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Your Daily InsurTech Briefing – 2024-08-07

August 7, 2024
by
1 min read

Let’s see what’s in the news today.

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

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Applied acquires AI insurance company

Tech vendor Applied Systems has acquired Planck, an artificial intelligence (AI) company for commercial insurance.

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Emerging tech helps insurers prevent claims chaos during CAT events

Gen AI, drones and other technologies are transforming the claims process for adjusters and customers.

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Gradient AI Raises $56m in Series C Round

Gradient AI secures $56.1 million in funding for AI solutions in the insurance industry. Learn about their plans for product development and customer success.

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How generative AI will reshape insurance

Generative AI is going to have a transformative impact on insurance

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