News
DUAL expands Zesty AI deal for California wildfire cover
3+ hour, 5+ min ago (234+ words) DUAL North America, a specialty programme administrator, has widened its relationship with Insur Tech firm Zesty AI, the Risk and Decision Intelligence Platform for the insurance industry, to underpin wildfire underwriting for a newly launched homeowners programme in California. Under…...
Bamboo Insurance unveils Essential homeowners cover
3+ day, 1+ hour ago (268+ words) Fin Tech Global Bamboo Insurance, a technology-enabled managing general underwriter specialising in homeowners" coverage, has rolled out its new Essential homeowners programme, an HO2 product aimed at buyers seeking straightforward, affordable protection. The Essential offering has been built around core coverage…...
How broken interactions are costing insurers growth
4+ week, 1+ day ago (299+ words) A decade of investment in digital transformation has left insurers with faster engines and emptier waiting rooms. Across the sector, carriers have poured capital into modernising pricing models, overhauling underwriting systems, and rebuilding customer-facing channels from the ground up. According…...
Columbia Lloyds adopts Zesty AI for property risk analysis
1+ mon, 2+ week ago (299+ words) Columbia Lloyds Insurance Company has selected Zesty AI's Risk and Decision Intelligence platform as the regional insurer looks to strengthen underwriting accuracy and property risk visibility across its homeowners portfolio in Texas, Oklahoma and Arkansas. The Houston-based insurer operates in…...
Insurers losing $72. 8m every day to filing delays
1+ mon, 3+ week ago (376+ words) Delays in US property and casualty insurance rate filings are costing insurers an estimated $72. 8m per day, with most objections linked to preventable operational errors rather than disputes over pricing itself, according to new research from Zesty AI." The Insur Tech…...
Lexis Nexis launches AI home insurance risk model
1+ mon, 3+ week ago (363+ words) Lexis Nexis Risk Solutions has launched an AI-driven property risk model aimed at helping US home insurers improve underwriting accuracy as claims costs continue to rise. The new platform, Lexis Nexis Location Intelligence for Home, uses neural network modelling and…...
Incept teams with Fortegra for UK property insurance
1+ mon, 3+ week ago (229+ words) Incept, an algorithm-driven Insur Tech, has entered into an underwriting agreement with Fortegra to support the launch of its digital title insurance solution in the UK. The partnership is designed to accelerate UK property transactions by providing faster access to…...
UK insurers face risk gap as 93% of properties misvalued
1+ mon, 4+ week ago (446+ words) A staggering 93% of UK properties are insured for the wrong amount, signalling a major flaw in how insurers assess and price risk, according to new research from Intelligent AI. The finding underscores a growing "Risk Intelligence Gap" across the market,…...
NRDC taps Zesty AI to analyse climate insurance risk
2+ mon, 5+ day ago (307+ words) Zesty AI, an AI-driven property risk intelligence company, has revealed that the Natural Resources Defense Council (NRDC), one of the United States" foremost environmental advocacy groups, is leveraging its ZORRO Discover" product to advance climate-focused research and public policy initiatives....
Kin expands digital home insurance offering to Oklahoma
2+ mon, 2+ week ago (473+ words) Kin, a digital home insurance provider, has expanded into Oklahoma, offering homeowners a new option for personalised coverage designed for the state's severe weather risks. The move marks Kin's entry into a market where a small number of insurers dominate…...