FurtherAI, the startup building AI assistants for insurance, closed a $25 million Series A round. Founded in 2023, FurtherAI automates complex document processing and integrates disjointed systems to improve underwriting, compliance, and claims operations at scale.
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Faura has partnered with PCMS to integrate natural disaster resilience data, providing small and medium-sized carriers with real-time insights across wildfire, flood, hurricane, tornado, and earthquake risks.
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Nava Benefits launched HQ, an AI-powered platform that simplifies benefits administration for HR teams. The $30 million funding round supports its unified system for quoting, benchmarking, compliance tracking, and employee support.
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Brisc, an AI platform built for insurance, launched its Submissions AI Agent to help property MGAs, carriers, and reinsurers accelerate broker submission processing and quote turnaround times through intelligent automation.
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Meanwhile, a life insurance startup that uses bitcoin for premiums and claims, secured $82 million in funding to meet rising demand from both individual policyholders and institutions offering bitcoin-linked savings and insurance products.
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German insurer DKV expanded its partnership with Kaia Health to include a digital therapy for chronic obstructive pulmonary disease. DKV policyholders can now access Kaia COPD, an app that offers breathing and relaxation exercises, educational content, and an AI-powered exercise coach.
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