Guidewire confirmed a definitive agreement to buy ProNavigator, the AI-powered knowledge management platform, aiming to fold its insurance-trained intelligence into the broader Guidewire ecosystem.

Omnix Medical, a Jerusalem biotech working on anti-infective drugs, closed a $25 mn Series C funding round co-led by Harel Insurance & Finance and the European Innovation Council (EIC) Fund. Existing ...

Liberty Mutual Insurance Co. and Continental Tire are pressing the North Carolina Supreme Court to review a recent appellate ruling tied to asbestos-related workers’ compensation disputes. Their ...

The New York Department of Financial Services hit eight auto insurers and agencies with more than $19 mn in fines after finding inadequate cybersecurity controls that exposed consumer data through ...

Autonomize AI rolled out a big expansion: AI Studio and an Agent Marketplace with over 100 pre-built, healthcare-native Agents. The company calls it the first orchestration platform designed so ...

Carpe Data and Harbor AI struck a partnership designed for one of insurance’s fastest-growing battlegrounds – excess and surplus lines. Their joint pitch is simple: give underwriters speed, accuracy, ...

Stand, an insurtech startup targeting properties most at risk from natural disasters, has closed a $35m Series B round. Eclipse led the financing, with continued backing from Inspired Capital, ...

Hong Kong’s Insurance Authority formally designated AIA Group and Prudential Corporation Asia as domestic systemically important insurers. The move comes alongside the launch of a new supervisory ...

NTT DATA, a global digital business and technology services company, acquires Alchemy Technology Services, a UK and Ireland consultancy with Guidewire chops and a serious track record in the London ...

Vienna Insurance Group AG Wiener Versicherung Gruppe signed a business combination agreement with Nürnberger Beteiligungs AG in a deal that values the German multi-line insurer at €1.382 bn. The move ...

Insurtech unicorn Lemonade just tossed out a bold pitch to Tesla owners: insure cars running on Full Self-Driving for almost nothing. The logic is simple but gutsy. If the cars drive themselves better ...

US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 30% in ...