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News
Orion180 Insurance Group seeks up to $340 mn in US IPO
2+ day, 19+ hour ago (336+ words) Orion180 Insurance Group is seeking to raise as much as $340 mn in an initial public offering. Florida-based specialty homeowners and flood insurer plans to sell 20 mn shares at $15 to $17 each. At the top of the proposed range, Orion180 would have a market…...
Billie Eilish deepfake case shows growing risks from AI-generated media
2+ day, 21+ hour ago (574+ words) A viral collection of AI-manipulated images depicting Billie Eilish drew about 11 mn views on TikTok before the platform removed it. The incident became an early example of how generative AI tools could be used to create sexualized fake content involving…...
Mistral AI raises €3 bn at more than €21 bn valuation
2+ day, 23+ hour ago (421+ words) Mistral AI has raised €3 bn in a Series D funding round at a post-money valuation of more than €21 bn. The company said the transaction is the largest equity fundraising completed by a European technology company. Samsung Electronics led the round,…...
Association of British Insurers sets out cyber security controls for UK businesses
2+ day, 20+ hour ago (553+ words) The Association of British Insurers has published new guidance on cybersecurity measures UK organisations should consider when preparing for cyber incidents. The document draws on industry experience and claims data to identify controls associated with preventing attacks and limiting losses....
AI adoption exposes insurance gaps in digital health
2+ day, 21+ hour ago (767+ words) Digital health companies are adopting AI faster than insurance programs are adapting to the resulting exposures, according to Beazley’s 2026 Digital Health & Wellness report. The study surveyed 600 executives across Europe, North America and Asia, while its claims analysis draws on roughly…...
Socure raises $156 mn at $5.2 bn valuation, acquires AI startup Fravity
2+ day, 22+ hour ago (481+ words) Socure, an AI-powered identity verification and fraud prevention platform, has raised $156 mn in a Series E extension at a $5.2 bn valuation. Summit Partners led the round, with participation from Goldman Sachs Alternatives, Wells Fargo and Docusign. The financing combines primary…...
AI saves underwriters time but decision quality gains lag
2+ day, 21+ hour ago (596+ words) AI is helping commercial insurance underwriters reduce administrative work, but fewer users report improvements in decision quality, according to the Underwriting Edge 2026 report from hyperexponential. The study surveyed 350 senior commercial property and casualty underwriters across the US and UK in…...
Beelzebub raises €3 mn in seed funding to expand AI cybersecurity platform
2+ day, 23+ hour ago (539+ words) Beelzebub has raised €3 mn in a seed funding round led by United Ventures. The financing brings total funding to €3.3 mn following an earlier €300,000 pre-seed round. The Milan-based company develops an AI-native cybersecurity platform designed to detect and respond to attacks…...
Guardio raises $40 mn at $1.1 bn valuation, reaches unicorn status
2+ day, 22+ hour ago (312+ words) Guardio has raised $40 mn in a new funding round at a $1.1 bn valuation, giving the consumer cybersecurity company unicorn status. The financing included an investment from Wiz co-founder and CEO Assaf Rappaport. Existing investors ION Crossover Partners, Union Tech Ventures…...
Wonderful expands AI operating platform for insurance workflows
2+ day, 23+ hour ago (437+ words) Wonderful is positioning its AI operating system for use across core insurance workflows, including underwriting, claims, servicing and compliance. The platform is designed to sit above existing insurer systems rather than replace core infrastructure. For sales and underwriting, Wonderful applies…...