Things To Know About Chelsea Avondale It is a privately held company founded in 2017. With insurance as it’s major specialty, the firm is well known for development of the world’s most risk taking technology and P&C claims, Skynet. It…
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InsurTech Pioneer Sixfold Emerges With $6.5m Seed Funding, Revolutionising AI In Insurance
Things To Know About Sixfold The privately held company founded in 2023 is the first generative AI designed to solve toughest hurdles 9f insurance industry by underwriting task and automating work. The company is headquartered in New York. Currently, the…
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Munich Re Discloses Next-Gen AI-Powered Underwriting Solution
Reinsuring giant Munich Re has unveiled a next-generation AI-augmented underwriting solution, powered by the firm’s Automation Solutions’ new Predictor tech platform. Utilizing the AI underwriting solution addresses several key challenges in today’s market, including convenience, time, and intrusiveness. The platform…
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Leveling The Data Playing Field For Small-To-Medium-Sized Brokers
Cost-effectiveness, accessibility, and – most crucially – customer-centricity are the core ingredients at the heart of any effective data enrichment strategy. That was the message from Dan Cicchetti, director of client engagement UK&I at LexisNexis Risk Solutions, and Sandy Keith,…
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Generali Unveils Q1 2023 Results
International insurance giant Generali has today announced its Q1 2023 trading results, revealing a 1.3% bump in its gross written premiums (GWP) to €22.2 billion (approx. £19.28 billion). In a results release, Generali accredited this increase to robust growth in…
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Allianz Holdings Shakes Up Executive Leadership Roster – Two Big Names Depart
Allianz Holdings has today revealed that Allianz Personal CEO Steve Treloar and Allianz UK CFO Fernley Dyson are stepping away from their respective roles to take on new opportunities. In a Press release, the organization noted that Treloar, who joined…
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CFC Adopts Large Language Models For ‘Everyday Workflow’
CFC is using large language models, as powered by machine learning, to triage broker emails, CFC CEO Graeme Newman has said. “Those models are taking all the wonderful emails that you send us, reading them, interpreting them working out, therefore,…
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InsurTech Pioneer Obie Secures $25.5m In Series B
Things To Know About Obie Obie is a privately held insurance company founded in 2017 and headquartered in Chicago. The company holds major specialties in the sectors of Landlord insurance, Real estate investment management , SFR insurance, STR insurance, MFR…
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Managed Repair Tech Firm Westhill Secures $13.5m In Funding
Things To Know About Westhill Global Westhill is a privately held IT services and IT consultancy industry headquartered in Atlanta. The company was established in 217 and holds major specialties in the sectors like Claims, casualty, P&C, homeowners, property, contractor,…
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Hagerty Launches Commercial Valuations Service
Automotive specialist Hagerty is revving up its focus on the UK market, with the launch of a commercial valuations service. According to the firm, the goal of the service is to provide bespoke market data to its users – this…
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