AI-powered insurance platform Corgi raised $106 million in funding, reaching a $2.6 billion valuation. The investment highlights growing interest in using artificial intelligence to transform insurance services for consumers.
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AI Insurance Revolution Hits Coastal Property Markets
Lilypad Insurance has appointed machine learning patent holder Rajiv Matta as chief innovation officer to revolutionize coastal property insurance using artificial intelligence. The move signals a broader industry shift toward tech-driven risk assessment in vulnerable coastal markets.
AI Insurance Platform Acquisition Signals Tech Shift
Prestige Trucking Insurance has acquired Mulligan, an AI-powered insurance automation platform, rebranding it as Insure Stack. The move represents the growing adoption of artificial intelligence in insurance operations and workflow automation.