TechCrunch

MAY 17, 2021

Over the years, the challenge of helping consumers more easily find car insurance was in the back of his mind. The Palo Alto-based startup launched a car insurance comparison service using artificial intelligence and machine learning in January 2019. Jerry is out to change that.”. Image Credits: Jerry.

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CIO

MARCH 20, 2025

Generative and agentic artificial intelligence (AI) are paving the way for this evolution. In commercial insurance, most carriers are aware of genAIs transformative potential and are already experimenting with it, said Su Fen Lim, senior vice president at Tokio Marine Kiln.

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CIO

MARCH 25, 2025

Artificial intelligence (AI) has rapidly shifted from buzz to business necessity over the past yearsomething Zscaler has seen firsthand while pioneering AI-powered solutions and tracking enterprise AI/ML activity in the worlds largest security cloud.

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TechCrunch

SEPTEMBER 1, 2021

How many of us have not switched insurance carriers because we don’t want to deal with the hassle of comparison shopping? Insurify has built a machine learning-based virtual insurance agent that integrates with more than 100 carriers to digitize — and personalize — the insurance shopping experience. A lot, I’d bet.

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TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

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CIO

DECEMBER 19, 2024

What if artificial intelligence (AI) could prevent 1,000 potential outages and improve IT service health and delivery by more than 75%? The insurance company decided to migrate from on-premises BMC Remedy to cloud-based BMC Helix ITSM and Discovery. IT teams would sleep better, but thats just the start.

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TechCrunch

FEBRUARY 2, 2021

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Twenty of the top 100 insurance agencies in the U.S. (as BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round.

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CIO

MARCH 13, 2025

For us, that means remembering our core mission: providing risk management and insurance solutions to our customers in a way that helps them protect their businesses and families. Thats the mindset we need to bring into every business, whether were selling insurance, financial services, or something else entirely.

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TechCrunch

MAY 6, 2022

The demand for more and enhanced automated experiences in our daily lives is growing, and the insurance sector is no exception. This points to a changing market where consumers have higher and different expectations for insurance experiences, based partly on the ease with which they now do other tasks digitally, like shopping and banking.

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TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. While working with insurance companies they recognized how fast the insurance industry was modernizing, yet insurance sellers still struggled with customer experiences due to outdated payments processes.

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TechCrunch

JANUARY 25, 2021

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. Agriculture insurance has traditionally relied on farm business. or Europe with typically large farms, an average insurance premium is $1,000.

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CIO

DECEMBER 10, 2024

At EXL, we recently launched a specialized Insurance Large Language Model (LLM) leveraging NVIDIA AI Enterprise to handle the nuances of insurance claims in the automobile, bodily injury, workers compensation, and general liability segments.

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TechCrunch

MAY 5, 2021

It was way back in 2018 that Omni:us appeared to disrupt the insurance market by applying AI to this most legacy of all industries. where the insurance industry is enormous. is an insurtech startup that uses AI to help insurance companies settle claims within 24 hours. to speed up insurance claims. raises $2.5M

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TechCrunch

SEPTEMBER 22, 2021

The main point of contention arose around defining what constitutes customer-centric healthcare and Aoun’s stance that, regardless of what else is involved in a company’s approach, starting from a point of working with insurers disqualifies a company from making any consumer-centricity claims. ”

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TechCrunch

APRIL 19, 2022

Tokio Marine , a Tokyo-headquartered insurance corporation, said Tuesday it has launched its $42 million corporate venture capital (CVC) fund, dubbed Tokio Marine Future Fund, to invest in early-stage startups around the world. .

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CIO

MARCH 4, 2025

Artificial intelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance. Satellite technology: Rapid growth in satellite constellations benefits telecom (remote connectivity), insurance and agriculture (high-resolution crop monitoring and disaster assessment).

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AWS Machine Learning - AI

MARCH 7, 2025

Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry, empowering clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud, and make informed decisions about global risks.

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TechCrunch

AUGUST 4, 2021

Founded in 2018 by Alex Thomson, Sumarie Greybe and Ernest North, Naked is a digital insurance platform covering cars, content, homes and standalone items. The company says it employs artificial intelligence to create new processes and experiences for its customers. Insurtech is hot on both sides of the Atlantic.

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N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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Crunchbase News

NOVEMBER 6, 2024

for $665 million, and Applied Systems acquiring New York-based AI commercial insurance platform Planck for $300 million. Some of the more notable deals last quarter involving AI-related startups were AMD buying Finland-based AI lab Silo.AI First, the U.S.

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TechCrunch

AUGUST 10, 2021

He also said the company “ continues to meet and exceed growth and revenue targets” with its first product, a service for comparing and buying car insurance. AI-powered Jerry raises $28M to help you save money on car insurance. Although Jerry also offers a similar product for home insurance, its focus is on car ownership.

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Artificial Inteligence Insurance Artificial Intelligence Comparison 252

TechCrunch

JUNE 16, 2021

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. You’re dealing with so many touch points with your insurance, so many people that need to come and check things out again.

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TechCrunch

MAY 17, 2023

The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary MetLife Next Gen Ventures. Embedded means insurance or protection products that are embedded into the customer experience as they buy a product or sign up for a service.

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TechCrunch

SEPTEMBER 16, 2022

Will Ross and William Steenbergen were AI researchers at Stanford working on climate and atmospheric modeling and reinforcement learning, respectively, when they began to collaborate on wildfire modeling and hurricane modeling initiatives for the insurance industry. He pointed to Russia sponsoring cyberattacks on U.S.

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CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion.

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Perficient

FEBRUARY 28, 2025

The 2025 National Conference on Artificial Intelligence is an unparalleled opportunity to dive deep into the transformative potential of AI across various sectors. I find all the sessions at the National Conference on Artificial Intelligence valuable, but I especially enjoy the panel discussions and networking opportunities.

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TechCrunch

FEBRUARY 7, 2023

More posts by this contributor A VC shares 5 things no one told you about pitching VCs 5 factors founders must consider before choosing their VC For artificial intelligence, 2022 was a year of breakthroughs.

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TechCrunch

MAY 28, 2021

the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward those who drive safely by offering “fairer” prices. The process to get insurance in the country, by any accounts, is a slow one.

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TechCrunch

NOVEMBER 28, 2022

Igloo develops its insurance products and then partners with insurers who underwrite their policies. Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It distributes its insurance products through partnerships, and is partnered with over 55 companies in 7 countries.

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TechCrunch

FEBRUARY 15, 2023

Naked , a South African insurtech company that helps consumers to insure their cars, homes, and valuables, has raised $17 million in Series B funding led by the International Finance Corporation (IFC). However, only a fraction of personal insurance is sold without human intervention.

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Data Virtualization

MARCH 20, 2025

Reading Time: 4 minutes Insurance CIOs stand at a pivotal crossroads. Insurance data is vast, complex, and deeply intertwined with risk. The post Developing a Practical, Value-Driven GenAI Strategy for Insurance appeared first on Data Management Blog - Data Integration and Modern Data Management Articles, Analysis and Information.

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CIO

MARCH 27, 2025

Are you using artificial intelligence (AI) to do the same things youve always done, just more efficiently? Attendees also saw demos of Code Harbor , EXLs generative AI-powered code migration tool, and EXLs Insurance LLM , a purpose-built solution to the industrys challenges around claims adjudication and underwriting.

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TechCrunch

MARCH 7, 2023

All said, Assured Allies joins with insurtech companies around the world that did manage to secure some decent funding recently, including Equisoft , Naked Insurance , Turaco and Acko. It has been proven to reduce the cost of long-term insurance claims by roughly 20%, Nahir told TechCrunch. Akilia Partners and Samsung Next.

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CIO

JANUARY 9, 2025

Here are the insights these CDOs shared about how theyre approaching artificial intelligence, governance, creating value stories, closing the skills gap, and more. These programs remove common barriers to change management by addressing and pre-debunking concerns about the role of artificial intelligence, Voorhees adds.

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TechCrunch

SEPTEMBER 1, 2021

This is where artificial intelligence and voice technology have presented an opportunity for enterprises to overcome the challenges of scale and engagement at their customer contact centers,” co-founder and CEO Skit Sourabh Gupta told TechCrunch. “Traditional voice-based call center service is difficult and costly.

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TechCrunch

JUNE 10, 2021

Eightfold AI, a startup which uses deep learning and artificial intelligence to help companies find, recruit and retain workers , said on Thursday it has raised $220 million in a new round as it looks to accelerate its growth. SoftBank Vision Fund 2 led the Series E round of the five-year-old startup, which is now valued at $2.1

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TechCrunch

OCTOBER 20, 2021

Resistant AI , which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, customer onboarding and more — has closed $16.6 million in Series A funding.

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