Technology

Insurance broker stocks dropped roughly 9% on average this week after news that OpenAI approved the first AI application from an insurance provider within ChatGPT

Insurtech Indigo has closed a $50 mn Series B funding round as it accelerates national expansion and deepens its technology stack

Insurtech WithCoverage has closed a $42 mn Series B financing round led by Sequoia Capital and Khosla Ventures

Nevado AI has formally launched as an AI-native technology company targeting insurance and financial services institutions constrained by legacy infrastructure

Patra, a provider of AI-powered software solutions and technology-enabled insurance outsourcing services, has expanded its Patra AI platform following a series of product upgrades

Artificial intelligence, cyber insurance, and climate-driven catastrophe risk will shape the insurance market more than any other forces in 2026

California has become the front line in a looming fight over artificial intelligence regulation, and most of the world’s largest AI companies sit right in the blast radius

Insurtech Adoro enters 28 U.S. states with pet insurance products focused on broader coverage, stable premiums, and faster claims decisions

U.S. insurers and brokers expand AI across underwriting, claims, and customer support as tools mature and confidence in accuracy and security rises

Insurance filings across several US states show carriers beginning to weave in exclusions and policy updates tied to artificial intelligence, reflecting both ISO form changes

The insurance sector is staring at a fast-moving cyber threat tied to Model Context Protocol technology, the connective plumbing that lets AI models interact

Insurance customers don’t reject artificial intelligence outright, but they’re convinced the technology mainly boosts insurer profits, not their own experience

AIG, WR Berkley, and Great American have each asked regulators to approve new exclusions letting them deny claims tied to the use or integration of AI systems

Carpe Data folds its next-gen claims intelligence into Verisk’s ClaimSearch platform, a move that gives insurers instant access to its injury-claim fraud tools without wrestling

Planetun says it’s pushing even harder into AI, not because it needs a fresh buzzword, but because demand for remote checks never retreated after the pandemic years

OpenAI flagged a sharp jump in demand from insurers and financial firms as generative models shift from experiments to core infrastructure