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1 min read

Florida bill seeks to bar AI-only insurance claim denials, mandate human review

Florida Senate Bill 202: Human Oversight in Insurance Claims Florida's Senate Bill 202 is making headlines as it aims to change how insurance claim denials are handled. This new legislation is geared toward ensuring that final decisions on claim...

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Egypt’s SehaTech secures $1.1 mn seed to expand AI-powered health insurance

SehaTech Secures $1.1 Million to Boost AI Health Insurance Services SehaTech, a health tech company based in Egypt, has successfully raised $1.1...

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How Porch Group's (PRCH) Home Factors Expansion Could Shape Its Competitive Position in Insurtech

Porch Group Expands Home Factors Platform Earlier this month, Porch Group unveiled an expansion of its Home Factors property intelligence platform....

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Carpe Data and Harbor AI team up to speed E&S underwriting with AI insights

AI Partnership Aims to Enhance E&S Underwriting Carpe Data and Harbor have announced a new partnership designed to improve underwriting workflows...

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AI-driven insurer MGT raises $21.6 mn Series B to scale AI-native insurance

MGT Secures $21.6 Million in Series B Funding MGT, an insurance company specializing in AI-driven solutions, has announced it secured $21.6 million...

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Carpe Data and Harbor.ai boost E&S underwriting speed

Enhancing E&S Underwriting with Strategic Partnership Carpe Data, known for its innovative data solutions, has partnered with Harbor.ai, a platform...

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Stand secures $35 mn Series B to expand catastrophe insurance into Florida

Stand Secures Funding for Catastrophe Insurance Expansion Stand, an insurtech startup focused on providing insurance for properties vulnerable to...

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AI drives accuracy in insurance AML

AI Enhances Anti-Money Laundering in Insurance Recent developments highlight the role of artificial intelligence (AI) in transforming anti-money...

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Stolen Louvre treasures are uninsured, France says

France Will Not Be Reimbursed for Stolen Museum Treasures The French government has confirmed that the country will not receive any reimbursement...

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Afori launches AI platform for insurance brokers with €4 mn funding

Afori Launches AI Platform for Insurance Brokers with €4 Million Funding Afori, a new startup in the insurance tech space, has emerged from stealth...

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