All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Auto insurer Crabi raises $13.6m in new funding round 

The company intends to use the funds to expand its network of distribution partners and further develop its AI-driven operations. 

Price Forbes Re appoints global head of Life, Pensions & Annuities  

Isaac Sanday will be responsible for establishing a new line of business focused on life, pension and annuity reinsurance transactions.    

Markel Insurance and Insurate team up to enhance workers’ compensation with AI  

Insurate’s platform employs advanced AI algorithms to analyse extensive datasets.  

Transamerica Life Bermuda gets regulatory nod for DIFC presence  

Adnan Ladki has been appointed as head of DIFC for Transamerica Life Bermuda. 

US insurance broker Trucordia secures $1.3bn from Carlyle  

This investment is set to offer Trucordia the financial leeway to pursue various initiatives and streamline its governance framework. 

Kin Insurance taps ZestyAI for wildfire risk assessment 

Z-FIRE employs ML to assess a range of factors that contribute to a property’s vulnerability to wildfires. 

European Watch Company forges insurance partnership with Chubb  

Chubb will underwrite a worldwide insurance policy for EWC clients, covering loss, theft, damage and mysterious disappearance without a deductible.   

Insurtech company bolttech raises $147m at $2.1bn valuation  

The Series C funding round added new investors including Sumitomo Corporation and Portugal’s Iberis Capital. 

Indico Data unveils AI-driven Agentic Decisioning Platform for insurers  

This suite of AI agents and agentic solutions is designed to augment underwriting and claims decisioning in commercial insurance.  

Accenture invests in claims processing company Reserv 

The collaboration is expected to develop solutions that will benefit underwriters and claims professionals.