Digital Insurance

How Nationwide and other carriers can support agents going digital post-COVID

Agents who aim to become a true “digital powerhouse” should focus their attention in two key areas: digital marketing and streamlined self-service.

Posted: Jul 13, 2020

Insurance data strategy revolving around personalized customer experience

The data types that firms perceive as adding the most value to the business include pre-fill data from third-party vendors, images from cameras and smartphones, PDFs of all sorts of data, and customer segmentation.

Posted: Jul 10, 2020

Empathy in insurance is more important than ever

People buy insurance for peace of mind, and there are steps insurers can take to help further ease customers’ minds during this difficult time.

Posted: Jul 09, 2020

Zurich NA picks innovative insurtechs, Brewer Lane invests in health insurance fraud startup: Roundu...

Also: How insurtech Skywatch.ai worked with Google, and Foxquilt looks to expand.

Posted: Jul 09, 2020

5 questions: What's next for UBI

The sharing economy and pandemic-reduced driving volume are raising consumer interest in UBI.

Posted: Jul 08, 2020

Computer vision makes geospatial imagery come alive: 3 key insurance use cases

Computer vision helps us turn the vast amount of geospatial imagery generated by satellite, reconnaissance planes, and drones into geospatial intelligence to be used in risk assessment, loss prevention, risk management, and product innovation.

Posted: Jul 08, 2020

Financial services industry struggles to emerge from lockdown

Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe enviro...

Posted: Jul 07, 2020

Chubb finds IoT success with wine program

Partnership with HSB helping in de-risking expensive collections.

Posted: Jul 07, 2020

Meet the insurtech: Breeze

Company partnered with Assurant Life to launch product targeting freelancers and gig-economy workers.

Posted: Jul 06, 2020

Insurtech funding rounds: Q2 2020 edition

Despite the pandemic, there were several investments of $10 million or more in the spring.

Posted: Jul 06, 2020

Softbank-backed Lemonade jumps 86% in $319 million U.S. debut

Shares of the company opened at $50.06 and rose as high as $53.96 in New York trading Thursday.

Posted: Jul 02, 2020

Root and GasBuddy join up; new telematics course for agents: Insurtech roundup

How drivers' data can help them save on fuel, a new texting partner for Guidwire, and more.

Posted: Jul 02, 2020

Lloyd’s of London steps up call for expanding pandemic insurance

The world’s largest insurance market proposed a new type of policy that would cover revenue lost during a lockdown when businesses are ordered to close,

Posted: Jul 01, 2020

How insurtech is powering wildfire response

Start-ups and other companies have been working to develop tech innovations addressing extreme-weather disasters.

Posted: Jul 01, 2020

AXA agrees to cover restaurant losses from coronavirus lockdown

Hiscox Ltd. and other insurers indicated in the FCA case that they would argue against paying out fully on such claims, saying that shops in Sweden lost money even without a strict lockdown.

Posted: Jun 30, 2020

Why insurers should lead in digital accessibility for people with disabilities

Failure to pay attention to accessibility can have several negative ramifications.

Posted: Jun 30, 2020

The truth about flood risk can worsen american inequality

These are the people least able to afford private insurance and most likely to face financial run if their mortgages go underwater.

Posted: Jun 30, 2020

How Policygenius and Brighthouse worked together on digital life insurance

Brighthouse SimplySelect is currently being sold exclusively on the Policygenius platform using a hybrid online and agent-enabled model.

Posted: Jun 29, 2020

Maker of self-driving vehicle sensors said to be in talks to go public

Velodyne creates radar-like systems that use lasers to generate three-dimensional images of a surrounding environment, used by carmakers including Mercedes-Benz AG and Ford Motor Co.

Posted: Jun 28, 2020

Farmers' Toggle backs Jetty; NY insurtech accelerator set for Oct.: Roundup

How the Farmers unit will support the renters' insurance insurtech, and new Alexa skill for Anthem.

Posted: Jun 26, 2020

Tesla’s Model S touchscreen probed by U.S. safety regulator

The agency has received 11 complaints from drivers about the issue in the last 13 months.

Posted: Jun 24, 2020

Storm season has third-fastest start in more than a century

Many meteorologists have predicted the Atlantic will be active this year, exceeding the long-term average of 12 storms in the six-month season.

Posted: Jun 24, 2020

Cigna, Oscar offer insurance plan to help small businesses maintain productivity

The insurance companies plan to launch a new health plan in Q4 to help employers recuperate from COVID-19 losses.

Posted: Jun 24, 2020

CNA partnership tackles home care; Hippo boosts claims; Angie's List x Thimble: Insurtech roundup

Partnership activity announced the week of June 21, 2020.

Posted: Jun 24, 2020

Apple will force apps to ask for OK before tracking users

The change, announced at Apple’s virtual developer conference on Monday, is similar to a move the company made last year.

Posted: Jun 23, 2020