Category : InsurTech

Cloud InsurTech News

1 in 5 Consumers Avoid Filing Claims Due to Frustrating Digital Processes, According to Insurity’s Latest Survey

Business Wire
by Business Wire0
New research from Insurity reveals how poor digital experiences in claims are causing consumers to disengage, signaling a call to action for insurers in 2025 Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced new findings from its 2025 Digital Experience Index, a national survey......
Finance Fintech InsurTech News

Markel launches solutions for Financial Institutions in Australia

PR Newswire
by PR Newswire0
Markel Insurance, the insurance operations within Markel Group Inc., today announced it has launched Financial Institutions (FI) solutions in Australia, with localised wordings to service a broad range of organisations in the sector. This announcement follows the launch of localised Commercial Professional Indemnity solutions in 2024, under Markel’s plan to progressively......
Artificial Intelligence Finance Fintech InsurTech News

CLARA Analytics Study Reveals AI as Early Warning System for Insurance Fraud

Business Wire
by Business Wire0
Machine Learning Models Detect Suspicious Claims Two Weeks Post-Filing – Well Ahead of Traditional Methods A groundbreaking CLARA Analytics study on fraud detection in property and casualty insurance claims has revealed that advanced analytical methods can accurately identify potential fraud indicators just two weeks after a claim is filed, significantly......
Finance Fintech InsurTech News

Nearmap to Acquire itel, Creating a Comprehensive Property Intelligence Platform Bridging Insurance Underwriting and Claims

PR Newswire
by PR Newswire0
Combination of complementary data and software solutions transforms property insurance from first notice of loss to settlement Nearmap, a leading property intelligence provider, today announced it is acquiring itel, an independent provider of critical property claims solutions including building material pricing and repair-versus-replace analysis. This strategic move unites two highly complementary......
Artificial Intelligence Finance Fintech InsurTech News

Roots Appoints Diane Brassard as Head of Education and Advocacy to Advance AI Transformation in Insurance

PR Newswire
by PR Newswire0
Roots, creator of the agentic AI platform for insurance and developer of InsurGPT™, the world’s first generative AI model purpose-built for insurance, today announced the appointment of Diane Brassard as head of education and advocacy. With over three decades of experience across claims, underwriting, operations, and automation, Brassard brings a unique blend......
Fintech InsurTech News

Quandri Appoints Heather Natour as VP of Engineering to Drive Product Innovation

Business Wire
by Business Wire0
Recently named one of LinkedIn’s Top Canadian Startups, Quandri is hiring for 20+ engineering, machine learning and AI roles Quandri, the AI automation platform modernizing personal lines renewals for insurance brokerages, announced the appointment of Heather Natour as its new Vice President of Engineering. A seasoned leader with more than 20......
InsurTech News

Qumis Unveils Major Platform Update to Modernize Insurance Policy Intelligence

GlobeNewswire
by GlobeNewswire0
New generative AI features deliver legal-grade insights, intuitive comparisons, and faster navigation for smarter decisions across insurance operations Qumis, the only lawyer-built AI platform designed to transform insurance knowledge work, announced a major platform release that redefines how brokers and carriers generate insights from policies, navigate complex documents, and collaborate......
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......
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