Danni Santana

The new system is powered by "AVA," a smart assistant leveraging telematics data to replicate accident scenes in seconds.

P&C insurer will implement the vendor's Onboarding & Compliance platform.

The continued emergence of AI, big data platforms and IoT suggests carriers must deploy newer skills to keep up, SMA finds.

The new offering supports the insurer's end-goal of bundling all its tech products into a broadly integrated service.

Here’s a look at some of the most prominent new industry appointees.

Workers' comp insurer selects Valen Analytics' InsureRIght platform, gaining access to vendor's data consortium.

Carrier will establish its recently purchased Hamilton USA business as an analytics unit aimed at leveraging data science for commercial underwriting and claims.

Canadian insurer's selection complements its implementation of the vendor's core suite last year.

Sastry Durvasula will lead the design and delivery of the broker's data & analytics technology across its global business.

Otonomo collects hundreds of data points from cars and packages them to inform insurers' UBI programs.

The digtial auto insurer will offer policyholders credits for free ridesharing trips after a car accident.

The insurtech ecosystem includes both potential vendors that insurers want to partner with, and companies that are taking them head on, panel explains.

The latest cyber attacks, as well as certain regulations, pressure insurers to bring on a full-time security professional, says Novarica's Mitch Wein.

These new companies sport telematics, AI and IoT platforms aimed at expediting claims, digital distribution and more.

Another industry alliance is forged aimed at providing driver data to insurance companies.

Partner Martha Notaras says that her fund is working to keep up with a fast-moving market for new insurance technology companies.

Though there's less of an onus on insurers to collect driving data for UBI programs themselves, the new ecosystem has other downstream effects, say experts.

Eligible customers can use the ExpressTrack platform to get life insurance without requiring a doctor visit, company says.

The home-sensor company is looking for insurance partners to join existing allies Liberty Mutual and XL Group.

These technologies are due for increased adoption by carriers as they mature, according to experts.