Digital Insurance

Achieving customer-centric insurance digital transformation

If long-term market trends were already driving greater demand for digital adoption, the COVID-19 pandemic has only served to accelerate them.

Posted: Sep 30, 2020

OneBeacon new CIO comes from Swiss Re

Vineet Bansal last was CTO for iptiQ, a Swiss Re internal startup, where he worked for three years.

Posted: Sep 29, 2020

How coronavirus changed insurance digital transformation

There’s little in business or in life that hasn’t radically changed in the last several months by COVID-19. As a result, most corporate CEOs and companies have had to shift their priorities as they approach month six of the crisis. Insurance companie...

Posted: Sep 29, 2020

Coronavirus fast-tracked insurance's digital response to Hurricane Laura

Customers were ready to leverage drones and self-service after weeks under social-distancing regulations, insurers say.

Posted: Sep 28, 2020

UK regulators force auto insurance overhaul

The proposed rule changes would ensure that when people renew their policies they pay no more than new customers buying coverage for the first time.

Posted: Sep 28, 2020

Amazon Ring drone can get a fly's-eye view of a home

The Ring Always Home Cam moves autonomously and is equipped with an indoor camera, giving users multiple view points of their homes.

Posted: Sep 25, 2020

$250 million Series D for Next Insurance, HSB extends cyber partnership: Roundup

Also: New tech leaders at insurtechs, more funding

Posted: Sep 25, 2020

Marsh hires new digital leader from IBM

Tamara Simpkins Franklin is new Chief Digital, Data, and Analytics Officer for the brokerage effective October 1.

Posted: Sep 24, 2020

How USAA is improving claims with UBI

Telematics-powered SafePilot program gets closer to insurer’s touchless claims experience.

Posted: Sep 23, 2020

Coronavirus drives more consumers to consider big tech for insurance

Policyholders’ willingness to buy insurance from technology companies has increased from 2016 to 2020.

Posted: Sep 22, 2020

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