Insurwave sells AI submission ingestion capability to Portage AI

Insurwave sells AI submission ingestion capability to Portage AI

Insurwave Divests AI Technology to Portage AI

Insurwave, an InsurTech company, has agreed to sell its AI submission ingestion capability to Portage AI, a company specializing in AI processing. This transaction includes associated technology assets and a specialist engineering team. According to the announcement, the move is intended to accelerate AI-driven submission processing and enhance real-time data intelligence in the specialty insurance market.

Original Source: https://fintech.global/2026/06/02/insurwave-sells-ai-submission-ingestion-capability-to-portage-ai/