News
The directors and officers (D&O) liability insurance market in the United States continues to experience pressures from new technologies, economic volatility, and geopolitical tensions. D&O liability ...
COVR Global, a London-based insurtech startup, has raised $2.5 mn in seed funding to advance the development of its AI-powered claims decision engine. The round was led by MTech Capital, with ...
Ledgebrook, an excess and surplus (E&S) insurtech startup, has raised $65 mn in a Series C funding round led by The Stephens Group.
MetLife has expanded its partnership with insurance automation provider Sprout:ai to accelerate claims automation and improve customer experience across markets in the U.S., Asia, and Latin America.
ZestyAI, a provider of AI-based risk analytics for the property and casualty insurance industry, has secured a $15 mn credit facility from CIBC Innovation Banking.
Conquest Planning, a financial planning software company, has secured $80 mn in a Series B funding round led by Goldman Sachs Alternatives.
Insured losses from Hurricane Erick, which made landfall last week in southern Mexico, are expected to remain limited, according to AM Best.
Mergers and acquisitions (M&A) insurance claims reached record levels in 2024, with the highest total payouts ever recorded, according to Aon’s report. The report identified a sharp rise in claims ...
Aon announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial ...
Fitch Ratings reports that China’s non-life insurance sector maintained strong financial stability during the first quarter of 2025. This stability supported consistent premium growth and improved ...
Insurtech Clearspeed has raised $60 mn in Series D funding to expand its AI-driven voice analytics technology for risk assessment across the insurance and national security sectors. The new round ...
AM Best reported that the U.S. property and casualty insurance sector rebounded in 2024, driven by a $31 bn improvement in the personal auto line. This turnaround led to a $22 bn net underwriting gain ...
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