Digital Insurance

Coronavirus already impacting insurers' IT budgets

Early research from Celent quantifies initial reactions

Posted: Apr 22, 2020

The Dig In Podcast 002: How insurtech unicorn Hippo is responding to virus crisis

Rick McCathron, chief insurance officer of the digital home insurance carrier Hippo, talks rapidly ramping up work-at-home and virtualizing home inspections as the coronavirus fallout spread.

Posted: Apr 21, 2020

Coronavirus pours gas on the tech revolution

Changes that would have occurred over the course of years are happening in weeks.

Posted: Apr 20, 2020

Insurers shouldn't be forced into coronavirus relief

When the government instead purports to rewrite the terms of policies already in force, serious problems arise.

Posted: Apr 20, 2020

Top insurtech funding rounds of Q1 2020

Believe it or not, there was a time before coronavirus, and some insurtechs were able to land more cash.

Posted: Apr 20, 2020

Allianz CEO says virus hit insurers like ‘meteorite’

The German government has unveiled a plan to backstop losses at commercial credit insurers to keep trade flowing and prevent bankruptcies.

Posted: Apr 16, 2020

Parsyl launches parametric cargo insurance

Insurtech's new suite is being used by Ascot Insurance.

Posted: Apr 16, 2020

How Argo Group planned for COVID-19

The crisis taught us a lot about what we can plan for, how digital can change the trajectory of our business lines, and how at the heart of digital solutions will always be a dedicated workforce.

Posted: Apr 15, 2020

How The Principal is handling coronavirus

Previous digital investments are paying off, says divisional CIO Kara Hoogensen

Posted: Apr 14, 2020

An ancient computer language is slowing America’s giant stimulus

This is slowing the government’s effort to get billions of dollars in stimulus checks to millions of newly unemployed citizens.

Posted: Apr 13, 2020

Will coronavirus crisis boost telematics and UBI?

More workers will be home-based either permanently or part-time in the post-COVID-19 era.

Posted: Apr 13, 2020

The Dig In Podcast 001: Don Civgin of Allstate on giving back in coronavirus era

Learn how data informed Allstate's decision to rebate auto insurance customers as COVID-19 kept cars off the road.

Posted: Apr 13, 2020

Insurtechs Kin, Cape Analytics partner up

Home insurance carrier will leverage Cape's geospatial data.

Posted: Apr 09, 2020

Battles continue over businesses' coronavirus claims

A dozen business owners -- including celebrity chefs, Native American casino operators, restaurant chains, a scuba-diving shop and a movie theater operator -- have sued insurers for refusing to honor policies.

Posted: Apr 08, 2020

Insurance scenario planning for the day after coronavirus

Insurers who cling to the business structures and systems of The Before Times may not be able to adapt.

Posted: Apr 07, 2020

Allstate, American Family Insurance prepare refund for coronavirus driving slump

Allstate expects to give back more than $600 million, while, American Family Insurance said it plans to return about $200 million.

Posted: Apr 06, 2020

CARES Act could lead to unexpected situation for mortgage insurers

The coronavirus relief legislation could result in private mortgage insurers having to hold more capital, a B. Riley FBR analyst report said.

Posted: Apr 06, 2020

Coronavirus conversation: Early impacts on business insurance and auto insurance

DI editor Nathan Golia and Celent's Karlyn Carnahan discuss her report, Covid-19: Three scenarios for insurers

Posted: Apr 03, 2020

DI Livestream_karlyn.mp4

Posted: Apr 03, 2020

Coronavirus: How bad a trainwreck for insurers? A Digital Insurance Live Chat

Join editor in chief Nathan Golia and Celent head of P&C Karlyn Carnahan for a discussion of the potential futures insurers could face after this crisis subsides.

Posted: Apr 02, 2020

Coronavirus programming notes from Digital Insurance

The impact on our sector is uncertain in every way but its depth.

Posted: Apr 02, 2020

Insurers must look forward, not backward, in post-coronavirus world

Insurance product creation historically has been based on historical data – the rear-view mirror view. However, there is a fundamental change afoot that cannot be ignored.

Posted: Apr 02, 2020

Insurtech Wefox part of startup group working on coronavirus tracking app

A group of German startups are working on an application that will help the government track people who have been exposed to the novel coronavirus and, ultimately, ease restrictions when the pandemic begins to subside.

Posted: Apr 01, 2020

Allianz Global Specialty hires first data chief

Ali Shahkaram has been with the company since 2012.

Posted: Apr 01, 2020

Legislators look to step in and force Coronavirus business-interruption claims

Proposed bills require insurers to pay out even if policies included language to exclude losses from virus-related issues.

Posted: Mar 31, 2020