2024 AI in Insurance Report: Insurity
March 14, 20244 min
Insurity’s 2024 AI in Insurance Report serves as a critical resource for P&C insurance companies navigating the complexities of AI integration and consumer expectations
North American Digital MGA, Foxquilt, secured $12M Funding
July 27, 20234 min
Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise of $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. This substantial investment underscores the confidence in Foxquilt’s innovative approach to insurance and its potential to transform the industry landscape. Founded...
ZhongAn unveils AI & AIGC Integration roadmap into insurance sector
July 10, 202313 min
On July 7, ZhongAn Online P&C Insurance Co., Ltd, China’s first online-only insurance company, presented its vision of how the transition from digital intelligence to “AI +insurance” at the “Next Generation Digital Infrastructure, Brand New Value for Insurance Ecosystem” subforum of the 2023 World Artificial Intelligence Conference (WAIC2023). The transition is set to revolutionize the entire process of the sale and management of insurance, paving the way for an entirely new insurance infrastructure. The presentation delved into...
Falvey Insurance Group Announces New Promotion
June 29, 20235 min
Falvey Insurance Group is pleased to announce the appointment of Isabelle Therrien into a newly created role, Executive Vice President, Head of Cargo. This strategic leadership role will report directly to the recently appointed Chief Underwriting Officer, Tom Nasso, upon his official joining of Falvey later this year. As the Head of Cargo, Isabelle will be responsible for overseeing and expanding Falvey’s cargo insurance business with a focus on Falvey’s specialization in life science, technology, and general...
Leading commercial trucking insurance provider will become AI-first company, with new position designed to spearhead the rapid adoption of AI company-wide