Reinsurance News
EvolutionIQ
CCC to acquire EvolutionIQ to enhance AI-powered claims management
23rd December 2024
CCC Intelligent Solutions (CCC), a cloud platform provider powering the P&C insurance economy, has signed a definitive agreement to acquire EvolutionIQ, an AI-powered platform for disability and injury claims management. Under the agreement, EvolutionIQ’s founders and team will join CCC, leveraging its operational resources and extensive customer network to expand into ... Read the full article
Munich Re teams up with EvolutionIQ
7th June 2022
EvolutionIQ and Munich Re are teaming up to expand the use of AI-based claims guidance in relation to disability insurance carriers across the US. The agreement between the two firms, announced in a press statement, says that Munich Re will offer disability insurers in the U.S. and Canada direct access to ... Read the full article
EvolutionIQ raises $21m in Series A funding
14th April 2022
Claims guidance platform EvolutionIQ has raised $21m in Series A funding. According to the firm, the round was led by Brewer Lane Ventures, with participation from FirstRound Capital, FirstMark Capital, Foundation Capital, Altai Ventures, and Asymmetric Ventures. Other investors included Reliance Standard Life, New York Life Ventures, Guardian Life, and Sedgwick. Tomas ... Read the full article
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