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ZestyAI, a risk decision platform for the insurance industry, has confirmed that regulators in more than 20 US states have accepted its Z-WATER model for non-weather water risk, allowing carriers to use the tool in their rate and rule filings.
Recent approvals include Nevada, O...
This week saw a total of $808m raised across a total of 12 deals, with the leading round centering on a capital fund raised by Team8.
This was slightly up on last week’s raises, where a total of $673m...
Sixfold, the AI underwriting InsurTech trusted by global insurers, has entered a strategic partnership with Sollers Consulting, the international insurance technology consultancy, aimed at helping carriers speed up their underwriting transformation.
The tie-up brings toge...
Aisot Technologies AG, the Zurich-headquartered, ETH Zurich spin-off building AI-driven portfolio intelligence tools for institutional investors, has wrapped up a CHF2m extension to its seed round.
The additional capital came from a mix of existing backers and newcomers, inclu...
A $200m enforcement case in the DIFC did not begin with a rogue trader or a fraudulent scheme. It began with a board that trusted the compliance reports it received and never asked whether they told the whole story.
According to Sherlocq, management prepares the update, the...