Underwriting Automation

Pibit.AI Secures $7M to Transform Insurance Underwriting
AI & Automation Pibit.AI Secures $7M to Transform Insurance Underwriting

In an era where the insurance industry faces mounting pressures from increasing submission volumes and a shrinking pool of skilled underwriters, a groundbreaking solution has emerged to tackle these challenges head-on. Pibit.AI, an innovative insurtech startup, has recently raised $7 million in a

Cyber Insurance Struggles with AI Risks and Market Stability
Regulatory & Compliance Cyber Insurance Struggles with AI Risks and Market Stability

The cyber insurance market finds itself at a critical juncture, wrestling with the dual challenges of maintaining affordability for policyholders and ensuring financial stability for insurers amid an ever-evolving landscape of digital threats. As artificial intelligence (AI) amplifies the

How Will US Shutdown Chaos Impact Aviation Worker Claims?
Regulatory & Compliance How Will US Shutdown Chaos Impact Aviation Worker Claims?

Meet Simon Glairy, a seasoned expert in insurance and Insurtech, with a sharp focus on risk management and AI-driven risk assessment. With years of experience navigating complex challenges in high-stakes industries like aviation, Simon offers invaluable insights into the recent US government

Pibit AI Secures $7M to Revolutionize Insurance Underwriting
AI & Automation Pibit AI Secures $7M to Revolutionize Insurance Underwriting

In an era where the insurance industry grapples with persistent inefficiencies, a groundbreaking development has emerged to tackle these challenges head-on. Pibit AI, a promising InsurTech startup founded by Akash Agarwal, has recently raised $7 million in a funding round led by Stellaris Venture

OpenIDL Launches First Free Insurance Data Standard v.1.0
Digital Insurance OpenIDL Launches First Free Insurance Data Standard v.1.0

Pioneering a Data Revolution in Insurance The insurance industry stands at a critical juncture, burdened by fragmented data systems that cost billions annually in inefficiencies and missed opportunities, and with the launch of the openIDL Homeowners Standard v.1.0 by openIDL, an initiative under

Why Is Professionalism Crucial for UK Insurance Brokers?
Data Analytics Why Is Professionalism Crucial for UK Insurance Brokers?

As the UK insurance sector navigates a transformative period marked by regulatory shifts, demographic changes, and evolving consumer expectations, few voices carry as much weight as Simon Glairy’s. With decades of experience in insurance and Insurtech, specializing in risk management and AI-driven

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