The Ticker

Launches Indigo Vault, a first-to-market document protection platform using post-quantum encryption to safeguard sensitive files against insider threats, AI exposure, and cyber theft.

Launches Statistical Service accelerator for Guidewire integration, automating data extraction to enhance insurers’ compliance processes and boost operational efficiency.

Raises $12 million in Series A funding to advance its hybrid human-AI cloud security remediation platform.

Expands contractors general liability product to mid-market in the E&S space, targeting policies with an average premium of $50,000. Supported by Philadelphia Insurance, this move builds on Slice’s digital platform to cater to a coverage gap among midsize contractors seeking higher limits.

Partners with Liberty Mutual Re to launch the first sensor-triggered parametric earthquake coverage in the United States, for the University of California system. A total of 180 seismic sensors will be installed across multiple campuses for precise claims settlement and expedited access to indemnification.

Raises $22.2 million in Series B funding to advance AI tools such as Digital Coworker and InsurGPT, which are intended to better extract and harness unstructured data to save insurance companies time and money.

Launches Switchboard Funnel, a comprehensive sales enablement platform for life insurance agents that integrates lead nurturing, product recommendations, quoting, and more in one interface.

Raises 30 million euros to augment AI-powered health and life insurance claims platform, expand into North America and Asia, and recruit AI and engineering talent.

Secures $17 million in Series B funding, following a $24 million Series A in March 2024. Hires Anthony Segal-Knowles, formerly of Lazard, as CFO to support the insurtech’s expansion efforts.

Launches integrated Document Intelligence tool powered by OIP Robotics, using AI for 99% accurate document data extraction to cut operational costs by 60% and speed up submission processing by 50%.