PZU, the largest financial institution in Central and Eastern Europe, is using AI to enhance how it reviews its car insurance claims across Poland, it announces today. PZU handles nearly 500,000 motor damage claims per […]
BeyondMinds, an artificial intelligence startup developing a universally applicable and easily adaptable AI solution, has raised $15 million co-led by leading Israeli venture capital fund Grove Ventures and private investor Marius Nacht. The infusion of funds will […]
With the launch of its new OmniExtract customer intelligence solution, Omniscience makes it possible, for the first time, to make automated, rapid, and sophisticated life insurance underwriting decisions about new customers, regardless of whether the […]
AEGIS London has recently announced the deployment of machine learning technologies that help underwriters better evaluate, price, and manage risk via Concirrus’ Quest Marine platform. Leveraging big data, Quest Marine derives the behavioural factors behind […]
AI leader Ushur recently announced $25M in Series B funding, fueled by a rapidly modernizing insurance industry and a growing demand for self-service customer experiences. Third Point Ventures led the round, with participation from existing investor […]
Clarity AI announced today that it has closed a USD $15 million funding round led by Deutsche Börse AG and co-investor Mundi Ventures. Clarity AI empowers investors to manage the impact of their portfolios through […]
MS&AD, one of the world’s largest property and casualty insurers, is to use AI to accelerate how it processes auto claims, speeding up recovery for its policyholders. The AI solutions, created by technology company Tractable, use […]
Today, Dataiku, one of the world’s leading Enterprise AI and machine learning platforms, has announced its partnership with global specialty cyber underwriting specialist Envelop Risk. Envelop Risk is working with Dataiku to model and mitigate cyber and […]
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