Led by Allianz X and Acrew Capital, the round will enable further innovation, new business offerings, and rapid expansion.
Claims
Snapsheet Secures $30M in Series E2 Financing
The new funds will be used to accelerate growth and add new functionality to the company’s claims management platform, as well as to make key hires across engineering and sales teams.
Gore Mutual selects FRISS for Fraud Prevention
The insurer will be able to take a firmer stance against insurance fraud while providing more efficient underwriting and claims services for the insurer and its policyholders.
Hollard Launches New Duck Creek Core Systems in Six Months
The insurer opens up new books of business fully integrated into a broker platform with modern, low-code tools from Duck Creek Technologies and implementation by Xceedance.
Guidewire Launches New Guidewire Marketplace for Apps and Solutions
The new Guidewire Marketplace introduces key enhancements allowing P&C insurers to easily browse and discover expertly curated app collections and innovative solutions.
Hippo Scales Claims Services with Automation From Key New Partners
The enhancements aim to bring increased speed, efficiency, and processing power to Hippo’s customer claims services as Hippo expands to its 33rd state, Michigan, and scales its home insurance product.
Cincinnati Insurance Company Adopts Zesty.ai’s Z-FIRE to Assess Wildfire Risk
Z-FIRE’s AI model has been trained on more than 1200 wildfire events across several decades and accounts for the individual property-level factors that contribute to wildfire risk.
AI In P&C: Real vs. Hype
In some respects AI remains more buzzword than reality, especially within insurance IT organizations, but it has begun to have a real impact on the P&C insurance value chain.
Cigna Taiwan Selects IXT by OneDegree as its Core System
The InsurTech’s modern core system works in parallel with Cigna Taiwan’s existing systems and enables configuration of new products quickly and reduction of operating costs through automation.
Arturo Partners with High-Precision Stratospheric Imagery Provider Urban Sky
The agreement enables Arturo to expand its collection of aerial imagery through the addition of Urban Sky’s high-frequency, high-precision stratospheric photos.