Search Results for: insurance carriers

FutureProof Technologies Launches FutureProof Insurance Agency to Leverage AI-Driven Risk Selection for Carrier Partners
Artificial Intelligence Finance Fintech News Risk Management

FutureProof Technologies Launches FutureProof Insurance Agency to Leverage AI-Driven Risk Selection for Carrier Partners

Business Wire
FutureProof Technologies, a venture-backed insurtech startup, is excited to announce the launch of the FutureProof Insurance Agency, a wholly-owned subsidiary designed to enhance insurance distribution through AI-driven risk selection. FutureProof Insurance Agency sells policies on behalf of dozens of carrier partners across the U.S. This strategic expansion builds upon FutureProof’s......
Vouch Expands Insurance Capabilities with StartSure Acquisition and Announces Series D Financing Led by Allegis Capital
Fintech InsurTech News

Vouch Expands Insurance Capabilities with StartSure Acquisition and Announces Series D Financing Led by Allegis Capital

PR Newswire
Vouch, the leading business insurance provider for high-growth companies, announced that it has signed a definitive agreement to acquire the team and book of business of StartSure Insurance Services, Inc., an insurance provider that simplifies how small businesses get insurance. Vouch is also announcing the first close of its Series......
SecurityScorecard Report 59% of Breaches Impacting Insurance Sector Caused by Third-Party Attack Vectors
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SecurityScorecard Report: 59% of Breaches Impacting Insurance Sector Caused by Third-Party Attack Vectors

Business Wire
Report highlights need to address third-party risks as cybersecurity gaps threaten critical services and policyholder trust SecurityScorecard released new research showing that 59% of breaches among the top 150 insurance companies involved third-party attack vectors, exposing critical vulnerabilities in the sector’s supply chain. These findings underscore the systemic risks posed......
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The Digital Divide: Insurance Industry Races to Bridge Tech Gap Amid AI Push

Aaron Wright
The insurance industry stands at a pivotal moment as it grapples with modernizing operations while racing to adopt artificial intelligence and advanced analytics. Recent research from Earnix, surveying more than 400 global insurance executives across Australia, Europe, the UK, United States, and Canada, reveals both promising developments and persistent challenges......
Qumis Raises $2.2M Pre-Seed to Revolutionize Insurance Industry Knowledge Work with AI
Artificial Intelligence Finance Fintech Investments News

Qumis Raises $2.2M Pre-Seed to Revolutionize Insurance Industry Knowledge Work with AI

GlobeNewswire
Funding will accelerate modernization of outdated industry practices for brokers and carriers. Qumis, the only lawyer-built AI platform designed to transform insurance knowledge work, today announced the close of an oversubscribed $2.2 million pre-seed funding round. The round was led by Armory Square Ventures with participation from MTech Capital, Grand Ventures, Alumni......
One Inc, a Leading Digital Payments Platform in Insurance, Announces New Board Chairman to Propel Next Growth Phase
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One Inc, a Leading Digital Payments Platform in Insurance, Announces New Board Chairman to Propel Next Growth Phase

Business Wire
Scott G. Stephenson brings extensive insurance expertise to fuel expansion and innovation One Inc, a leading payments network and software platform for the insurance industry,  announced it has appointed insurance technology industry veteran Scott G. Stephenson Chairman of the Board of Directors. “With Scott’s strategic insight, One Inc is poised......
ePayPolicy Announces Quoting and Invoicing Tool for the Insurance Industry
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ePayPolicy Announces Quoting and Invoicing Tool for the Insurance Industry

PR Newswire
Quotes and Invoices offers insurance companies a powerful and modern quoting tool, with built-in digital payments and connected premium financing. ePayPolicy has released Quotes and Invoices as part of an ongoing series of updates to their insurance payments platform. The traditional quoting and invoicing process often involves many parties, including brokers, carriers, and......
Moody’s to Acquire CAPE Analytics, Adding AI-Powered Geospatial Property Risk Intelligence to Its Industry-Leading Insurance Risk Models
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Moody’s to Acquire CAPE Analytics, Adding AI-Powered Geospatial Property Risk Intelligence to Its Industry-Leading Insurance Risk Models

Business Wire
Moody’s Corporation announced that it has entered into an agreement to acquire CAPE Analytics, a leading provider of geospatial AI intelligence for residential and commercial properties. The acquisition will bring together Moody’s industry-leading Intelligent Risk Platform and catastrophe risk modeling for the insurance sector with CAPE’s cutting-edge geospatial AI analytics,......
Checkbook Acquires sureti to Deliver End-to-End Payment Solution for the Property Insurance Ecosystem
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Checkbook Acquires sureti to Deliver End-to-End Payment Solution for the Property Insurance Ecosystem

Business Wire
Checkbook, a trailblazer in digital payments, is thrilled to announce its acquisition of sureti, a cutting-edge digital payment solution dedicated to transforming the distribution of insurance claim proceeds. This strategic acquisition positions Checkbook at the forefront of the insurtech revolution, delivering faster, smarter, and more secure payment solutions for insurance companies......
Deep Vector Raises $1.5M to Revolutionize Insurance Data Extraction with AIDeep Vector Raises $1.5M to Revolutionize Insurance Data Extraction with AI
Artificial Intelligence Commerce Digital Payments Finance Fintech Investments Markets News

Deep Vector Raises $1.5M to Revolutionize Insurance Data Extraction with AI

PR Newswire
Deep Vector, an AI platform for analyzing underwriting documents, closed its seed round of $1.5M, co-led by Aperture Venture Capital and InsurTech NY. Deep Vector helps insurers and brokers translate the influx of analog documents used for underwriting risk—claims loss runs, Acord forms, motor vehicle records, and business records—into usable and......
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