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SoftBank leads $120m investment round for AI insurance startup Lemonade Lemonade, an insurance company powered by artificial intelligence (AI) and behavioral economics, has raised $120m in funding for global expansion. General Insurance > Commercial lines > News

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Technology In Insurance

Barbican to use FICO Enterprise Security Score to measure cybersecurity risk of insureds
By IBR Staff Writer
FICO Enterprise Security Score has been selected as Barbican Insurance Group's predictive analytic measure of cybersecurity risk for breach insurance underwriting.
Technology > Technology in Insurance > News
Acuity brings AI capabilities to omni-channel customer service
Acuity Insurance has launched automated billing chat capability (billing bot) using an artificial intelligence (AI) service.
Technology > Technology in Insurance > News

Outsourcing

Innovation Group selected by two major insurers in Australia
By IBR Staff Writer
Innovation Group, a provider of software, business process outsourcing and repair and service network management solutions to the property and casualty industry, has been selected by two major insurers in Australia following extensive evaluation processes with the newly-enhanced Innovation Insurer.
News
Insuritas to offer agency-integration insurance capabilities to BancorpSouth
Insuritas, a provider of outsourced insurance agencies, has reached an agreement with BancorpSouth Insurance Agency and BancorpSouth, to provide agency-integration insurance capabilities for the bank’s retail households and small businesses.
News