian Adds Root Insurance to Its Auto Insurance Portfolio

Business Wire
by Business Wire0
The latest addition to the Experian Insurance Marketplace expands affordable and personalized offerings for consumers Experian announced the expansion of its Experian Marketplace portfolio with the addition of Root Insurance, a leading technology company powering insurance solutions. This partnership gives consumers another carrier option for affordable and personalized car insurance......
Artificial Intelligence Finance Fintech InsurTech News

Insurants AI Introduces Revolutionary Submission Processing Solution to Enhance Underwriting Efficiency

PR Newswire
by PR Newswire0
Insurants AI, a trailblazer in insurance technology solutions, is thrilled to announce the launch of its new Submission Processing solution. This innovative tool is designed to read emails and their attachments—including briefing documents, Statements of Values (SOVs), Loss Runs, and more—to extract valuable information, improve data quality, and create consolidated......
Artificial Intelligence InsurTech News

Earnix, the Category Leader in Dynamic AI for the Insurance Industry, Acquires Zelros to Transform Insurers’ Business Performance

Business Wire
by Business Wire0
Earnix, the leading Dynamic AI platform for Insurance, announced that it has signed a definitive agreement to acquire Zelros, a pioneer in Generative AI for insurers and banks. This innovative collaboration will bring the power of predictive, generative, and agentic AI across the entire risk decisioning, personalization, and claims cycle,......
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