InsurTech stories
Canadian business owners now have a new way to cap personal losses when lenders enforce personal guarantees on commercial loans.
The funding lifts the Toronto start-up to USD $26 million as insurers and fleet operators seek easier access to fragmented telematics data.
Rising demand for digital infrastructure is prompting insurers to rethink cover for power, cooling and outage risks at data centres.
Specialist cyber claims support in Australia is being expanded as the insurer deepens local service amid rising incident-response demands.
Around 350 European insurers will gain wider compliance tools as Cleversoft adds FS Assist's specialist reporting software to its platform.
Insurers could speed up claims and underwriting while keeping audit trails intact, as NTT Data targets regulated workflows with new AI tools.
Rising heat, flood and quake exposure is forcing operators to rethink resilience as Asia-Pacific data centre demand accelerates.
The new release lets insurers automate claims and underwriting tasks inside their existing systems, while keeping data access and compliance controls in house.
Insurers could speed up claims and underwriting work as the new framework embeds AI agents into core policy systems while keeping compliance controls.
Property claims teams could gain faster decisions and fewer disputes after Sync Technologies won Guidewire's InsurPitch Sydney from five finalists.
The funding will help Axle expand beyond 50 insurance segments as businesses seek faster verification and fewer manual checks.
Fragmented agency workflows could be cut as Bolt's new platform links quoting, servicing and carrier access across US insurance markets.
The shift reflects a bid to bundle operations software and insurance for 80,000 organisations as frontline work becomes more data-driven.
Insurers are under pressure to spot fraud faster as claims files swell and investigations become harder to defend in court.
Retailer moves into regulated services as the tie-up offers UK shoppers home cover from GBP £60 a year with no cancellation fee.
Australians lost GBP £1.1 billion to scams last year, underscoring how banks now must protect customers' identities as well as their systems.
Phishing and fraud still drive most insured cyber losses, as artificial intelligence makes familiar scams more effective for clients.
The insurance software group is pushing ahead with its AI reshaping as Paul Wheeler takes over as Chief Executive Officer from Mike Ettling.
Banking and insurance teams could spot digital failures sooner as new tools feed governed customer-journey evidence into enterprise AI systems.
Fewer motorists switched cover as easing premiums cooled shopping activity, while older vehicles and Chinese brands complicated pricing.