InsureTech

Beazley Uses AI to Enhance its Reputational Risk Policy

Specialist insurer Beazley has enhanced its pioneering Reputational Risk insurance policy by providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively. Underwritten by the Custodian Consortium at Lloyd’s led […]

Lloyd's/London Market

Marine Claims Process Takes Too Long

New research from Marine Judge – the AI Driven Marine Insurance Platform – reveals that 44% of managers involved in maritime insurance claims say the biggest challenge they face is the claims process itself taking […]

News

Generali and Sensely Team Up On AI-Powered Healthcare

Covid has really accelerated the pace of change in healthcare, with consumers being keen to keep their distancce and make full use of virtual consultations. Employers are also realising that offerig a 24/7 healthcare package […]

InsureTech

BeyondMinds Raises More Cash to Expand AI Product Development

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 […]

Technology

Underwriting: AEGIS Teams Up Concirrus on AI Pricing

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 […]

insurance marketing

Ethical Investment: Clarity AI Wins More Funding

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 […]

InsureTech

MS&AD Sign Up To Use Tractable’s AI Claims System

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 […]