The Ticker

Introduces Rating, Pricing, and Underwriting accelerator for Guidewire within its Radar rating and analytics engine. The tool will integrate Radar with Guidewire’s PolicyCenter policy administration system, allowing easier access to WTW’s suite of tools for insurers.

Rolls out its AI-driven claim coverage review tool, CoverAI, which helps to interpret and summarize complex policy language to enable faster claims coverage decisions and more consistent interpretation. CoverAI fully integrates with other claims management systems or can operate as a stand-alone application programming interface.

Raises $8 million in Series A funding, headed by Zigg Capital. The “digitally enabled” MGU will use these funds to expand its restaurant business-focused insurance products into additional business verticals and to deploy them beyond the 24 states in which they are currently available.

Announces that its sales enablement platform for life insurance agents has helped over 1 million families purchase life insurance.

Receives a 10 million-euro grant from the Bayer Foundation to support crop insurance premiums for up to 10 million smallholder farmers in Africa and South Asia by 2030. The Rwanda-based insurtech designs agricultural insurance products aimed at protecting smallholder farmers from natural catastrophe risk and encouraging sustainable farming practices.

Rolls out business performance guarantee coverage with limits ranging from $2 million to $75 million. Payouts from the digital business interruption specialist can be triggered automatically when activated by measurable performance metrics such as system downtime.

Establishes a digital office to “drive innovation in data, analytics, and technology strategies.” Claude Yoder, formerly a global analytics leader with Lockton Re, has been selected as chief data, analytics, and digital officer to support the initiative.

Raises $100 million of Series D funding, headed by QIA. The firm will use the funds to improve its AI solution for unstructured data management and analysis.

Reports that its AI agent passed registered professional liability underwriter certification exams for the cyber, errors and omissions, and executive liability modules. Flow is establishing an ecosystem of AI agents to assist broker efficiency by performing labor-intensive tasks such as generating quote comparisons or constructing review materials.

Partners with Brazos Specialty Risk Insurance to provide AI-powered video safety solutions to commercial fleet operators and drivers across the United States. Fleet owners that install the Driver app, which functions as a tracker and dash camera, will receive discounted insurance premiums and have access to detailed driver safety scores.