Digital Insurance

Pandemic woes in the midst of change: Legal & General's digital transformation notebook

Everyone was being pushed to take that leap of faith into the world of digital transacting so that they could remain at home and stay safe.

Posted: Sep 21, 2020

Munich Re/Farmers Edge; Lincoln Financial Group/Policygenius: Roundup

Also: The Floow powers Mexican telematics rating engine, Betterment partners with Sure, more.

Posted: Sep 21, 2020

Insurers accelerate deployment of digital collaboration, video, chatbots

Remote processing and customer service investments are up, according to new research from Celent.

Posted: Sep 18, 2020

Furious comeback for insurtech funding keeps 2020 on a strong path

Despite a big dip in March and April, insurtech funding in the first half of 2020 is only 2% behind last year.

Posted: Sep 17, 2020

MetLife selects 10 insurtechs for accelerator program

The ten selected startups will work closely with MetLife leaders and Techstars mentors for the three-month program to develop, experiment and scale their ideas.

Posted: Sep 16, 2020

Travelers gets into item insurance with insurtech Pineapple

Partnership introduces AI-enabled image identification, automation and analytics to personal property insurance buyers in Texas

Posted: Sep 15, 2020

ACORD insurtech winner; insurtech job fair planned: Roundup

Plus: Expanded operations team at Openly

Posted: Sep 14, 2020

CNA hires data and analytics lead from Discover

Santosh Bardwaj becomes SVP, chief data and analytics officer with oversight of CNA's enterprise data and analytics function.

Posted: Sep 11, 2020

Home insurance coverages are getting digitalized, too

The carriers that use data and customer feedback to improve their products, as opposed to developing an awesome onboarding process or pricing scheme, will delight consumers today and will be ready to take on the challenges of tomorrow.

Posted: Sep 09, 2020

BNY Mellon automates medical, dental insurance claim payments

BNY Mellon has launched a system that automates medical and dental insurance claim payments, attaches benefit explanations and enables virtual card support for medical providers.

Posted: Sep 09, 2020

Indonesian insurtech picking up steam

PasarPolis offers microinsurance, allowing ride-hailing drivers, couriers and online shoppers and sellers to buy protection that cost as little as a few U.S. cents.

Posted: Sep 08, 2020

Meet the insurtech: TypTap

Born from insurer HCI Group, subsidiary harnesses mobility, big data, analytics, and AI to complete 58 underwriting steps in 300 milliseconds.

Posted: Sep 08, 2020

After the pandemic, can insurers still trust analytics?

The efficacy of analytics and predictive models is now questionable because the potential for accelerated decay of those models is up due to COVID-19.

Posted: Sep 04, 2020

Prudential wellness benefit tackles employees’ COVID-related stress

More than half of Americans' financial health has been negatively impacted by the effects of the pandemic.

Posted: Sep 03, 2020

UBI insurtech Metromile partners with Ford

Those who choose to sign on get full access to Metromile's suite of products.

Posted: Sep 03, 2020

Insurance and insurtech people moves: Insurance regulator jumps to Root

New chief data officer at Vericity; CFO promoted at Great American parent; Churhc Mutual claims leader.

Posted: Sep 02, 2020

Updated people moves: Erie CISO, Topa CIO

Former regulator joins Root, new Church Mutual claims leader.

Posted: Sep 02, 2020

Telematics shows insurance can get ahead of the digital curve

The Federal Highway Administration recently published success stories, one of which included the use of telematics technology in action.

Posted: Sep 01, 2020

COVID-19 insurance, agent tech partnerships: Insurtech roundup

Also: Virtual home inspections for social-distancing compliance, digitalizing D&O wholesaling, more.

Posted: Aug 31, 2020

John Hancock links new Amazon wearable to Vitality program

Amazon Halo John Hancock Vitality integration to launch

Posted: Aug 31, 2020

Making risk assessment more dynamic

To understand how the idea of dynamic risk assessment works, we first need to unlearn certain assumptions.

Posted: Aug 28, 2020

Alphabet's Verily partners with Swiss Re on insurance launch

Coefficient Insurance will sell stop-loss insurance, a type that helps cover unexpectedly large claims against employers who self-fund their health-benefit policies.

Posted: Aug 27, 2020

Laura’s damage may cost insurers $15 billion

Hurricane Laura’s path closely resembles that of Ike in 2008, the Wells Fargo analysts said.

Posted: Aug 27, 2020

Insurance digital interactions double in five years

ACORD report finds that the addressable audience for insurers who haven't digitalized their value chain is shrinking.

Posted: Aug 27, 2020

Disruption coming to life insurance post-COVID

In the long term, a realignment of customer behavior will have a profound impact on life insurers.

Posted: Aug 26, 2020