Insurtech News

How On-Demand Insurance Is Poised to Be the Next Big Thing

The insurance industry isn’t known for making sweeping changes. That’s because customers want simple, reliable, and recognizable products. They want to purchase something once and forget about it until they need it. However, a new concept called on-d...

Posted: Mar 10, 2020

Stay Tuned for Major Investments in Predictive Analytics and Artificial Intelligence
Stay Tuned for Major Investments in Predictive Analytics and Artificial Intelligence

More than two-thirds of insurance carriers will invest in predictive analytics and artificial intelligence over the next two years. Sixty percent of carriers will invest in automation, and more than half will invest in machine learning. The technolog...

Posted: Mar 02, 2020

The key to insurance innovation? Peace of mind on a 24/7 basis
The key to insurance innovation? Peace of mind on a 24/7 basis

Generali is convinced that innovation is not just the key lever for its long-term success but also an opportunity to guide the process of change as a leader of the insurance industry. Therefore, innovation and digital transformation are key pillars i...

Posted: Feb 27, 2020

Webinar: Failure is Not an Option. Realize the Potential of Data Science From Swiss Re, AmFam, and Blue Cross and Blue Shield
Webinar: Failure is Not an Option. Realize the Potential of Data Science From Swiss Re, AmFam, and B...

With 90% of carriers actively investing in new data projects, project failure is not an option. Artificial intelligence (AI) and machine learning (ML) have become mainstays in the insurance industry, equipping insurance companies with tools that c...

Posted: Feb 02, 2020

Italian Insurtech NET Insurance: 83 million euro GWP
Italian Insurtech NET Insurance: 83 million euro GWP

Net Insurance hereby informs that in 2019 the Company recorded a positive trend characterized by an increase in premiums written compared to the previous year. Altogether, Life and Non-Life premiums increased from 62 million euro in 2018 to 83 millio...

Posted: Jan 27, 2020

Employee and Customer Engagement Are Interlinked
Employee and Customer Engagement Are Interlinked

In the future of insurance, operational excellence is important, but only a qualifier. The points of differentiation are in customer engagement; in our view, even......

Posted: Jan 26, 2020

The 7 most relevant InsurTech trends of 2020
The 7 most relevant InsurTech trends of 2020

We interviewed our top insurtech influencers to get some precious insight into what 2020 has in store for us and we came up with these......

Posted: Jan 21, 2020

How To Drive the AI Value Proposition in Insurance with Cutting-Edge Analytics and Innovation
How To Drive the AI Value Proposition in Insurance with Cutting-Edge Analytics and Innovation

The insurance industry is facing the challenges of disruption caused by the technological advancements in artificial intelligence (AI) and machine learning (ML). Insurance carriers are......

Posted: Jan 19, 2020

How To Drive the AI Value Proposition in Insurance with Cutting-Edge Analytics and Innovation
How To Drive the AI Value Proposition in Insurance with Cutting-Edge Analytics and Innovation

The insurance industry is facing the challenges of disruption caused by the technological advancements in artificial intelligence (AI) and machine learning (ML). Insurance carriers are......

Posted: Jan 19, 2020

InsurTech predictions for 2020: focus on the drivers of sustainable growth within current uncertainties and velocity of change
InsurTech predictions for 2020: focus on the drivers of sustainable growth within current uncertaint...

2019 was an interesting year for InsurTechs and insurers alike. We estimate that since 2014, 3,600 InsurTechs entered the insurance market with new business models......

Posted: Jan 13, 2020

2019: the second best year in the last decade for InsurTech funding
2019: the second best year in the last decade for InsurTech funding

Summing it up, 2019 was a great year for insurtech investments with a total of $6.59B in funding, making the second best year in the......

Posted: Jan 08, 2020

Reuters Events claims pole position with new Auto Insurance event
Reuters Events claims pole position with new Auto Insurance event

What a time to work in Auto insurance! The stakes have never been higher, have they? To secure market reputation and deliver personalized product and......

Posted: Dec 11, 2019

Reuters Events claims pole position with new Auto Insurance event
Reuters Events claims pole position with new Auto Insurance event

What a time to work in Auto insurance! The stakes have never been higher, have they? To secure market reputation and deliver personalized product and......

Posted: Dec 11, 2019

Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metromile
Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metr...

In an age where customers are demanding their Insurance Carrier be more like Amazon or PayPal with a smooth, touchless customer experience, Insurance Carriers face......

Posted: Dec 05, 2019

Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metromile
Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metr...

In an age where customers are demanding their Insurance Carrier be more like Amazon or PayPal with a smooth, touchless customer experience, Insurance Carriers face......

Posted: Dec 05, 2019

The Insurtech That Brings Tech and Trust to Insurance
The Insurtech That Brings Tech and Trust to Insurance

We had the chance to talk to Steve Tunstall - CEO & co-founder of Singaporean insurtech start-up Inzsure, and found out more about his background......

Posted: Nov 25, 2019

The Insurtech That Brings Tech and Trust to Insurance
The Insurtech That Brings Tech and Trust to Insurance

We had the chance to talk to Steve Tunstall - CEO & co-founder of Singaporean insurtech start-up Inzsure, and found out more about his background......

Posted: Nov 25, 2019

Affinity insurance markets: the UK and US compared
Affinity insurance markets: the UK and US compared

 A series of research studies released by Finaccord over the course of 2019 allows for comparisons of the environment for affinity and partnership marketing of......

Posted: Nov 18, 2019

The Price War Continues
The Price War Continues

We have previously evaluated and discussed the financial performance and operating results of the InsurTech Trio Lemonade, Root and Metromile. Based on the analysis of last available data,......

Posted: Nov 04, 2019

The Price War Continues
The Price War Continues

We have previously evaluated and discussed the financial performance and operating results of the InsurTech Trio Lemonade, Root and Metromile. Based on the analysis of last available data,......

Posted: Nov 04, 2019

Machine Learning Models in Insurance: Understanding Applicability and Usage
Machine Learning Models in Insurance: Understanding Applicability and Usage

The terms “artificial intelligence” and “machine learning” are used with growing frequency within the insurance field. While the language is gaining ground in popular understanding,......

Posted: Oct 28, 2019

Machine Learning Models in Insurance: Understanding Applicability and Usage
Machine Learning Models in Insurance: Understanding Applicability and Usage

The terms “artificial intelligence” and “machine learning” are used with growing frequency within the insurance field. While the language is gaining ground in popular understanding,......

Posted: Oct 28, 2019