TLDR: AI technology is becoming more prominent in the insurance industry, including generative AI. Insurance providers must navigate regulatory environments and ethical considerations when using AI. The article discusses the rise of

Summary of Owl.co: Taking The Insurance Industry By Storm TLDR: – Owl.co is an insurtech company revolutionizing the insurance industry with its innovative approach to claims management. – With the application of

FCA to Explore Big Tech Opportunities for Insurance Industry TLDR: FCA chief executive plans to explore big tech firms’ datasets for opportunities in financial services and insurance sectors. Analysis will focus on

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