May 2024 - Page 15

Let’s see what’s in the news today. PeppercornAI raises more than £3m to develop AI platform ‘Technology, specifically AI, has the potential to completely change the way consumers buy and manage their

TLDR: Key Points: HugHub chief executive, Jonathan Davey, announces retirement after 8 years with the company. Davey plans to explore new opportunities in the industry post-retirement and remains passionate about general insurance

TLDR: Sayata has launched an AI-powered platform called the Sayata Risk Engine for commercial insurance underwriting. The platform utilizes AI algorithms to accurately identify high-risk accounts, enabling insurers to expand their risk

Article Summary TLDR: Key Points: Cogitate has joined the AAIS Partner Program to offer innovative digital technology products for the insurance industry. Cogitate’s DigitalEdge platform aims to streamline processes for AAIS Members

TLDR: Cowbell introduces Prime Tech with AI solution for underwriting cyber insurance for SMEs. The new offering combines cyber risk insurance with Technology Errors and Omissions primary coverage. In a partnership with

TLDR: PeppercornAI raises £3.25m to develop its AI platform Funding round sees strong support from high net worth investors PeppercornAI has secured £3.25m in funding to further develop its artificial intelligence (AI)

Let’s see what’s in the news today. New York insurtech acquires Sarasota insurer Arbol Inc. formed the new carrier in response to the coverage gap in high-risk, coastal areas. Read the original

Article Summary TLDR: Key Points: More than 100 insurance startups are actively deploying AI solutions in the industry. AI, especially large language models (LLMs) and generative AI, is becoming a trend that

TLDR: Deloitte has launched the Insurance Growth Suite technology solutions to address the unique challenges faced by the insurance industry. The platform is designed to help companies future-proof their investments, reduce time

TLDR: Cowbell Prime Tech offers technology E&O and cyber insurance products in the USA and UK. Prime Tech combines robust cyber coverage and Technology E&O on a single form. Cowbell Prime Tech