AI leader Ushur today announced $25M in Series B funding, fueled by a rapidly modernizing insurance industry and a growing demand for self-service customer experiences. Third Point Ventures led the round, with participation from existing investor 8VC. The latest investment…

Global insurer and reinsurer AXA has confirmed that it will provide a capital injection of potentially €1 billion to its AXA XL unit to shore it up against elevated catastrophe and COVID losses this year. Chief Financial Officer Etienne Bouas-Laurent…

When it comes to using algorithms and other formulae to determine what kinds of services you might offer to specific customers and at what price, the insurance industry is one of the oldest in the book. But that legacy position…