Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
New York Times Agrees to License Content to Amazon for AI Use
May 29 2025 // The New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for use across its artificial intelligence platforms, marking the first such agreement the newspaper company has struck after...
Wildfire Experience Inspires New Contents Claims Insurtech
May 29 2025 // When Michael Balarezo emerged from the basement office of his Boulder, Colo., home in December 2021, smoke plumes from the nearby Marshall Fire were visible from his driveway. Balarezo, his wife and daughter swiftly stowed...
Dutch Insurer Scraps Old-Style Chat Bots Amid Uneven AI Rollout
May 28 2025 // NN Group NV is replacing pre-programmed chat bots in client-facing roles with a version that can interact more naturally with humans, further evidence of the continued but uneven roll-out of artificial intelligence in...
In Lawsuit Over Teen’s Death, Judge Rejects Free Speech Rights for AI Chatbots
May 23 2025 // A federal judge on Wednesday rejected arguments made by an artificial intelligence company that its chatbots are protected by the First Amendment — at least for now. The developers behind Character.AI are seeking to...
AI Regulation Ban Meets Opposition From State Attorneys General
May 22 2025 // A Republican proposal to block states from regulating artificial intelligence for 10 years drew opposition on from a bipartisan group of attorneys general in California, New York, Ohio and other states that have regulated...
Acrisure Secures $2.1 Billion Funding Round for M&A, Tech
May 21 2025 // Acrisure said it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital. Acrisure said the company’s valuation stands at...
Thoma Bravo’s Nearmap to Buy Insurance Tech Firm Itel for Over $1.3B
May 21 2025 // Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR, the companies said on Tuesday, as it looks to expand its offerings across property portfolios. The deal values...
Could Your Tech Stack Use a Spring Cleaning? How to Reduce Insurance IT Complexity with APIs
May 20 2025 // This post is part of a series sponsored by AgentSync. Today’s insurance agencies rely on an average of 5.7 to 11.9 different technology platforms for day-to-day operations, depending on their total revenue. For...
Italy’s Data Watchdog Fines AI Company Replika’s Developer $5.6 Million
May 20 2025 // Italy’s data protection agency has fined the developer of artificial intelligence (AI) chatbot company Replika 5 million euros ($5.64 million) for breaching rules designed to protect users’ personal data, the...
LA County Wildfire Alert Mistakenly Sent to Millions Due to Tech Glitch
May 15 2025 // A technological glitch caused an emergency alert to be mistakenly sent to millions of Los Angeles County residents in January rather than only those in the proximity of a wildfire, according to a congressional report. The...
Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers
May 14 2025 // Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private equity firm J.C. Flowers & Co. Financial details of the deal were not disclosed. Founded in...
As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
May 14 2025 // With a growing share of insurance executives viewing generative artificial intelligence as a tool for streamlining and improving functions like fraud detection, Deloitte predicts that AI technologies could save the...
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
May 14 2025 // A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the US’s...
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
May 13 2025 // Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, managing general agents,...
Carrier Management announces agenda and speakers for its 2025 InsurTech Summit
May 12 2025 // San Diego, CA. May 12, 2025 — Today, Carrier Management announced the agenda and speakers for The InsurTech Summit 2025. The event is designed for: carrier executives, entrepreneurs and investors, insurance...
Britain to Face More Cyberattacks as AI Adoption Grows, Minister Says
May 7 2025 // The growth of AI will increase the number and sophistication of cyberattacks on Britain, senior minister Pat McFadden said on Wednesday. British companies, public bodies and institutions have been hit by a wave of...
Markets/Coverages: Chaucer Launches Standalone TPL Cover for AI Underperformance
May 7 2025 // Chaucer Group, the specialty re/insurer, announced the launch of a standalone third-party liability (TPL) insurance product in collaboration with Armilla AI, the Toronto-based managing general agent that provides...
Berkshire Shareholders Reject Diversity, AI Proposals
May 7 2025 // Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based initiatives, one of seven proposals tied to diversity, artificial intelligence...
DoorDash Is Latest Tech Firm to Commit Millions to New York City Elections
May 6 2025 // DoorDash Inc. is committing $5 million to back political candidates in New York City and state-level races in New Jersey this year, becoming the latest technology company to disclose its lobbying efforts ahead of local...
Business Moves: Earnix Agrees to Acquire Insurtech and AI Specialist Zelros
May 6 2025 // Earnix, the software-as-a-service (SaaS) specialist, announced it has signed a definitive agreement to acquire Zelros, the Paris-based insurtech and developer of artificial intelligence solutions. Financial details of the...
