Digital Insurance

Introducing Access Denied: Systemic racism in financial services

This five-part series is a comprehensive effort to explain the racial discrimination Black Americans face in our financial system.

Posted: Oct 23, 2020

Which AI techs are most valuable in P&C?

And where can insurers deploy them for the most value?

Posted: Oct 23, 2020

Digital claims way up amid pandemic

That represents a major lift from 2017, when J.D. Power reported that customers were slow to adopt digital interactions

Posted: Oct 23, 2020

North American insurtechs win Zurich's global competition

The second year of the worldwide competition brings eight regional finalists from four regions.

Posted: Oct 22, 2020

AI insurtech Shift joins MAPFRE's startup program

Companies will work to develop claims automation platform for home leaks.

Posted: Oct 21, 2020

Nippon Life to launch chatbot training for agents

The program is built with an SDK from the startup Sensely.

Posted: Oct 20, 2020

Brazilian health insurtech looks to replicate Oscar

Sami will try to compete with major rivals such as UnitedHealth Group Inc., whose Amil unit in Brazil is one of the nation’s biggest health insurers by number of clients.

Posted: Oct 20, 2020

Next storm, Epsilon, heads toward Bermuda

It is the Atlantic’s 26th named storm this year, the second most in records going back to 1851.

Posted: Oct 19, 2020

Artificial intelligence is changing everything in insurance claims

The goal of every claims organization has been and will remain quickly adjusting a claim at a low cost with high levels of customer satisfaction.

Posted: Oct 19, 2020

Great American CIO jumps to Seibels, Verisk collaborates with Ford: Roundup

Also: Fabric's new CMO, telematics in Utah.

Posted: Oct 19, 2020

Are commercial insurers doing AI right?

There is a tug-of-war between AI for transformational purposes and AI for tactical purposes.

Posted: Oct 16, 2020

Meet the Insurtech: Lori

Company blends wide net for mobile device protection with social mission.

Posted: Oct 15, 2020

Don't forget earthquake resilience in COVID-19's wake

In addition to working with the Aon Rapid Response team, FedEx has looked toward using advanced technology to enhance their ability to expedite emergency response and recovery following an earthquake.

Posted: Oct 15, 2020

Telematics launches from Metromile and Southern Farm Bureau illustrate continuing industry shift

Metromile says the coronavirus pandemic has increased customer interest in its product, with squeezed consumers looking for ways to reduce their costs.

Posted: Oct 14, 2020

Insurtech NY selects 22 startups for 2020 cohort

The startups will work closely with 18 member corporations to establish proofs of concept and partnerships.

Posted: Oct 14, 2020

Farmers digitizes insurance verification: Roundup

Also: Swiss Re implements Majesco, new insurtech launch.

Posted: Oct 13, 2020

Insurance tech budgets after COVID-19: New priorities, flat dollars

The trend toward accelerating digital interaction development is happening, but it's not coming with a lift in financial resources.

Posted: Oct 08, 2020

Insurer's post-COVID innovation must be comprehensive

The best response to change is rarely a one-for-one replacement of a current product or business process.

Posted: Oct 07, 2020

Bold Penguin acquires RiskGenius, Nationwide taps Cambridge: Roundup

Also: CSAA launches sharing economy unit Mobilitas, and more

Posted: Oct 06, 2020

5 crucial insurance questions for the post-COVID 'new normal'

The best way for insurers to maintain business continuity and thrive on the other side of current crisis is by getting smarter about people, processes and content.

Posted: Oct 05, 2020

Q3 2020 insurtech funding rounds double from Q2

The 23 rounds of more than $10 million is indicative of a noted shift toward mature companies.

Posted: Oct 05, 2020

Capital's role in spurring insurance transformation

As carriers, distributors, service providers and insurtechs consider how to adapt these initial pandemic responses into long-term strategies, we see heightened interest from investors to provide strategic support.

Posted: Oct 02, 2020

Allstate to cut 3,800 jobs

The company said the move would free up money to spend on new technology and more marketing of its Allstate brand.

Posted: Oct 01, 2020

Pandemic beats out climate change as insurers' existential worry

Climate change is now the second biggest worry overall, but the views vary geographically as it remains the top priority in Europe but falls to the third place in the U.S. and Asia.

Posted: Oct 01, 2020

Usage-based insurance announcements from Wawanesa, Sapiens: Insurtech roundup

Also: Digital benefits enrollment in coronavirus's wake, core-systems replacement.

Posted: Oct 01, 2020