Technology Archives - Life Insurance International

Pibit AI raises $7m to develop AI-driven underwriting platform

vidhyamunnangi — Fri, 21 Nov 2025 09:34:50 +0000

Stellaris Venture Partners led the round, with Y Combinator and Arali Ventures also participating.

The post Pibit AI raises $7m to develop AI-driven underwriting platform appeared first on Life Insurance International.

Insurer SIGNAL IDUNA deploys Gemini Enterprise to workforce

vidhyamunnangi — Mon, 13 Oct 2025 08:41:19 +0000

The deployment is aimed at enhancing the development of decentralised AI agents to improve job-specific efficiencies.

The post Insurer SIGNAL IDUNA deploys Gemini Enterprise to workforce appeared first on Life Insurance International.

Brokers risk falling behind as AI disruption accelerates

GlobalDataFinancialServices — Wed, 20 Aug 2025 15:42:16 +0000

GlobalData’s 2025 UK SME Insurance Survey has found that 64.5% of SMEs are somewhat comfortable with AI assessing their insurance needs.

The post Brokers risk falling behind as AI disruption accelerates appeared first on Life Insurance International.

Allianz Life US data breach will be damaging to life and health insurance sector

GlobalDataFinancialServices — Tue, 12 Aug 2025 14:28:03 +0000

The breach was one of the largest reported cyberattack in insurance, as Allianz Life has around 1.4 million customers in the US.

The post Allianz Life US data breach will be damaging to life and health insurance sector appeared first on Life Insurance International.

DynaRisk secures funding to advance cyber insurance solutions

Satarupa Bhowmik — Tue, 29 Jul 2025 09:42:26 +0000

The company intends to use the funding to expand its operations across EMEA, North America and Asia-Pacific.

The post DynaRisk secures funding to advance cyber insurance solutions appeared first on Life Insurance International.

Demand for AI error insurance grows

GlobalDataFinancialServices — Mon, 19 May 2025 16:00:16 +0000

A GlobalData poll conducted on Life Insurance International in Q1/Q2 2024 explored the appetite among business executives for several insurance products.

The post Demand for AI error insurance grows appeared first on Life Insurance International.

M&S cyberattack highlights risks of hybrid working

GlobalDataFinancialServices — Thu, 08 May 2025 16:01:19 +0000

M&S’s highly publicised loss of nearly £700m in market value is expected to heighten awareness of cyber threats across the SME sector.

The post M&S cyberattack highlights risks of hybrid working appeared first on Life Insurance International.

CCC to integrate EvolutionIQ AI tech into auto casualty suite

vidhyamunnangi — Thu, 01 May 2025 07:53:27 +0000

Medhub for Casualty will be the first in a series of planned offerings to use EvolutionIQ's claims guidance.

The post CCC to integrate EvolutionIQ AI tech into auto casualty suite appeared first on Life Insurance International.

AI-driven insurtech company Klaimy secures €1.2m

vidhyamunnangi — Tue, 15 Apr 2025 14:04:26 +0000

The investment was led by Insurtech Gateway, with participation from U-Investors, Tenity and angel investors.

The post AI-driven insurtech company Klaimy secures €1.2m appeared first on Life Insurance International.

Commercial insurer FM breaks ground on Luxembourg tech centre

vidhyamunnangi — Tue, 18 Mar 2025 15:24:48 +0000

The centre will focus on research related to climate hazards, industrial technology and cyber risk loss prevention solutions.

The post Commercial insurer FM breaks ground on Luxembourg tech centre appeared first on Life Insurance International.