IIR

Classiq Raises $110 Million in Record Quantum Software Round

The Series C investment, which brings Classiq’s total funding to $173 million, marks the largest funding to date in quantum software.

Posted: May 13, 2025

Linqura Partners with FirstChoice to Offer AI for Insurance Agencies

The agreement will provide AI-driven commercial lines support to network member agencies.

Posted: May 13, 2025

Qumis Launches Platform Update to Advance Policy Intelligence

New AI features offer legal-grade insights, faster comparisons, and enhanced navigation for insurance professionals.

Posted: May 13, 2025

Aon Names Lambros Lambrou Chief Strategy Officer

Lambrou will lead firmwide strategic initiatives and support integration with NFP.

Posted: May 13, 2025

Near Space Labs Secures $20M in Series B Funding

The aerial imaging startup will use the funding to expand U.S. coverage and explore new commercial markets, including agriculture.

Posted: May 12, 2025

Tinubu Raises $45 Million to Drive Specialty Insurance SaaS Leadership

The company completed its acquisition of Innoveo and will use the funding to enhance product development and expand its software offering into new specialty lines.

Posted: May 12, 2025

Bestow Raises $120 Million in Oversubscribed Series D Funding Round

The vendor will use the funding to expand its enterprise platform for life and annuities following the divestiture of its consumer business.

Posted: May 12, 2025

Guardian Expands Hospital Indemnity Insurance With 20+ New Benefits

The enhanced policy includes fertility, caregiving, and mental health support, reflecting Guardian’s focus on holistic employee well-being.

Posted: May 12, 2025

Mitsui Direct Migrates Claims Operations to Guidewire Cloud

Mitsui Direct has adopted Guidewire ClaimCenter in Japan’s first cloud-based deployment of the application to enhance IT operations and customer service.

Posted: May 11, 2025

John Hancock Marks 10 Years of Vitality Health Program

The life insurer reports improved health and financial outcomes for members and announces new partnerships with Function Health and Nutrisense.

Posted: May 11, 2025

The Insurance Hiring Paradox in an Era of Automation

Progressive’s plan to hire 12,000 employees bucks industry norms—and offers a glimpse into what strategic workforce growth looks like in a sector otherwise focused on automation and cost control.

Posted: May 08, 2025

Majesco Doubles Revenue and Expands AI across Core Systems

CEO Adam Elster explains how Majesco’s post-privatization transformation has driven cloud adoption, revenue growth, and embedded AI innovation across both P&C and L&A.

Posted: May 08, 2025

Farmers and Mechanics Mutual Adopts ZestyAI for Property Risk Insights

FMIWV has partnered with ZestyAI to enhance underwriting accuracy, reduce inspection costs, and improve pricing precision using AI-powered property data.

Posted: May 07, 2025

SAS Expands AI Portfolio with Digital Twins and Quantum Tools

At Innovate 2025, SAS outlines advances in immersive simulation, agentic AI, and quantum computing, along with new Viya platform features and governance solutions.

Posted: May 07, 2025

SBLI Adopts Swiss Re CARE to Speed Life Insurance Claims

The insurer has implemented Swiss Re’s automated claims engine to expedite and simplify payouts for beneficiaries.

Posted: May 07, 2025

CLARA Analytics Launches AI Tool to Detect Subrogation Claims

The company has added automated subrogation and risk transfer detection to its Triage platform to help insurers identify missed recovery opportunities.

Posted: May 07, 2025

MAPFRE Launches AI Manifesto, Opens Global AI Center

MAPFRE has introduced a company-wide framework for ethical AI and opened a global center to coordinate AI innovation, strategy, and governance across its international operations.

Posted: May 06, 2025

Wayne Cooperative Expands Clearwater Relationship with Risk Analytics

Wayne Cooperative Insurance has added Clearwater’s performance attribution and risk tools to its investment operations to support portfolio strategy and market scenario planning.

Posted: May 06, 2025

Bamboo Insurance Adopts ManageMy Platform for Digital Document Delivery

Bamboo Insurance has partnered with ManageMy to streamline digital document delivery, improve customer access, and reduce operational costs.

Posted: May 06, 2025

SAS Expands Viya Platform with New AI and Cloud Capabilities

New Viya innovations from SAS include synthetic data generation, intelligent agents, and expanded cloud services aimed at improving AI lifecycle speed and trust.

Posted: May 06, 2025

Shelter Insurance Deploys Shift AI for Claims Fraud Detection

Shelter Insurance has implemented Shift Technology’s fraud detection platform to identify suspicious auto and property claims and reduce investigative delays.

Posted: May 06, 2025

DXC Launches Insurance SaaS Solutions in AWS Marketplace

DXC has made its suite of Assure SaaS insurance solutions available through AWS Marketplace, aiming to simplify procurement and accelerate digital transformation for insurers.

Posted: May 05, 2025

WTW Names David Lofstrom Deputy Regional Leader

Willis, a WTW business, has named David Lofstrom Deputy Regional Leader for New England within its Corporate Risk and Broking unit in North America.

Posted: May 05, 2025

Aflac Expands Empathy Partnership to Include LifeVault Legacy Planning

Aflac will offer Empathy’s LifeVault platform to select group life insurance certificate holders at no additional cost beginning July 1.

Posted: May 05, 2025

Guardian Expands MarketPerform RILA to New York, Adds Options

Guardian has made its Registered Index-Linked Annuity available in New York and introduced additional investment terms to expand customization for retirement planning.

Posted: May 05, 2025