CHICAGO (April 1, 2022) — Arturo, the proptech company that delivers intelligent analytics from individual property to portfolio, today announced new artificial intelligence models have revealed the presence of cryptid activity in and around residential areas globally. These cryptids, including the American chupacabra, Canadian gumberoo, Australian dropbear, the French and the Japanese...

In 2021, global insured catastrophe losses topped $130 billion dollars, according to Aon. Of that sum, nearly 94% came from natural catastrophe events. Unsurprisingly, catastrophic events continue to be of key concern to insurance executives.  Avoidance of risk via robust underwriting analysis will always be the best offense against losses, but having the right claims technology remains...

If there’s one thing everyone is concerned about in insurance, it’s climate change.  Early pre-season forecasts for the 2022 Atlantic hurricane season from Colorado State University and Tropical Storm Risk show a slightly above average year, indicating an above average number of named storms, hurricanes and major hurricanes.  But while hurricanes can cause the largest loss totals in...

There are four major factors shaping today’s property and casualty (P&C) insurance industry: 1) increased risk from climate change, 2) increased competition from newer entrants, 3) time-intensive and costly manual processes, and 4) an explosion of data and imagery so vast that most don’t know how to take advantage of it.  The fusion of these pressures has resulted in the insurtech...

The Arturo team is excited to wrap up another year. Between raising $25 million in Series B, being honored in Inc. magazine’s 2021 Best in Business for Insurance, and growing our team exponentially with a number of phenomenal hires, we couldn’t be prouder of what we’ve accomplished this past year. But, it’s what we’ve achieved hand-in-hand with our clients and partners that makes us...