Insurtech

Venture capital firms and insurers, led by Adams Street Partners, raised $162 million for the life insurance technology company.

The three largest deals had an average round amount of $101 million.

Travelers Canada acquired by Definity for $2.4 billion and Nearmap to acquire itel, plus more insurtech news.

Insurance carriers can increase success by strengthening partnerships with agencies.

A recent Digital Insurance survey found that boosting workplace efficiency and customer experiences were a handful of goals for artificial intelligence use.

Slide Insurance, underwriter of single-family home and condominium policies in Florida and South Carolina, reported net income of $92.5 million

AI is making insurance more intuitive, personalized, and accessible for today's diverse small business models.

For carriers serving high-risk drivers, speed, accuracy, and trust are not just nice to have — they are business-critical.

Managing general agents are using speed and flexibility in underwriting to meet changing market demands.

U.S. and global insurance regulators have been paying more attention to AI operations. Insurers are advised to watch how they use AI for pricing and guard against bias.