Insurance has been fertile ground for artificial intelligence innovation, working as it does at the nexus of giant datasets, risk assessment, predictive analytics, fintech, and customer service. Federato, a startup riding that momentum, has now raised $40 million to expand its business: an AI-powered underwriting platform to help insurers better understand and respond to risk. […]
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{Categories} _Category: Implications{/Categories}
{URL}https://techcrunch.com/2024/11/20/federato-fixes-insurance-risk-analysis-with-ai-raises-40m/{/URL}
{Author}Ingrid Lunden{/Author}
{Image}https://techcrunch.com/wp-content/uploads/2020/09/GettyImages-1271593650.jpg?w=1024{/Image}
{Keywords}AI,Enterprise,Fundraising,Venture,Federato,insurance,risk,StepStone Group,underwriting{/Keywords}
{Source}Implications{/Source}
{Thumb}{/Thumb}