The Ticker

Opens AI Lab in collaboration with the University of St. Gallen and the ETH Zurich’s Agentic Systems Lab. The program will apply high-level academic research toward developing “scalable solutions” for the use of artificial intelligence by the industry, Zurich says.

> Rolls out ClaimSnap software to enable insurers, MGAs, and third-party administrators to automate claims disbursements.

Completes $5 million Series A funding round for the blockchain-enabled parametric platform focusing on cargo delay protection. Participants were Hivemind Capital, Rothschild & Co Asset Management, Cyberport Macro Fund, ATX Venture Partners, and Portline Capital.

Raises $50 million in Series B funding round for the voice AI specialist, which will use the money to build “reasoning AI agents” that could autonomously handle an expansive range of carrier and agency work. Battery Ventures headed the round, backed by Canapi Ventures, Redpoint Ventures, Eclipse Ventures, and Commerce Ventures.

Rolls out the latest version of its convective storm model for the United States that more accurately captures the complexities of these events using high-resolution 4D physical models of the atmosphere.

Raises $20 million for the no-code insurance platform in an investment round led by CommerzVentures and backed by continuing supporters Toscafund, Dale Ventures, and company advisor Bronek Masojada. To date, Instanda has raised more than $85 million.

Raises €16.3 million in a Series B round for the Netherlands-based insurtech focusing on freelancers and small and midsize businesses, Fintech Finance News reported. Evli Growth Partners headed the funding round, with ongoing backing from Accel, Opera Tech Ventures, Munich Re Ventures, Visionaries Club, and Frontline Ventures.

Receives strategic investment from Aviva Ventures for the firm, which specializes in AI-powered automation for insurance operations. The investment level was not stated. Aviva Chief Innovation Officer Arslan Hannani joins the Indico board as an observer and advisor.

Agrees to acquire ProNavigator, a knowledge management platform for the property and casualty industry. The deal is expected to be sealed in Guidewire’s second quarter, pending standard closing conditions.

Acquiring Terrafuse AI, a provider of wildfire risk analytics.