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Superscript, a bespoke insurance provider for SMEs, raises $54 million

TechCrunch

Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K.

Insurance 305
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Marsh McLennan IT reorg lays foundation for gen AI

CIO

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

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Lessons learned turning machine learning models into real products and services

O'Reilly Media - Data

Today, just 15% of enterprises are using machine learning, but double that number already have it on their roadmaps for the upcoming year. However, in talking with CEOs looking to implement machine learning in their organizations, there seems to be a common problem in moving machine learning from science to production.

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DigiSure, the mobility insurance platform with high-tech screening, comes out of stealth with $13.1M raise

TechCrunch

DigiSure, a digital insurance company that caters to modern mobility form factors like peer-to-peer marketplaces, is officially coming out of stealth to announce a $13.1 DigiSure says it goes beyond credit and driving history to give users a more personalized quote, and in the process helps operators lower their own insurance costs.

Insurance 246
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Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations

TechCrunch

“We’ve diversified outside of financial services and working with government, healthcare, telcos and insurance,” Vishal Marria, its founder and CEO, said in an interview. to bring big data intelligence to risk analysis and investigations. “To do that you need more data and insights.”

Big Data 257
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Marsh McLellan IT reorg lays foundation for gen AI

CIO

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

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As extreme weather events worsen, 7Analytics meshes AI and big data to predict flooding

TechCrunch

One of these companies is 7Analytics , a Norwegian startup founded back in 2020 by a team of data scientists and geologists to reduce the risks of flooding for construction and energy infrastructure companies. ” Startups to the rescue?

Big Data 233