Digital insurance company Lemonade is claiming a new record after paying out a claim in just two seconds. The speedy settlement happened in the UK, where a customer’s bike was stolen from the street ...

The cyber insurance market is undergoing a significant transformation, driven by the increasing frequency and sophistication of cyber attacks. A recent survey of 300 decision-makers, conducted by ...

Two-thirds of organisations faced an increase in cyber incidents over the past year, according to research from Hiscox, the Bermuda-headquartered global specialist insurer listed on the London Stock ...

Risk assessment in the insurance industry is a critical process that involves identifying, evaluating, and quantifying risks associated with insurable assets and activities. This systematic approach ...

AI-driven insurance startup Peppercorn has launched a conversational AI insurance assistant that guides customers through the insurance purchase experience more efficiently. The company, founded by ...

What does Sprout.ai do? Sprout.ai validates claims, checks for fraud, reduces waste and abuse, and also identifies outliers. It refines and improves customer data, with GDPR-compliant external ...

Ansel, previously known as Brella, covers over 13,000 injuries and illnesses — from concussions to cancer — on one consumer-friendly platform. The insurtech is on a mission to build a world where ...

Digital-native TPA Reserv has sealed US$20m in Series A financing to expand its Generative AI claims data analysis tool. The latest capital raise is co-led by prolific investors Altai Ventures and ...

Leading insurance firm MAPFRE has announced impressive 2023 results, including €32.23bn in revenues, €26.91bn in premiums and €692m in earnings. Coming towards a century of conducting business, Mapfre ...

Daniel Schreiber is Chief Executive Officer and Chairman of insurance company Lemonade – a business that he founded in 2015 alongside Shai Wininger, the founder of freelancing marketplace Fiverr; and ...

The partnership aims to improve commercial auto insurance underwriting by integrating SambaSafety's driver risk management platform with Cytora's risk processing capabilities. This collaboration ...

Verisk, a leading data analytics provider, has recently released its 2024 Global Modelled Catastrophe Losses report, highlighting a significant uptick in the average annual loss (AAL) from natural ...