Digital Insurance

Wildfire risk leaves Californians without homeowners insurance

The deepening insurance crisis underscores how that market is trying to grapple with a risk that’s escalated in recent years.

Posted: Dec 04, 2020

3 ways AI can transform auto insurance customer experience

Insights from AI can help close the customer experience gap by providing auto insurance carriers with the ability to generate personalized touchpoints in real-time

Posted: Dec 04, 2020

Ex-Arch, AXA XL executives start private equity-backed insurer

Vantage Group Holdings Ltd. will begin by providing reinsurance, with plans to later underwrite other coverage as well.

Posted: Dec 03, 2020

Travelers to acquire digital agency from Plymouth Rock

The Insuramatch unit offers coverage for auto, home, boat, motorcycle, renters, umbrella and flood, among others.

Posted: Dec 03, 2020

Chubb names key Greenberg deputy John Keogh as president

Keogh, 56, will retain his role as chief operating officer and continue to report to Greenberg, Chubb said Wednesday in a statement.

Posted: Dec 02, 2020

Unprecedented demand for life insurance from pandemic could lift carriers

According to research from Life Happens, 67 percent of Americans say the pandemic has been a wake-up call for them to examine their finances – and to look into life insurance.

Posted: Dec 02, 2020

BMW and SAP join forces to build German auto data alliance

The platform will enable German car manufacturers and their suppliers to identify production bottlenecks or parts shortages, helping them to avoid some of the production outages seen earlier this year due to coronavirus lockdowns.

Posted: Dec 01, 2020

10 steps to achieving insurance data literacy

The terms 'digital' and 'data' are often conflated or are used interchangeably, but they represent very different facets in the journey companies are taking.

Posted: Dec 01, 2020

How to rework insurance data models

When choosing a data model design pattern, it’s important to understand both the problems and the potential solutions the design pattern offers.

Posted: Nov 30, 2020

Insurers win most — but not all — COVID-19 business-loss lawsuits

Overall, the industry could face at least $100 billion in total underwriting losses from the pandemic, Lloyd’s of London predicted in May.

Posted: Nov 30, 2020

Cambridge Mobile Telematics powers Branch, HSB expands IoT to Canada: Roundup

Also: New digital leader at PEMCO; AXA XL, more.

Posted: Nov 30, 2020

Insurer and wealth manager taps first Black female CEO

For its next leader, Ohio National turned to a veteran executive with prior experience leading its independent broker-dealer.

Posted: Nov 25, 2020

How insurance companies can adapt to increased remote work

The pandemic has uncovered some little-known facts about remote work that insurers and related organizations can capitalize on.

Posted: Nov 25, 2020

Metromile latest insurtech to go public after merger

Metromile will combine with a special purpose acquisition company, or SPAC, called Insu Acquisition Corp II.

Posted: Nov 24, 2020

Destination AI: Augmented automated underwriting and life insurance

AAU enables underwriters to spot patterns and connections that are either invisible to the human eye or which take normal, human-assisted processes large amounts of time and resources to identify.

Posted: Nov 24, 2020

Zurich in talks to buy MetLife’s U.S. home, car insurance unit through Farmers

The deal could fetch close to $4 billion and be announced as early as December.

Posted: Nov 23, 2020

4 digitalization trends in P&C claims

The extraordinary events of 2020 have placed new demands on claims that have played an important role in accelerating the digital transformation in this area.

Posted: Nov 23, 2020

Access Denied: Representation

The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem.

Posted: Nov 23, 2020

COVID-19 accelerates shift from agents: J.D. Power

‘Misalignment and poor execution’ at agent carriers prevented proper pandemic adaptation.

Posted: Nov 23, 2020

Allstate shuns big banks for bond sale to focus on diversity

Diverse firms are making more progress in the corporate bond market in 2020 amid a social reckoning on racial issues.

Posted: Nov 20, 2020

These places are bound to burn and people keep moving there

Of the 15 counties with the highest risk of fire by 2050, two-thirds have growing populations.

Posted: Nov 20, 2020

Women in Insurance Leadership: NEXT 2020

Digital Insurance introduces a quartet of young leaders on the rise in insurance.

Posted: Nov 19, 2020

WIL NEXT 2020: Next Insurance's Christina Pfeiffer

Christine Pfeiffer is head of operations for Next Insurance, joining the small-business insurtech in 2017. She oversees operations and customer support, having been responsible for increasing automation in the customer journey to help it scale up. Th...

Posted: Nov 19, 2020

WIL NEXT 2020: Next Insurance's Christine Pfeiffer

Christine Pfeiffer is head of operations for Next Insurance, joining the small-business insurtech in 2017. She oversees operations and customer support, having been responsible for increasing automation in the customer journey to help it scale up. Th...

Posted: Nov 19, 2020

WIL NEXT 2020: Ann Shepard, AP Intego

Ann Shepard is head of product and customer experience for digital broker AP Intego. She is responsible for delivering the company's products through the partnerships it makes with companies like Intuit and Square. Before AP Intego, she worked for Ag...

Posted: Nov 19, 2020