3. Insurance AI

Fenris launched a Predictive AI subscription for real-time optimisation of insurance distribution intake, covering propensity, lead value and triage models.

FurtherAI raised a USD 25m Series A led by a16z, taking total funding to USD 30m for insurance-native AI workflows.

Bloomberg reported Assured was valued at about USD 1bn as ICONIQ and Kleiner Perkins backed the claims AI startup.

IAG Firemark Ventures welcomed 7Analytics to its portfolio to expand flood and landslide risk AI into Australia and New Zealand.

Moody's agreed to acquire CAPE Analytics to add AI-powered geospatial property risk intelligence to its insurance risk models.

CCC Intelligent Solutions completed its acquisition of EvolutionIQ for about USD 674.3 million, expanding AI claims guidance.

Wisedocs closed an oversubscribed CAD 12.7m (USD 9.5m) Series A led by Information Venture Partners for AI medical-record review in insurance claims.

hyperexponential raised a USD 73m Series B led by Battery Ventures, with a16z participating, to expand its insurance pricing platform.