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WTW launch of Radar 5 with Gen AI capability marks a major milestone in insurance pricing and underwriting technology

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 14, 2025 3:18:31 AM

WTW Launches Radar 5: A Step Forward in Insurance Tech WTW has announced the launch of Radar 5, a new platform that incorporates Generative AI capabilities into insurance pricing and underwriting processes. This development is seen as an important...

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Shipping insurers threaten to raise prices after $1bn fine for plastic spill

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 14, 2025 12:43:44 AM

Insurers Urge Sri Lankan President to Act on Supreme Court Ruling A group of shipping insurers is advocating for intervention from Sri Lanka's...

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Insurtech wholesale broker QuoteWell secures additional $12 million in financing

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 11:10:46 PM

QuoteWell Secures $12 Million to Boost Tech Offerings QuoteWell, a rising player in the wholesale insurance sector, has recently announced it secured...

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Tampa insurtech Irys secures Markd-led $12.5 million investment

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 2:54:11 PM

Overview of Irys' Investment Tampa-based insurtech company Irys has successfully raised $12.5 million in a seed funding round. The investment is led...

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Descartes targets $500 million premium with 30% annual growth as AI and rapid claims drive parametric surge

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 2:54:05 PM

Descartes Underwriting Sets Ambitious Growth Goals Descartes Underwriting, led by CEO Tanguy Touffut and Americas head Daniel Vetter, is experiencing...

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Bold Penguin Acquires SquareRisk to Expand Specialty, E&S Access

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 1:51:20 PM

Bold Penguin Expands Its Reach with SquareRisk Acquisition Insurtech company Bold Penguin has announced its acquisition of SquareRisk, a digital...

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10 start-ups join new insurtech pre-accelerator programme

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 12:17:22 PM

New Insurtech Pre-Accelerator Program Kicks Off A not-for-profit organization has launched its first foundry pre-accelerator program, teaming up with...

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Bold Penguin acquires MGA products-focused insurtech SquareRisk

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 12:17:22 PM

Bold Penguin Expands with SquareRisk Acquisition On October 10, Bold Penguin, a platform specializing in commercial insurance distribution and owned...

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2 min read

Investors Back Irys Insurtech with $12.5 Million to Reinvent Insurance Software

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 11:25:49 AM

Irys's AI-native operating system replaces decades-old systems with scalable, intelligent technology —signaling a new era for insurance distribution...

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1 min read

Incept Technology launches instant title insurance platform

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team: Oct 13, 2025 9:11:55 AM

Incept Technology Launches Instant Title Insurance Platform Incept Technology, a newcomer in the InsurTech space, has unveiled a new title insurance...

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