Deepfake hiring insurance fraud and shadow AI use are testing cyber and crime policies
Deepfake hiring fraud and shadow AI use are testing cyber and crime policies as insurers reassess insider risk, verification rules and claims wording
AI News
Carpe launches AI claims suite for P&C insurers
Carpe Claims combines case management, image forensics, ad monitoring and claims intelligence for U.S. property and casualty carriers
White House builds AI cybersecurity clearinghouse GOLD EAGLE
Gold Eagle will let US agencies and AI firms share vulnerability data, scan open-source software and review advanced models voluntarily
AIoT tech Targa Telematics adds Agentic AI to fleet maintenance
Targa Telematics launches Maintenance Excellence to connect fleet data, automate maintenance workflows and reduce downtime for mobility operators
Insurtech Vertafore launches Velocity AI agent for MGA submission intake
Vertafore’s Velocity AI agent reads submissions, extracts data and helps MGAs move underwriting files into review with less manual work
Meta sued over AI-linked layoffs and disability claims
Former Meta workers allege AI-based layoff criteria penalized medical leave, disability and pregnancy. Meta denies AI made workforce decisions
Illinois joins California and New York with Artificial Intelligence Safety Measures Act
Illinois adopted AI safety rules for large model developers, adding risk reports, incident notices, audits and penalties up to $3 mn
Insurance M&A hit $29.6 bn across 191 disclosed deals, while AI began to reshape valuations
Insurance M&A reached $29.6 bn across 191 disclosed deals as AI starts to affect broker valuations, underwriting investment and capital strategy
Luffy AI raises £8.1 mn in Series A to scale adaptive industrial AI
Oxfordshire startup Luffy AI secures Series A funding led by BGF to scale neuroplastic AI for real-time motor control and industrial systems
Healthtech RediMinds earns URAC AI accreditation for medical review
RediMinds received URAC’s first Health Care AI Accreditation, joining two other organizations in a new U.S. healthcare quality program
French insurtech Panora raises $5 mn for AI insurance broker automation
Panora secured $5mn in seed funding to automate broker workflows, expand portal links and enter more European insurance markets
Startup Ora Computing raises €3.5 mn for AI model compression
Vienna-based Ora Computing raised €3.5mn to reduce AI model memory use, lower inference costs and support edge deployments
UK regulator FCA urged to review AI models used for financial advice
UK regulator faces calls to review ChatGPT, Claude and Gemini as consumer use grows and AI concentration risks deepen
UK calls for global AI safeguards as security risks risev
Yvette Cooper seeks international AI safeguards amid warnings over cyberattacks, autonomous weapons, extremist chatbots and child sexual abuse
Tsuga raises $35 mn Series A to expand AI observability platform
Paris-based Tsuga secured $35 mn in Series A funding to scale its AI-native observability platform and expand enterprise cloud deployments
SuperPlane raises $2.6 mn for AI engineering workflow control
SuperPlane raises $2.6 mn pre-seed funding for open-source AI workflow software, bringing controlled automation to production engineering teams
Canada life insurers use AI to close 42% insurance coverage gap
Manulife and PolicyMe expand AI underwriting as 42% of Canadians lack life insurance or remain unsure about their coverage
Insurance AI hiring rises 32% despite workforce cuts
Insurers hired 32% more AI specialists last year as overall headcount fell 2.2%, according to Evident’s latest sector index
Cyera raises $600 mn at $12 bn AI security valuation
Cyera raises $600 mn to expand its AI security platform for data governance, DSPM, DLP, identity, privacy, and agentic risk control
Jeff Bezos-backed Prometheus raises $12 bn in a Series B to build physical AI software
Jeff Bezos-backed Prometheus raises $12 bn to build physical AI software for engineering, manufacturing, prototyping, and industrial design
Polish fintech Paymove raises €2.12 mn for AI agent payments
Polish fintech Paymove raises €2.12 mn to expand QR payments, agentic AI payment infrastructure, and Western European market growth
Barcelona robotics startup Theker raises $85 mn Series A to expand modular AI robots
Barcelona robotics startup Theker raises $85 mn Series A to expand modular AI robots for logistics, retail, manufacturing, and warehouse automation
Helsinki startup Rotomate raises €2.1 mn in pre-seed for industrial AI maintenance
Helsinki startup Rotomate raises €2.1 mn to expand AI maintenance software for industrial plants across Finland, Sweden, Germany, Netherlands, and Poland
AI startup Poetic raises $50 mn Series A at $500 mn valuation
Poetic raises $50 mn from Kleiner Perkins, Founders Fund, First Harmonic, and OpenAI to scale enterprise AI workflows
UK insurers move past AI pilots but struggle to scale
Earnix survey shows 55% of UK insurers use AI in business functions, yet execution, governance, and personalisation remain difficult
CapsaAI raises $18 mn for private capital AI platform
CapsaAI raises $18 mn Series A funding to expand its AI operating system for private capital firms across U.S. markets
Dutch startup OurMind raises €2.1 mn for healthcare AI platform
Dutch healthtech startup OurMind raises €2.1 mn to expand its AI platform for hospitals, general practices, clinical notes, and admin support
Google sues Chinese cybercrime group over AI scams
Google says Outsider Enterprise used AI and Telegram to send 2.5 mn scam texts, create fake sites, and target Android users in the U.S.
Insurtech Pace raises $46 mn Series B for AI insurance operations
Insurtech Pace secures $46 mn Series B funding to expand AI agents for insurer workflows, policy servicing, claims, renewals, and submissions
Digital insurer Honeycomb raises $40 mn for AI property underwriting
Honeycomb Insurance raises $40mn led by Zeev Ventures to expand U.S. property coverage, agent tools, products, and AI underwriting
U.S. House lawmakers propose federal AI model rules over state controls
Draft U.S. AI legislation would block state rules on model development, drawing support from tech firms and criticism from consumer advocacy groups
Pennsylvania AG reaches GEICO deal over AI-linked policy review
Pennsylvania’s attorney general reached an agreement with GEICO after a policyholder lost auto coverage following an AI-linked review
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Global cyber insurance premium is set to reach $16.4 bn in 2026 as rates fall, AI risks grow and SMEs remain the largest growth opportunity
Cyber insurers are reviewing policy wording as autonomous AI agents create new questions over cyberattack definitions, liability and coverage triggers
Contractors who use generative AI on a job may find that their liability coverage does not apply if an AI-related error contributes to a claim. Insurers are rapidly filing exclusion forms for use with the general liability
The EU delayed parts of the AI Act as US AI funding surged, widening Europe's gap in capital, compute, talent and data for startups