Digital Insurance

Hartford Insurtech Hub launches life, benefits program

Insurance accelerator expands to new lines of business.

Posted: Mar 03, 2020

Insurtech unicorn Hippo navigates next steps
Insurtech unicorn Hippo navigates next steps

Company retains focus on becoming loss-prevention partner to customers.

Posted: Mar 02, 2020

5 claims tech trends to watch in the 2020s
5 claims tech trends to watch in the 2020s

The future for insurance carriers looks bright when it comes to claims advancements this decade.

Posted: Mar 02, 2020

Homeowners claimants not ready for full digital: JDPA
Homeowners claimants not ready for full digital: JDPA

While digital capabilities have led to record-high claims satisfaction, a mix of high-touch and online services are preferred.

Posted: Feb 28, 2020

BrokerTech Ventures selects 12 for first cohort
BrokerTech Ventures selects 12 for first cohort

The startups selected will gain access to engagement and distribution offerings through BrokerTech Ventures’ nine owners and partners.

Posted: Feb 27, 2020

Tesla’s Autopilot, cell phone use blamed in 2018 fatal crash
Tesla’s Autopilot, cell phone use blamed in 2018 fatal crash

Tesla was heavily criticized for not doing enough to keep drivers from using its driver-assist function inappropriately.

Posted: Feb 26, 2020

Unqork gets more funding from Goldman Sachs
Unqork gets more funding from Goldman Sachs

Startup founded by former New York Life CIO counts large life insurers among clients.

Posted: Feb 26, 2020

Zurich Spain gets into IoT
Zurich Spain gets into IoT

The company has introduced water-damage prevention technology under a new brand name, Zurich Smart, in Spain.

Posted: Feb 25, 2020

Toyota drivers can buy Nationwide UBI through their cars
Toyota drivers can buy Nationwide UBI through their cars

The auto manufacturer's TIMS BrightDrive program connects drivers to Nationwide for participation in the insurer's SmartRide.

Posted: Feb 25, 2020

Allstate getting even more granular with Milewise UBI program
Allstate getting even more granular with Milewise UBI program

A pilot in Arizona tests the ability to adjust rates based on driving data week to week.

Posted: Feb 24, 2020

6 insurtech predictions for the 2020s
6 insurtech predictions for the 2020s

The insurtech movement has been underway for the better part of a decade. Now that we have entered the 2020s, it might be worth exploring what could be on the horizon.

Posted: Feb 21, 2020

Plug & Play, Society of Actuaries partner up
Plug & Play, Society of Actuaries partner up

Goal of initiative is to help insurtechs and actuaries better understand each other and develop effective products.

Posted: Feb 20, 2020

Insurtechs TheGuarantors, ODN add new execs
Insurtechs TheGuarantors, ODN add new execs

Two insurtech companies have added executives from other startups as the sector’s maturation leads to more mobility in positions.

Posted: Feb 19, 2020

Farmers launches direct-to-consumer in S.C.
Farmers launches direct-to-consumer in S.C.

South Carolina is the eighth state where Farmers has expanded access to branded products since 2011.

Posted: Feb 19, 2020

How well are insurers handling a new workforce?
How well are insurers handling a new workforce?

Personal lines organizations need to look at their business structures from an outside-in, consumer perspective, as well as traditional inside-out, operational perspective, and then reimagine business units and operational outcomes.

Posted: Feb 18, 2020

Term life insurers lean into accelerated underwriting
Term life insurers lean into accelerated underwriting

Predictive analytics also on the rise in the line of business, Milliman finds.

Posted: Feb 14, 2020

AI and machine learning will dominate the CIO agenda this year
AI and machine learning will dominate the CIO agenda this year

Now more than ever, organizations realize that to manage their unprecedented data growth, a solid data strategy must be front and center for them to survive and thrive.

Posted: Feb 14, 2020

A Kenyan startup is selling insurance for $1 a month
A Kenyan startup is selling insurance for $1 a month

The fintech firm is using partnerships with other consumer-services businesses to reach a larger pool of potential customers.

Posted: Feb 14, 2020

First American buying mortgage fintech company Docutech
First American buying mortgage fintech company Docutech

First American Financial, a title insurance underwriter and settlement services provider, is acquiring mortgage document firm Docutech for $350 million in cash.

Posted: Feb 13, 2020

Smart home device users seek insurance discounts: LexisNexis
Smart home device users seek insurance discounts: LexisNexis

While insurance discounts aren't a huge driver of smart device purchases, once they are already bought, insurance has a strong play, company finds.

Posted: Feb 13, 2020

Google’s Fitbit deal tests merger cops eyeing data giants
Google’s Fitbit deal tests merger cops eyeing data giants

Google’s plan to buy Fitbit is running into a wall of antitrust and privacy worries in the U.S., Europe and Australia.

Posted: Feb 12, 2020

Organizations get more focused on the application of disruptive technologies
Organizations get more focused on the application of disruptive technologies

It is an exciting time for IT. But also an exceptionally unsettled one, as rapid evolution is the norm and change that will shape a business's destiny is coming from all directions.

Posted: Feb 12, 2020

Tokio Marine licenses Metromile claims technology
Tokio Marine licenses Metromile claims technology

Though Metromile sells insurance on its own in the U.S., it is exploring some licensing of its proprietary tech.

Posted: Feb 12, 2020

Tesla’s Autopilot in spotlight in new NTSB reports on crashes
Tesla’s Autopilot in spotlight in new NTSB reports on crashes

The NTSB reports include hundreds of pages of data about the accidents, but no conclusions about what caused them

Posted: Feb 11, 2020

3 top ways data analytics will impact business strategies in 2020
3 top ways data analytics will impact business strategies in 2020

Data analytics will become more embedded in day-to-day processes specifically to provide analytics and AI insights within the flow of business.

Posted: Feb 11, 2020