The only way the unknown risks become a part of business strategy is if underwriting accounts for changes that are in constant motion, using variables as diverse as climate change and construction prices.
Underwriting
Crop Monitoring Tech Company PlanetWatchers Raises $11M to Drive Growth
PlanetWatchers’ uses synthetic aperture radar (SAR) to power monitoring services that provide detailed crop insights, at any time, regardless of weather and lighting conditions.
Earnix Introduces Underwrite-It Analytics-Driven Underwriting Solution
Underwrite-It is designed to empower business users to create and manage rules and decision logic, leading to better underwriting decisions.
Autonomous Vehicle InsurTech Koop Technologies Launches Robotics E&O Product
The new coverage is designed for off-road autonomous vehicles and robotics developers, operators, and service providers across various industries.
Why the Evolution of the Crypto Industry Needs Digital Asset Insurance
InsurTech and legacy players are digging deep into their innovative pockets to contribute fresh crypto currency insurance solutions, supporting its ongoing evolution.
OWIT Global: Filling Technology Gaps with Microservices-based Insurance Solutions
CEO Wendy Aarons-Corman talks to IIR about the company’s foothold in automated bordereaux management and its ambitions to bridge insurance technology discontinuities with modern technological solutions.
Southern Trust Insurance Chooses Betterview to Reduce Expenses and Property Loss
The Betterview platform will empower underwriters to make faster, smarter decisions using property intelligence tools.
Russell Announces New Advisen Loss Data License with Zywave
Loss data from Advisen will power additional insights into connected risks for (Re)Insurers and corporates.
iCover Raises $5 Million in Pre-Series A Funding
The company will use the funds to expand technical staff, sales and marketing, and R&D for its AI underwriting framework and private Blockchain network.
CompScience Closes $6M Seed Round
The company’s platform generates proprietary risk factors from 50+ behavioral and environmental hazard detectors with an expanding library of computer vision models.