The Ticker

Announces the U.K. digital motor insurer is partnering with Japanese insurance group Sompo to develop telematics-based insurance products for the Japanese market. Raises $28 million in a funding round including Sompo and existing investors.

Launches Velocity AI platform and six AI agents to accelerate workflows and decisions within the core systems employed by agents, MGAs, and carriers. The systems are intended to increase efficiency in operations including submission intake, underwriting, accounting, and communications.

Phases out the Mavera name for the claims decision support technology provider it acquired in 2023. The business focused on the Nordic insurance market will now use the Verisk name. Mavera Chief Produce Officer Johan Larsson takes the position of managing director for Verisk Casualty Claims Nordics.

Reports adoption of artificial intelligence has increased by over twofold in 12 months throughout the Lloyd’s market, with 93% of surveyed firms building governance frameworks. That marks a significant shift from experimentation to early-stage adoption over the last year.

Launches data-sharing pilot program to reward renewable energy assets for making extreme weather modifications. The project is first focused on bettering how resilience data is captured and relayed to insurance carriers using tracker technologies and other assets.

Announces the aerial imagery company is launching an agentic AI platform that helps claims managers prioritize inspections after a storm by ranking properties by the likelihood and severity of damage. Eagleview Horizon draws on verified aerial imagery and nationwide change detection.

Rolls out agentic AI platform that will empower insurance companies to use AI agents throughout the insurance life cycle. The platform encompasses agentic intelligence and orchestration, AI governance and guardrails, and integration with Duck Creek’s systems of record to ensure fast access to policy, claims, billing, and other resources. Simultaneously, the company announced availability of agentic applications to increase efficiency in underwriting and claims. >> Also launches agentic product configurator it says can reduce by half the time needed to advance insurance products from requirements to deployed configuration via one workflow.

Raises $45 million in a Series B funding round headed by BlackFin Capital Partners and Sentinel Global. The digital asset accounting and compliance platform seeks to address a gap in traditional enterprise resource planning and accounting systems for blockchain-native assets such as stablecoins and tokenized securities.

Launches its Safe Work Plan platform that enables workers to take a photo of their worksite with a short description of their job and submit it for AI-based review to identify associated hazards and safeguards.

Extends its AI underwriting summarization tool to support individual critical illness insurance applications. The tool, rolled out for individual life insurance applications in November 2025, can now summarize most individual protection applications that need a medical report.