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InsurTech News August 24
Weekly InsurTech Roundup

Top Headlines from Aug 18–24, 2025

Curated by InsurTech NY • Sources: Upstage, Insurtech Insights, Coverager, Concirrus

Funding

Enterprise-Grade GenAI Provider Upstage Secures $45M Series B

Upstage, which uses LLMs to parse insurance documents, raised a $45 million Series B bridge round, bringing its total funding to $157 million. The funds will accelerate the development of its Solar language model and expand go-to-market in the U.S. and APAC.

Source: Upstage — Read More


Partnership

ZestyAI Partners with Applied Home National Underwriters

AI-driven property and climate risk analytics provider ZestyAI has partnered with Applied Home National Underwriters to enhance underwriting, pricing, and portfolio management across the U.S. Leveraging multiple data sources, ZestyAI delivers property-specific risk intelligence to improve risk assessment.

Source: Insurtech Insights — Read More


Funding

Overhaul Raises $105 Million Series C

Supply chain solution provider Overhaul has completed a $105 million Series C funding round led by Springcoast Partners. Overhaul helps LSPs, shippers, and motor carriers reduce their total cost of risk with its supply chain risk management platform.

Source: Coverager — Read More


Partnership

Sureify Joins Hands with Kuvare in Digital Transformation

Life & annuity technology provider Sureify has partnered with Kuvare to deliver a fully integrated digital portal for policyholders. The collaboration supports Kuvare’s ongoing digital transformation, enabling customers to view and manage all policy-related information.

Source: Coverager — Read More


Product

M47 AI Company Launches CLAIMS47 Solution

M47 AI Company unveiled CLAIMS47, an AI-driven claims solution designed to modernize insurance processes through intelligent document classification, automated data extraction, and semantic understanding of claims.

Source: Insurtech Insights — Read More


Certification

Concirrus Becomes First Insurtech with Triple AI Certifications

AI submission automation provider Concirrus achieved a global first by securing all recognized certifications for AI governance and security. The company ensures responsible development, deployment, and monitoring of AI models across insurance applications.

Source: Concirrus — Read More

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