Artificial Intelligence 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.

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.

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.

Nirvana Insurance lands $80m Series C funding

vidhyamunnangi — Tue, 11 Mar 2025 09:42:55 +0000

Nirvana will use the capital to support further technological growth and market expansion in commercial fleet insurance.

The post Nirvana Insurance lands $80m Series C funding appeared first on Life Insurance International.

LexisNexis rolls out AI-driven property survey tool for insurers

vidhyamunnangi — Fri, 28 Feb 2025 14:58:45 +0000

Flyreel for Claims is a consumer-driven survey tool that facilitates the property claims inspection process for homeowners.

The post LexisNexis rolls out AI-driven property survey tool for insurers appeared first on Life Insurance International.

Falcon Insurance Group adopts Liberate Voice AI FNOL

vidhyamunnangi — Wed, 26 Feb 2025 09:32:03 +0000

The initial phase of Falcon's Liberate Voice AI FNOL implementation is scheduled to commence in early March.

The post Falcon Insurance Group adopts Liberate Voice AI FNOL appeared first on Life Insurance International.

Finders and Dnotitia partner to apply AI in insurance data analysis

vidhyamunnangi — Tue, 25 Feb 2025 15:31:24 +0000

This tie-up is expected to refine risk evaluation and underwriting processes for insurers by utilising AI-optimised models.

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