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News
Waterdrop: Q2 Revenue Jumps 73% To $213.4 Million As AI Drives Insurance Growth
3+ day, 21+ hour ago (429+ words) Waterdrop reported second-quarter net operating revenue of RMB1.45 billion ($213.4 million), representing a 72.8% year-over-year increase as its insurance business expanded and the company deployed AI across sales, underwriting and other services. Insurance-related income increased 80.5% to RMB1.33 billion ($196.5 million), while operating profit increased 14.3% year…...
Huscarl raises $5.6M to build an autonomous AI actuary for corporate self-insurance
1+ week, 5+ day ago (1303+ words) For decades, companies have relied on commercial insurers to transfer the financial risks associated with their operations. But an increasing number are choosing to retain more of those risks themselves through insurance subsidiaries known as captives. Now, artificial intelligence is…...
Munich Re Group to Acquire Cyber Insurtech At-Bay
3+ week, 1+ day ago (447+ words) markets.businessinsider.com Munich Re Group to Acquire Cyber Insurtech At-Bay August 23, 2026 -- Munich Re Group today announced that it has agreed to acquire At-Bay, Inc., a U.S.-based insurtech company that provides cyber insurance and proactive cybersecurity solutions for small and…...
Bolt debuts industry-first AI insurance platform
3+ week, 4+ day ago (84+ words) Insurance Nerds Bolt debuts industry-first AI insurance platform Bolt Launches AI-Powered Insurance Distribution Platform Bolt, an InsurTech company specializing in distribution, has introduced what it describes as the insurance industry's first AI-powered distribution platform. This platform is designed to provide…...
Gallagher Re creates digital risk unit as AI reshapes accumulation
3+ week, 5+ day ago (431+ words) Gallagher Re has launched a digital risk practice, pulling AI liability, data centres, cyber, and digital risk engineering into a single advisory function. The move comes as technology-driven accumulation exposures increasingly cut across multiple insurance lines simultaneously. Ian Newman leads…...
Coverdash Partners with Housecall Pro, Bringing Embedded Business Insurance to Home Service Pros
1+ mon, 2+ day ago (510+ words) Coverdash, a leading digital insurtech company transforming embedded insurance, and Housecall Pro, a leading field service management platform trusted by over 200,000 home service professionals, have partnered to change how home service businesses access and manage insurance. By embedding Coverdash's end-to-end…...