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/