Digital Insurance

Access Denied: Underserved or ignored?

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.

Posted: Nov 09, 2020

5 Questions: CNA CIO Jane Possell

Tech leader for commercial insurer discusses becoming more agile, working with Google, incorporating automation.

Posted: Nov 09, 2020

MetLife hires Foot Locker, Target vet as CIO

Life insurance giant goes with retail experience for top tech post.

Posted: Nov 06, 2020

USAA, CUNA vet is new Amerisure CIO

Amjed Al-Zoubi had been CTO for the company that he joined in 2018.

Posted: Nov 04, 2020

How Prudential helps workers maximize employee benefits

Employees often don’t take advantage of supplemental insurance because of the difficulty of the claims process.

Posted: Nov 04, 2020

P&c distribution: blending traditional and new models

Depending on how you count it, there are at least eight different models for distribution in P&C, and variations within each of those.

Posted: Nov 04, 2020

Data breach hits 1 million Swedes after insurance firm error

Folksam Group, which oversees about $50 billion in insurance assets, said it shared client data with Facebook, Google, Microsoft, LinkedIn and Adobe, according to a statement on Tuesday.

Posted: Nov 03, 2020

Bucking COVID-19, big insurers invest more in insurtech than ever

About $5 billion has been invested in insurtech this year, and top-tier insurers have taken part in more than 60 deals.

Posted: Nov 03, 2020

4 steps to a strong insurance customer acquisition program

By taking a collaborative and analytical approach to while using consumer insights to target, insurance companies can build an efficient path to growth.

Posted: Nov 02, 2020

Reinsurance startup targets wildfires: Roundup

Also: One Inc., Majesco partner; Mercedes-Benz gets into home automation too.

Posted: Nov 02, 2020

Zeta leaves trail of wreckage, blackouts across U.S. south

It may cause as much as $5 billion in damages and losses.

Posted: Oct 30, 2020

HSB expands partnership with electric hazard device company

Ting's customer-installable sensor monitor the home’s electrical system to detect hazards like arcing from faulty wiring.

Posted: Oct 29, 2020

MS&AD to deploy Tractable AI

The insurer is the parent of Aloi Nissay Dowa Insurance and Mitsui Sumitomo Insurance.

Posted: Oct 29, 2020

MSA&D to deploy Tractable AI

The insurer is the parent of Aloi Nissay Dowa Insurance and Mitsui Sumitomo Insurance.

Posted: Oct 29, 2020

Root raises $724 million in IPO

The Columbus, Ohio-based company sold 24.2 million shares, together with investors selling 2.6 million shares of their own, at $27 each.

Posted: Oct 28, 2020

Insurers more telematics-curious after COVID-19

Consumer adoption is steady but still modest, Novarica finds.

Posted: Oct 28, 2020

AXIS taps Slice for home-business coverage

Amid increased work from home during the coronavirus pandemic, new product to launch with multichannel distribution.

Posted: Oct 27, 2020

AIG names next CEO as it splits off life insurance unit

Peter Zaffino takes over as CEO on March 1.

Posted: Oct 27, 2020

UBS plans big fintech investment push

Bank will partner with Anthemis, which is one of the most active insurtech investors.

Posted: Oct 27, 2020

How insurtechs can learn from e-commerce

I see the insurance industry going through many of the same challenges that we faced early on in e-commerce.

Posted: Oct 27, 2020

California braces for fires, outages in season’s worst winds

In Utah, the arid weather has prompted Berkshire Hathaway Inc.’s Rocky Mountain Power to warn it may cut power to about 1,800 customers in Sundance and Summit Park.

Posted: Oct 26, 2020

Tropical storm Zeta threatens Mexican resorts, U.S. Gulf Coast

Zeta is the 27th named storm in a supercharged Atlantic hurricane season, just one short of the record reached in 2005.

Posted: Oct 26, 2020

Newfront gets $100 million investment, CCC texting: Roundup

Also: Kin Insurance partners with home services company, new client for Breathe Life.

Posted: Oct 26, 2020

Access Denied episode 1: The wealth effect

Net worth disparities and the role housing and mortgage discrimination play in Black homeownership show that it's impossible to close the gaps without eliminating racism.

Posted: Oct 26, 2020

Access Denied: The wealth effect

In the first episode of the five-part documentary series, we look at how disparities in net worth and mortgage discrimination impact Black home ownership — and why it's impossible to close the gaps without attacking systemic racism.

Posted: Oct 26, 2020