MedRisk CEO Sri Sridharan discusses how the company is using its vast workers’ compensation data, AI and provider insights to improve patient care, optimize medical costs and create stronger partnerships across the claims ecosystem.
Quarterly insurtech funding hit $2.44 billion in the second quarter of 2026, with 99.1% of that capital flowing to AI-focused companies, according to Gallagher Re.
As workers’ compensation claims grow more complex, today’s claims professionals are evolving into strategic coordinators who combine technology, clinical expertise, and collaboration to improve outcomes for injured workers and employers alike.
Q1 2026 InsurTech funding by AI-focused companies signals a market at an inflection point — where investment momentum and emerging liability risks are converging: Gallagher Re.
After three years of consistent quarterly funding near $1.1 billion, the insurtech market signals a maturation toward sustainable growth while AI applications reshape underwriting, Gallagher Re reports.
AI-driven innovation and strategic investments fuel the ‘insurtech spring’ as P&C insurtechs lead recovery with $1.13 billion in fresh capital, Gallagher Re reports.
As insurers grapple with severe weather and emerging risks, advanced location intelligence offers solutions for the P&C industry, according to Nearmap.
Insurtech funding increases in Q3 2024, driven by life/health deals, AI-centered investments and a focus on core operations, according to Gallagher Re.
Developing tech solutions looks easy — until you try it. But while time-consuming hurdles are inevitable, it’s possible to avoid the worst of them with the right planning.
Global insurtech funding rebounded in Q2 2024, driven by larger deal sizes despite a decline in overall deal count, according to Gallagher Re’s quarterly analysis.
Despite a drop in overall insurtech funding to $912 million, its lowest since Q1 2020, early-stage funding and AI-centered insurtechs are attracting investment, Gallagher Re observed.
The insurance landscape will continue to evolve as leaders predict we will see a focus on hyper-personalization, embedded insurance, and the humanization of AI.
Wearable ergonomics can reduce workplace injuries and workers’ compensation costs, but coordination and an alignment of incentives are required before they can gain a foothold.
The significance of the partnership between retail insurance and Insurtech for ensuring long-term growth and success in the sector should not be overlooked.